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...
| Hoofdauteur: | |
|---|---|
| Formaat: | Tijdschrift |
| Taal: | English |
| Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
2012.
|
| Reeks: | IMF Working Papers; Working Paper ;
No. 2012/210 |
| Online toegang: | Full text available on IMF |