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Diversifying Tech Industry Boards: How Women and Racial Minorities on Corporate Boards can affect Firm Value

by Reddy, Nitika

Abstract

This paper examines the relationship of gender and racial diversity on corporate boards and firm value for high tech companies. Firm value is measured in an approximation of Tobin’s Q and diversity is measured by the percentage or presence of women or minorities on a board. The study looks at the high tech firms that are listed on the Fortune 1000 for 2016. Pervious studies on this topic have had relatively positive results, but have no one has specifically looked at the high tech industry. The high tech sector is a nontraditional sector due to its recent rapid growth and large impact on the United State’s GDP. The results showed that gender diversity did not have any affect on firm value, while racial diversity had a negative affect.

Note

The author has given permission for this work to be deposited in the Digital Archive of Colorado College.

Colorado College Honor Code upheld.

Includes bibliographical references.

Administrative Notes

The author has given permission for this work to be deposited in the Digital Archive of Colorado College.

Colorado College Honor Code upheld.

Copyright
Copyright restrictions apply.
Publisher
Colorado College Tutt Library
PID
coccc:27470
Digital Origin
born digital
Extent
33 pages : illustrations
Thesis
Senior Thesis -- Colorado College
Thesis Advisor
Jim Parco
Department/Program
Economics and Business
Degree Name
Bachelor of Arts
Degree Type
bachelor
Degree Grantor
Colorado College Tutt Library
Date Issued
2017-05