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Thus, given the similarity between Hofstede's cultural values of power distance (PDI) and the long term orientation (LTO), we can conclude that both values are applicable in explaining the influence on the intention of companies to adopt sustainability practices.
While the power distance (PDI) values as well as the long term orientation (LTO) values show similar results between Hofstede's values and our analysis, the individual-collectivist (IDV) value dimension shows differences.
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The long-term orientation value dimension is relevant insofar as it indicates the focus of activity towards external stakeholders (Schaltegger and Burritt 2015).
The long-term orientation of actors in this scenario contributes to a stable investment climate, particularly favourable for blue biotechnology, offshore wind and ocean renewable energy.
Farla et al. [24] argue that because of the long-term orientation and prospective nature of transition processes, the transitions literature is closely connected to technology forecasting and futures analysis.
Recent research on family firms has led us to understand that certain characteristics of family firms, such as the differences in family involvement and the long-term orientation of family members, may affect many different aspects of the firm (Chrisman et al. 2010; Gedajlovic and Carney 2010; Ling and Kellermanns 2009; Le Breton-Miller and Miller 2006; Peng and Jiang 2010).
How then, does one explain the long-term orientation ranking of 56? Rather than an indication of a nation "straddling the fence," between short-term and long-term orientation, this may instead point to a society at odds with its future.
The dimension of long term orientation can be explained as follows.
In many researches done, it has been concluded that computer supported programs provided long term orientation by increasing the motivation of the individuals with a disability and that they enjoyed working at the computer.
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.
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