“…Lyberaki and Paraskevopoulos (2002) argue that these characteristics are partly attributable to the long tradition of authoritarian statism, but they also reflect the problematic transition from the military junta to democracy in the second half of the 1970s. It can be argued that since Hofstede's research in the late 1970s, Greek managers have significantly adapted their autocratic and paternalistic national management style, conditioned by their national culture, to the international corporate culture studied abroad (Makridakis et al, 1997). In addition, the societal values and the way that companies are structured and operate have made many steps towards convergence with the rest of the EU despite the significant cultural differences (Georgas, et al, 1997;Myloni et al, 2004;Triandis et al, 1986).…”