Cultural dimension index rank are reported in the table below.
Using Gray’s hypothesis relating culture to the accounting value of secrecy,
order these six countries as relatively high or relatively low with respect to the level of secrecy you would expect to find in financial statements.
( Or, you are assigned as global CFO. The CEO has asked you the order of level of secrecy of the six countries.)
| Rank |
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| Country |
Power Distance |
Uncertainty Avoidance |
Individualism |
Masculinity |
Long-term Orientation |
| A |
81 |
37 |
23 |
34 |
82 |
| B |
5 |
62 |
66 |
36 |
98 |
| C |
43 |
51 |
34 |
60 |
8 |
| D |
1 |
30 |
5 |
96 |
55 |
| E |
41 |
49 |
18 |
78 |
72 |
| F |
12 |
71 |
11 |
50 |
88 |
| 1 = highest rank: 99 = lowest rank |
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| (note) |
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| Use the table to translate ranks to levels of rank (HIGH, MID, LOW). |
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| Ranks |
Level |
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| 1-33 |
HIGH |
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| 34-66 |
MID |
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| 67-100 |
LOW |
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| Use the table to translate levels of secrecy to points. |
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| Ranks |
Point |
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| HIGH |
3 |
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| MID |
2 |
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| LOW |
1 |
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Answer below.
| Country |
Order of level of secrecy (highest =1, lowest = 6) |
| A |
? |
