Do Top Executive’s Immigration Status and Management Perception of Multiculturalism Matter?

Tony Fang (), Morley Gunderson () and John Hartley ()
Additional contact information
Tony Fang: Memorial University of Newfoundland
Morley Gunderson: University of Toronto
John Hartley: Memorial University of Newfoundland

No 17810, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: Using data from a largely representative survey of 801 Atlantic Canadian employers, this paper conducts regression analyses to test associations between two diversity variables and five objective and subjective measures of firm performance: revenue change and employment change in the previous three years, projected revenue change and employment change over the next three years and projected provincial economic growth/decline over the next three years. We find that firms with an immigrant CEO and/or owner are more likely to forecast revenue growth, report recent employment growth, and forecast provincial economic growth. Employers who believe that a multicultural workforce enhances creativity are more likely to report recent employment growth and more likely to forecast provincial economic growth in the medium-term. This is consistent with most national studies, which tend to show immigrant-owned companies are more likely to create jobs and firm growth (Picot and Ostrovsky, 2021).

Keywords: organizational performance; multiculturalism; management diversity; immigrant-owned businesses; employer survey; Atlantic Canada (search for similar items in EconPapers)
Date: 2025-03
References: Add references at CitEc
Citations:

Downloads: (external link)
https://docs.iza.org/dp17810.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp17810

Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany

Access Statistics for this paper

More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().