Social Progress and Corporate Culture
63 Pages Posted: 30 Jan 2019 Last revised: 18 Feb 2022
There are 2 versions of this paper
Social Progress and Corporate Culture
Yale ICF Working Paper No. 2019-01
Number of pages: 62
Posted: 27 Jan 2019
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92
Date Written: January 2019
Abstract
Social progress through improved treatment of minority groups (the embrace of anti-racist and anti-sexist norms, for example) may or may not spread to corporate cultures through competition. Sometimes the market fails to adapt on its own and government must pass legislation to secure changes in the workplace. We show how corporate culture is determined, why a variety of corporate cultures exist, and whether progressive corporate cultures can oust regressive ones.
Suggested Citation: Suggested Citation
Gorton, Gary B. and Zentefis, Alexander, Social Progress and Corporate Culture (January 2019). NBER Working Paper No. w25484, Available at SSRN: https://ssrn.com/abstract=3324065
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