IDEAS home Printed from https://ideas.repec.org/a/ssi/jouird/v3y2021i4p101-114.html
   My bibliography  Save this article

Research on the reflection of cultural dimensions in international business

Author

Listed:
  • Edita LeonaviÄ ienÄ—

    (Vilnius Gediminas Technical University, Lithuania)

  • Aurelija BurinskienÄ—

    (Vilnius Gediminas Technical University, Lithuania)

Abstract

The objective of this research is to reveal the reflection of cultural dimensions in international business. The management of an international business is complex and varies according to culturally determined values. To achieve success in international business, it is necessary to understand how cultural differences across and within countries affect it. Authors took under revision the international companies listed under the Nasdaq database (2021) and researched interlinks in the North-West region of Europe. The authors delivered the research in two stages. In the first stage, the authors constructed a matrix of cultural dimensions. Then formed the equation at the second step by using the Generalized Moments Method, which eliminates inaccurate assumptions. The authors used panel data analysis and constructed equations. The theoretical research results highlight the cultural dimensions identified in the 31 studies in the priority of attention. The authors' research proves that three main cultural dimensions affect the revenue of the international business. We came to the insight that the impact of culture in doing business globally is growing rapidly.

Suggested Citation

  • Edita LeonaviÄ ienÄ— & Aurelija BurinskienÄ—, 2021. "Research on the reflection of cultural dimensions in international business," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 3(4), pages 101-114, December.
    • Handle: RePEc:ssi:jouird:v:3:y:2021:i:4:p:101-114
    DOI: 10.9770/IRD.2021.3.4(7)
    as

    Download full text from publisher

    File URL: https://jssidoi.org/ird/uploads/articles/12/Leonaviciene_Research_on_the_reflection_of_cultural_dimensions_in_international_business.pdf
    Download Restriction: no
    File URL: https://jssidoi.org/ird/article/87
    Download Restriction: no
    File URL: https://libkey.io/10.9770/IRD.2021.3.4(7)?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Caputo, Andrea & Ayoko, Oluremi B. & Amoo, Nii & Menke, Charlott, 2019. "The relationship between cultural values, cultural intelligence and negotiation styles," Journal of Business Research, Elsevier, vol. 99(C), pages 23-36.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Musarra, Giuseppe & Kadile, Vita & Zaefarian, Ghasem & Oghazi, Pejvak & Najafi-Tavani, Zhaleh, 2022. "Emotions, culture intelligence, and mutual trust in technology business relationships," Technological Forecasting and Social Change, Elsevier, vol. 181(C).
    2. Marzi, Giacomo & Fakhar Manesh, Mohammad & Caputo, Andrea & Pellegrini, Massimiliano Matteo & Vlačić, Božidar, 2023. "Do or do not. Cognitive configurations affecting open innovation adoption in SMEs," Technovation, Elsevier, vol. 119(C).
    3. Sousa, Cátia & Gonçalves, Gabriela, 2019. "Multiculturality as an antecedent to work wellbeing and work passion," Journal of Tourism, Sustainability and Well-being, Cinturs - Research Centre for Tourism, Sustainability and Well-being, University of Algarve, vol. 7(2), pages 101-124.
    4. Presbitero, Alfred, 2021. "Communication accommodation within global virtual team: The influence of cultural intelligence and the impact on interpersonal process effectiveness," Journal of International Management, Elsevier, vol. 27(1).
    5. Zhou, Jihong & Charoensukmongkol, Peerayuth, 2022. "Cultural intelligence and adaptive selling behaviors in cross-cultural selling: The cognitive resource theory and social role theory perspective," Journal of Business Research, Elsevier, vol. 146(C), pages 477-488.
    6. Xu, Shichun & Hao, Andy, 2021. "Understanding the impact of national culture on firms’ benefit-seeking behaviors in international B2B relationships: A conceptual model and research propositions," Journal of Business Research, Elsevier, vol. 130(C), pages 27-37.
    7. Nikhil Ghag & Padmanav Acharya & Vivekanand Khanapuri, 2022. "Prioritizing the Challenges Faced in Achieving International Competitiveness by Export-Oriented Indian SMEs: a DEMATEL Approach," International Journal of Global Business and Competitiveness, Springer, vol. 17(1), pages 12-24, December.
    8. , Le Nguyen Hoang, 2022. "A multi-group analysis of the impact of lean manufacturing practices on operational performance: Does the national culture matter?," OSF Preprints qpe63, Center for Open Science.
    9. Guo, Wenqian & Lu, Wenxue & Gao, Xinran, 2022. "Exploring configurations of negotiating behaviors in business negotiations: A qualitative comparative analysis," Journal of Business Research, Elsevier, vol. 147(C), pages 435-448.
    10. Annamaria Sasne Grosz & Laszlo Jozsa & Sandi Maung, 2023. "Cross-cultural Negotiation Conflicts: The Myanmar Case," International Review of Management and Marketing, Econjournals, vol. 13(3), pages 1-8, May.
    11. Altinay, Levent & Kinali Madanoglu, Gulsevim & Kromidha, Endrit & Nurmagambetova, Armiyash & Madanoglu, Melih, 2021. "Mental aspects of cultural intelligence and self-creativity of nascent entrepreneurs: The mediating role of emotionality," Journal of Business Research, Elsevier, vol. 131(C), pages 793-802.
    12. Jafari-Sadeghi, Vahid & Garcia-Perez, Alexeis & Candelo, Elena & Couturier, Jerome, 2021. "Exploring the impact of digital transformation on technology entrepreneurship and technological market expansion: The role of technology readiness, exploration and exploitation," Journal of Business Research, Elsevier, vol. 124(C), pages 100-111.
    13. Lingyun Mi & Lijie Qiao & Ting Xu & Xiaoli Gan & Hang Yang & Jingjing Zhao & Yaning Qiao & Jiaxin Hou, 2020. "Promoting sustainable development: The impact of differences in cultural values on residents' pro‐environmental behaviors," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(6), pages 1539-1553, November.
    14. Richter, Nicole Franziska & Martin, Jonathan & Hansen, Sofie V. & Taras, Vasyl & Alon, Ilan, 2021. "Motivational configurations of cultural intelligence, social integration, and performance in global virtual teams," Journal of Business Research, Elsevier, vol. 129(C), pages 351-367.
    15. Carol Azab & Jonas Holmqvist, 2022. "Discrimination in Services: How Service Recovery Efforts Change with Customer Accent," Journal of Business Ethics, Springer, vol. 180(1), pages 355-372, September.
    16. Waqas Riaz & Sehrish Gul & Yoonseock Lee, 2023. "The Influence of Individual Cultural Value Differences on Pro-Environmental Behavior among International Students at Korean Universities," Sustainability, MDPI, vol. 15(5), pages 1-15, March.
    17. Edita Leonavičienė & Aurelija Burinskienė, 2021. "Research on the reflection of cultural dimensions in international business," Post-Print hal-03584057, HAL.

    More about this item

    Keywords

    international business; cultural differences; dimensions;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • F20 - International Economics - - International Factor Movements and International Business - - - General
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ssi:jouird:v:3:y:2021:i:4:p:101-114. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Manuela Tvaronaviciene (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.