The Influence of Indulgence and Long-Term Orientation on A Country’s Risk Aversion
Journal of Organizational Management Studies
This study explores the relationship between the Hofstede's cultural values of indulgence-restraint, long-term-short-term orientation, and risk aversion in 53 developed and developing countries. The author used linear multiple regression analysis, controlled for the countries' per capita income, and religiosity secondary data from multiple sources to…