An Empirical Study of National Culture Based on Hofstede Model and its Effect on the Inequal Distribution of Income and Wealth

Authors

  • Rajib Bhattacharya Associate Professor, International School of Business & Media (ISB&M), Kolkata
  • Shuvashish Roy Financial Advisor, Hazrat Khajar Bashir Unani Ayurvedic Medical College & Hospital Foundation, Jamalpur
  • Sarmistha Sarma Professor - Marketing, Institute of Innovation in Technology and Management (Affiliated to GGSIP University), New Delhi

DOI:

https://doi.org/10.33516/maj.v55i9.94-99p

Keywords:

No Keywords.

Abstract

The construct of inequal distribution of income and wealth in an economy is known to bring about other ancillary issues like decrease in literacy rate, lower levels of health parameters and other social conditions. This study aims to assess the extent of explicability of the variations in inequality in distribution of income and wealth across nations, measured by Gini Coefficient, by the variations in Hofstede’s dimensions of national culture. Linear multivariate regression analysis has been done to achieve the objective.

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Published

2020-09-30

How to Cite

Bhattacharya, R., Roy, S., & Sarma, S. (2020). An Empirical Study of National Culture Based on Hofstede Model and its Effect on the Inequal Distribution of Income and Wealth. The Management Accountant Journal, 55(9), 94–99. https://doi.org/10.33516/maj.v55i9.94-99p

Issue

Volume 55, Issue 9, September 2020

Section

Economics
Crossref
Scopus
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Europe PMC

References

Hofstede, Geert (1983). National Cultures in Four Dimensions. International Studies Of Man & Organizations. Vol XIII. No.1-2. Pp 46 – 74, M E Sharpe Inc 1983.

Hofstede, Geert Jan; Minkov, Michael (2010). Cultures and Organizations: Software for the Mind: Interculteral Cooperation and its Importance for Survival. Tata McGrawHill Education.

Jordan, Gregory. (2004). The Causes of Poverty Cultural vs. Structural: Can There Be a Synthesis?. Perspectives in Public Affairs, Spring 2004, 18-34.

Malinoski, Mallory. (2012). On Culture and Income Inequality: Regression Analysis of Hofstede’s International Cultural Dimensions and the Gini Coefficient. Xavier Journal of Politics, Vol. III, No. 1.

Trompenaars, Alfons (2012). Riding the Waves of Culture: Understanding Diversity in Global Business. 3rd Revised Edition. Nicholas Brealey Publishing (2012).

https://data.worldbank.org/indicator/si.pov.gini accessed on 03 November 2019

https://www.hofstede-insights.com/product/comparecountries/ accessed on 03 November 2019

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