Cultural diversity and the performance of multinational firms

被引:289
作者
GomezMejia, LR [1 ]
Palich, LE [1 ]
机构
[1] BAYLOR UNIV, HANKAMER SCH BUSINESS, WACO, TX 76798 USA
关键词
D O I
10.1057/palgrave.jibs.8490103
中图分类号
F [经济];
学科分类号
02 ;
摘要
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.
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页码:309 / 335
页数:27
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