The relationship between machistic tendencies and budgeting: A cross-cultural study

Increasing globalization in business heightens the importance of understanding cultural differences and their effects on business practice. In this light, an empirical cross-cultural study comparing U.S. and Latin American respondents was made to determine the relationship between machistic tendencies and budgeting. Though difficulty was experienced in defining the machism variable, three stereotypes, Chauvinist, Classic, and Aggressive, were identified. These stereotypes are associated with one's cultural orientation (Latin American or U.S.) and predicted budgetary behavior in terms of budget procedural attitude, culpability, and risk attitude.