The DOI matches its Crossref record; 19 of the 19 references it cites were found in a registry or an index.
Board of Director Diversity and Firm Financial Performance
Open accessAbstract
This study examines the relationship between demographic diversity on boards of directors with firm financial performance. This relationship is examined using 1993 and 1998 financial performance data (return on asset and investment) and the percentage of women and minorities on boards of directors for 127 large US companies. Correlation and regression analyses indicate board diversity is positively associated with these financial indicators of firm performance. Implications for both strategic human resource management and future research are discussed.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Applied Multiple Regression/Correlation Analysis for the Behavioral Sciences
Cohen, P., Cohen, P., West, S. G., & Aiken, L. S. (2014) · Psychology Press eBooks · doi:10.4324/9781410606266 · Cited by 20,737
A Survey of Corporate Governance
Shleifer, A., & Vishny, R. W. (1997) · The Journal of Finance · doi:10.1111/j.1540-6261.1997.tb04820.x · Cited by 16,243
Milliken, F. J., & Martins, L. L. (1996) · The Academy of Management Review · doi:10.5465/amr.1996.9605060217 · Cited by 3,413
Boards of Directors and Corporate Financial Performance: A Review and Integrative Model
Zahra, S. A., & Pearce, J. A. (1989) · Journal of Management · doi:10.1177/014920638901500208 · Cited by 2,671
The Influence of Top Management Team Heterogeneity on Firms' Competitive Moves
Hambrick, D. C., Cho, T. S., & Chen, M.-J. (1996) · Administrative Science Quarterly · doi:10.2307/2393871 · Cited by 2,135
Watson, W. E., Kumar, K., & Michaelsen, L. K. (1993) · Academy of Management Journal · doi:10.5465/256593 · Cited by 1,902
Demographic Diversity, Conflict, and Work Group Outcomes: An Intervening Process Theory
Pelled, L. H. (1996) · Organization Science · doi:10.1287/orsc.7.6.615 · Cited by 1,489
RACIAL DIVERSITY, BUSINESS STRATEGY, AND FIRM PERFORMANCE: A RESOURCE-BASED VIEW.
Richard, O. C. (2000) · Academy of Management Journal · doi:10.2307/1556374 · Cited by 1,302
Top management team diversity, group process, and strategic consensus
Knight, D., Pearce, C. L., Smith, K. G., Olian, J. D., Sims, H. P., Smith, K. A., & Flood, P. (1999) · Strategic Management Journal · doi:10.1002/(sici)1097-0266(199905)20:5<445::aid-smj27>3.0.co;2-v · Cited by 921
Top Management-Team Diversity and Firm Performance: Examining the Role of Cognitions
Kilduff, M., Angelmar, R., & Mehra, A. (2000) · Organization Science · doi:10.1287/orsc.11.1.21.12569 · Cited by 657
Cited by
Organizational Predictors of Women on Corporate Boards
Hillman, A. J., Shropshire, C., & Cannella, A. A. (2007) · Academy of Management Journal · doi:10.5465/amj.2007.26279222 · Cited by 1,312
Women in the Boardroom and Their Impact on Governance and Performance
Adams, R. B., & Ferreira, D. (2008) · SSRN Electronic Journal · doi:10.2139/ssrn.1107721 · Cited by 1,202
The Contribution of Women on Boards of Directors: Going beyond the Surface
Nielsen, S., & Huse, M. (2010) · Corporate Governance: An International Review · doi:10.1111/j.1467-8683.2010.00784.x · Cited by 1,162
Women on board: Does boardroom gender diversity affect firm risk?
Sila, V., Gonzalez, A., & Hagendorff, J. (2016) · Journal of Corporate Finance · doi:10.1016/j.jcorpfin.2015.10.003 · Cited by 804
Gender Diversity and Securities Fraud
Cumming, D., Leung, T. Y., & Rui, O. (2015) · Academy of Management Journal · doi:10.5465/amj.2013.0750 · Cited by 770
Metadata
- Authors
- Erhardt, N. L., Werbel, J. D., & Shrader, C. B.
- Venue
- Corporate Governance: An International Review
- Publisher
- Wiley
- Published
- 2003-03-19
- Volume
- 11
- Issue
- 2
- Pages
- 102-111
- ISSN
- 0964-8410 (ISSN-L)
- 1467-8683
- OpenAlex
- W2019384042
- Cited by
- 1,898
- References
- 19
- FWCI
- 17.07
- Type
- journal article
- Language
- en
- Open access
- green
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Board of Director Diversity and Firm Financial Performance. https://app.cochat.ai/papers/10.1111/1467-8683.00011
- The paper
- Erhardt, N. L., Werbel, J. D., & Shrader, C. B. (2003). Board of Director Diversity and Firm Financial Performance. Corporate Governance: An International Review. https://doi.org/10.1111/1467-8683.00011
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.