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MODELLING CULTURE: A CRITICAL COMPARATIVE REVIEW OF THEORETICAL MODELS IN BEHAVIORAL CORPORATE FINANCE
(STEF92 Technology, 2014, TULBURE, N.)
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Our study reviews critically some of the most significant recent contributions to the modelling of financial decisions under the influence of cultural factors. It shows that the few attempts at modelling cultural-influenced financial behaviour show difficulties when it comes to integrating the existing financial theories as ways to account for specific behaviours/phenomena identified in practice or when evaluating the most relevant among such theories. At the same time, it shows that such models have been difficul...



