DOIONLINE 
DOIONLINE Publish In |
International Journal of Management and Applied Science (IJMAS)-IJMAS |
 Journal Home Volume Issue |
||||||||
Issue |
Volume-8,Issue-7 ( Jul, 2022 ) | |||||||||
Paper Title |
Do Diversity and Inclusion Words in 10-Ks Reflect Corporate Value? | |||||||||
Author Name |
Benjamin P Foster, Andrew Manikas | |||||||||
Affilition |
||||||||||
Pages |
21-23 | |||||||||
Abstract |
Abstract - Some previous studies have found that diversity efforts have a positive impact on corporate value. This study examines whether the diversity words mentioned in Management’s Discussion and Analysis, Item 7 of 10-Ks filed with the Securities and Exchange Commission of the U.S. can indicate greater corporate value. One prior study found that diversity words count from Item 7 are significantly correlated with diversity measures/ratings constructed by outside entities. Somewhat surprisingly, we find the diversity word count is negative and significant when included in a regression model of corporate value, as measured by Tobin’s q. Keywords - 10-K filings, corporate value, diversity and inclusion words, Tobin’s q. | |||||||||
| View Paper | ||||||||||
