Showing 1 - 10 of 109
Religions have little to say about shareholders but have much to say about creditors. We find that the origin of a country's legal system is more important than its religion and language in explaining shareholder rights. However, a country's principal religion helps predict the cross-sectional...
Persistent link: https://www.econbiz.de/10012470502
The globalization of firms is explored at theoretical and empirical levels. The idea is that a global firm is a multi-cultural team. The existence of a global firm is somewhat puzzling. Combining workers who have different cultures, legal systems, and languages imposes costs on the firm that...
Persistent link: https://www.econbiz.de/10012472231
Because efforts to explain international saving differentials using traditional economic variables have not been very successful (Bosworth, 1993), some economists have proposed that national saving differences reflect cultural differences. We attempt to test that hypothesis by using data from...
Persistent link: https://www.econbiz.de/10012472241
Common culture and common language facilitate trade between people. Minorities have incentives to become assimilated … majority of individuals from one culture, individuals from minority groups will be assimilated more quickly. Assimilation is … less likely when an immigrant's native culture and language is broadly represented in his new country. Also, when …
Persistent link: https://www.econbiz.de/10012473626
This paper reviews the literature on gender and culture. Gender gaps in various outcomes (competitiveness, labor force … article reviews the literature on the relevance of culture in the determination of different forms of gender gap. I examine …
Persistent link: https://www.econbiz.de/10012481273
When does culture persist and when does it change? We examine a determinant that has been put forth in the anthropology … beneficial in stable environments where the culture that has evolved up to the previous generation is more likely to be relevant …
Persistent link: https://www.econbiz.de/10012455065
historical economic development. A notion of culture as heuristics or rules-of-thumb that aid in decision making is described … costs and benefits of different traits. A number of empirical studies confirm that culture is an important mechanism that …
Persistent link: https://www.econbiz.de/10012460790
innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal … collectivism, in line with recent advances in biology and neuro-science. The effect of culture on long-run growth remains very …
Persistent link: https://www.econbiz.de/10012462288
This paper reviews the literature on culture and economics, focusing primarily on the epidemiological approach. The … effect of culture from the original economic and institutional environment. This approach has been used to study a variety of …
Persistent link: https://www.econbiz.de/10012462380
Can some acts of violence be explained by a society's "culture"? Scholars have found it hard to empirically disentangle … the effects of culture, legal institutions, and poverty in driving violence. We address this problem by exploiting a …
Persistent link: https://www.econbiz.de/10012464681