This study documents corporate culture at the time of IPO and the relationship between corporate culture at the time of IPO and firm financial performance. Based on a sample of 1,157 US firms that went public between 1996 and 2011 and performance information through 2016, the data provide strong...

This study documents corporate culture at the time of IPO and the relationship between corporate culture at the time of IPO and firms' financial performance. Based on a sample of 1,355 US firms that went public between 1996 and 2011 and performance information to 2016, the data indicate strong...

We propose that market manipulation, which brings about both managerial short-termism and an opaque environment, has a negative causal impact on the four dimensions of corporate culture: compete, control, create, and collaborate. We test this proposition by matching corporate culture dimensions...