Journal of Business Ethics

, Volume 80, Issue 4, pp 791–806 | Cite as

Values Versus Regulations: How Culture Plays Its Role

Article
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Abstract

This study examines the impact of culture on regulation and corruption. Our empirical results suggest that cultural values have significant effects on countries’ regulatory policies, levels of corruption, and economic development. Contrary to the conclusions drawn by others, this study shows no significant relationship between the regulatory policies of countries and their perceived levels of corruption. Thus, evidence of the “public choice view” toward entry regulation derived in related studies seems to be at least attenuated.

Keywords

regulation entry culture economic development corruption time 
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Notes

Acknowledgement

We thank the NSFC (70372032) and the program for new century excellent talents in University of China (NCET-06-0804) for their support on this research.

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Copyright information

© Springer Science+Business Media B.V. 2007

Authors and Affiliations

  1. 1.DallasUSA

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