The effects of institutional development and national culture on cross-national differences in corporate reputation

TitleThe effects of institutional development and national culture on cross-national differences in corporate reputation
Publication TypeJournal Article
Year of Publication2016
AuthorsDeephouse D.L, Newburry W., Soleimani A.
JournalJournal of World Business
Volume51
Issue3
Pagination463-473
Date PublishedApr
ISBN Number1090-9516
Accession NumberWOS:000375338300011
Abstract

Corporate reputation is becoming more important to managers and scholars around the world. However, little is known about how much or why reputation differs across countries. We use institutional theory to fill this gap. We focus on institutional development, reflecting the expansion of formal institutions, and national culture, an important informal institution. We find that reputation is negatively related to institutional development and masculinity and positively. related to power distance in a sample of 401 corporations from 25 countries. We recommend that institutional theory complement signaling theory in cross-national studies of corporate reputation. (C) 2016 Elsevier Inc. All rights reserved.

DOI10.1016/j.jwb.2015.12.005