Showing 1 - 10 of 353
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
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
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
Social distancing restrictions and health- and economic-driven demand shifts from COVID-19 are expected to shutter many small businesses and entrepreneurial ventures, but there is very little early evidence on impacts. This paper provides the first analysis of impacts of the pandemic on the...
Persistent link: https://www.econbiz.de/10012825688
Using unique City of Oakland data during COVID-19, we document that small business survival capabilities vary by firm size as a function of revenue resiliency, labor flexibility, and committed costs. Nonemployer businesses rely on low cost structures to survive 73% declines in own-store foot...
Persistent link: https://www.econbiz.de/10012826638
We organized business associations for the owner-managers of randomly selected young Chinese firms to study the effect of business networks on firm performance. We randomized 2,800 firms into small groups whose managers held monthly meetings for one year, and into a “no- meetings” control...
Persistent link: https://www.econbiz.de/10012966933
Bangladesh, Chile, Ghana, Kenya, Mexico, Nigeria and Sri Lanka. We show that variation in business practices explains as much of …
Persistent link: https://www.econbiz.de/10013016653
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
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
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