The impact of work group diversity on performance: Large sample evidence from the mutual fund industry


Bär, Michaela ; Niessen-Ruenzi, Alexandra ; Ruenzi, Stefan



DOI: https://doi.org/10.2139/ssrn.1017803
URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id...
Additional URL: https://pdfs.semanticscholar.org/b92e/80a03b296862...
Document Type: Working paper
Year of publication: 2008
The title of a journal, publication series: SSRN Working Paper Series
Place of publication: Rochester, NY
Publication language: English
Institution: Business School > Banken u. Finanzierung (Juniorprofessur) (Niessen-Ruenzi -2012)
Business School > Business Administration and Corporate Governance (Stiftungsprofessur)
Subject: 330 Economics
Abstract: This paper investigates the impact of work group diversity on performance. Analyzing a uniquely large sample of management teams from the U.S. mutual fund industry we find that the influence of diversity on performance depends on the dimension of diversity that is analyzed. Informational diversity has a positive impact on performance, which is driven by tenure diversity as well as educational diversity. Social category diversity has a negative impact on performance, which is mainly driven by gender diversity while age diversity has no strong impact. Our results have important implications for the optimal composition of work groups and for investment strategies of fund investors.

Dieser Eintrag ist Teil der Universitätsbibliographie.




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Bär, Michaela ; Niessen-Ruenzi, Alexandra ORCID: 0000-0002-9493-8280 ; Ruenzi, Stefan ORCID: 0000-0002-6492-1701 (2008) The impact of work group diversity on performance: Large sample evidence from the mutual fund industry. SSRN Working Paper Series Rochester, NY [Working paper]


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