Cited by 365

Cultural roots of economic performance: A research noteA

Franke, Richard H., Hofstede, Geert, Bond, Michael H.·1991·Strategic Management Journal

Abstract

Cultural values, measured from Western and Eastern perspectives, are factors in economic performance which explain more than half the cross-national variance in economic growth over two periods for samples of 18 and 20 nations. Performance seems facilitated by ‘Confucian dynamism’—stressing thrift, perseverance, and hierarchical relatedness, but not traditions impeding innovation. Cultural ‘individualism’ seems a liability, while the propensity for work in cohesive groups is an asset for economic performance. With business becoming more international, effective strategic management requires accounting for fundamental national differences such as those of culture identified in this study.

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Crossref · 10.1002/smj.4250120912

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  • Firms that operate in western countries have a more constructive position towards CSR.

    “For example, firms that operate in western countries have a more constructive position towards CSR (Franke et al., 1991).”

    From Corporate social responsibility influences employee engagement (2018) · cites this paper as Franke et al., 1991

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Authors
Franke, R. H., Hofstede, G., & Bond, M. H.
Venue
Strategic Management Journal
Publisher
Wiley
Published
1991
Volume
12
Issue
S1
Pages
165-173
ISSN
  • 0143-2095
  • 1097-0266
Cited by
365
References
0
Language
en

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