1. bookVolume 14 (2022): Edizione 1 (March 2022)
Dettagli della rivista
Prima pubblicazione
01 Jan 2009
Frequenza di pubblicazione
4 volte all'anno
Open Access

The Nexus between Uncertainty Avoidance Culture and Risk-taking Behaviour in Entrepreneurial Firms’ Decision Making

Pubblicato online: 23 Aug 2022
Volume & Edizione: Volume 14 (2022) - Edizione 1 (March 2022)
Pagine: 104 - 132
Ricevuto: 18 Jan 2022
Accettato: 04 Mar 2022
Dettagli della rivista
Prima pubblicazione
01 Jan 2009
Frequenza di pubblicazione
4 volte all'anno

Andersen, P. D., & Rasmussen, L. B. (2014). The impact of national traditions and cultures on national foresight processes. Futures, 59, 5–17.10.1016/j.futures.2014.01.013 Search in Google Scholar

Andersson, O., Holm, H., Tyran, J.-R., & Wengström, E. (2014). Deciding for Others Reduces Loss Aversion. Management Science, 62(1), 1–38. Search in Google Scholar

Angner, E. (2016). A Course in Behavioral Economics (2nd ed). New York: Palgrave Macmillan Higher Education.10.1007/978-1-137-51293-2 Search in Google Scholar

Ashraf, B. N., & Arshad, S. (2017). Foreign bank subsidiaries’ risk-taking behaviour: Impact of home and host country national culture. Research in International Business and Finance, 41, 318–335.10.1016/j.ribaf.2017.04.039 Search in Google Scholar

Ashraf, B. N., Zheng, C., & Arshad, S. (2016). Effects of national culture on bank risk-taking behavior. Research in International Business and Finance, 37(C), 309–326.10.1016/j.ribaf.2016.01.015 Search in Google Scholar

Armstrong, R. W. (1996). The relationship between culture and perception of ethical problems in international marketing. Journal of Business Ethics, 15(11), 1199–1208.10.1007/BF00412818 Search in Google Scholar

Arping, S. (2019). Competition and risk-taking in banking: The charter value hypothesis revisited. Journal of Banking & Finance, 107, 105609. DOI: 10.1016/j.jbankfin.2019.105609. Apri DOISearch in Google Scholar

Autio, E., Pathak, S., & Wennberg, K. (2013). Consequences of cultural practices for entrepreneurial behaviors. Journal of International Business Studies, 44(4), 334–362.10.1057/jibs.2013.15 Search in Google Scholar

Boubakri, N., Mirzaei, A., & Samet, A. (2017). National culture and bank performance: Evidence from the recent financial crisis. Journal of Financial Stability, 29(C), 36–56.10.1016/j.jfs.2017.02.003 Search in Google Scholar

Bremer, M., Hoshi, A., Inoue, K., & Suzuki, K. (2017). Uncertainty avoiding behavior and cross-border acquisitions in the Asia-Pacific region. Japan and the World Economy, 41(C), 99–112.10.1016/j.japwor.2017.02.002 Search in Google Scholar

Chang, C. J., Ho, J. L. Y., & Wu, A. N. (2016). The effects of culture and contextual information on resource allocation decisions. Review of Accounting and Finance, 15(2), 174–197.10.1108/RAF-10-2015-0150 Search in Google Scholar

Cetenak, E. H., Cingoz, A. & Acar, E. (2017). The Effect of National Culture on Corporate Financial Decisions. In H. Dincer, U. Hacioğlu (Eds.), Risk Management, Strategic Thinking and Leadership in the Financial Services Industry (pp. 355–368). Wien, New York: Springer. Search in Google Scholar

Crossler, R. E., Andoh-Baidoo, F. K., & Menard, P. (2019). Espoused cultural values as antecedents of individuals’ threat and coping appraisal toward protective information technologies: Study of US and Ghana. Information & Management, 56(5), 754–766.10.1016/j.im.2018.11.009 Search in Google Scholar

Dahlbäck, O. (2003). A conflict theory of group risk taking. Small Group Research, 34(3), 251–289.10.1177/1046496403034003001 Search in Google Scholar

Dimitratos, P., Petrou, A., Plakoyiannaki, E., & Johnson, J. E. (2011). Strategic decision-making processes in internationalization: Does national culture of the focal firm matter? Journal of World Business, 46(2), 194–204.10.1016/j.jwb.2010.05.002 Search in Google Scholar

Diez-Esteban, J. M., Farinha, J. B., & Garcia-Gomez, C. D. (2019). Are religion and culture relevant for corporate risk-taking? International evidence. BRQ – Business Research Quarterly, 22(1), 36–55.10.1016/j.brq.2018.06.003 Search in Google Scholar

Dixon-Woods, M., Bonas, S., Booth, A., Jones, D. R., Miller, T., Sutton, A. J., Shaw, R. L., Smith, J. A., & Young, B. (2006). How can systematic reviews incorporate qualitative research? A critical perspective. Qualitative Research, 6(1), 27–44. DOI: 10.1177/1468794106058867. Apri DOISearch in Google Scholar

Engelen, A., Schmidt, S., & Buchsteiner, M. (2015). The Simultaneous Influence of National Culture and Market Turbulence on Entrepreneurial Orientation: A Nine-country Study. Journal of International Management, 21(1), 18–30. DOI: 10.1016/j.intman.2014.12.002. Apri DOISearch in Google Scholar

Emmerling T. (2018). [D.R.I.V.E.: A Practical Framework for Applying Behavioural Science in Strategy]. In A. Samson (Ed.), The Behavioral Economics Guide 2018 (with an Introduction by Robert Cialdini). Retrieved from http://www.behavioraleconomics.com. Access: 25.05.2020. Search in Google Scholar

Ertac, S., & Gurdal, M. Y. (2012). Deciding to decide: Gender, leadership and risk-taking in groups. Journal of Economic Behavior & Organization, 83(1), 24–30.10.1016/j.jebo.2011.06.009 Search in Google Scholar

Frijns, B., Gilbert, A., Lehnert, T., & Tourani-Rad, A. (2013). Uncertainty avoidance, risk tolerance and corporate takeover decisions. Journal of Banking & Finance, 37(7), 2457–2471.10.1016/j.jbankfin.2013.02.010 Search in Google Scholar

Füllbrunn, S. C. & Luhan, W. J. (2017). Decision making for others: The case of loss aversion. Economics Letters, 161(C), 154–156.10.1016/j.econlet.2017.09.037 Search in Google Scholar

Gaganis, C., Iftekhar, H., Panagiota P., & Tasiou, M. (2019). National culture and risk-taking: Evidence from the insurance industry. Journal of Business Research, 97(C), 104–116. DOI: 10.1016/j.jbusres.2018.12.037. Apri DOISearch in Google Scholar

Gray, S. J., Kang, T., & Yoo, Y. K. (2013). National Culture and International Differences in the Cost of Equity Capital. Management International Review, 53(6), 899–916.10.1007/s11575-013-0182-3 Search in Google Scholar

Garbarino, E., Lee, J. A., Lerman, D., & Horn, M. (2001). The influence of uncertainty avoidance on country of origin stereotypes. In R. Krishnan, & M. Viswanathan (Eds.), 2001 Ama Winter Educators’ Conference – Marketing Theory and Applications (pp. 399–400). Ama Winter Educators Conference. Chicago: Amer Marketing Assoc. Search in Google Scholar

Gentina, E., Butori, R., Rose, G. M., & Bakir, A. (2014). How national culture impacts teenage shopping behavior: Comparing French and American consumers. Journal of Business Research, 67(4), 464–470.10.1016/j.jbusres.2013.03.033 Search in Google Scholar

Hofstede, G. H. (1991). Cultures and Organizations: Software of the Mind. Berkshire, England: McGraw-Hill. Search in Google Scholar

Hofstede, G. (1984). The cultural relativity of the quality-of-Life concept. Academy of Management Review, 9(3), 389–398.10.5465/amr.1984.4279653 Search in Google Scholar

Hofstede, G. H. (1980). Culture’s consequences: international differences in work-related values. Beverly Hills, Calif.: Sage Publications. Search in Google Scholar

Hwang, Y. & Lee, K. C. (2012). Investigating the moderating role of uncertainty avoidance cultural values on multidimensional online trust. Information & Management, 49(3–4), 171–176.10.1016/j.im.2012.02.003 Search in Google Scholar

Hurley, D. & Choudhary, A. (2020). Role of gender and corporate risk-taking. Corporate Governance: The International Journal of Business in Society, 20(3), 383–399.10.1108/CG-10-2018-0313 Search in Google Scholar

Jiang, F., Jiang, Z., Kim, K. A., & Zhang, M. (2015). Family-firm risk-taking: Does religion matter? Journal of Corporate Finance, 33(C), 260.10.1016/j.jcorpfin.2015.01.007 Search in Google Scholar

Jetter, M., & Walker, J. K. (2018). The gender of opponents: Explaining gender differences in performance and risk-taking? European Economic Review, 109, 238–256. DOI: 10.1016/j.euroecorev.2017.05.006. Apri DOISearch in Google Scholar

Kanagaretnam, K., Lim, C. Y., & Lobo, G. J. (2011). Effects of national culture on earnings quality of banks. Journal of International Business Studies, 42(6), 853–874.10.1057/jibs.2011.26 Search in Google Scholar

Kanagaretnam, K., Lim, C. Y., & Lobo, G. J. (2014). Influence of National Culture on Accounting Conservatism and Risk-Taking in the Banking Industry. Accounting Review, 89(3), 1115–1149.10.2308/accr-50682 Search in Google Scholar

Keil, M., Tan, B. C. Y., Wei, K. K., Saarinen, T., Tuunainen, V., & Wassenaar, A. (2000). A cross-cultural study on escalation of commitment behavior in software projects. Mis Quarterly, 24(2), 299–325.10.2307/3250940 Search in Google Scholar

Kiliç, A., van Tilburg, W. A. P., & Igou, E. R. (2020). Risk-taking increases under boredom. Journal of Behavioral Decision Making, 33(3), 257–269. DOI: 10.1002/bdm.2160. Apri DOISearch in Google Scholar

Kupor, D. M., Liu, W., & Amir, O. (2018). The Effect of an Interruption on Risk Decisions. Journal of Consumer Research, 44(6), 1205–1219.10.1093/jcr/ucx092 Search in Google Scholar

Lehmberg, D., & Davison, M. (2018). The Impact of Power Distance and Uncertainty Avoidance on Real Options Exercise: Potential for Suboptimal Time Delays and Value Destruction. Journal of Behavioral Finance, 19(1), 62–72.10.1080/15427560.2017.1366494 Search in Google Scholar

Lloyd, A., & Döring, A. K. (2019). When do peers influence adolescent males’ risk taking? Examining decision making under conditions of risk and ambiguity. Journal of Behavioral Decision Making, 32(5), 613–626.10.1002/bdm.2141 Search in Google Scholar

Liu, J., Pacho, F. T., & Xuhui, W. (2019). The influence of culture in entrepreneurs’ opportunity exploitation decision in Tanzania. Journal of Entrepreneurship in Emerging Economies, 11(1), 22–43. DOI: 10.1108/JEEE-02-2017-0014. Apri DOISearch in Google Scholar

Li, K., Griffin, D., Yue, H., & Zhao, L. K. (2013). How does culture influence corporate risk-taking? Journal of Corporate Finance, 23(C), 1–22.10.1016/j.jcorpfin.2013.07.008 Search in Google Scholar

Li, Y. & Ashkanasy, N. M. (2019). Risk adaptation and emotion differentiation: An experimental study of dynamic decision-making. Asia Pacific Journal of Management, 36(1), 219–243.10.1007/s10490-017-9559-3 Search in Google Scholar

Littell, J., Corcoran, J., & Pillai, V. (2008). Systematic Reviews and Meta-Analysis. Oxford: Oxford University Press.10.1093/acprof:oso/9780195326543.001.0001 Search in Google Scholar

Lu, Q., Pattnaik, C., Xiao, J. J., & Voola, R. (2018). Cross-national variation in consumers’ retail channel selection in a multichannel environment: Evidence from Asia-Pacific countries. Journal of Business Research, 86, 321–332.10.1016/j.jbusres.2017.09.027 Search in Google Scholar

Money, R. B. & Crotts, J. C. (2003). The effect of uncertainty avoidance on information search, planning, and purchases of international travel vacations. Tourism Management, 24(2), 191–202.10.1016/S0261-5177(02)00057-2 Search in Google Scholar

Michailidis, E. & Banks, A. P. (2016). The relationship between burnout and risk-taking in workplace decision-making and decision-making style. Work and Stress, 30(3), 278–292.10.1080/02678373.2016.1213773 Search in Google Scholar

Moreno, K., Kida, T., & Smith, J. F. (2002). The impact of affective reactions on risky decision making in accounting contexts. Journal of Accounting Research, 40(5), 1331–1349.10.1111/1475-679X.t01-1-00056 Search in Google Scholar

Nieboer, J. (2015). Group member characteristics and risk taking by consensus. Journal of Behavioral and Experimental Economics, 57, 81–88.10.1016/j.socec.2015.05.001 Search in Google Scholar

Paine, J. W., Federspiel, F., Seifert, M., & Zou, X. (2020). Take a risk or proceed with caution: Prevention motivation moderates responses to near-loss events. Journal of Behavioral Decision Making, 33(4), 505–522. DOI: 10.1002/bdm.2174. Apri DOISearch in Google Scholar

Pittaway, L., Robertson, M., Munir, K., Denyer, D., & Neely, A. (2004). Networking and innovation: a systematic review of the evidence. International Journal of Management Reviews, 5–6(3–4), 137–168. DOI: 10.1111/j.1460-8545.2004.00101.x. Apri DOISearch in Google Scholar

Se, M. G., Goldfarb, B., & Barret, L. F. (2010). Affect and The Framing Effect Within Individuals Over Time: Risk Taking in A Dynamic Investment Simulation. Academy of Management Journal, 53(2), 411–431.10.5465/amj.2010.49389383 Search in Google Scholar

Singh, J. V. (1986). Performance, Slack, And Risk-Taking in Organizational Decision-Making. Academy of Management Journal, 29(3), 562–585.10.2307/256224 Search in Google Scholar

To, C., Kilduff, G. J., Ordonez, L., & Schweitzer, M. E. (2018). Going For It On Fourth Down: Rivalry Increases Risk Taking, Physiological Arousal, And Promotion Focus. Academy of Management Journal, 61(4), 1281–1306.10.5465/amj.2016.0850 Search in Google Scholar

Tran, Q. T. (2019). Economic policy uncertainty and corporate risk-taking: International evidence. Journal of Multinational Financial Management, 52–53(1): 100605. Search in Google Scholar

Sabiote, C. M., Frias, D. M., & Castañeda, J. A. (2012). The moderating effect of uncertainty-avoidance on overall perceived value of a service purchased online. Internet Research, 22(2), 180–198.10.1108/10662241211214557 Search in Google Scholar

Sabiote, C. M., Frias, D. M., & Castañeda, J. A. (2013). The moderating effect of culture on overall perceived value in the online purchasing process. Service Business, 7(1), 83–102.10.1007/s11628-012-0146-x Search in Google Scholar

Sternad, D. (2011). Cultural influences on the adaptation process. In Sternad D., Strategic Adaptation: Cross-Cultural Differences in Company Responses to an Economic Crisis (pp. 139–158). Wien, New York: Springer. Search in Google Scholar

Watson, A., Dada, O., Wright, O., & Perrigot, R. (2019). Entrepreneurial Orientation Rhetoric in Franchise Organizations: The Impact of National Culture. Entrepreneurship Theory and Practice, 43(4), 751–772.10.1177/1042258717738519 Search in Google Scholar

Articoli consigliati da Trend MD

Pianifica la tua conferenza remota con Sciendo