Arbeitspapier

The Survival of Unique Corporate Cultures

In this paper we identify two situations that can lead a firm to hire an executive who supports a corporate culture that differs from the firm's current culture. In the first case, there is similarity between the firm's culture and that of the candidate and in the second case, executives who support the firm's culture constitute a minority of available candidates. In both cases the firm prefers to hire an available candidate, rather than risk a prolonged vacancy. We show how these scenarios can lead to the eradication of unique cultures and to the perpetuation of more common cultures.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 9873

Classification
Wirtschaft
Firm Behavior: Theory
Organizational Behavior; Transaction Costs; Property Rights
Subject
corporate culture
organizations
minority

Event
Geistige Schöpfung
(who)
Epstein, Gil S.
Lindner Pomerantz, Renana
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2016

Handle
Last update
04.04.2025, 1:38 AM CEST

Data provider

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Object type

  • Arbeitspapier

Associated

  • Epstein, Gil S.
  • Lindner Pomerantz, Renana
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2016

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