Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/316765 
Year of Publication: 
2025
Series/Report no.: 
IZA Discussion Papers No. 17810
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Using data from a largely representative survey of 801 Atlantic Canadian employers, this paper conducts regression analyses to test associations between two diversity variables and five objective and subjective measures of firm performance: revenue change and employment change in the previous three years, projected revenue change and employment change over the next three years and projected provincial economic growth/decline over the next three years. We find that firms with an immigrant CEO and/or owner are more likely to forecast revenue growth, report recent employment growth, and forecast provincial economic growth. Employers who believe that a multicultural workforce enhances creativity are more likely to report recent employment growth and more likely to forecast provincial economic growth in the medium-term. This is consistent with most national studies, which tend to show immigrant-owned companies are more likely to create jobs and firm growth (Picot and Ostrovsky, 2021).
Subjects: 
employer survey
immigrant-owned businesses
management diversity
multiculturalism
organizational performance
Atlantic Canada
Document Type: 
Working Paper

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