学术活动

一成不变:企业文化的传承与起源

发布时间:2025-06-04
6月
09
时间和日期
2025-06-09 (星期一) 10:30 上午 - 12:00 下午
标题: 一成不变:企业文化的传承与起源
日期和时间:

2025年6月9日(周一)

10:30-12:00

地点 综合教学楼D804会议室
主讲人:

李凯教授  

加拿大英属哥伦比亚大学

摘要: We examine the evolution and origin of corporate culture, distinguishing between the values and norms that prevail within a company and the individual preferences of corporate insiders. Using one of the largest panel datasets on corporate culture, we first show that culture is remarkably stable: firms with strong (or weak) cultures tend to remain so over the following decade. We then find that most of the variation in corporate culture is explained by time-invariant firm fixed effects, largely attributed to a firm’s cultural traits established around the time of its initial public offering. Using a rich set of founder characteristics, we show that a firm’s early culture is significantly influenced by its founder’s cultural heritage, the racial diversity at her birthplace, and the business environment at the start of her career. Finally, we provide some suggestive evidence that CEO–firm matching on values, along with the treatment of culture on top employees, are potential mechanisms underlying the persistence in corporate culture. We conclude that a firm’s early culture—shaped by its founders—together through values-based selection and treatment explain the enduring nature of corporate culture.
主讲人简介: 李凯教授现任英属哥伦比亚大学尚德商学院W. Maurice Young金融讲席教授,同时担任Journal of Financial and Quantitative Analysis的主编。李教授的研究集中于公司治理机制的经济后果,她目前的研究项目探讨以下几个方面:(1)性别与金融,(2)企业文化,以及(3)绿色创新。她的研究成果发表于Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Financial and Quantitative Analysis, Management Science, Journal of International Business Studies,以及许多其他金融与经济学领域的顶级期刊。