Cultural diversity and growth of international firms

• Published in: Економічний вісник Донбасу
• Date: 2016
• Main Authors: Francisco, F.R.R., Kovalenko, O., Kovalenko, S.
• Format: Article
• Language: English
• Published: Інститут економіки промисловості НАН України 2016
• Subjects: International and Regional Economics
• Online Access: https://nasplib.isofts.kiev.ua/handle/123456789/114897
• Journal Title: Digital Library of Periodicals of National Academy of Sciences of Ukraine
• Cite this: Cultural diversity and growth of international firms / F.R.R. Francisco, O. Kovalenko, S. Kovalenko // Економічний вісник Донбасу. — 2016. — № 4 (46). — С. 35–40. — Бібліогр.: 35 назв. — англ.

This article deals with the impact of national cultures on growth of international firms. It critically reviews the major contributions of the literature on this field. Starting from the seminal work of Hofstede we conclude that due to the continuous growth of globalization and the tremendous social...