Cultural Distance of Foreign Investors in the Czech Republic Based on Hofstede's Dimensions

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F16%3A00000562" target="_blank" >RIV/46747885:24310/16:00000562 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Cultural Distance of Foreign Investors in the Czech Republic Based on Hofstede's Dimensions
Original language description
Business internationalization brings more or less intensive contact with different cultures. Cultural factors have to be taken into account when making decisions about foreign localization, entry mode choice and local staffing. The aim of the paper is to investigate national cultural distances between 12 selected countries that represent the most frequent foreign investors on the Czech market and the Czech Republic as their business partner and a host country of the investment. Cultural distances were calculated by using Kogut-Singh formula for four original Hofstede's cultural dimensions and compared with variation of six dimensions. Findings show the various differences resulting from including the last two dimensions into formula and their important impact on overall national cultural distance.
Czech name
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Czech description
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Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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