Banca de DEFESA: Jakeline Patrícia Santos

Uma banca de DEFESA de MESTRADO foi cadastrada pelo programa.
STUDENT : Jakeline Patrícia Santos
DATE: 02/01/2023
TIME: 08:00
LOCAL: Plataforma teams
TITLE:

THE RELATIONSHIP BETWEEN THE CULTURAL DIMENSIONS OF COUNTRIES AND THE RISK OF BANKING INSTITUTIONS

KEY WORDS:

National Culture; Banking Risk; Formal Institutions

PAGES: 94
BIG AREA: Ciências Sociais Aplicadas
AREA: Administração
SUBÁREA: Ciências Contábeis
SUMMARY:

This research aims to assess how the relationship between national culture occurs, based on Hofstede's cultural 

dimensions – individualism versus collectivism and uncertainty avoidance – on banking risk. Thus, the specific

 objectives are to verify the relationship between Hofstede's cultural dimensions of individualism versus collectivism

 and prevention of uncertainty about bank risk and to verify if this relationship is impacted by the moderation of formal

 institutions, thus, this research contributes to the development of the cultural finance literature. To carry out this study, 

the cultural dimensions of Hofstede (2010) were used, limiting the cultural dimensions of individualism versus collectivism

 and uncertainty prevention, the government effectiveness indicator of Kaufmann et. al (2007) to represent formal

 institutions and the risk of insolvency represented by the Z-SCORE as a dependent variable of banking risk, allowing 

the analysis of 1,238 listed commercial banks distributed in 79 countries on five continents. Thus, it was decided to

estimate two MQO linear regression models, with and without the presence of moderating variables so that it would be possible

 to verify whether and how the moderating variables affect the relationship between national culture and banking 

risk. Thus, in the first model, without the presence of moderating variables, it was found that there is no statistically

 significant relationship between the cultural dimension of individualism and banking risk, but unlike what is reported

 in the literature, there is a positive and statistically significant relationship between prevention and uncertainty and

 banking risk, it being important to point out that uncertainty is not synonymous with risk and generally countries

 with high uncertainty avoidance tend to risk known risks. In estimating the second model, with the presence of

 moderating variables, it was observed that the direct relationship between the variable that represents individualism 

and banking risk remained without statistical significance and the direct relationship between the uncertainty 

prevention variable and banking risk passed not showing statistical significance. However, it is observed that in the

 relationship of the moderating variables – MOD_IDV and MOD_UAI – with banking risk, it was possible to identify

 a negative relationship with statistical significance for both relationships. Thus, this result corroborated that formal

 institutions affect the relationship between national cultures and banking risk.

BANKING MEMBERS:
Interno - 6404897 - CESAR AUGUSTO TIBURCIO SILVA
Presidente - 1804227 - DANIELLE MONTENEGRO SALAMONE NUNES
Externo à Instituição - ROBERTO CARLOS KLANN
Interno - 1554042 - RODRIGO DE SOUZA GONCALVES