Power Distance is the extent to which the less powerful members of

Power distance is the extent to which the less

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Power Distance is the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally. The countries with largest power distance are China, Russia, and Arica. The countries with smallest power distance are Mongolia, Kyrgyz, and Uzbekistan. Masculinity is the extent to which the use of force in endorsed socially. The countries with highest masculine are China, Mexico, and South Arica. The countries with highest feminine are Mongolia, and Central African Republic.
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5 Uncertainty avoidance deals with a society’s tolerance for uncertainty and ambiguity. The countries with highest avoiding are Russia, Argentina, and European. The countries with highest tolerant are China, Central African Republic, and Mongolia. Long-term orientation deals with change. The countries with highest monumentalism are Venezuela and Morocco. The countries with highest flexhumble are Arica and Greenland. 2b. Identify areas in which differences in cultural dimension across countries could lead to differences in the application of financial reporting rules. Hypothesis Content Expected change Results H1 Power Distance has positive impact on Financial Reporting Increase Support H2 Uncertainty Avoidance has positive impact on Financial Reporting. Increase Support H3 Individualism has positive impact on Financial Reporting. Increase Support H4 Masculinity has positive impact on Financial Reporting. / Not Support (Source: Hofstede, G., 1983. Dimensions of National Culture in Fifty Countries and Three Regions, in J.B. Deregowski, S. Dziurawiec and R. C. Annis (Eds.), Explications in Cross-Cultural Psychololgy. Swets and Zeitling.)
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  • Fall '14
  • International Financial Reporting Standards, Central African Republic, internal auditor

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