Corporate cultures and financial performance: The mediating role of firm innovation

Silwal, Prem Prasad

doi:10.1080/23311975.2021.2010480

Cited by 13 publications

(7 citation statements)

References 57 publications

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“…Several empirical studies indicate that OC significantly and directly impacts AIS (Ha, 2020;Kwarteng & Aveh, 2018;Silwal, 2022) the quality of AIS (Binh, Tran, & Vu, 2022;Nurliyani, Darma, & Ikhsan, 2020), and the outcome of AIS (Qatawneh, 2023). Thus, the majority of empirical studies provide evidence that OC has a significant influence on information systems in organizations.…”

Section: Organizational Culture and Accounting Information Systemmentioning

confidence: 99%

The role of organizational culture in the performance of SMEs in Vietnam during the economic crisis

Tuan,

Dung

2024

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This study examines whether the financial crisis caused by the COVID-19 pandemic and the economic downturn will affect the role of organizational culture in the performance of SMEs in Vietnam. Specifically, the study aims to evaluate changes in the OC of SMEs during and after the crisis. Survey data used for analysis includes 202 SMEs in Vietnam. It was collected from January 2023 to March 2023. The research used the Denison culture model. SmartPLS 4.9.0.2 software was used to test the research model and compare cultural changes before and during the crisis. The findings suggest that organizational culture has a positive relationship with both accounting information systems (AIS) and organizational performance, but only adaptability affects corporate performance. Furthermore, AIS is positively related to the corporate performance of SMEs. The study shows that organizational culture, including involvement, consistency, and mission, is eroded during a crisis, supporting the theory that economic crises hurt corporate culture. Additionally, repeated research confirms that organizational culture positively affects AIS and that AIS positively affects organizational performance regardless of economic crisis. The results provide indicators for managers on how to promote sustainable business development. It is important for SMEs to establish a cultural identity that aligns with their goals and strategies to minimize conflicts of interest and improve competitiveness.

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Section: Organizational Culture and Accounting Information Systemmentioning

confidence: 99%

The role of organizational culture in the performance of SMEs in Vietnam during the economic crisis

Tuan,

Dung

2024

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“…Diffusion of innovation is influenced by many different elements, including society, population, economy and culture (Rogers, 2010). Silwal (2021) investigated how culture can influence the innovative success of Nepali businesses. Primary evidence from over 200 participants backs up the claim that religious affiliation is a cultural element that affects the rate of innovation.…”

Section: Review Of Literaturementioning

confidence: 99%

Does religion impact corporate innovation in developing countries?

Usman

Chaudhry

et al. 2023

JIABR

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Purpose This study aims to examine how religion affects corporate innovation in developing countries. Design/methodology/approach Firm- and country-level indicators are used to evaluate the relationship. The study's final sample consists of manufacturing firms from 41 developing countries across different world regions from 2014 to 2018. Findings This paper finds that firms operating in more religiously diverse countries with lower religious restrictions are likely to be more innovative. Furthermore, secularization stimulates corporate innovation in contrast to traditional religious societies. Interestingly, results also indicate that religion hinders corporate innovation by restraining its followers’ involvement in innovative activities under risk, which downgrades corporate innovation culture. Research limitations/implications This study used data from nonfinancial firms from developing countries; therefore, the study's findings could be generalized to other developing economies with caution, as economies operating at different stages of development can have different outcomes from the proposed relationship. The study findings are important for innovative firms, as they can take advantage by segmenting the population based on religious and atheist groups. Results also have some implications for developing countries to foster firm-level innovation through constructing effective policies and ensuring the development of diverse and free religious societies because such societal traits increase corporate innovation and are fruitful for national competitiveness and growth. Originality/value This study contributes to institutional economics and corporate innovation by exploring the link between religion and economic development through the innovation channel and analyzing the latest cross-country evidence. It is a pioneering work in empirical comparison of influence on innovations of different religions.

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“…Peningkatan yang diamati dalam metrik inovasi, termasuk jumlah peluncuran produk yang sukses dan pengajuan paten, mendukung gagasan bahwa budaya organisasi yang positif meningkatkan hasil inovasi (Arsawan et al, 2020;Brillo et al, 2015;Nguyen et al, 2019;Patroni et al, 2016;Silwal, 2022). Dedikasi perusahaan untuk berinvestasi dalam penelitian dan pengembangan semakin menyoroti dampak nyata dari budaya yang mendukung dalam mendorong inovasi berkelanjutan dan beradaptasi dengan tuntutan pasar.…”

Section: Dampak Budaya Organisasi Terhadap Hasil Inovasiunclassified

Pengaruh Budaya Organisasi Terhadap Inovasi Pada Perusahaan Teknologi: Studi Deskriptif Pada Startup XYZ Di Kota Bandung

Al Qusaeri,

Sunarni,

Khasanah

et al. 2023

manaj.

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Dalam lanskap teknologi yang serba cepat dan selalu berubah saat ini, peran budaya organisasi dalam mendorong inovasi telah menjadi bidang minat penting bagi perusahaan teknologi. Studi deskriptif ini menguji pengaruh budaya organisasi terhadap inovasi di XYZ Startup, sebuah perusahaan teknologi terkemuka yang berlokasi di Kota Bandung. Penelitian ini menggunakan pendekatan metode campuran, menggabungkan data kualitatif dari wawancara semi-terstruktur dan analisis dokumen dengan data kuantitatif dari survei karyawan dan metrik inovasi. Temuan mengungkapkan bahwa XYZ Startup memupuk budaya kewirausahaan yang ditandai dengan pengambilan risiko, kreativitas, dan komunikasi terbuka. Kepemimpinan visioner para pendiri berperan penting dalam membentuk budaya ini, menginspirasi karyawan untuk berpikir kreatif dan mengambil risiko yang telah diperhitungkan. Survei karyawan menunjukkan persepsi positif tentang budaya organisasi, dengan karyawan merasa diberdayakan untuk mengusulkan ide-ide baru dan memiliki kebebasan untuk bereksperimen. Metrik inovasi perusahaan menunjukkan peningkatan penting dalam peluncuran produk yang sukses, pengajuan paten, dan pengeluaran penelitian dan pengembangan, yang mencerminkan dampak nyata dari budaya pendukung pada hasil inovasi. Penelitian ini menggarisbawahi pentingnya budaya organisasi dalam mendorong inovasi dalam startup teknologi. Implikasi studi menunjukkan bahwa menumbuhkan budaya kewirausahaan, memberdayakan karyawan, mempromosikan kolaborasi, dan berinvestasi dalam penelitian dan pengembangan adalah strategi penting bagi perusahaan teknologi yang ingin meningkatkan kemampuan inovatif mereka.

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Corporate cultures and financial performance: The mediating role of firm innovation

Cited by 13 publications

References 57 publications

The role of organizational culture in the performance of SMEs in Vietnam during the economic crisis

The role of organizational culture in the performance of SMEs in Vietnam during the economic crisis

Does religion impact corporate innovation in developing countries?

Pengaruh Budaya Organisasi Terhadap Inovasi Pada Perusahaan Teknologi: Studi Deskriptif Pada Startup XYZ Di Kota Bandung

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