Re: BOOK: The Mystery of Capital

From: Damien Broderick (
Date: Sat Oct 20 2001 - 22:10:16 MDT

At 12:44 AM 10/20/01 +0200, Anders wrote:

>(if I read my Hofstede right) - but power
>distance also helps corrupt institutions to remain unaccountable and
>hence slows the development.

Hofstede? Que? Geert Hofstede?

e.g. ?

Hofstede’s four dimensions (as described and interpreted in the Culture in
the Workplace
   Questionnaire™ system, a didactic tool used in instructional programs) are:

   • Individualism: The degree of individual or group orientation
   • Power Distance: The level of preference for equality or inequality
within groups
   • Certainty: The preference for risk vs. structure
   • Achievement: The relative degrees of relationship vs. task
orientation. This dimension also
   tracks the relative masculine and feminine influences in the workplace.

   These dimensions, then, along with the research-based quantitative data
and the questionnaire,
   are useful for Level II and III programs as a tested, analytic tool to
provide participants
   improved skills in conducting international business.

Damien Broderick

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