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This study investigates the effects of national culture on financial sector development in emerging and developing economies. Prior literature on culture and finance has placed little focus on the multidimensionality of national culture and its potential implications for financial sector...
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The international management literature has presented inconclusive results about the effect of institutional voids in a host country on entrant firms' resource commitment. With the lens of institutional theory and transaction cost theory, this article examines how institutional voids in an...
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Using a large sample of firms from 37 countries over the period of 2007-2015, we empirically analyse the impact of religion and national culture characteristics on the level of corporate risk-taking around the world and the channels through which this can take place. First, we initially observe...
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