Cultural Implications for the Shadow Economy

Authors

  • Andrzej Tomasz Buszko University of Warmia and Mazury in Olsztyn

DOI:

https://doi.org/10.5755/j01.ee.29.1.18069

Keywords:

- national culture, cultural dimensions, relationship, shadow economy, roots, effects of shadow economy

Abstract

The purpose of this paper is to discern the correlation among dimensions of national culture and the shadow economy. Correlation analysis and Hofstede’s categorized national culture dimensions were used. Correlation analysis revealed a correlation between the shadow economy and the following: the dimensions of national cultural power distance, uncertainty avoidance, and individualism vs collectivism. There is a slight correlation between the shadow economy and masculinity vs femininity. This is a novel empirical analysis of the shadow economy existing among the dimensions of national culture.  The unexpected findings of high correlation between some national cultural dimensions suggests the need for more research in this area.

DOI: http://dx.doi.org/10.5755/j01.ee.29.1.18069

Author Biography

Andrzej Tomasz Buszko, University of Warmia and Mazury in Olsztyn

Finance and Banking Chair

Additional Files

Published

2018-02-26

Issue

Section

THE ECONOMIC CONDITIONS OF ENTERPRISE FUNCTIONING