Grover M. Hermann Lecture Series: How Culture Shapes the Family Firm
- Sponsored by:
- Vice President's Office - MIIS
Professor Sandra Dow, the Grover M. Hermann Foundation Chair in International Business Management, will give a talk on “How Culture Shapes the Family Firm”.
A growing body of research suggests the relevance of national culture in understanding business practices. At a most fundamental level, culture is a ‘background institution’ that underpins economic exchange and influences the ways in which issues and decisions are framed. For example, cultural context has been linked to the relative importance of financial markets and financial institutions as sources of capital.
McGowan MG102