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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/10012457699
cultural stereotypes at the bank level, we show that corporate culture at bank headquarters is influenced by foreign …. We therefore leverage the geography of multinational bank branch networks to construct a bank-specific measure of culture …
Persistent link: https://www.econbiz.de/10013477202
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/10012480980
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/10012479440
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/10012481548
Corporate culture is an omnibus term that includes many elements like norms, values, knowledge, and customs that are … corporate culture. These empirical measures of culture have explained mergers and acquisitions, corporate risk-taking, and … unethical behaviors observed in corporations, among other topics. We argue that unpacking corporate culture into its components …
Persistent link: https://www.econbiz.de/10012660000
culture: shared capitalism is positively linked to workplace decision-making, training, job security, teamwork, the ability to …
Persistent link: https://www.econbiz.de/10012464414
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/10012465774
supportive organizational culture is also required. In the case of the Internet Engineering Task Force, a random increase in …
Persistent link: https://www.econbiz.de/10012510528
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/10012460658