TY - RPRT AU - Nathan, Max TI - Top Team Diversity and Business Performance: Latent Class Analysis for Firms and Cities PY - 2014/Sep/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 8462 UR - https://www.iza.org/index.php/publications/dp8462 AB - A growing number of studies find linkages between workforce diversity and business performance, but key aspects of this relationship remain unclear. First, within the firm, the role of 'top team' demography on firm outcomes is surprisingly little understood. Second, urban location may amplify firm-level processes, but almost no studies test these firm-area interactions. I deploy English cross-sectional data to explore these issues, using latent class analysis to tackle firm-level heterogeneity. I find evidence of positive links in some firm classes, both linear and non-linear, and suggestive evidence that ethnic top team diversity is amplified in the London city-region. KW - firm-level analysis KW - business performance KW - diversity KW - ethnicity KW - gender KW - cities ER -