Organizations have begun to focus heavily on diversity. As a result, organizations spend time and resources creating diversity policies and investing extensively in diversity training programs. While an abundance of research exists on demographic diversity, research has just begun to incorporate employees’ perceptions of diversity as an influential factor affecting organizationally relevant employee outcomes. Employees are a crucial reference in understanding whether organizations benefit from engaging in such actions. The purpose of this study is to examine the influence of diversity climate on employees’ organizational identification. Furthermore, I investigate how organizational identification mediates the relationship between diversity climate perceptions and outcomes including turnover intentions, job satisfaction, and organizational citizenship behavior. I refine our understanding by identifying personal characteristics that influence the diversity climate (PDC) – organizational identification (OID) relationship. This research offers several contributions to management literature and scholars as well as practitioners. First this study empirically examines the relationship between PDC and OID. This connection is important as it identifies the psychological mechanism linking PDC to subsequent outcomes as well as showing how positive climate perception can influence an employee’s sense of belonging. The second contribution is the in-depth identification of personal characteristics and their role in this relationship …

Social innovations are solutions related to humanistic needs and the betterment of mankind with the intent of creating social value and eventual societal level changes. Social innovation therefore broadens traditional views of innovation to include processes of societal transformations and human behaviors. These social innovations are becoming more commonplace across all sectors, including capital markets. Private equity and venture capital firms in the capital markets sector engage in social innovation by investing capital with the goal of delivering both economic and social value. Despite the critical importance of venture capital (VC) in the success of social innovations through socially responsible investing, there is a paucity of research in understanding the factors that affect the performance of these social VC firms. This research gap is addressed by asking the following primary research question: What is the role of strategic and structural factors in the performance of socially innovative venture capital firms? The firm level research is theoretically based on the well-established design school. This framework highlights the overarching importance of strategy and structure in the accomplishment of firm goals. In the context of the venture capital industry, it was hypothesized that certain unique strategic and structural factors (i.e., stage of investment, …