Understanding Diversity Management Practices: Implications of Institutional Theory and Resource-Based Theory

Diversity management practices consist of the set of formalized practices developed and implemented by organizations to manage diversity effectively among all organizational stakeholders. We review the extant literature on antecedents and outcomes of diversity management practices. Applying institutional and resource-based theories, we develop a research model outlining several possible avenues for future research. We also identify ways that research on diversity management practices has the potential to advance the two theoretical perspectives.