This paper examines the Individualism–Collectivism (I-C) dimension of national culture in the Hofstede and GLOBE models. We identify major contradictions between the two culture models, which result in contradictory relationships with external variables such as economic prosperity. We...

Although the internationalisation process of the firm has been well researched since the 1970s, the behaviour of firms prior to internationalisation has not received commensurate research attention. This paper argues that a focus on firms' pre-internationalisation activities will not only offer...

This paper compares the Uncertainty Avoidance (UA) dimension of national culture across the Hofstede and GLOBE models, looking at relationships in both data and analysis. Rather than mutual support, we detail major differences and anomalies across the studies. We show how these anomalies are...

The GLOBE study of national cultures identified nine dimensions of culture. These nine dimensions were measured in the form of societal practices (as things are) and societal values (as things should be). The correlations between practices and values for societies, surprisingly, were found to be...

During the 1990's there was considerable debate in Australia about the desirability or otherwise of changing the nation's official trade focus away from traditional trading partners in Western Europe and North America to Asian countries located within Australia's own East Asia/Pacific region....

We study consequences of regulatory interventions in limit order markets that aim at stabilizing the market after an occurrence of a “flash crash”. We use a simulation platform that creates random arrivals of trade orders, that allows us to analyze subtle theoretical features of liquidity...

Since the 1970s the internationalisation process of firms has attracted wide research interest. One of the dominant explanations of firm internationalisation resulting from this research activity is the Uppsala stages model. In this paper, a pre-internationalisation phase is incorporated into...

The internationalisation of firms has gained much research attention since the 1970s. However, the behavioural aspect of firms’ during their pre-internationalisation phase has not been sufficiently explored. This research proposes that a pre-internationalisation focus would not only offer an...