Social Progress and Corporate Culture
Working Paper 25484
DOI 10.3386/w25484
Issue Date
Social progress through improved treatment of minority groups (the embrace of anti-racist and anti-sexist norms, for example) may or may not spread to corporate cultures through competition. Sometimes the market fails to adapt on its own and government must pass legislation to secure changes in the workplace. We show how corporate culture is determined, why a variety of corporate cultures exist, and whether progressive corporate cultures can oust regressive ones.
Published Versions
Gary B Gorton & Alexander K Zentefis, 2023. "Social progress and corporate culture," Industrial and Corporate Change, vol 32(3), pages 733-754.