EMPIRICAL STUDY REGARDING LONG-TERM VERSUS SHORT-TERM ORIENTATION IN ROMANIA

Edit Lukacs, Daniel Lovin and Robert Stefan

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2020, vol. 14, issue 1, 870-880

Abstract: Thanks to globalization and the information age, respectively to the increasing interconnectivity of the world, the cultural diversity of humankind is revealing itself evermore, contacts among individuals belonging to a variety of cultures being more and more frequent. Thus, the need arises to understand the way people think and behave. Culture influences people’s thought processes and behaviour, which reflect into every aspect of life. Cultural differences can be explained by means of the cultural dimensions developed by Geert Hofstede in his works, one of these dimensions being long-term orientation. Long-term orientation has been associated with economic growth. Based on an empirical research, our study aims to highlight which of the cultural values associated with long-term and short-term orientation are predominant in Romanian culture. The results show an intermediate score of 53, close to Hofstede's estimates (52), on a scale from 0 to 100 between shortterm orientation and long-term orientation. Following the Chi square statistical test, we found a positive correlation between the respondents' level of education and the preferences for the values associated with the long-term orientation.

Keywords: cultural values; Hofstede cultural model; long-term orientation; short-term orientation. (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:14:y:2020:i:1:p:870-880

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