Cultural Diversity and the Performance of Multinational Firms

Luis R Gómez-Mejia and Leslie E Palich
Additional contact information
Luis R Gómez-Mejia: Arizona State University
Leslie E Palich: Baylor University

Journal of International Business Studies, 1997, vol. 28, issue 2, 309-335

Abstract: We test the hypothesis that culturally related international diversification will have a positive impact on firm performance and that the opposite will be true for culturally unrelated globalization. Cultural diversity for Fortune 500 firms was used to predict performance over a ten-year period (1985–1994), controlling for several organizational and industry characteristics. Regression tests using nine indicators of cultural diversity revealed no significant cultural effects. Alternate interpretations are offered.© 1997 JIBS. Journal of International Business Studies (1997) 28, 309–335

Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (113)

Downloads: (external link)
http://www.palgrave-journals.com/jibs/journal/v28/n2/pdf/8490103a.pdf Link to full text PDF (application/pdf)
http://www.palgrave-journals.com/jibs/journal/v28/n2/full/8490103a.html Link to full text HTML (text/html)
Access to full text is restricted to subscribers.

Related works:
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:pal:jintbs:v:28:y:1997:i:2:p:309-335

Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/41267/PS2

Access Statistics for this article

Journal of International Business Studies is currently edited by John Cantwell

More articles in Journal of International Business Studies from Palgrave Macmillan, Academy of International Business
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().