Showing 1 - 10 of 189
While both cultural and legal norms (institutions) help foster cooperation, culture is the more primitive of the two … makes it difficult to identify the role played by culture. Cultural changes and their effects are easier to identify in … simpler, more controlled, environments, such as corporations. Corporate culture, thus, is not only interesting per se, but …
Persistent link: https://www.econbiz.de/10013027280
Politicians and regulators rely on feedback from the public when setting policies. For-profit corporations and non-pro t entities are active in this process and are arguably expected to provide independent viewpoints. Policymakers (and the public at large), however, may be unaware of the...
Persistent link: https://www.econbiz.de/10012906796
We examine how executives' behavior outside the workplace, as measured by their ownership of luxury goods (low "frugality") and prior legal infractions, is related to financial reporting risk. We predict and find that CEOs and CFOs with a legal record are more likely to perpetrate fraud. In...
Persistent link: https://www.econbiz.de/10013107519
Foreign-owned firms from advanced countries carry the culture of transparency in business transactions that is … orthogonal to the culture of hiding and insider dealing in many developing economies and economies in transition. In this paper …
Persistent link: https://www.econbiz.de/10013112846
Does corporate culture matter? Can differences in corporate culture explain why similar firms diverge with one … American firms. Over half of senior executives believe that corporate culture is a top-three driver of firm value and 92 …% believe that improving their culture would increase their firm's value. Surprisingly, only 16% believe their culture is where …
Persistent link: https://www.econbiz.de/10012960673
government must pass legislation to secure changes in the workplace. We show how corporate culture is determined, why a variety …
Persistent link: https://www.econbiz.de/10012893989
What external control mechanisms are most effective in detecting corporate fraud? To address this question we study in depth all reported cases of corporate fraud in companies with more than 750 million dollars in assets between 1996 and 2004. We find that fraud detection does not rely on one...
Persistent link: https://www.econbiz.de/10012760394
culture: shared capitalism is positively linked to workplace decision-making, training, job security, teamwork, the ability to …
Persistent link: https://www.econbiz.de/10012770670
and services that compose production. In firms, the shared values, customs, and norms coming from a corporate culture … exist because corporate culture at times is more efficient at carrying out production than detailed contracts. The firm …’s boundary encircles the parts of production for which a manager optimally chooses corporate culture as the organizing device …
Persistent link: https://www.econbiz.de/10013295733
how lack of information about one's own type, but willingness to experiment to learn one's type, may lead to short … catalyze adoption of investments and practices aimed towards enterprise growth. We find that entrepreneurs invest the cash, and …
Persistent link: https://www.econbiz.de/10013065641