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C/B/2459. Application of Hofstede's model to evaluation of financial practices in UK and India

WORDS:
2750
DATE:
2010
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29.99 GBP

The paper examines the theory of cultural differences proposed by Hofstede using it to evaluate similarities and differences in accounting reporting, auditing procedures and financial systems in the UK and India. The differences in the power distance index, individualism and long term orientation are discussed, the role of Hofstede’s model in international business environment is evaluated.

 

KEYWORDS: Hofstede’s model, cultural dimensions, financial practices in UK and India,

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