Harvard Business School | November 30, 2017
"How does a firm’s gender diversity affect its performance? Using a unique longitudinal sample of 1,069 leading public firms in 35 countries and 24 industries, I find that the effect of gender diversity on performance varies significantly across countries and industries due to differences in institutional contexts. The more gender diversity has been normatively accepted in a country or industry, the more it benefits a firm’s market valuation and revenue."