This study investigates the impact of local antigambling interventions (AGIs) on corporate financialization. From the perspective of formal institutions' influence on culture, our findings suggest that firms located in regions with more effective AGIs exhibit lower levels of financialization....

This study examines how sell-side analyst’s earnings forecast behavior are influenced by peer analysts’ forecast. Based on uncertainty management theory, we propose that observing the deviation between analysts’ forecast and peers’ forecast will enhance analysts’ perception of...

Recent research shows that ingrained modes of production cause long-lasting cultural differences in individualist-versus-collectivist psychologies. Specifically, individuals from wheat-growing regions display significantly more individualistic characteristics than their more...