Scholarship in finance has paid relatively little attention to the role of culture in financial
decision-making compared to other business disciplines and economics. This paper will …

Do cultural values enhance financial and subjective well-being (SWB)? Taking a
multidisciplinary approach, we meta-analytically reviewed the field, found it thinly covered …

This article studies the global variation in economic preferences. For this purpose, we
present the Global Preference Survey (GPS), an experimentally validated survey data set of …

Deception is common in nature and humans are no exception. Modern societies have
created institutions to control cheating, but many situations remain where only intrinsic …

Civic honesty is essential to social capital and economic development but is often in conflict
with material self-interest. We examine the trade-off between honesty and self-interest using …

In recent years, countries have been fighting with increasing momentum against outbreaks.
This struggle requires the effective implementation of several measures that are required in …

We find strong evidence that three key dimensions of national culture (trust, hierarchy, and
individualism) affect merger volume and synergy gains. The volume of cross-border mergers …

We argue that a more individualist culture leads to more innovation and to higher growth
because of the social status rewards associated with innovation in that culture. We use data …

We investigate the role of national culture in corporate risk-taking. We postulate that culture
influences corporate risk-taking both through its effect on managerial decision-making and …

Until recently, economists have been reluctant to rely on culture as a possible determinant of
economic phenomena. Much of this reluctance stems from the very notion of culture: it is so …