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The conceptual difference really matters: Hofstede vs GLOBE’s uncertainty avoidance and the risk-taking behavior of firms
(Emerald Publishing Limited, 2019-12-05)
Purpose In spite of the common label, uncertainty avoidance (UA) across Hofstede and GLOBE models has been found to be negatively correlated and capture distinct concepts. Nevertheless, the empirical research focusing on ...
Indulgence and risk-taking behavior of firms: Direct and interactive influences
(Elsevier, 2022-06)
This study examines the impact of Hofstede's indulgence vs restraint national culture dimension (IVR) on firms' risk-taking behavior. We argue that firms in more indulgent societies will show greater risk-taking behavior ...
National culture and firms’ cash holdings: The role of indulgence and its boundaries
(Elsevier, 2024-02)
We examine the influence of indulgence vs restraint (IVR), an understudied national culture dimension of Hofstede's framework, on firms’ cash holdings to shed light on how culture influences this firm behavior and the ...
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