Gender Diversity and Environmental Innovation: The Role of Stakeholder Strategy and Analyst Feedback

Mehdi Samimi, Punit Arora, Tanusree Jain

Research output: Chapter in Book/Report/Conference proceedingConference abstract in proceedingsResearchpeer-review


This paper examines the effect of strategic leadership team’s gender diversity on environmental innovations. Drawing upon theories from strategic leadership and gender diversity literatures, we argue that TMT and board gender diversity collectively and separately promotes environmental innovations. We also examine the pathways through which gender diversity of strategic leaders influence environmental innovations. Using an unbalanced panel data of 8,403 observations for 1,290 U.S. firms for the period 2011-2021, with dynamic panel generalized method of moment regressions, we find that gender diversity in strategic leadership teams leads to higher environmental innovations. This relationship is mediated via improved CSR strategy response and moderated via external feedback from stock market analyst recommendations. In contrast to our hypothesis, the joined interactive effect of BoD and TMT diversity was found to have a small but significant negative effect on environmental innovations, suggesting a rather complex process through which the impact of diversity across levels of strategic leadership unfolds. We discuss the results and provide future research directions.
Original languageEnglish
Title of host publicationProceedings of the Eighty-third Annual Meeting of the Academy of Management
EditorsSonia Taneja
Number of pages1
Place of PublicationBriarcliff Manor, NY
PublisherAcademy of Management
Publication date2023
Publication statusPublished - 2023
EventThe Academy of Management Annual Meeting 2023: Putting the Worker Front and Center - Boston, United States
Duration: 4 Aug 20238 Aug 2023
Conference number: 83


ConferenceThe Academy of Management Annual Meeting 2023
Country/TerritoryUnited States
Internet address
SeriesAcademy of Management Annual Meeting Proceedings

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