We examine the relationship between firm performance and diversity among corporate directors, proxied by diversity along religion and caste, a deep-rooted institution that divides India's Hindu society into hundreds of communities. To identify directors' caste, we build the first data-driven...

While the 2011 Occupy Wall Street movement had the larger agenda of protesting against the influence of corporations in policy making and governance, one of its focal points was the growing disparity in the distribution of wealth and income across the world. The spectacular collapse of giants in...

This article examines how heterogeneous features among business groups influence the corporate diversification–firm performance relationship. The study classifies heterogeneity along three dimensions: group size, group diversity, and share ownership. Using a sample of firms from India, the...