A framework to update Hofstede's cultural value indices: economic dynamics and institutional stability

Linghui Tang and Peter E Koveos
Additional contact information
Linghui Tang: Department of Economics, Finance, and International Business, School of Business, The College of New Jersey, Ewing, NJ, USA
Peter E Koveos: Department of Finance, Whitman School of Business, Syracuse University, Syracuse, USA

Journal of International Business Studies, 2008, vol. 39, issue 6, 1045-1063

Abstract: This study offers an update of the Hofstede cultural value dimensions. We argue that changes in economic conditions are the source of cultural dynamics, while the endurance of institutional characteristics provides the foundation for cultural stability. It is found that national wealth, measured by GDP per capita, has a curvilinear relationship with individualism, long-term orientation, and power distance scores. Relatively speaking, uncertainty avoidance and masculinity mainly reflect some rather stable institutional traditions, such as language, religion, climate, ethnic homogeneity, and legal origin, and are less likely to change over time. Journal of International Business Studies (2008) 39, 1045–1063. doi:10.1057/palgrave.jibs.8400399

Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (117)

Downloads: (external link)
http://www.palgrave-journals.com/jibs/journal/v39/n6/pdf/8400399a.pdf Link to full text PDF (application/pdf)
http://www.palgrave-journals.com/jibs/journal/v39/n6/full/8400399a.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:39:y:2008:i:6:p:1045-1063

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 ().