This paper studies how a recent, substantial increase in the deposit insurance ceiling impacts discretion in banks’ loan loss provisions (LLP). We compare affected and exogenously unaffected banks using propensity-score-matched difference-in-differences. Affected banks post higher values of...

Differences in cultural philosophy at the national level have been theorized to affect business practices, legal systems, social behavior norms, educational achievements, and even the rate of economic growth. We extend this literature to examine the effect of national culture on government...

This study examines the role of both religion and culture (as measured by the cultural clusters of countries in the GLOBE study of House et al. [2004]) on the levels of perceived corruption. Covering the period from 2000 to 2010, the study uses three different measures of perceived corruption:...

In the “Global Leadership and Organizational Behavior Effectiveness" (GLOBE) Research Program (House et al., 2004; Chokkar et al., 2007), research collaborators around the world studied leadership attributes by first grouping 62 societies around the world into 10 country clusters based on their...