National Culture Dimensions and World Bank Governance Indicators

Mohsen Dahmardeh Ghaleno, Hamid Zarei
2018 Quarterly Journal of the Macro and Strategic Policies  
Various theories of national culture around the world affect legal systems, social norms, economic development, and political communities. In this regard, this paper discusses the impact of national culture dimensions on worldwide governance indicators. The is an applied research with quasi-experimental design and regressive approach. The population of this international study comprised all nations worldwide, thus 74 countries were selected as study sample using non-random sampling method. The
more » ... aper used six national culture dimensions of Hofstede et al. (2010) as explanatory variables. The institutions composite of six worldwide governance indicators from Kaufmann et al. (2010) in the World Bank were taken into account as the responsive variables of the paper. It is worth knowing that both studies are highly cited papers. Based on the results, power distance has a significant and negative relationship with institutions composite, but individualism, long-term orientation, and indulgence are significantly and positively related to the institutions composite. These findings are discussed subsequently.
doi:10.32598/jmsp.6.3.346 fatcat:bqes5cailve7bibkmkrqbazp2m