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Hofstede's cultural dimensions theory is a framework for cross-cultural psychology, developed by Geert Hofstede. It shows the effects of a society's culture on the values of its members, and how these values relate to behavior, using a structure derived from factor analysis. [1] Hofstede's cultural dimensions theory.
Long-Term Orientation (LTO) values associated with Long Term Orientation are thrift and perseverance; values associated with Short Term Orientation are respected for tradition, fulfilling social obligations, and protecting one's 'face'. This dimension is created to understand the long term orientation of mainly Asian cultures and their respect ...
Here he described national cultures along six dimensions: Power Distance, Individualism, Uncertainty avoidance, Masculinity, Long Term Orientation, and Indulgence vs. restraint. He was known for his books Culture's Consequences and Cultures and Organizations: Software of the Mind, co-authored with his son Gert Jan Hofstede.
Long- versus short-term orientation [77] – "The long-term orientation dimension can be interpreted as dealing with society's search for virtue. Societies with a short-term orientation generally have a strong concern with establishing the absolute Truth. They are normative in their thinking.
Power distance is a significant dimension in cross-cultural environments that it unconsciously influences people's behavior in different countries, which contributes to so-called "cultural norms", which are shaped by perceptions and acceptance of power inequality to a certain degree. These "cultural norms" lead to various reactions when facing ...
Florence Kluckhohn and Fred Strodtbeck suggested alternate answers to all five, developed culture-specific measures of each, and described the value orientation profiles of five southwestern United States cultural groups. Their theory has since been tested in many other cultures, and used to help negotiating ethnic groups understand one another ...
In cross-cultural psychology, uncertainty avoidance is how cultures differ on the amount of tolerance they have of unpredictability. [1] Uncertainty avoidance is one of five key qualities or dimensions measured by the researchers who developed the Hofstede model of cultural dimensions to quantify cultural differences across international lines and better understand why some ideas and business ...
The role of culture in financial behavior is also increasingly being demonstrated to have highly significant effects on the management and valuation of assets. Using the dimensions of culture identified by Shalom Schwartz, it has been proved that corporate dividend payments are determined largely by the dimensions of Mastery and Conservatism. [37]