The Influence Corporate Culture of Knowledge Economy on Financial Performance of Small and Medium-Sized Enterprises

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F16%3A43890917" target="_blank" >RIV/60076658:12510/16:43890917 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
The Influence Corporate Culture of Knowledge Economy on Financial Performance of Small and Medium-Sized Enterprises
Original language description
A corporate culture is an integral part of management in small and medium-sized enterprises. However it can be often perceived as unimportant by managers. The corporate culture (together with an atmosphere, which it creates) can have a positive or a negative impact on all the activities in the enterprise. It may therefore contribute to maintenance the competitiveness and better efficiency. The paper investigates the existence of a relationship between corporate culture and financial performance. The paper deals with corporate culture, which is expressed through G. Hofstede's cultural dimensions and explores the existence of its influence on financial performance of the surveyed companies. The aim of the paper is an analysis of relationships between cultural dimensions and selected indicators through statistical methods. Thus finding out a relationship between two groups of variables (cultural dimensions and selected indicators. It can be concluded that desirable cultural dimensions of corporate culture may help enterprises to increase and maintain competitiveness.
Czech name
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Czech description
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Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Globalization and Its Socio-Economic Consequences 16th International Scientific Conference Proceedings
ISBN
978-80-8154-191-9
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
7-14
Publisher name
Univerzita v Žilině
Place of publication
Žilina
Event location
Rájecké Teplice
Event date
Oct 5, 2016
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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