(Walter Vieira is a Certified Management Consultant; and a Fellow of the Institute of Management Consultants of India (FIMC). He was a corporate executive for 14 years and pioneered marketing consulting in India in 1975. As a consultant, he has worked across the globe in four continents. He was the first Asian elected Chairman of ICMCI, the world apex body of 45 countries. He is the author of 16 books; a business columnist; visiting professor on marketing in the US, Europe and Asia. He now spends most of the time in NGO work.)
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam

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People with similar cultures are the same everywhere.
I guess it has more to do with individual behavior patterns rather than the so-called ‘organization culture ’ and hence such things are more pronounced in certain geographies across institutions of all hues.