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The dimension of long term orientation can be explained as follows.
Thus, companies in a higher long term orientation culture will take a holistic approach to balancing their economic, environmental, and social sustainability performance.
Long term orientation (LTO) is the degree to which a society embraces, or does not embrace, long-term devotion to traditional, forward thinking values.
From a cultural perspective, the corporate intention to manage sustainability in Korea and Japan can be attributed to the values of power distance, individualism and long term orientation.
Long Term Orientation correlates with economic growth.
Values associated with Long Term Orientation are thrift and perseverance; in contrast, a low score on this dimension implies values associated with Short Term Orientation: respect for tradition, fulfilling social obligations, protecting one's 'face' and expecting quick results.
Similar(51)
There's only one problem with this long-term orientation.
They also managed earnings to appeal to Wall Street's short-term orientation.
He added that the monthly numbers encourage "a short-term orientation, which is not the way to run a business".
But are German policy makers so wrong in their long-term orientation?
This short-term orientation on executive pay extends well beyond the financial industry.
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