How deep-level and surface-level board diversity, formal and informal social structures affect innovation

Despite a growing interest in understanding how board diversity shapes firms’ innovation, findings about the impact of board diversity have remained mixed. In this paper, we conceptualize board diversity as two forms – deep-level and surface-level – and find that these two forms of board diversity h...

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Main Authors: CHEN, Guoli, HSU, Po-Hsuan, LEE, Yen Teik, MACK, Daniel Z.
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Language:English
Published: Institutional Knowledge at Singapore Management University 2024
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Online Access:https://ink.library.smu.edu.sg/lkcsb_research/7466
https://ink.library.smu.edu.sg/context/lkcsb_research/article/8465/viewcontent/Board_diversity_and_Innovation_JMS_Dec_2023_sv.pdf
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spelling sg-smu-ink.lkcsb_research-84652024-02-22T03:04:13Z How deep-level and surface-level board diversity, formal and informal social structures affect innovation CHEN, Guoli HSU, Po-Hsuan LEE, Yen Teik MACK, Daniel Z. Despite a growing interest in understanding how board diversity shapes firms’ innovation, findings about the impact of board diversity have remained mixed. In this paper, we conceptualize board diversity as two forms – deep-level and surface-level – and find that these two forms of board diversity have opposing effects on a firm's innovation. We also theorize how formal and informal social structures can strengthen the positive effect of deep-level diversity yet simultaneously weaken the negative impact of surface-level diversity. We test our hypotheses with a panel of 42,432 firm-year observations from 2000 to 2019. Our paper contributes to the literature on boards and innovation by highlighting and differentiating the mechanisms through which board diversity affects innovation, as well as showing how formal and informal structures can moderate the effects of board diversity. 2024-02-01T08:00:00Z text application/pdf https://ink.library.smu.edu.sg/lkcsb_research/7466 info:doi/10.1111/joms.13040 https://ink.library.smu.edu.sg/context/lkcsb_research/article/8465/viewcontent/Board_diversity_and_Innovation_JMS_Dec_2023_sv.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection Lee Kong Chian School Of Business eng Institutional Knowledge at Singapore Management University board diversity firm innovation social structure Organizational Behavior and Theory Strategic Management Policy Technology and Innovation
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic board diversity
firm innovation
social structure
Organizational Behavior and Theory
Strategic Management Policy
Technology and Innovation
spellingShingle board diversity
firm innovation
social structure
Organizational Behavior and Theory
Strategic Management Policy
Technology and Innovation
CHEN, Guoli
HSU, Po-Hsuan
LEE, Yen Teik
MACK, Daniel Z.
How deep-level and surface-level board diversity, formal and informal social structures affect innovation
description Despite a growing interest in understanding how board diversity shapes firms’ innovation, findings about the impact of board diversity have remained mixed. In this paper, we conceptualize board diversity as two forms – deep-level and surface-level – and find that these two forms of board diversity have opposing effects on a firm's innovation. We also theorize how formal and informal social structures can strengthen the positive effect of deep-level diversity yet simultaneously weaken the negative impact of surface-level diversity. We test our hypotheses with a panel of 42,432 firm-year observations from 2000 to 2019. Our paper contributes to the literature on boards and innovation by highlighting and differentiating the mechanisms through which board diversity affects innovation, as well as showing how formal and informal structures can moderate the effects of board diversity.
format text
author CHEN, Guoli
HSU, Po-Hsuan
LEE, Yen Teik
MACK, Daniel Z.
author_facet CHEN, Guoli
HSU, Po-Hsuan
LEE, Yen Teik
MACK, Daniel Z.
author_sort CHEN, Guoli
title How deep-level and surface-level board diversity, formal and informal social structures affect innovation
title_short How deep-level and surface-level board diversity, formal and informal social structures affect innovation
title_full How deep-level and surface-level board diversity, formal and informal social structures affect innovation
title_fullStr How deep-level and surface-level board diversity, formal and informal social structures affect innovation
title_full_unstemmed How deep-level and surface-level board diversity, formal and informal social structures affect innovation
title_sort how deep-level and surface-level board diversity, formal and informal social structures affect innovation
publisher Institutional Knowledge at Singapore Management University
publishDate 2024
url https://ink.library.smu.edu.sg/lkcsb_research/7466
https://ink.library.smu.edu.sg/context/lkcsb_research/article/8465/viewcontent/Board_diversity_and_Innovation_JMS_Dec_2023_sv.pdf
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