IDEAS home Printed from https://ideas.repec.org/a/blg/reveco/v68y2016i3p127-141.html
   My bibliography  Save this article

"Diversity Management" Towards "Diversity Engagement": The New Key Drivers For The Corporate Performances

Author

Listed:
  • POLLIFRONI Massimo

    (University of Turin, Turin, Italy)

  • MILITARU Gheorghe

    (University Politehnica of Bucharest, Bucharest, Romania)

  • IOANA Adrian

    (University Politehnica of Bucharest, Bucharest, Romania)

Abstract

Among the different social variables listed by CRS model there is the protection of the "Diversity": the objective of the present analysis is represented by the attempt to give new meaning to this variable, where an innovative management of the "Diversity" should be able to become a new strategic tool for a company globalized and oriented to Business Ethics. By this new point of view, it is possible to observe the "Diversity" as "Richness", following a revised perspective to change from being a determinant of "Diversity Management" (traditional approach) to become a strategic key driver oriented to the "Diversity Engagement" (innovative approach).

Suggested Citation

  • POLLIFRONI Massimo & MILITARU Gheorghe & IOANA Adrian, 2016. ""Diversity Management" Towards "Diversity Engagement": The New Key Drivers For The Corporate Performances," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 68(3), pages 127-141, December.
    • Handle: RePEc:blg:reveco:v:68:y:2016:i:3:p:127-141
    as

    Download full text from publisher

    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/68310pollifroni&militaru&ioana.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. World Commission on Environment and Development,, 1987. "Our Common Future," OUP Catalogue, Oxford University Press, number 9780192820808.
    2. Richard A. Bettis & Vijay Mahajan, 1985. "Risk/Return Performance of Diversified Firms," Management Science, INFORMS, vol. 31(7), pages 785-799, July.
    3. Georges Dionne, 2013. "Risk Management: History, Definition, and Critique," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 16(2), pages 147-166, September.
    4. H. Kurt Christensen & Cynthia A. Montgomery, 1981. "Corporate economic performance: Diversification strategy versus market structure," Strategic Management Journal, Wiley Blackwell, vol. 2(4), pages 327-343, October.
    5. Brahim Herbane, 2010. "The evolution of business continuity management: A historical review of practices and drivers," Business History, Taylor & Francis Journals, vol. 52(6), pages 978-1002.
    6. W. Chan Kim & Peter Hwang & William P. Burgers, 1989. "Global diversification strategy and corporate profit performance," Strategic Management Journal, Wiley Blackwell, vol. 10(1), pages 45-57, January.
    7. Anheier, Helmut K., 2000. "Managing non-profit organisations: towards a new approach," LSE Research Online Documents on Economics 29022, London School of Economics and Political Science, LSE Library.
    8. Graham Hubbard, 2009. "Measuring organizational performance: beyond the triple bottom line," Business Strategy and the Environment, Wiley Blackwell, vol. 18(3), pages 177-191, March.
    9. Krishna Palepu, 1985. "Diversification strategy, profit performance and the entropy measure," Strategic Management Journal, Wiley Blackwell, vol. 6(3), pages 239-255, July.
    10. Luigi Dumitrescu & Simona Vinerean, 2010. "The Glocal Strategy Of Global Brands," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 5(3), pages 147-155, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Riahi-Belkaoui, Ahmed, 1996. "Internationalization, diversification strategy and ownership structure: Implications for French MNE performance," International Business Review, Elsevier, vol. 5(4), pages 367-376, August.
    2. Palich, Leslie E. & Carini, Gary R. & Seaman, Samuel L., 2000. "The Impact of Internationalization on the Diversification-Performance Relationship: A Replication and Extension of Prior Research," Journal of Business Research, Elsevier, vol. 48(1), pages 43-54, April.
    3. Ding, John Y. & Caswell, Julie A., 1991. "A FRAMEWORK FOR ANALYSIS OF ALTERNATIVE RESTRUCTURING STRATEGIES EMPWYED BY LARGE FOOD MANUFACTURERS IN THE 1980s," Working Papers 116101, Regional Research Project NE-165 Private Strategies, Public Policies, and Food System Performance.
    4. Dass, Parshotam, 2000. "Relationship of Firm Size, Initial Diversification, and Internationalization with Strategic Change," Journal of Business Research, Elsevier, vol. 48(2), pages 135-146, May.
    5. Piaskowska, D., 2005. "Essays on firm growth and value creation," Other publications TiSEM 89053610-79c6-4c52-9d1c-6, Tilburg University, School of Economics and Management.
    6. Chang, Shao-Chi & Wang, Chi-Feng, 2007. "The effect of product diversification strategies on the relationship between international diversification and firm performance," Journal of World Business, Elsevier, vol. 42(1), pages 61-79, March.
    7. Lin Tongli & Er Ping & Winston Chiu, 2005. "International Diversification and Performance: Evidence from Singapore," Asia Pacific Journal of Management, Springer, vol. 22(1), pages 65-88, January.
    8. Chen, Chiung-Jung & Yu, Chwo-Ming Joseph, 2012. "Managerial ownership, diversification, and firm performance: Evidence from an emerging market," International Business Review, Elsevier, vol. 21(3), pages 518-534.
    9. Andreas Bausch & Frithjof Pils, 2009. "Product diversification strategy and financial performance: meta-analytic evidence on causality and construct multidimensionality," Review of Managerial Science, Springer, vol. 3(3), pages 157-190, November.
    10. Bowen, H.P. & Wiersema, M., 2007. "International and product diversification: their interrelationship and impact on firm performance," Vlerick Leuven Gent Management School Working Paper Series 2007-6, Vlerick Leuven Gent Management School.
    11. Ihsan Yigit & Nihal Kartaltepe Behram, 2013. "The Relationship Between Diversification Strategy and Organizational Performance in Developed and Emerging Economy Contexts: Evidence from Turkey and Netherlands," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 3(2), pages 121-136, December.
    12. Guerras-Martín, Luis Ángel & Ronda-Pupo, Guillermo Armando & Zúñiga-Vicente, José Ángel & Benito-Osorio, Diana, 2020. "Half a century of research on corporate diversification: A new comprehensive framework," Journal of Business Research, Elsevier, vol. 114(C), pages 124-141.
    13. Hutzschenreuter, Thomas & Horstkotte, Julian, 2013. "Performance effects of international expansion processes: The moderating role of top management team experiences," International Business Review, Elsevier, vol. 22(1), pages 259-277.
    14. Jonathan R. Clark & Robert S. Huckman, 2012. "Broadening Focus: Spillovers, Complementarities, and Specialization in the Hospital Industry," Management Science, INFORMS, vol. 58(4), pages 708-722, April.
    15. Takehiko Isobe & Shige Makino & Anthony Goerzen, 2006. "Japanese horizontal keiretsu and the performance implications of membership," Asia Pacific Journal of Management, Springer, vol. 23(4), pages 453-466, December.
    16. Daniel Kiel & Julian M. Müller & Christian Arnold & Kai-Ingo Voigt, 2017. "Sustainable Industrial Value Creation: Benefits And Challenges Of Industry 4.0," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 21(08), pages 1-34, December.
    17. Sara Parker‐Lue & Marvin Lieberman, 2020. "The impact of diversification on task performance: Evidence from kidney transplant centers," Strategic Management Journal, Wiley Blackwell, vol. 41(7), pages 1169-1190, July.
    18. Yoo, Kyungjin & Lee, Youah & Heo, Eunnyeong, 2013. "Economic effects by merger and acquisition types in the renewable energy sector: An event study approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 26(C), pages 694-701.
    19. Narander Kumar Nigam & C. P. Gupta, 2023. "Negative Related Diversification, Positive Related Diversification and Firm’s Performance: Measurement and Application," Global Business Review, International Management Institute, vol. 24(1), pages 48-67, February.
    20. Alfredo Jiménez & Diana Benito-Osorio & Carmen Palmero-Cámara, 2015. "Learning from Risky Environments: Global Diversification Strategies of Spanish MNEs," Management International Review, Springer, vol. 55(4), pages 485-509, August.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:blg:reveco:v:68:y:2016:i:3:p:127-141. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Eduard Alexandru Stoica (email available below). General contact details of provider: https://edirc.repec.org/data/feulbro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.