scholarly journals Exploring Strategies to Establish an Effective Organizational Culture to Enhance Corporate Performance: A Concept Paper

2021 ◽  
Vol 12 (2) ◽  
pp. 189
Author(s):  
Y. L. Pathiranage ◽  
L. V. K. Jayatilake ◽  
R. Abeysekera
2019 ◽  
Vol 10 (6) ◽  
pp. 118
Author(s):  
Luluk Muhimatul Ifada ◽  
Imam Ghozali ◽  
Faisal Faisal

This paper aims to examine the importance of Islamic organizational culture and Islamic corporate social responsibility in improving corporate performance. The population of this study is all sharia banks in Central Java – Indonesia. By using census sampling method, 327 sharia banks are determined as samples of the study. Partial least squares (PLS) approach is applied to analyze the data. The results reveal that Islamic organizational culture has a significant role in improving Islamic corporate social responsibility, which in turn, increasing corporate performance.


2021 ◽  
Vol 11 (4) ◽  
pp. 132
Author(s):  
Ana Belén Tulcanaza-Prieto ◽  
Iliana E. Aguilar-Rodríguez ◽  
Carlos Artieda

This study examines how organizational culture influences corporate performance in the Ecuadorian service sector. The study employs four organizational culture features and twelve concepts for corporate performance using a self-designed online questionnaire, which were supplied to postgraduate students from academic programs at Universidad de Las Americas (UDLA) in Quito, Ecuador. The respondents were working as managers or employees in small Ecuadorian service firms. The operational items of the questionnaire to measure organizational culture and corporate performance were designed using the Denison model. The findings reveal a statistically positive relationship between organizational culture and firm performance. Moreover, involvement, adaptability, consistency, and mission affect the non-financial performance of the Ecuadorian service sector. Involvement is the critical determinant of the influence of organizational culture on corporate performance, while training shows the strongest association with organizational culture. This study provides a perspective on long-term organizational strategies, vision, and performance. Future research should include the characteristics of the studied firms to increase the effectiveness of the proposed model.


Author(s):  
Hajnalka Fekete ◽  
Erzsébet Dimény

A szervezeti kultúra meghatározza azokat az alapvető értékeket, feltételezéseket, értelmezéseket és megközelítéseket, amelyek a szervezetet jellemzik. A definíciók sokszínűsége is bizonyítja, hogy a szervezeti kultúrában kifejeződik mindaz, amitől a szervezet egyedi. A vállalat teljesítményét számos tényező befolyásolja, ezek lehetnek külső, a vállalkozás által nagyrészt befolyásolhatatlan tényezők, de lehetnek belső, a vállalkozás által jelentősen befolyásolható tényezők. A kihívásokra adott egyedi, szervezetenként eltérő válaszok a vállalatok eltérő stratégiáiban, szervezeti felépítéseiben és szervezeti kultúráiban – mint a vállalat által befolyásolható tényezőkben – fejeződnek ki. A szerzők dolgozatukban egy empirikus kutatás eredményeinek egy részét mutatják be, amely az említett tényezők és a vállalati teljesítmény összefüggéseit tárja fel. Jelen tanulmány a vállalati teljesítmény és a szervezeti kultúra közti kapcsolatokat vizsgálja. A cikk elemzi, hogy melyek lehetnek azok a kulturális jellemzők, amelyek elősegíthetik a vállalati teljesítmény növelését. _________ The organizational culture determines the fundamental values, assumptions, interpretations and approaches which characterize the organization. The variability of definitions evidences that everything is expressed in organizational culture that makes organization specific. Corporate performance is influenced by numerous factors, these can be external ones not to be influenced by the company, and internal ones, being influenced by the company. The individual answers to challenges are expressed in different strategies, organizational structures and culture of companies as factors to be influenced by the companies. Authors present one part of the results of an empirical research, exploring connections between the mentioned factors and organizational cultures. The article analyses which cultural characteristics can enhance corporate performance.


10.31355/20 ◽  
2018 ◽  
Vol 2 ◽  
pp. 019-035
Author(s):  
Kenneth Chukwujioke Agbim

NOTE: THIS ARTICLE WAS PUBLISHED WITH THE INFORMING SCIENCE INSTITUTE. Aim/Purpose............................................................................................................................................................................. This study seeks to examine the effect of ethical leadership on corporate governance, corporate performance and corporate social responsibility in selected Nigerian deposit money banks. Background............................................................................................................................................................................. Business ethics, corporate governance and corporate social responsibility developed as movements to check unethical and corrupt practices in organizations and by extension improve the performance of the organizations. However, the application of these measures has not yielded the desired results. This is evident in the number of top executives of corporate giants like Enron of the United States of America and Satyam of India that have been embroiled in unethical practices. In Nigeria, the corporate corruption and scandal involving top management of deposit money banks has given rise to mergers, acquisition and failure of some of the banks. Thus, this study argues that there is a missing link in the application of these measures. That missing link is ethical leadership. Methodology............................................................................................................................................................................. The study employed survey research design. Stratified sampling technique was employed to select the respondents that completed the questionnaire. The generated data were analyzed using linear regression. Contribution............................................................................................................................................................................... The study established that a robust organization can be developed by main-streaming corporate governance, corporate performance and corporate social responsibility using a nurtured ethical leader. Findings..................................................................................................................................................................................... The results reveal that ethical leadership has significant positive effects on corporate governance, corporate performance and corporate social responsibility. Recommendations for Practitioners......................................................................................................................................... Management should show more commitment in the selection and development of leaders and followers. All the stakeholders should be equally involved in the formulation of corporate governance principles. A nurtured ethical leader should be employed to mainstream corporate governance, corporate performance and corporate social responsibility through the organizational culture. Recommendation for Researchers............................................................................................................................................ The use of objective measures or better still subjective measures is suggested as a way of generalizing the present findings. Impact on Society...................................................................................................................................................................... The findings of this study will expose deposit money bank stakeholders to the consequences of ethical and unethical practices. It will create in bankers the need to abide by ethical leadership and to be whistle-blowers. The findings are expected to engender more stern monitoring measures by the banks’ regulatory agency. These measures are further expected to ensure the reinvention of the banks’ organizational culture so much so that they will contain the core values of code of ethics, corporate governance, performance and social responsibility. The outcome of the study is expected to make the regulatory agency more proactive rather than being reactive to deposit money bank matters. This will consequently put a stop to the fall in the taxes accruable to government in the event of bank failure. Future Research......................................................................................................................................................................... To generalize the findings for the whole of Nigeria, similar study should be conducted in other geopolitical zones of the country.


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