Literature Review: What Is Culture?

Terry Harris ()
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Terry Harris: Durham University

Chapter Chapter 2 in Competition Culture and Corporate Finance, 2023, pp 17-44 from Springer

Abstract: Abstract What is culture? Culture is a broad and inherently complex concept that can be defined as those values, norms, customs, and beliefs held by particular societal groups (please see e.g., Schein in Human Resource Management in International Firms. Palgrave Macmillan, London, England, 1990; Schein in Organizational Culture and Leadership: A Dynamic View. Jossey-Bass, San Francisco, CA, 1992; Guiso et al. in The Journal of Economic Perspectives 20:23–48, 2006; Zingales in Journal of Financial Economics 117:1–4, 2015; Graham et al. in Journal of Financial Economics 146:552–593, 2022). Put another way, culture can be said to represent the nexus of all implicit and explicit contracts that govern behaviour and human interaction within societal groups (Benabou and Tirole in The Review of Economic Studies 70:489–520, 2003; Benabou and Tirole in The Quarterly Journal of Economics 126:805–855, 2011).

Date: 2023
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DOI: 10.1007/978-3-031-30156-8_2

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