A framework to update Hofstede's cultural value indices: Economic dynamics and institutional stability

Linghui Tang, Peter E. Koveos

Research output: Contribution to journalArticlepeer-review

182 Scopus citations

Abstract

This study offers an update of the Hofstede cultural value dimensions. We argue that changes in economic conditions are the source of cultural dynamics, while the endurance of institutional characteristics provides the foundation for cultural stability. It is found that national wealth, measured by GDP per capita, has a curvilinear relationship with individualism, long-term orientation, and power distance scores. Relatively speaking, uncertainty avoidance and masculinity mainly reflect some rather stable institutional traditions, such as language, religion, climate, ethnic homogeneity, and legal origin, and are less likely to change over time.

Original languageEnglish (US)
Pages (from-to)1045-1063
Number of pages19
JournalJournal of International Business Studies
Volume39
Issue number6
DOIs
StatePublished - Sep 1 2008

Keywords

  • Cultural framework
  • Culture change
  • GLOBE
  • Hofstede

ASJC Scopus subject areas

  • Business and International Management
  • Business, Management and Accounting(all)
  • Economics and Econometrics
  • Strategy and Management
  • Management of Technology and Innovation

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