Purpose: Psychological perceptions of corporate managers are deeply inherent in their cultural background. Such an influential state of corporate managers can create versatilities regarding the different firm-level decisions. Given that, this study aims to quantify the dynamical role of national culture in determining corporate financing patterns i.e., debt and equity financing. Design/methodology/approach: The sample size includes the top 100 non-financial sector firms each from Pakistan, India, and China over the period 2007 to 2016. Hofstede’s six cultural dimensions were considered proxy...