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.
Cultural Diversity and the Performance of Multinational Firms
Related Resources
-
America’s Arctic Moment: Great Power Competition in the Arctic to 2050
Williams, Ian, Heather A. Conley, Nikos Tsafos, and Matthew Melino. “America’s Arctic Moment: Great Power Competition in the Arctic to 2050,” March 30, 2020.
- Open Source Results
- Authors with Diverse Backgrounds
-
Indonesia’s Great-Power Management in the Indo-Pacific: The Balancing Behavior of a ‘Dove State'
Shekhar, Vibhanshu. “Indonesia’s Great-Power Management in the Indo-Pacific: The Balancing Behavior of a ‘Dove State.’” Asia Policy 17, no. 4 (2022): 123–49.
- Authors with Diverse Backgrounds