scholarly journals Model Recommended Values of Corporate Culture for Industrial Companies in Slovak Republic

2017 ◽  
Vol 25 (41) ◽  
pp. 43-50
Author(s):  
Petra Urbanovičová ◽  
Justína Mikulášková ◽  
Miloš Čambál
Keyword(s):  
Corporate Culture ◽  
Business Performance ◽  
Slovak Republic ◽  
Corporate Values ◽  
Industrial Companies ◽  
Sustainable Performance ◽  
Characteristic Features ◽  
Level Of Significance ◽  
Value Model ◽  
The Impact

Abstract The main objective of the paper is to describe the recommended values model of corporate culture and supporting business performance for industrial companies operating in the Slovak Republic. This model was developed on the basis of research results within the STU Project to support young researchers entitled “Changing the potential of the company´s success using the principles of spiral management and its impact on corporate culture”. The current paper is a part of submitted VEGA project No.1/0348/17 “The impact of the coexistence of different generations of employees on the sustainable performance of organisations”. This model will be the basis for defining corporate values and developing or changing corporate culture for the companies operating on or coming (from abroad) to the Slovak market. The characteristic features of the value model are simplicity, complexity and applicability. This model takes into account the current situation on the Slovak market. The values of this model have a different level of significance given and each value is defined by the specified principles.

scholarly journals DECLARATION OF CORPORATE VALUES BY MANAGERS AS A TOOL FOR ORGANISATIONAL PERFORMANCE MANAGEMENT

2012 ◽  
Vol 3 (1) ◽  
pp. 120-125
Author(s):  
Jaromíra Vaňová ◽  
Zdenka Gyurák Babeľová
Keyword(s):  
Performance Management ◽  
Corporate Culture ◽  
Cultural Norms ◽  
Company Performance ◽  
Corporate Values ◽  
Industrial Enterprises ◽  
Multicultural Environment ◽  
Sustainable Performance ◽  
And Performance ◽  
Performance Satisfaction

Care of corporate culture formation is a prerequisite for corporate values promotion. Cultural norms and system of values provide an orientation to company members during managing and reviewing their behaviour and decision-making with regard to business objectives. If managers will accept corporate culture and values, and exemplary declare adopted values, it will influence satisfaction and performance of employees and also company performance. The contribution is a part of research project VEGA 1/0787/12 “The identification of sustainable performance key parameters in industrial enterprises within multicultural environment”. It is based on research realized in conditions of business practice in Slovakia. Article focuses on how are set, reviewed and promoted corporate goals and values in companies in Slovakia. There are presented introductory information related to company and employees’ performance and their relation to the corporate culture. The research was focused on reviewing how managers, through they acting in compliance with company mission and vision influence attitudes of employees. The contribution discusses the effect, which company can have from such a declaration of corporate values by managers in company. Therefore, in the article are presented, not only outcomes of this research, but also experience and recommendations of authors. Key words: corporate culture, employees, performance, satisfaction.

scholarly journals How Millennials Affect Corporate Culture

2019 ◽  
Vol 27 (s1) ◽  
pp. 76-83
Author(s):  
Petra Urbanovičová ◽  
Justína Mikulášková ◽  
Miloš Čambál ◽  
Milan Edl
Keyword(s):  
Corporate Culture ◽  
Materials Science ◽  
Science And Technology ◽  
Age Composition ◽  
Research Results ◽  
Sustainable Performance ◽  
Generation Z ◽  
The Impact

Abstract Corporate culture is made by the company´s employees. However, their age composition is different and is members of different generations that interact. Every generation brings with it something new, not only positive but also negative. Therefore, each generation should work together to eliminate the negative aspects and highlight the benefits of each generation and exploit them to their advantage. Each of the generations influences the corporate culture in different ways. The aim of the paper is to point out the results of research, which was realized at Faculty of Materials Science and Technology in Trnava and focused on individual generations of employees. We draw attention especially to the Generation Z, its impact on corporate culture and the new “wind” that it brings. This paper was written on the basis of research results of VEGA project No.1/0348/17 “The impact of the coexistence of different generations of employees on the sustainable performance of organisations”.

scholarly journals Capacidade tecnológica e compartilhamento de informação: efeitos sobre o desempenho ambiental sustentável de empresas industriais

2020 ◽  
Vol 13 ◽  
pp. 1175-1192
Author(s):  
Silvânia Da Rocha Medeiros Vila Nova ◽  
Claudia Cristina Bitencourt
Keyword(s):  
Organizational Performance ◽  
Information Sharing ◽  
Environmental Performance ◽  
Quantitative Research ◽  
Positive Impact ◽  
Technological Capability ◽  
Organizational Variables ◽  
Industrial Companies ◽  
Sustainable Performance ◽  
The Impact

Purpose – To analyze the impact exerted by the technological capability and the influence exercised by information sharing on sustainable environmental performance.Design/methodology/approach – Quantitative research using sample with 148 industrial companies and application of multivariate analysis for verification of hypotheses.Findings – The results indicate that technological capability has a direct and positive impact on environmental performance and information sharing has a significant moderating effect on this impact.Research limitations/implications – The research investigates direct impact and moderation relationships, not extending the analysis to other types of relationships, effects and influences, which may be investigated in future research.Practical implications – The simultaneous influence of technological capability and information sharing on sustainable environmental performance contributes to broadening the set of variables and relationships with potential to boost organizational performance.Social implications – Managers of organizations can improve sustainable performance by building technological capability and encouraging the sharing of knowledge and information by their teams.Originality/value – This study explores simultaneous effects of organizational variables with potential to drive sustainable environmental performance, adding new possibilities for analysis and identification of factors that can interfere with organizational performance.

scholarly journals Modelling of capital structure in relation to business performance maximization

2018 ◽  
Vol 15 (2) ◽  
pp. 292-304
Author(s):  
Jarmila Horvathova ◽  
Martina Mokrisova ◽  
Lucia Dancisinova
Keyword(s):  
Capital Structure ◽  
Business Performance ◽  
Slovak Republic ◽  
Multiple Regression Model ◽  
Financial Risks ◽  
Gradual Change ◽  
Performance Modelling ◽  
And Performance ◽  
The Impact ◽  
The Capital Structure

The aim of the article was to find out the optimal capital structure of the companies in relation to their maximum performance. To reach this aim, the data of the companies operating in the field of heat industry of the Slovak Republic were used. As the first method, a correlation matrix was applied. It was found out that there is statistically significant relationship between capital structure indicators and performance of the companies. Due to the lack of data in time series, the authors were not able to apply multiple regression model to assess the impact of these indicators on performance. Therefore, a method of modelling was used to analyze the impact of the change in capital structure on performance. Modelling was based on the principle of a gradual change in the capital structure in favor of debt. By the increase in debt, it was confirmed that there was a change in the values of selected indicators. In the course of analysis, it was confirmed that the value of EVA equity increased with the rising indebtedness by which the proposition I of the modified MM theory was supported. The performance expressed by EVA entity indicator is at its minimum when the capital structure is 90:10 in favor of equity. By increasing the debt, EVA entity rises. Based on these results, it can be stated that the performance of selected companies increases when the share of debt also rises, even when taking into account the rising financial risks.

scholarly journals Stigma hurts: exploring employer and employee perceptions of tattoos and body piercings in Nigeria

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Toyin Ajibade Adisa ◽  
Olatunji David Adekoya ◽  
Kareem Folohunso Sani
Keyword(s):  
Corporate Culture ◽  
Social Stigma ◽  
Individual Preference ◽  
Research Approach ◽  
Structured Interviews ◽  
Job Interviews ◽  
Corporate Values ◽  
Content Type ◽  
The Individual ◽  
The Impact

PurposeThis study draws on social stigma and prejudice to examine the perceptions and beliefs of managers and employees regarding visible tattoos and body piercings, as well as the impact they have on potential employment and human resource management in the global South, using Nigeria as the research context.Design/methodology/approachThe study uses a qualitative research approach, drawing on data from 43 semi-structured interviews with employees and managers in Nigeria.FindingsContrary to the popular opinion that tattoos and body piercings are becoming more accepted and mainstream in society, this study finds that some Nigerian employers and employees may stigmatise and discriminate against people with visible tattoos and body piercings. The findings of this study suggest that beliefs about tattoos are predicated on ideologies as well as religious and sociocultural values, which then influence corporate values.Research limitations/implicationsThe extent to which the findings of this research can be generalised is constrained by the limited sample and scope of the research.Practical implicationsReligious and sociocultural preconceptions about people with visible tattoos and body piercings have negative implications for the recruitment and employment of such people and could prevent organisations from hiring and keeping talented employees. This implies that talented employees might experience prejudice at job interviews, preventing them from gaining employment. Furthermore, stigmatising and discriminating against people with visible tattoos and body piercings may lead to the termination of employment of talented employees, which could negatively affect organisational productivity and growth.Originality/valueThis study provides an insight into the employment relations regarding tattoos and body piercing in Nigeria. The study highlights the need for mild beliefs and positive perceptions about people with visible tattoos and unconventional body piercings. There should be a general tolerance of the individual preference for body art and physical appearance, and this tolerance should be incorporated in organisational policies, which are enactments of corporate culture.

scholarly journals Influence of Ethical Components on the Development of Corporate Culture of Telecommunication Enterprises

2021 ◽  
Vol 8 (523) ◽  
pp. 196-203
Author(s):  
O. Y. Guseva ◽  
◽  
N. M. Sukurova ◽  
Keyword(s):  
Corporate Culture ◽  
Corporate Values ◽  
Management Personnel ◽  
World Markets ◽  
Close Relationship ◽  
Ethics Code ◽  
Ethical Norms ◽  
Telecommunication Enterprise ◽  
Business Entities ◽  
The Impact

The article explains the essence and features of the development of corporate culture of telecommunication enterprises; certain elements of corporate culture are studied, including ethical; the problems of its formation, evaluation and development are generalized. The article is aimed at researching the influence of ethical components on the development of the corporate culture of telecommunication enterprises on the basis of determining the main ethical components of the culture of business entities. It is proved that the main ethical components of the corporate culture of the telecommunication enterprise are: corporate values, ethics code, principles of management, personnel policy, principles of work with personnel. Determination of the impact of these components on the development of corporate culture was carried out on the basis of rating. It is determined that the group of ethical components and, accordingly, the criterion of «ethical norms and principles of management» is one of the four criteria by which the level of the corporate culture of enterprise be evaluated. The carried out computation showed that the level of development of ethical norms in telecommunication enterprises is quite high: the ratio of the value of the level of development of corporate culture to the reference indicator ranges from 0.71-1. The carried out analysis of ethical components of large telecommunication enterprises with a developed corporate culture allowed to identify the tendency of close relationship between these two characteristics. The criteria that indicate the development of corporate culture are substantiated and the idea of the significance and necessity of further development of ethical components for the successful long-term functioning of enterprises in both the domestic and the world markets are formed.

scholarly journals Managing core university business performance in the wake of ‘fees must fall’ context: a legitimacy theoretical perspective

2016 ◽  
Vol 5 (4) ◽  
pp. 31-40 ◽  
Author(s):  
Pumela Msweli ◽  
Timothy Hutton
Keyword(s):  
Higher Education ◽  
Success Rate ◽  
Business Performance ◽  
Theoretical Perspective ◽  
Jel Classification ◽  
Performance Model ◽  
The Body ◽  
Policy Implications ◽  
Sustainable Performance ◽  
The Impact

This paper uses the legitimacy theory as a lens to identify the most sustainable performance model to defend and maintain the legitimacy of higher education institutions in the midst of ‘fees must fall’ crisis. The body of evidence presented demonstrates that universities have at least seven critical stakeholders that control resources needed for survival, growth and legitimacy. Using this evidence, this study builds a model that looks at the impact of fee income and workload on success. The model was tested using annual time series panel data for the period 2009-2013 across 23 public universities in South Africa. The model examined the effect of fee income and workload on success rate. Basing the arguments on the notion that students are a critical constituency, with a strong influence on the amount of fee income an institution may amass, the model tested the relationship between performance and fee income using success rate as a proxy for performance. The findings showed that not only is fee income a stronger predictor of success rate, but also that fee income is negatively related to success rate of students. Policy implications of the findings are discussed. Keywords: higher education, fee income, institutional theory, performance legitimation, workload model. JEL Classification: I23, D31, L26

scholarly journals Sustainable innovation practices and their relationship with the performance of industrial companies

2019 ◽  
Vol 26 (2) ◽  
pp. 94-111 ◽  
Author(s):  
Jordana Marques Kneipp ◽  
Clandia Maffini Gomes ◽  
Roberto Schoproni Bichueti ◽  
Kamila Frizzo ◽  
Ana Paula Perlin
Keyword(s):  
Business Performance ◽  
Wide Distribution ◽  
Limiting Factors ◽  
Company Performance ◽  
Content Type ◽  
Industrial Companies ◽  
Research Survey ◽  
Sustainable Innovation ◽  
Innovation Practices ◽  
The Impact

Purpose Conditioning factors of the globalized world have created new requirements and opportunities in developing management models for organizations that englobe sustainability aspects, which presume substantial investments in innovation. Therefore, the purpose of this paper is to analyze the relation between sustainable innovation practices and the performance of industrial companies. Design/methodology/approach This was a quantitative study and carried out by applying a research survey in Brazilian industrial companies. Findings The results showed that there are significantly positive associations between several variables related to sustainable innovation practices and company performance, being, therefore, possible to confirm the original proposed hypothesis. Research limitations/implications The main limiting factors were theoretical choices, comprehension of the phenomenon through the perception of the respondents, and the number of companies in the sample, as little representation was found in the researched population. In this manner, the results cannot be applied to the universe of considered research, being restricted solely to the group of companies in the sample. Practical implications From the main contributions, it is possible to highlight, at a theoretical level, the joint approach to issues of sustainable innovation and performance, since there are few studies covering the impact of adopting innovation practices on company performance. At a practical level, understanding of how the behavior of Brazilian industrial companies contributes to the wide distribution of practices that may contribute to better business performance and generate competitive advantages. Social implications At a social level, understanding of the benefits in adopting sustainable innovations practices favors the minimization of negative socio-environmental impacts. Originality/value By analyzing the themes of sustainable innovation and industrial performance, the present study may contribute to adopting business behavior that strategically and systemically integrates the objectives of sustainable innovation.

scholarly journals Concept of Corporate Culture in the Context of Age Diversity

2019 ◽  
Vol 27 (s1) ◽  
pp. 49-57
Author(s):  
Miroslava Mĺkva ◽  
Jaromíra Vaňová ◽  
Peter Szabó ◽  
Anikó Danyi-Boll
Keyword(s):  
Competitive Advantage ◽  
Corporate Culture ◽  
Positive Interaction ◽  
Industrial Enterprises ◽  
Sustainable Performance ◽  
Age Diversity ◽  
Generational Groups ◽  
The Impact ◽  
Strategic Goal

Abstract The strategic goal of businesses is to secure a long-term competitive advantage, to differentiate themselves from other businesses and to succeed in the market. Corporate culture is what distinguishes an organization from others and cannot be easily imitated. Culture issues, the need for interaction and understanding are becoming an important part of business behaviour between employees and individual groups. In the paper we present a part of the results of the research carried out within the frame of VEGA project No. 1/0348/17 „The impact of the coexistence of different generations of employees on the sustainable performance of organisations”. The aim of the project was to explore the potential of positive interaction between individual generations of employees and its use to achieve sustainable performance of organizations in the conditions of multigenerational communities. We focus on corporate culture and selected factors that influence its manifestations and formation. In the research we also found out how important the selected factors are and how individual generational groups of employees in industrial enterprises in Slovakia perceive them. The results of the research confirmed the differences in employee expectations and their fulfilment.

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