Corporate Culture, Societal Culture, and Institutions

Luigi Guiso, Paola Sapienza and Luigi Zingales

American Economic Review, 2015, vol. 105, issue 5, 336-39

Abstract: While both cultural and legal norms (institutions) help foster cooperation, culture is the more primitive of the two and itself sustains formal institutions. Cultural changes are rarer and slower than changes in legal institutions, which makes it difficult to identify the role played by culture. Cultural changes and their effects are easier to identify in simpler, more controlled, environments, such as corporations. Corporate culture, thus, is not only interesting per se, but also as a laboratory to study the role of societal culture and the way it can be changed.

JEL-codes: D02 D21 D23 M14 Z13 (search for similar items in EconPapers)
Date: 2015
Note: DOI: 10.1257/aer.p20151074
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (57)

Downloads: (external link)
http://www.aeaweb.org/articles.php?doi=10.1257/aer.p20151074 (application/pdf)
https://www.aeaweb.org/aer/ds/10505/P2015_1074_ds.zip (application/zip)
Access to full text is restricted to AEA members and institutional subscribers.

Related works:
Working Paper: Corporate Culture, Societal Culture, and Institutions (2015)
Working Paper: Corporate Culture, Societal Culture, and Institutions (2015)
Working Paper: Corporate Culture, Societal Culture, and Institutions (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aea:aecrev:v:105:y:2015:i:5:p:336-39

Ordering information: This journal article can be ordered from
https://www.aeaweb.org/journals/subscriptions

Access Statistics for this article

American Economic Review is currently edited by Esther Duflo

More articles in American Economic Review from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert (mpa@aeapubs.org).