Organizational Culture and Corporate Sustainable Development: Evidence from Greece

Deirmentzoglou, Georgios A.; Agoraki, Konstantina K.; Fousteris, Andreas E.

doi:10.30845/ijbss.v11n5a9

Cited by 6 publications

(5 citation statements)

References 27 publications

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“…This is a multidimensional topic given that the extant literature thus far follows two main strands focussing on the critical aspects of sociology and anthropology and several economic, environmental and social dimensions of sustainability. This study is consistent with similar studies on cultural values and their relationships with different aspects of businesses (Deirmentzoglou et al , 2020; Kim and Kim, 2010; Scholtens and Dam, 2007). However, it differentiates itself from and contributes to the literature by examining the critical role of cultural values in the perceptions of the three aspects of corporate SD (CSD): economic, social and environmental.…”

Section: Introductionsupporting

confidence: 93%

The nexus between cultural values and perceptions of corporate sustainable development

Deirmentzoglou

Agoraki

Patsoulis

2023

SRJ

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Purpose This study aims to investigate the influence of cultural values on perceptions of corporate sustainable development (CSD). In recent years, the intensity of the connection between cultural values and SD has been a heavily debated topic. Subsequently, this issue has gained considerable attention from management academics. Design/methodology/approach To shed light on this phenomenon, this study uses econometric techniques (linear regression) and conducts a survey of business executives in medium and large firms to search for evidence that cultural values significantly affect perceptions of CSD. Findings The findings indicate that forward-looking executives who envision themselves as individuals rather than members of a group exhibit more positive perceptions of CSD practices than the rest. Originality/value To the best of the authors’ knowledge, this is the first empirical assessment of cultural values on the perceptions of the three aspects (economic, social and environmental) of CSD.

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Section: Introductionsupporting

confidence: 93%

The nexus between cultural values and perceptions of corporate sustainable development

Deirmentzoglou

Agoraki

Patsoulis

2023

SRJ

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“…Sustainability also entails adapting to change while maintaining system identity (Fok et al 2023). Deirmentzoglou et al (2020), argued that Sustainability poses a challenge in terms of implementation, as it involves various factors, including society, economics, and the environment. Sustainable development was defined as an improvement that satisfies present needs while not impairing the ability of the next generation to fulfill their own demands (Deirmentzoglou et al, 2020).…”

Section: Literature Review Sustainability Practicesmentioning

confidence: 99%

“…To enhance organizational performance and comprehend the influence of organizational culture on personnel, it is imperative to gain a comprehensive understanding of how organizational culture directly influences the success of an organization (Cura, 2018). Researchers suggested that an adequate organizational culture may contribute to a path for businesses' sustainable growth (e.g., Deirmentzoglou et al, 2020). The effective establishment of a culture centered around sustainability will yield optimal benefits for society, the economy, and the environment (Deirmentzoglou et al, 2020).…”

Section: Organizational Culturementioning

confidence: 99%

“…Researchers suggested that an adequate organizational culture may contribute to a path for businesses' sustainable growth (e.g., Deirmentzoglou et al, 2020). The effective establishment of a culture centered around sustainability will yield optimal benefits for society, the economy, and the environment (Deirmentzoglou et al, 2020).…”

Section: Organizational Culturementioning

confidence: 99%

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The Role of Organizational Culture in Promoting Sustainability Practices in Educational Organizations

Al Mansoob,

Al Qubati,

Ekowati

2023

bmss

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This review paper investigates the relationship between organizational culture and sustainability practices at educational organizations by examining the impacts of communication, innovation, motivation, involvement, and empowerment on sustainability practices. Results reveal that organizational culture significantly influences sustainability practices, with communication, innovation, motivation, involvement, and empowerment being critical factors. In contemporary times, there is an increasing expectation for organizations to enhance their economic, social, environmental, and technological performances, as well as to make meaningful contributions to both local and global communities. Moreover, a positive correlation emerges between organizational culture implementation and sustainability accomplishment. Organizations face expectations to enhance performance while contributing to communities. Experts agree that organizations seeking sustainability must evaluate and transform fundamental values and beliefs while fostering a consistent, shared culture. However, empirical research on the features of such a culture and its contribution to sustainability integration is limited. This review paper underscores robust and integrative sustainability practices and their connection to an organization's culture, serving as a basis for future research.

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“…Shane [28] underlines that countries need to promote those cultural values that encourage innovation while stating that investing in research and development is a required but not sufficient condition for improvements in innovation performance. On the same strand, Deirmentzoglou et al [29,30] investigate the influence of culture on sustainable development.…”

Section: Introductionmentioning

confidence: 99%

Cultural Values as Catalysts of Technological Innovation for a Sustainable Future

Agoraki,

Deirmentzoglou,

Triantopoulos

2024

Sustainability

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Innovation is a key element for companies that aim to achieve and sustain a competitive advantage. Recently, a great number of academics and practitioners have focused on the role of cultural values to provide further incentives to firms to invest more in innovation that will give them a market edge. The purpose of this paper is to provide further insights into the relationship between cultural values and innovation. Primary data were collected from top managers in medium- and large-sized enterprises to determine how cultural values affect four types of technological innovation. The results indicate that two cultural values have a significant influence on firms’ innovative practices. Collectivism and uncertainty avoidance have a significant negative impact on radical, process and product innovation. Thus, we argue that managers who emphasize their personal ambitions and are comfortable with ambiguity are more likely to achieve innovation in their organization.

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Organizational Culture and Corporate Sustainable Development: Evidence from Greece

Cited by 6 publications

References 27 publications

The nexus between cultural values and perceptions of corporate sustainable development

The nexus between cultural values and perceptions of corporate sustainable development

The Role of Organizational Culture in Promoting Sustainability Practices in Educational Organizations

Cultural Values as Catalysts of Technological Innovation for a Sustainable Future

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