Invoking a resource-based framework, in this study I examined the relationships among cultural (racial) diversity, business strategy, and firm performance in the banking industry. … research has been more concerned with the management of an increasingly culturally diverse workforce.

Apr 1, 2000 – Although 'valuing diversity' has become a watchword, field research on the impact of a culturally diverse workforce on organizational performance has not been forthcoming. … The results demonstrate that cultural diversity does in fact add value and, within the proper context, contributes to firm competitive advantage.

Apr 1, 2006 – workforce racial diversity and firm performance in the banking industry show that diversity interacts with business strategy to impact organizational effectiveness (Richard, 2000; Richard et al., 2003). Beyond a focus on workforce racial diversity, recent empirical work has explored the performance effects of …

Racial diversity in the workplace – from recruiting to hiring to promoting people of color – continues to move at an unimpressive pace. And if LinkedIn's annual workplace diversity report is any indication, the needle is moving so slowly that it appears to be broken. Among the company's 6435 employees, 5 per cent are Latino …

Racial diversity, business strategy, and firm performance: A resource-based view. Academy of Management Journal, 43: 164-177. Google Scholar, Crossref. Richard, O., Barnett, T., Dwyer, S., Chadwick, K. 2004. Cultural diversity in management, firm performance, and the moderating role of entrepreneurial orientation.