Effects of Culture on Firm Risk-Taking : A Cross-Country and Cross-Industry Analysis /

This paper investigates the effects of national culture on firm risk-taking, using a comprehensive dataset covering 50,000 firms in 400 industries in 51 countries. Risk-taking is found to be higher for domestic firms in countries with low uncertainty aversion, low tolerance for hierarchical relation...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Mihet, Roxana
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2012.
Saila:IMF Working Papers; Working Paper ; No. 2012/210
Sarrera elektronikoa:Full text available on IMF