“Culture Matters” wins best paper award

shutterstock_147963821Professor Stephen Bryan’s paper titled “Culture Matters (But Whose Culture Matters More?)” co-written with Ajay Patel and Rob Nash of Wake Forest University, won the best paper award at the 2013 India Finance Conference, co-hosted by three branches of the India Institute of Management.

The research looks at whether cultural attributes affect how CEOs are hired. “Firms from countries more tolerant of uncertainty are more willing to accept CEOs from a different culture,” Bryan explained. “Also, firms from countries that embrace individualism are more willing to hire a CEO from a different culture.”

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