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    Racial Diversity and Firm Performance: The Mediating Role of Competitive Intensity

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    JOM-10-0783-final_version1.doc (392Kb)
    Date
    2014-03-01
    Author
    Andrevski, Goce
    Richard, Orlando C.
    Shaw, Jason D.
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    Abstract
    The authors examine the mediating role of competitive intensity in the relationship between managerial racial diversity and firm performance (i.e., market share gain and average stock return). Racial diversity relates to firm performance via firms’ capacity to compete intensively (i.e., to introduce new competitive actions frequently). An analysis reveals that environmental munificence moderates competitive intensity’s mediating effect: Racially diverse management groups compete more intensively and perform better when they compete in munificent environments. The authors also find support for a moderated mediation model that simultaneously tests all components of their framework.
    URI for this record
    http://hdl.handle.net/1974/28589
    External DOI
    https://doi.org/10.1177/0149206311424318
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    • Smith School of Business Faculty Publications
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