Corporate Culture, Societal Culture, and Institutions

Luigi Guiso, Luigi Zingales and Paola Sapienza

No 10424, CEPR Discussion Papers from C.E.P.R. Discussion Papers

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.

Keywords: Corporate culture; Cultural economics; Institutions (search for similar items in EconPapers)
JEL-codes: K4 Z1 (search for similar items in EconPapers)
Date: 2015-02
New Economics Papers: this item is included in nep-cul, nep-evo and nep-soc
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (57)

Downloads: (external link)
https://cepr.org/publications/DP10424 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Journal Article: 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:cpr:ceprdp:10424

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP10424

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().