我要吃瓜

Citation

Brahma S, Gavriilidis K, Kallinterakis V, Verousis T & Zhang M (2023) LGBTQ and finance. International Review of Financial Analysis, 86, Art. No.: 102547. https://doi.org/10.1016/j.irfa.2023.102547

Abstract
Recent changes in workplace and corporate board diversity policies and a series of court rulings have signalled a fundamental change in the treatment of lesbian, gay, bisexual, transgender and queer (henceforth LGBTQ) people in the corporate world. In this paper, we survey the burgeoning literature on the role of sexual orientation in finance. Studies show that there is a positive relationship between the adoption of LGBTQ-friendly policies and firm performance. We identify the factors that influence a firm's decision to adopt LGBTQ-friendly policies. We also provide evidence that sexual preferences play an important role in leadership styles in the household. Overall, our review suggests that LGBTQ research allows novel insights regarding how LGBTQ policies create value for the firm, insights that help us identify several directions for future research.

Keywords
LGBTQ policies; Finance; Firm performance; Corporate governance; Workplace diversity

Journal
International Review of Financial Analysis: Volume 86

• LGBT And Finance