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Abstract

This study explores diversity reporting by New Zealand Stock Exchange (NZX) listed companies, arguing that diversity goes beyond gender and includes differences in age, ethnicity, sexuality, religious beliefs and physical disability. We argue that gender diversity and deep diversity elements (race, age, sexual orientation, disabilities, ethnicity) have a synergistic relationship and that gender diversity objectives cannot be achieved without attaining diversity objectives in these other elements and vice versa. Designing a 30-item diversity disclosures index, this study undertakes a content analysis of the diversity-related disclosures made by 152 NZX listed companies. Analysing diversity-related disclosures in annual and sustainability reports, we find that the NZX listed companies predominantly relate diversity only to board gender diversity. Deep diversity elements at all organisational levels, however, do not receive much attention, with a few exceptions. Our results highlight that female representation on organisational boards has a positive impact on overall organisational gender and other diversity aspects and vice versa. The results of an emphasis on the totality of diversity have important implications for boards of directors, corporate managers and regulators interested in improving the corporate governance and diversity practices in New Zealand organisations.

Item Type:	Article
Authors/Creators:	Ghauri, E and Mansi, M and Pandey, R
Keywords:	diversity in totality, gender mainstreaming, inclusion, New Zealand, NZX companies
Journal or Publication Title:	International Journal of Human Resource Management
Publisher:	Routledge Taylor & Francis Ltd
ISSN:	0958-5192
DOI / ID Number:	10.1080/09585192.2018.1539862
Copyright Information:	Copyright 2019 Informa UK Limited, trading as Taylor & Francis Group
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