Abstract
The proposed study investigates the differential impact of Chief Diversity Officers (CDO) on pro-diversity initiatives in their companies before and after the death of George Floyd in 2020. While current literature primarily examines industry characteristics as environmental determinants of managerial discretion, our proposal expands the focus to elucidate the impact of nonmarket, broader social contexts. Framing the post-death period as an empowering context for CDOs, we explore their pivotal role in leading diversity-related strategies amid intensified societal expectations for racial justice and diversity. Leveraging Finkelstein’s (1992) executive power framework, the proposal also considers structural, expert, prestige, and context-specific power, highlighting their resonance with the evolving nonmarket environment. Preliminary results are presented.
| Original language | English |
|---|---|
| Publication status | Published - 21 Jun 2024 |
| Event | 2024 SMS Special Conference In Washington D.C.: Strategies for Sustainable Human Development - Johns Hopkins Carey Business School, Washington D.C., United States Duration: 19 Jun 2024 → 21 Jun 2024 https://www.strategicmanagement.net/conferences-events/special-conference-dc/ (Conference website) https://event.smswashingtondc.exordo.com/discover (Conference program) |
Conference
| Conference | 2024 SMS Special Conference In Washington D.C. |
|---|---|
| Country/Territory | United States |
| City | Washington D.C. |
| Period | 19/06/24 → 21/06/24 |
| Other | This conference is designed to explore the intersection of firm strategy, ESG, and human capital from both an academic as well as practice perspective. The timing of this conference marks the five-year anniversary of the Business Roundtable, an association of top CEOs, in Washington, D.C. that formed a commitment to track ESG efforts in business. As we reflect on this movement to redefine success from financial shareholder primacy to a broader stakeholder perspective, we consider the progress with this call to address ESG in concert with the United Nation’s Sustainable Development Goals. As firms work to address sustainability broadly, the human dimension proves to be fraught with challenges due to societal trends, political agendas, workforce challenges, labor constraints, and global operations. Firms must manage a myriad of internal and external stakeholders, including consumers, suppliers, and broader communities. The human capital of a firm – whether embedded in the firm itself or part of a larger, globally dispersed supply chain – provides a critical intersection with the social actions of the firm. Beyond their immediate competitive concerns, firms are increasingly taking public positions on social issues, engaging and collaborating with NGOs, and leveraging their resources for social or humanitarian causes. Hence the focus on this conference and the theme: “Strategies for Sustainable Human Development,” as we consider internal human capital, external stakeholders, and society at large. |
| Internet address |
|
