caa a22 4500 605483248 CHVBK 20210128100430.0 cr unu---uuuuu 210128e20150601xx s 000 0 eng 10.1007/s10551-013-1984-8 doi (NATIONALLICENCE)springer-10.1007/s10551-013-1984-8 Workforce Diversity and Religiosity [Elektronische Daten] [Jinhua Cui, Hoje Jo, Haejung Na, Manuel Velasquez] Workforce diversity has received increasing amounts of attention from academics and practitioners alike. In this article, we examine the empirical association between a firm's workforce diversity (hereafter, diversity) and the degree of religiosity of the firm's management by investigating their unidirectional and endogenous effects. Employing a large and extensive U.S. sample of firms from the years 1991-2010, we find a positive association between a measure of the firm's commitment to diversity and the religiosity of the firm's management after controlling for various firm characteristics. In addition, after controlling for endogeneity with the dynamic panel generalized method of moment, we still find a positive association between the firm's diversity and management's religiosity. We interpret these results as supportive of the religious motivation explanation that views the firm as a human community and considers religion as a factor that influences managers to more positively embrace diversity. Our results, however, provide no support for the resource-constraint hypothesis that views the firm as a nexus of contracts and sees managers as aiming to maximize shareholder returns under resource constraints that force them to invest only in projects that have a positive net present value (NPV) and reject diversity initiatives since these do not have a positive NPV. Springer Science+Business Media Dordrecht, 2013 Workforce diversity nationallicence Religiosity nationallicence Religious motivation hypothesis nationallicence Resource-constraint explanation nationallicence Cui Jinhua School of Business, Korea University, Seoul, Korea aut Jo Hoje Leavey School of Business, Santa Clara University, 500 El Camino Real, 95053-0388, Santa Clara, CA, USA aut Na Haejung School of Business, Korea University, Seoul, Korea aut Velasquez Manuel Leavey School of Business, Santa Clara University, 500 El Camino Real, 95053-0388, Santa Clara, CA, USA aut Journal of Business Ethics Springer Netherlands 128/4(2015-06-01), 743-767 0167-4544 128:4<743 2015 128 10551 https://doi.org/10.1007/s10551-013-1984-8 text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s10551-013-1984-8 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Cui Jinhua School of Business, Korea University, Seoul, Korea aut NATIONALLICENCE 700 1- Jo Hoje Leavey School of Business, Santa Clara University, 500 El Camino Real, 95053-0388, Santa Clara, CA, USA aut NATIONALLICENCE 700 1- Na Haejung School of Business, Korea University, Seoul, Korea aut NATIONALLICENCE 700 1- Velasquez Manuel Leavey School of Business, Santa Clara University, 500 El Camino Real, 95053-0388, Santa Clara, CA, USA aut NATIONALLICENCE 773 0- Journal of Business Ethics Springer Netherlands 128/4(2015-06-01), 743-767 0167-4544 128:4<743 2015 128 10551