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Cultural and Religious Factors Versus Success in Business

Author

Listed:
  • Masiukiewicz Piotr

    (Institute of Value Management, Warsaw School of Economics)

Abstract

Cultural and religious factors do have some connection with results achieved in business; it is particularly well visible on the financial market. The paper presented possibilities of researching connections between cultural and religious factors and success in business, based on selected measures. Analysis covers three areas: top managers’ incomes, effectiveness measured by return on capital, risk appetite of financial institutions with international capital and international board of managers. Indicators of correlations and comparison of measures used for analysis confirm inter-relationships of cultural and religious factors and success in business.

Suggested Citation

  • Masiukiewicz Piotr, 2015. "Cultural and Religious Factors Versus Success in Business," Journal of Intercultural Management, Sciendo, vol. 7(4), pages 69-81, December.
    • Handle: RePEc:vrs:joinma:v:7:y:2015:i:4:p:69-81:n:5
    DOI: 10.1515/joim-2015-0031
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    References listed on IDEAS

    as
    1. Hilary, Gilles & Hui, Kai Wai, 2009. "Does religion matter in corporate decision making in America?," Journal of Financial Economics, Elsevier, vol. 93(3), pages 455-473, September.
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