Two studies define link between corporate culture and business performance

1993 ◽  
Vol 20 (2) ◽  
pp. 141-157 ◽  
Author(s):  
Thomas Rollins
2018 ◽  
Vol 22 (01) ◽  
pp. 1850009 ◽  
Author(s):  
A. ZAFER ACAR ◽  
MEHTAP ÖZŞAHIN

Today’s complex and competitive business environment restricts the managers to plan their futures strategically. Thus, strategic orientation approach is taking the place of traditional approach to strategic management by spreading strategic thinking to the employees like a corporate culture. The aims of this study are to explore the mutual relationships among market orientation, technology orientation, and organizational innovativeness, and to examine the joint effects of those key drivers on firm performance, and to advance the understanding of the role of the strategic orientations of the firms. Due to the general structure of the research model, a questionnaire survey on 161 manufacturing firms has been concluded. According to analysed data a strong relationship between strategic orientations and the firm performance is indicated. Foremost, the results show that product innovation can significantly assist a competitor-oriented firm in improving its financial performance, while a technology-oriented firm improving its growth and market performance.


2014 ◽  
Vol 4 (2) ◽  
Author(s):  
Pilar Ortiz García ◽  
Ángel Olaz Capitán ◽  
Juan Monreal Martínez

The influence of the family on a business, its commitment to the company and the values it conveys form a capital capable of influencing the global development of a business. This research analyzes family capital and in particular its cultural components as a resource influencing the direction of the company. Corporate culture as a guiding philosophy for family business strategy is a key factor in its success. In short, the cultural capital of a family business is a capacity for empowerment. The sharing of values and an agreed definition of the business mission and its beliefs exert an element of cohesion among its human resources giving competitive advantage. The issue is to understand how business performance is influenced. 


2020 ◽  
Vol 13 (5) ◽  
pp. 1050-1067
Author(s):  
Alan Diógenes Góis ◽  
Márcia Martins Mendes De Luca

Purpose – Within the framework of Resource-Based View (RBV) we evaluated the relationship between corporate culture and superior business performance in a sample of 62 Latin American firms traded on the NYSE.Design/methodology/approach – Data retrieved from 20-F forms and the CRSP database, covering the period 2011-2016, was submitted to multiple linear regression with robust errors and random effects. Findings – Our results revealed that i) the 7 Latin American countries represented in the sample displayed a very similar mix of corporate culture, with a slight predominance of the competitive type, ii) less indebted and larger firms attained higher levels of superior business performance, and iii) auditing by one of the Big Four was associated with better performance in firms with competitive and creative culture. In the multiple regression analysis, creative culture was the best explanatory factor of superior corporate performance. Thus, we conclude that a culture with an emphasis on innovation generates competitive advantage.Originality/value – The organizations should make efforts to understand and manage the dynamics of corporate culture, harnessing their own dominant culture in the quest for superior corporate performance. As posited by RBV, our results show that investment in creative and innovative culture is particularly favorable to the creation of competitive advantage and, consequently, business performance.


2020 ◽  
Author(s):  
Boris Miethlich

Work enables participation in society. However, people with disabilities are particularly often affected by unemployment and thus by social exclusion. The social inclusion of people with disabilities, by promoting employment, can only be achieved by companies themselves. Deliberately employing people with disabilities, therefore, represents an important social responsibility of companies towards society. Evidence from the literature shows that corporate social responsibility (CSR) initiatives, as well as social inclusion, are more than just a commitment and can bring various benefits to a company. The aim of the present study is therefore to analyse the case for promoting the employment of people with disabilities to show whether and to what extent social inclusion as part of the CSR strategy can contribute to strengthening the competitiveness of companies. The topic is viewed and analysed from different perspectives, using five dedicated journal papers, mainly based on qualitative data. The results reveal first insights as well as trends and tendencies and provide a basis for subsequent studies. They show that social inclusion as part of the CSR strategy can increase a company's competitiveness and business performance, presumed the company succeeds in creating a corporate culture that accepts and promotes social inclusion on one hand and creates awareness for CSR initiatives among stakeholders on the other. Simultaneously, governmental frameworks that respond positively to and expect sustainable development or social inclusion can provide additional and significant support to these concerns. Due to the limited literature and research on the subject, further research is necessary. In particular, there is a lack of best practice approaches on how social inclusion can be promoted in companies and implemented in CSR strategies.


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