This study identifies how country differences on a key cultural dimension—egalitarianism—influence international investment flows. A society's cultural orientation toward egalitarianism is manifested by intolerance for abuses of market and political power and a desire for protecting less...

Using cross-sectional samples of nations from around the world and drawing on two models of cultural dimensions in cross-cultural psychology, we analyze the relations between investors' legal rights - as reflected in the indices of La Porta et al. (LLSV) - and national cultural profiles. We find...

Using cross-sectional samples of nations from around the world and drawing on two models of cultural dimensions in cross-cultural psychology, we study the relations between investors' legal rights - as reflected in the indices of La Porta et al. (LLSV) - and national cultural profiles. We find...