The concept of the self and its relation to moral action is complex and subject to varying interpretations, not only between different academic disciplines but also across time and space. This paper presents empirical evidence from a cross-cultural study on the Buddhist and Confucian notions of...

A growing body of literature is investigating the social and cultural determinants of household financing activity. This paper examines the impact of traditional culture, specifically Confucian culture in China, on informal household financing at the county level. We find that Confucian culture...

This paper compares Adam Smith and Confucius’s view on morality through a comparative analysis of The Theory of Moral Sentiments and The Analects of Confucius. Smith and Confucius both base their theory of morality upon their theory of sympathy. Whereas Smith introduces the role of an...

This study examines the nexus between Confucianism, the choice of the leadership successor, and firm performance in family firms in China. It provides original evidence that firm founders who are deeply influenced by Confucianism have a higher likelihood of choosing a family member or a...

The consumer entitlement (CE) construct is a key variable in the exchange process in retail environments. The original Consumer Entitlement Inventory (CEI) was developed and applied within Western cultural boundaries. The main contribution of this study is the extension of the original CEI to...

Blair and Stout’s (1999) team production model of the corporation (TPM) has become an attractive alternative to principal-agent models of the corporation. TPM literature has been developed to address opportunism, that is, problems of exploiting one’s position within an organization to...

This paper is concerned with Confucianism and Islamic ideas in the concept of man. An effort has been made to compare these two great civilizations in order to find out four relations which between human being and nature; human being and humanized nature (society); human being and other human;...

How does a society hedge the most atrocious states of nature? Survival cannibalism persisted across societies and until recently. We document that in historical China the Confucian clan, which acted as an internal financial market providing its members with the fundamental functions of finance...

We hypothesize that besides technology and resource expansion, risk-mitigation improvements pushed the Malthusian limits to population growth in pre-industrial societies. During 976-1850 CE, China’s population increased by elevenfold while the Confucian clan emerged as the key risk-sharing...

How does a society hedge the most atrocious states of nature? Survival cannibalism persisted across societies and until recently. We document that in historical China the Confucian clan, which acted as an internal financial market providing its members with the fundamental functions of finance...

We examine whether Confucianism surrounding corporate headquarters affects informed insider trading. We empirically show that insiders in firms headquartered in regions with higher levels of Confucianism profit more in sales but not in purchases. We further investigate the cross-sectional...

Research on ethical leadership in organizations has been largely based on Western philosophical traditions and has tended to focus on Western corporate experiences. Insights gained from such studies may however not be universally applicable in other cultural contexts. This paper examines the...

What made finance develop in the West but not in China? We argue that long before modern finance, China chose to rely on the kinship-based Confucian clan, whereas the West chose the corporate entity combined with impersonal instruments, to deal with the challenges of interpersonal risk sharing...

Purpose: The purpose of this study is to investigate the insights of herding behavior among Confucian markets.Methodology and data: The foundation of the empirical models of this study is based on return dispersion methods developed by Chang, Cheng, and Khorana (2000), Tan, Chiang, Mason, and...

This paper examines the nature and drivers of Vietnam's paradoxical performance in the Program for International Student Assessment (PISA) - consistently high student achievement despite being the poorest of all participating countries and a centralized education system. We first document...