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Cited by 428

The DOI matches its Crossref record; 63 of the 63 references it cites were found in a registry or an index.

Corporate culture: Evidence from the field

Open access
Graham, John R., Grennan, Jillian, Harvey, Campbell R., Rajgopal, Shivaram·2022·Journal of Financial Economics

Abstract

Ninety-two percent of the 1348 North American executives we survey believe that improving corporate culture would increase firm value. A striking 84% believe their company needs to improve its culture. But how can that be achieved? Our paper provides some guidance by documenting the following: executives’ views on what corporate culture is and how it operates, distinguishing between stated values and everyday norms; the extent to which culture is perceived to influence value creation (productivity, mergers), ethical choices (compliance, short-termism), and innovation (creativity, risk-taking); and a list of obstacles that can prevent culture from being where it should be (inattentive leaders, misaligned incentive compensation). Finally, we provide evidence that the executives’ survey responses are consistent with external data.

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Crossref · 10.1016/j.jfineco.2022.07.008

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Metadata

Authors
Graham, J. R., Grennan, J., Harvey, C. R., & Rajgopal, S.
Venue
Journal of Financial Economics
Publisher
Elsevier BV
Published
2022-11
Volume
146
Issue
2
Pages
552-593
ISSN
0304-405X (ISSN-L)
OpenAlex
W3123063148
Cited by
428
References
63
FWCI
151.91
Type
journal article
Language
en
Open access
hybrid

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CoChat. (2026). Citation check: Corporate culture: Evidence from the field. https://app.cochat.ai/papers/10.1016/j.jfineco.2022.07.008
The paper
Graham, J. R., Grennan, J., Harvey, C. R., & Rajgopal, S. (2022). Corporate culture: Evidence from the field. Journal of Financial Economics. https://doi.org/10.1016/j.jfineco.2022.07.008

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.