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Managers' cultural origin and corporate response to an economic shock

We exploit the exogenous Covid-19 shock in a bicultural area of Italy to identify cultural differences in the way companies respond to economic shocks. Firms with managers of diverse cultural backgrounds resort to different forms of government aid, diverge in their investment decisions, and have dif...

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Detalles Bibliográficos
Autores principales: Bedendo, Mascia, Garcia-Appendini, Emilia, Siming, Linus
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10069934/
http://dx.doi.org/10.1016/j.jcorpfin.2023.102412