Linking organizational culture with financial performance
A literature review
DOI:
https://doi.org/10.36096/brss.v2i1.171Keywords:
Financial Performance, Organizational Culture, Firm Performance, InnovationAbstract
Organizational culture and firm performance are some of the most researched topics in management because of their importance to organizations. Many studies have explored the relationship between organizational culture and firm performance. The aim of the study is to link organizational culture and firm financial performance and this link was explained by conducting a literature review. The paper investigated the linking organizational culture and financial performance and found that there are different types of organizational cultures and all of them affect the performance of organizations.
Downloads
References
Abu-Jarad, I. Y., Yusof, N. A., & Nikbin, D. (2010). A review paper on organizational culture and organizational performance. International Journal of Business and Social Science, 1(3), 26-46.
Ahmet, P. (1998) culture and climate for innovation. European journal of innovation management. 1(1), 30-43 https://doi.org/10.1108/14601069810199131
Armstrong, M. (2006). A Handbook of Human Resource Management Practice (11th edition ed.). London and Philadelphia: Kogan Page.
Balu, R. (2000). Pacific Edge Proje cts Itself. Fast Company, 371-381.
Barney, J. B. (1986). Organizational culture: can it be a source of sustained competitive advantage? Academy of management review, 11(3), 656-665.
Bart, C. K., Bontis, N., & Taggar, S. (2001). A model of the impact of mission statements on firm performance. Management decision. 39(1), 19-35. https://doi.org/10.1108/EUM0000000005404
Bollinger, A. S. (2001). Managing Organizational Knowledge as a Strategic Asset. Journal of Knowledge Management, 5(1), 8-18. https://doi.org/10.1108/13673270110384365
Boyle, M. (2005). The Wegmans Way. Fortune 151(2) 62-68.
Boyle, M. (2008). 100 Best Companies to Work For: The Rankings. Fortune 75 - 94.
Cui, X., & Hu, J. (2012). A literature review on organization culture and corporate performance. International Journal of Business Administration, 3(2), 28. http://dx.doi.org/10.5430/ijba.v3n2p28
Daft, R. (2002). Organization Theory and Design. (7th ed.) . Thomson Learning: South-Western College Publishing.
Daft, R. L. (2010). Organization Theory and Design Mason: South-Western Cengage Learning.
De Marchi, V., & Grandinetti, R. (2013 ). Knowledge strategies for environmental innovations: the case of Italian manufacturing firms. Journal of knowledge management, 17 (4), 569 - 582.
Denison, D. R., & Mishra, A. K. (1995). Toward a theory of organizational culture and effectiveness. Organization science, 6(2), 204-223.
Hannan, M. T., & Freeman, J. (1977). The population ecology of organizations. American journal of sociology, 82(5), 929-964.
Hansen, G. S., & Wernerfelt, B. (1989). Determinants of firm performance: The relative importance of economic and organizational factors. Strategic management journal, 10(5), 399-411.
Jacobs, R., Mannion, R., Davies, H. T., Harrison, S., Konteh, F., & Walshe, K. (2013). The relationship between organizational culture and performance in acute hospitals. Social science & medicine, 76, 115-125.
Kotter J.P, H. J. (1992). Corporate culture and performance. New York: Free press.
Kotter. (2011). Does corporate culture drive financial performance? Retrieved from www.forbes.com/: https://www.forbes.com/sites/johnkotter/2011/02/10/does-corporate-culture-drive-financial-performance/#490dac487e9e
Martins, E. &. (2003). Building organisational culture that stimulates creativity and innovation. European journal of innovation management, 6(1), 64-74. https://doi.org/10.1108/14601060310456337
Reichers, A. E. (1990). Climate and culture: An evolution of constructs. In B. Schneider (Ed.), Organizational climate and culture. San Francisco: Jossey-Bass.
Ricardo, R. (2001). Corporate performance management: how to build a better organization through measurement-driven strategic alignment. Oxford: Butterworth-Heinemann.
Samad, S., Alghafis, R., & Al-Zuman, A. (2018). Examining the effects of strategic management and organizational culture on organizational performance. Management Science Letters, 8(12), 1363-1374.
Sara Kehaulani Goo. (2006). Building a ‘Googley’ Workforce; Corporate Culture Breeds Innovation. The Washington Post.
Tseng, S.-M. (2010). The correlation between organizational culture and knowledge conversion on corporate performance. Journal of Knowledge Management, 14(2), 269-284. https://doi.org/10.1108/13673271011032409
Yesil, S., & Kaya, A. (2013). The effect of organizational culture on firm financial performance: Evidence from a developing country. Procedia-Social and Behavioral Sciences, 81, 428-437.
Zhao, H., Teng, H., & Wu, Q. (2018). The effect of corporate culture on firm performance: Evidence from China. China Journal of Accounting Research, 11(1), 1-19. http://dx.doi.org/10.1016/j.cjar.2018.01.003
Downloads
Published
Versions
- 2020-12-05 (2)
- 2020-02-25 (1)
How to Cite
Issue
Section
License
Copyright (c) 2020 Muhannad Abu Mahfouz, Daud Ahmed Muhumed
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Bussecon Review of Social Sciences by Bussecon International Academy is licensed under a Creative Commons Attribution 4.0 International License.
