Culture’s effects on corporate sustainability practices: A multi-domain and multi-level view
Ilona Szőcs and
Journal of World Business, 2018, vol. 53, issue 2, 263-279
With a triple-bottom-line lens on sustainability, this study examines the effects of culture on companies’ economic, social, and environmental sustainability practices. Drawing on institutional theory and project GLOBE, we delineate cultural practices dimensions that consistently predict sustainability practices related to each of the three domains. Based on a sample of 1924 companies in 36 countries and nine cultural clusters, we find that future orientation, gender egalitarianism, uncertainty avoidance, and power distance practices positively, and performance orientation practices negatively, predict corporate sustainability practices. Further, our findings suggest that these effects might vary according to the country vis-à-vis cluster level of analysis.
Keywords: Corporate sustainability practices; Cultural practices; GLOBE; Institutional theory; Multiple levels of analysis (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:worbus:v:53:y:2018:i:2:p:263-279
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