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Organizational culture as a complex phenomenon has been subjected to numerous researches in the economic science and corporate practice, among which the analysis of the influence of organizational culture on financial performance has an important place, with the basic goal of understanding the...
Persistent link: https://www.econbiz.de/10014372802
Berkshire Hathaway, among history's largest and most successful corporations, shuns middlemen; its chairman, the legendary investor Warren Buffett, excoriates financial intermediaries. The acquisitive conglomerate rarely borrows money, retains brokers, or hires consultants. Its governance is...
Persistent link: https://www.econbiz.de/10011758401
The author’s main aim is to identify the factors with major influence on the organizational culture and on the cultural climate of the Romanian metallurgic companies which are in the process of European integration. The analysis was based on direct observations regarding the organizational...
Persistent link: https://www.econbiz.de/10010895391
Meteoric growth in all spheres of economic activity propelled by rapid advancement in technology has profoundly impacted humanity mainly due to the globalization wave which was ushered in several countries in the early nineties of the last century. Economic volatilities coupled with geo...
Persistent link: https://www.econbiz.de/10012920148
This essay on Corporations is a chapter in an upcoming volume on economic theology edited by Stefan Schwarzkopf.The secular study of corporations has long regularly focused on three sets of concerns: (1) Is the idea of corporate “personhood” only a convenient shorthand for a complex set of...
Persistent link: https://www.econbiz.de/10012850918
This study examines whether the corporate cultural similarity between a target and an acquiring firm influences the acquiring managers' decision to abandon a corporate acquisition attempt conditional on the acquiring firm's stock price reaction at the announcement of the deal. We find that...
Persistent link: https://www.econbiz.de/10012838158
The system of beliefs and values, that shaped the model for management and organizations during the 20th century, is … satisfaction a new model is needed. In this paper, we will propose that both Management by Instructions (MBI) and Management by … Objectives (MBO) today give notoriously inadequate results. By contrast, description of a new approach labeled: Management by …
Persistent link: https://www.econbiz.de/10014150115
Although the sustainable development (SD) is associated with the triple balance of economic, social and environmental areas, we raised a question: whether it is an achievable goal for ordinary business units to develop sustainably. The theoretical research substantiates the contradictory essence...
Persistent link: https://www.econbiz.de/10011989211
This paper presents the results of a field study at a large financial services firm that combinesmultiple methods, including two economic experiments, to measure ethical norms and theirbehavioral correlates. Standard survey questions eliciting ethical evaluations of actions in on-thejobethical...
Persistent link: https://www.econbiz.de/10009353903
Persistent link: https://www.econbiz.de/10010301008