IDEAS home Printed from https://ideas.repec.org/a/taf/reroxx/v36y2023i1p2180415.html
   My bibliography  Save this article

Does culture diversity affect innovation? Evidence from Chinese business group affiliated firms

Author

Listed:
  • Hui Xu
  • Bo Cheng
  • Qiaoling Fang

Abstract

We analyze how intra-group culture diversity affect group affiliated firm’s innovation. Our findings suggest that the more inconsistency on risk preference among affiliated firms in one group, the less impact of affiliated firm’s own risk culture on innovation. Specifically, we document that intra-group culture diversity impedes individual affiliated firm’s innovation through managerial and controlling agency problems. The heterogeneity test shows that size, executives, headquarter connected, location, state ownership and information quality of affiliated firms can affect intra-group culture diversity on innovation. We prove that intra-group culture diversity impedes innovation on group affiliated firms, which means a dark side of business group affiliation.

Suggested Citation

  • Hui Xu & Bo Cheng & Qiaoling Fang, 2023. "Does culture diversity affect innovation? Evidence from Chinese business group affiliated firms," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 36(1), pages 2180415-218, December.
    • Handle: RePEc:taf:reroxx:v:36:y:2023:i:1:p:2180415
    DOI: 10.1080/1331677X.2023.2180415
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/1331677X.2023.2180415
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/1331677X.2023.2180415?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
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    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:taf:reroxx:v:36:y:2023:i:1:p:2180415. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rero .

    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.