The Influence of National Culture Dimension on the ESG Results of Countries

Abstract

This paper aims to advance the understanding of the “intangible aspects” of the National Culture Dimensions, based on the question: Are there intangible factors derived from a national culture that influence the production of National ESG performance of a country? If there are, what are those factors? Using deductive reasoning, secondary data from different countries found in the relevant literature, and PLS-SEM analysis, this paper confirms the hypothesis that there is a relationship between National Culture Dimensions and the ESG results from that country. Furthermore, this paper allows for an organizational understanding of the national cultural dimensions that can contribute to developing corporate governance methodologies customized according to national cultural characteristics.