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National culture diversity in new venture boards: the role of founders' relational demography
Nederländerna.
Linköping University.
Kristianstad University, Faculty of Business, Research environment Auditing, Organisation and Society (AOS). Kristianstad University, Faculty of Business, Avdelningen för ekonomi. Jönköping University.ORCID iD: 0000-0002-8938-2150
2019 (English)In: Strategic Entrepreneurship Journal, ISSN 1932-4391, E-ISSN 1932-443XArticle in journal (Refereed) Published
Abstract [en]

Abstract/Research Summary: This study explains the conditions underwhich new venture boards are less or more culturallydiverse in terms of their directors' country of birth. Longitudi-nal data on 5,515 Swedish ventures suggest that most direc-tors are recruited from founders' proximate social settings neighborhoods in which they reside and past workplaces and that diversity levels in these social settings strongly predict the national culture diversity in venture boards. Given the rapid internationalization of workplaces and region saround the world, this paper provides important clues regarding how culturally diverse upper echelons are being incorporated into the organizational design of new ventures.

Managerial Summary: Most New Venture Boards exhibitlimited diversity in terms of their directors' country of birth, as they are drawn from the venture founders' network. Yet,some new venture boards are indeed born diverse. Our study reveals that founders with prior exposure to culturally diverse workplaces and residential neighborhoods are much more likely to design a culturally diverse board at founding. Given the rapid internationalization of workplaces andregions in most countries around the world, our paper provides important clues regarding how national culture diversity in top management emerges and is being incorporatedinto the organizational design of new ventures.

Place, publisher, year, edition, pages
2019.
Keywords [en]
board of directors, national culture diversity, new ventures
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:hkr:diva-19783DOI: 10.1002/sej.1327ISI: 000480012700001OAI: oai:DiVA.org:hkr-19783DiVA, id: diva2:1343321
Available from: 2019-08-16 Created: 2019-08-16 Last updated: 2019-08-29Bibliographically approved

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf