Recent research has illustrated how demographic diversity influences the outcome of public sector organizations. Most studies focus on workforce diversity and little is known about how managerial diversity affects organizational outcome. This study focuses on top management team gender diversity and financial performance of public organizations. Theory suggests that management diversity can be a positive asset for organizations. It may allow for the use of more diverse knowledge and human skill sets. In this paper it is suggested that organizations, however, may only be able to leverage these advantages if they have a supporting management structure. In a longitudinal study of top management teams in Danish municipalities, the study finds top management team gender diversity to be associated with higher financial performance but only in municipalities with a management structure that supports cross-functional team work. These results are interpreted in the light of existing theory, and implications are suggested.
|Publication date||1. Aug 2014|
|Number of pages||34|
|Publication status||Published - 1. Aug 2014|
|Event||74th Annual Meeting of the Academy of Management: The Power of Words - Philidephia, United States|
Duration: 1. Aug 2014 → 5. Aug 2014
Conference number: 74
|Conference||74th Annual Meeting of the Academy of Management|
|Period||01/08/2014 → 05/08/2014|
Opstrup, N., & Villadsen, A. R. (2014). Gender Diversity in Top Management and Financial Performance. The Role of Organizational Structure. Paper presented at 74th Annual Meeting of the Academy of Management, Philidephia, United States.