The Impact of Personal, Cultural, and Corporate Values on Business Risk

Dear Colleagues,

We are pleased to invite you to contribute to the Special Issue of the Journal of Risk and Financial Management on “The Impact of Personal, Cultural, and Corporate Values on Business Risk.” Values, which are drivers of behavior, can be viewed in a variety of ways. According to Milton Rokeach, personal values can either be terminal (related to end goals) or instrumental (related to means to goals). Shalom Schwartz, who also viewed personal values as goal-related, divided his list of values into ten motivational groupings. Hofstede viewed values as cultural artifacts that he found related to five dimensions. Ethical theory related values include the concept of duty in Kantian ethics and persistence and thrift in Confucian philosophy. And organizations differ in values, including the way they are presented and operationalized in codes of ethics. Moreover, there are religious differences in value priorities. These and other value constructs, which have individual and group behavior implications, can be related to financial risk.

This Special issue welcomes empirical, theoretical, and case study papers that examine values and their impact on financial risks. The values construct can be variously measured using the Rokeach Value Survey, the Schwartz Value Survey, Hofstede’s Cultural Dimensions, or other values instruments or values constructs. Topics of interest include, but are not limited, to the following:

• Generational differences in values.
• Cheating and corruption as indicative of an erosion in ethical and moral values.
• Organizational values including those embedded in codes of ethics.
• Values and ethical environments in organizations including tones-at-the-top.
• Environmental values and their impact on financial performance.

Papers published in this Special Issue will be of interest to educators, organizations, practitioners and regulators. We look forward to receiving your submission.

Dr. Donald L. Ariail
Dr. Amine Khayati
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

• organizational values
• personal values
• cultural values
• financial reporting
• Hofstede cultural dimensions
• Schwartz value survey
• rokeach value survey
• codes of ethics
• tone-at-the top
• cheating