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The value of corporate culture

โœ Scribed by Guiso, Luigi; Sapienza, Paola; Zingales, Luigi


Book ID
124138000
Publisher
Elsevier Science
Year
2015
Tongue
English
Weight
604 KB
Volume
117
Category
Article
ISSN
0304-405X

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The value of corporate culture
โœ Guiso, Luigi; Sapienza, Paola; Zingales, Luigi ๐Ÿ“‚ Article ๐Ÿ“… 2015 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 604 KB

We study which dimensions of corporate culture are related to a firm's performance and why. We find that proclaimed values appear irrelevant. Yet, when employees perceive top managers as trustworthy and ethical, a firm's performance is stronger. We then study how different governance structures impa