IMPACT OF ETHNICALLY DIVERSE CEOS AND CONTEXT ON COMPANY PERFORMANCE. INSIGHTS FROM THE US TECH INDUSTRY.

Existing literature on the Strategy and Leadership dialogue surrounds the debate on CEO succession and CEO background and characteristics. CEO succession theory and Upper Echelons theory are at the crux of this literature to understand key characteristics and strategic choices followed by the CEOs t...

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Main Author: Jain, Shreya
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2020
Online Access:https://eprints.nottingham.ac.uk/62006/
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author Jain, Shreya
author_facet Jain, Shreya
author_sort Jain, Shreya
building Nottingham Research Data Repository
collection Online Access
description Existing literature on the Strategy and Leadership dialogue surrounds the debate on CEO succession and CEO background and characteristics. CEO succession theory and Upper Echelons theory are at the crux of this literature to understand key characteristics and strategic choices followed by the CEOs that ultimately influence company performance. The research integrates Resource Based View of the Firm theory, Glass Ceiling, Resource Dependency theory, Agency theory, Human Capital theory and Corporate Governance theory to acknowledge the role of resource availability, biases, board diversity and TMT stability on company performance. The aim of this research is to bridge the gap in existing literature by understanding the effects of ethnic diversity amongst the CEOs on company performance. By introducing narrative case studies on leading US technology firms, Microsoft, Google and Advanced Micro Devices, key findings are put forth qualitatively. It is evident that the company performance against the NASDAQ index is mixed in the presence of ethnically diverse CEOs. However, diverse CEOs positively influence the value of the company as measured by share price performance, through greater innovations and investments, increased workforce diversity and TMT stability. In supposition, the context under which a firm operates matters along with ethnic diversity amongst the CEOs.
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spelling nottingham-620062022-12-21T14:03:08Z https://eprints.nottingham.ac.uk/62006/ IMPACT OF ETHNICALLY DIVERSE CEOS AND CONTEXT ON COMPANY PERFORMANCE. INSIGHTS FROM THE US TECH INDUSTRY. Jain, Shreya Existing literature on the Strategy and Leadership dialogue surrounds the debate on CEO succession and CEO background and characteristics. CEO succession theory and Upper Echelons theory are at the crux of this literature to understand key characteristics and strategic choices followed by the CEOs that ultimately influence company performance. The research integrates Resource Based View of the Firm theory, Glass Ceiling, Resource Dependency theory, Agency theory, Human Capital theory and Corporate Governance theory to acknowledge the role of resource availability, biases, board diversity and TMT stability on company performance. The aim of this research is to bridge the gap in existing literature by understanding the effects of ethnic diversity amongst the CEOs on company performance. By introducing narrative case studies on leading US technology firms, Microsoft, Google and Advanced Micro Devices, key findings are put forth qualitatively. It is evident that the company performance against the NASDAQ index is mixed in the presence of ethnically diverse CEOs. However, diverse CEOs positively influence the value of the company as measured by share price performance, through greater innovations and investments, increased workforce diversity and TMT stability. In supposition, the context under which a firm operates matters along with ethnic diversity amongst the CEOs. 2020-12-01 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/62006/1/20206060_BUSI4134%20UNUK_Management%20Dissertation.pdf Jain, Shreya (2020) IMPACT OF ETHNICALLY DIVERSE CEOS AND CONTEXT ON COMPANY PERFORMANCE. INSIGHTS FROM THE US TECH INDUSTRY. [Dissertation (University of Nottingham only)]
spellingShingle Jain, Shreya
IMPACT OF ETHNICALLY DIVERSE CEOS AND CONTEXT ON COMPANY PERFORMANCE. INSIGHTS FROM THE US TECH INDUSTRY.
title IMPACT OF ETHNICALLY DIVERSE CEOS AND CONTEXT ON COMPANY PERFORMANCE. INSIGHTS FROM THE US TECH INDUSTRY.
title_full IMPACT OF ETHNICALLY DIVERSE CEOS AND CONTEXT ON COMPANY PERFORMANCE. INSIGHTS FROM THE US TECH INDUSTRY.
title_fullStr IMPACT OF ETHNICALLY DIVERSE CEOS AND CONTEXT ON COMPANY PERFORMANCE. INSIGHTS FROM THE US TECH INDUSTRY.
title_full_unstemmed IMPACT OF ETHNICALLY DIVERSE CEOS AND CONTEXT ON COMPANY PERFORMANCE. INSIGHTS FROM THE US TECH INDUSTRY.
title_short IMPACT OF ETHNICALLY DIVERSE CEOS AND CONTEXT ON COMPANY PERFORMANCE. INSIGHTS FROM THE US TECH INDUSTRY.
title_sort impact of ethnically diverse ceos and context on company performance. insights from the us tech industry.
url https://eprints.nottingham.ac.uk/62006/