The impact of national culture on international business performance: The case of foreign firms in Greece

European Business Review

Volumn 14, Issue 4, 2002, Pages 268-275

  Kessapidou, Sevasti ^a   Varsakelis, Nikos C ^b  

^a American College of Thessaloniki   (Greece)

^b ARISTOTLE UNIVERSITY OF THESSALONIKI   (Greece)

Author keywords

Business development; Country of origin; Globalization; Greece; Multinationals; National cultures

Indexed keywords

EID: 84986101114     PISSN: 0955534X     EISSN: None     Source Type: Journal    
DOI: 10.1108/09555340210434456     Document Type: Article

References (35)

1. Barkema, H.G. and Vermeulen, F. (1997), “What differences in the cultural backgrounds of partners are detrimental for international joint ventures”, Journal of International Business Studies, Vol. 22 No. 4, pp. 845-62.
2. Black, B. (1999), “National culture and high commitment management” Employee Relations, Vol. 21 No. 4, pp. 389-404.
3. Bourantas, D. and Papadakis, V. (1996), “Greek management: diagnosis and prognosis”, International Studies of Management and Organisation, Vol. 26 No. 3, pp. 13-33.
4. Chatterjee, S. (1992), “Sources of value in take-overs: synergy or restructuring-implications for target and bidder firms’’, Strategic Management Journal, Vol. 13, pp. 267-86.
5. Datta, D.K. (1991), “Organizational fit and acquisition performance: effects of post-acquisition integration”, Strategic Management Journal, Vol. 12, pp. 281-97.
6. Denison, D. and Mishra, A.K. (1995), “Toward a theory of organisational culture and effectiveness”, Organisation Science, Vol. 6, pp. 204-23.
7. Earley, P.C. (1989), “Social loafing and collectivism”, Administrative Science Quarterly, Vol. 34, pp. 565-81.
8. Earley, P.C. (1993), “East meets West meets Mideast: further explorations of collectivistic and individualistic work groups”, Academy of Management Journal, Vol. 36 No. 2, pp. 319-48.
9. Earley, P.C. (1994), “Self-group? Cultural effects of training on self-efficacy and performance”, Administrative Science Quarterly, Vol. 39, pp. 89-117.
10. Erramilli, M.K. (1991), “The experience factor in foreign market entry behavior of service firms”, Journal of International Business Studies, Vol. 22 No. 3, pp. 479-501.
11. Evans, W.A., Sculli, D. and Yau, W.S.L. (1987), “Cross-cultural factors in the identification of managing directorial potential”, Journal of General Management, Vol. 13 No. 1, pp. 52-9.
12. Hassid, I. and Katsos, G. (1993), The Greek Industry and 1992, IOBE, Athens.
13. Ho, D.Y.F. (1976), “On the concept of face”, American Journal of Sociology, Vol. 81, pp. 867-84.
14. Hofstede, G.H. (1980), Culture's Consequences: International Differences in Work-related Values, Sage Publications, London.
15. Hofstede, G.H. (1991), Cultures and Organisations: Software of the Mind, McGraw-Hill, London.
16. Institute for Management Development (IMD) (1998), World Competitiveness Report, IMD, Lausanne.
17. Kogut, B. and Singh, H. (1988), “The effect of national culture on the choice of entry mode”, Journal of International Business Studies, Vol. 19 No. 3, pp. 411-32.
18. Makridakis, S., Caloghirou, Y., Papagiannakis, L. and Trivellas, P. (1997), “The dualism of Greek firms and management: present state and future implications”, European Management Journal, Vol. 15 No. 4, pp. 381-402.
19. Mardas, D. and Varsakelis, N.C. (1990) “The impact of single European market on Greek industry”, European Economy, special edition, pp. 177-202.
20. Mardas, D., Pournarakis, M. and Varsakelis, N.C. (1996), “National culture and international takeovers in peripheral economies: the case of Greece, 1989-1994”, paper presented at the 22nd Annual Conference of the European International Business Academy, Stockholm.
21. McGill, A.C. (1995), “American and Thai managers’ explanations for poor company performance: role of perspective and culture in causal selection”, Organizational Behavior and Human Decision Processes, Vol. 61 No. 1, pp. 16-27.
22. Ministry of Industry (1997), Policy for Foreign Direct Investment, mimeo, Athens, Greece
23. Morosini, P. and Singh, H. (1994), “Post-cross-border acquisitions: implementing ’national culture-compatible’ strategies to improve performance”, European Management Journal, Vol. 12 No. 4, pp. 390-8.
24. Morosini, P., Shane, S. and Singh, H. (1998), “National cultural distance and cross-border acquisition performance”, Journal of International Business Studies, Vol. 29 No. 1, pp. 137-58.
25. Newman, K.L. and Nollen, S.D. (1996), “Culture and congruence: the fit between management practices and national culture”, Journal of International Business Studies, Vol. 27 No. 4, pp. 753-79.
26. Nikolaidis, C.S. (1992), “Cultural determinants of corporate excellence in an integrated world economy: the impact of national cultures on organisational performance”, in Casson (Ed.), International Business and Global Integration: Some Empirical Studies. MacMillan, London.
27. Park, S.H. and Ungson, G.R. (1997), “The effect of national culture, organisational complementarity, and economic motivation on joint venture dissolution”, Academy of Management Journal, Vol. 40 No. 2, pp. 279-307.
28. Purche, W. (1990), “Post-merger management – the project stage: focusing the best approach”, The McKinsey Quarterly, Vol. 4, pp. 103-11.
29. Ralston, D.A., Holt, D.H., Terpstra, R.H. and Cheng, Y.K. (1997), “The impact of national culture and economic ideology on managing directorial work values: a study of the United States, Russia, Japan and China”, Journal of International Business Studies, Vol. 28 No. 1, pp. 177-207.
30. Rao, A. and Hashimoto, K. (1996), “Intercultural influence: a study of Japanese expatriate managing directors in Canada”, Journal of International Business Studies, Vol. 27 No. 3, pp. 443-66.
31. Schein, E.H. (1984), “Coming to a new awareness of organizational culture”, Sloan Management Review, Vol. 25, pp. 3-15.
32. Shane, St. (1992), “Why do some societies invent more than others”, Journal of Business Venturing, Vol. 7, pp. 29-46.
33. Shane, St. (1994), “The effect of national culture on the choice between licensing and direct foreign investment”, Strategic Management Journal, Vol. 15, pp. 627-42.
34. Triandis, H.C. (1989), “The self and social behavior in differing cultural contexts”, Psychological Review, Vol. 96, pp. 506-20.
35. Wilkins, A.L. and Ouchi, W.G. (1983), “Efficient cultures: exploring the relationship between culture and organizational performance”, Administrative Science Quarterly, Vol. 28, pp. 468-81.