How does culture influence corporate risk-taking?

How does culture influence corporate risk-taking?

We investigate the role of national culture in corporate risk-taking. We postulate that culture influencescorporate risk-taking both through its effect on managerial decision-making and through its effect on acountry’s formal institutions. Further, we postulate that the influence of culture is condi...

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Bibliographic Details
Main Authors: LI, Kai, GRIFFIN, Dale, YUE, Heng, ZHAO, Longkai
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2013
Subjects:
earnings discretion
formal institutions
harmony
individualism
national culture
corporate
risk-taking
uncertainty avoidance
Corporate Finance
Critical and Cultural Studies
Online Access:https://ink.library.smu.edu.sg/soa_research/1709
https://ink.library.smu.edu.sg/context/soa_research/article/2736/viewcontent/File010.pdf
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Institution: Singapore Management University
Language: English

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https://ink.library.smu.edu.sg/soa_research/1709
https://ink.library.smu.edu.sg/context/soa_research/article/2736/viewcontent/File010.pdf

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