A balancing act: Independent and interdependent effects of board of directors and top management team gender composition on innovation

IF 7.4 2区管理学 Q1 BUSINESS Long Range Planning Pub Date : 2024-06-05 DOI:10.1016/j.lrp.2024.102450

Marcelo J. Alvarado-Vargas , Melanie P. Lorenz , Michel Hermans

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Abstract

The demographic composition of a firm's Board of Directors (BoD) and Top Management Team (TMT) has important consequences for organizational processes and outcomes. However, researchers have focused on the independent effects of diversity in these strategic leadership groups (SLGs), foregoing how it affects their interactions. We adopt a strategic leadership system perspective to account for tasks that a firm's BoD and TMT perform independently, as well as shared tasks performed at their interface. Focusing on the innovation process as a context for strategic decision-making and implementation, we hypothesize inverted u-shaped associations for independent effects of BoD and TMT gender compositions on innovation inputs and TMT gender composition on outcomes. To account for interactions at their interface, we also propose moderating effects between BoD and TMT gender compositions on their relationships with innovation input and outcomes. We find support for our hypotheses within a panel of highly innovative U.S. firms between 2005 and 2018. These findings have important implications for strategic leadership and diversity researchers and may provide guidance on balancing the gender composition of SLGs at firms that pursue innovation.

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平衡之术：董事会和高层管理团队性别构成对创新的独立和相互影响

公司董事会（BoD）和高层管理团队（TMT）的人员构成对组织流程和结果有着重要影响。然而，研究人员一直专注于多元化对这些战略领导团队（SLGs）的独立影响，而忽略了多元化如何影响他们之间的互动。我们采用战略领导系统的视角，来解释公司董事会和技术管理团队独立执行的任务，以及在他们之间执行的共同任务。我们将重点放在作为战略决策和实施背景的创新过程上，假设董事会和技术管理团队的性别构成对创新投入产生独立影响，而技术管理团队的性别构成对创新结果产生独立影响。为了考虑两者之间的相互作用，我们还提出了 BoD 和 TMT 性别构成对其与创新投入和结果之间关系的调节作用。我们在 2005 年至 2018 年期间高度创新的美国公司面板中发现了对我们假设的支持。这些发现对战略领导力和多元化研究人员具有重要意义，并可为追求创新的公司平衡 SLG 的性别构成提供指导。

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来源期刊

Long Range Planning Multiple-

CiteScore

13.00

自引率

7.10%

发文量

期刊介绍： Long Range Planning (LRP) is an internationally renowned journal specializing in the field of strategic management. Since its establishment in 1968, the journal has consistently published original research, garnering a strong reputation among academics. LRP actively encourages the submission of articles that involve empirical research and theoretical perspectives, including studies that provide critical assessments and analysis of the current state of knowledge in crucial strategic areas. The primary user base of LRP primarily comprises individuals from academic backgrounds, with the journal playing a dual role within this community. Firstly, it serves as a platform for the dissemination of research findings among academic researchers. Secondly, it serves as a channel for the transmission of ideas that can be effectively utilized in educational settings. The articles published in LRP cater to a diverse audience, including practicing managers and students in professional programs. While some articles may focus on practical applications, others may primarily target academic researchers. LRP adopts an inclusive approach to empirical research, accepting studies that draw on various methodologies such as primary survey data, archival data, case studies, and recognized approaches to data collection.