Last modified: 2022-05-06
Abstract
Sustainable development goals have gotten acute attention from researchers in the latest decades. Cultural matters are evident for sustainable development, but scientifically incorporating the importance of cultural dimensions remains a challenge. The purpose of the study is to find a link between cultural dimensions and sustainability goals. This study aims to use a compound cultural index to extend the CCI, by including the latest research results and sug-gesting a CCI covering six cultural dimensions identified in Hofstede’s cultural model. H. Yeganeh, 2011, proposed the methodology for constructing a composite cultural index, but the author included only several cultural dimensions in CCI. The authors of this paper present the analysis of fifteen sustainable development goals (SDG) in the 27 European Union countries aiming to rank countries according to the contribution of national culture to sustainable development goals. The methodology was used for panel analysis and the constructed correlation matrix performed by the authors. The finding results prove a correlation exists with four sustainable development goals, although the direction differs–one has a positive link and three–negative one. Value of the paper – the authors created a compound cultural index CCI for sustainable development studies and extended the results delivered by other authors.