Professor Paul Gompers, Harvard Business School

With an overall lack of gender diversity in the innovation sector documented in Calder-Wang and Gompers (2018), the research asks two natural next questions: Can subtle treatment effects promote greater gender diversity in hiring and does diversity lead to better firm performance? This paper attempts to answer these questions using a unique dataset of the gender of venture capital partners’ children.

First, findings show strong evidence when existing partners have more daughters, the propensity to hire female partners by venture capital firms increases. Second, our reduced-form and instrumental variable results suggest that improved gender diversity, induced by having more daughters, improves deal and fund performances.

These effects are primarily driven by the effects of the gender of senior partners’ children. The gender of junior partners’ children has little effect on hiring or performance. Taken together, our findings have implications for understanding the performance effects of diversity.

Speaker bio

Paul Gompers, Professor of Business Administration at Harvard Business School, specialises in research on financial issues related to startup, high growth, and newly public companies. Professor Gompers has an appointment in both the finance and entrepreneurial management areas. He received his AB summa cum laude in biology from Harvard College in 1987.

After spending a year working as a research biochemist for Bayer Chemical AG, he attended the University of Oxford on a Marshall Fellowship where he received an MSc in economics. He completed his PhD in Business Economics at Harvard University in 1993. Professor Gompers spent two years as an Assistant Professor of Finance at the Graduate School of Business, the University of Chicago where he created a new course entitled ‘Entrepreneurial Finance and Management’. His course development efforts at Harvard Business School focuses on issues affecting entrepreneurial firms and their investors.

Address

Trumpington St
Cambridge
CambridgeshireCB2 1AG
United Kingdom

Date & time

Date: 8 May 2019
Start Time: 13:30
End Time: 15:30

Audience

Open to: Members of the University of Cambridge

Category:

 

« Back to all events

Event location


Trumpington St
Cambridge
CambridgeshireCB2 1AG
United Kingdom

Event timings

Date: 8 May 2019
Start Time: 13:30
End Time: 15:30