Social progress and corporate culture

Gorton, Gary; Zentefis, Alexander

doi:10.1093/icc/dtac042

Cited by 9 publications

(3 citation statements)

References 40 publications

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“…However, we also show that just increasing public attention has limits due to firms' ex ante corporate culture. In this respect, our findings support the conclusions of Gorton and Zentefis' (2019) theoretical model that changes in societal views in favor of minority groups may not affect all firms equally.…”

Section: Introductionsupporting

confidence: 87%

Public Attention to Gender Equality and Board Gender Diversity

Giannetti

Wang²

2022

J. Financ. Quant. Anal.

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We document that heightened public attention to gender equality is associated with an increase in board gender diversity. Improvements in diversity are more pronounced in firms with a corporate culture that is already sympathetic to gender equality. When public attention to gender equality increases, firms reach out to a larger pool of women, such as women without industry experience or outside their network, but female director appointments do not appear to be dilutive of the board’s skills. Instead, we observe less reliance on connections for director appointments and a decrease in the propensity to appoint connected men.

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Section: Introductionsupporting

confidence: 87%

Public Attention to Gender Equality and Board Gender Diversity

Giannetti

Wang²

2022

J. Financ. Quant. Anal.

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“…Plenty of scholars has defined organizational or corporate culture from various perspectives [62][63][64][65]. Based on almost the identical assumption with Cameron et al [18] concerning the circumstances where corporations tend to be faced with two main types of options, that is, "external or internal" and "flexibility or stability", Denison et al [12] deduced the Denison organizational culture model and validated it through abundant samples, the four different organizational culture types of which are described as follows.…”

Section: The Denison Organizational Culture Survey (Docs)mentioning

confidence: 99%

The role of regulatory policies in organizational culture: Insights from the education industry

Wang,

Senin,

Ahmad

2024

PLoS ONE

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On February 26, 2018 and July 24, 2021, the Chinese government respectively issued two significant regulatory policies to address the problems caused by off-campus training institutions in terms of students’ extra-curricular and family financial burdens. These policies have had a tremendous and far-reaching impact on the off-campus training industry in China. With the help of these two events, we explored the role of industry-level regulatory policies in shaping and forming organizational culture. This paper adopts a text analysis method, combined with the dimensions of the Denison Organizational Culture Survey (DOCS) and MAXQDA 18 software, to obtain data on corporate culture. Then, the approaches of regression discontinuity in time (RDiT) and regression discontinuity (RD) designs with multiple cutoffs are used to estimate the policy treatment effect. This empirical research suggests that regulatory policies have a significant impact on corporate culture. Moreover, regulatory policies of varying degrees of strictness have differential effects on different dimensions of corporate culture. The research findings contribute to the theories of corporate culture and can guide enterprises to evaluate the impact of policies on corporate culture more clearly, thereby enabling them to make wiser operation decisions.

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“…Behaviors materialize as an outcome of subjective personal values, environmental interaction, and social dynamics interacting with an individual (Mirahsani, N., et al, 2023;Kaaronen, R. O., & Strelkovskii, N., 2020) Culture partly illuminates why certain nations and people prosper in economic progress whereas lagers always miss the opportunity (Lerch, J. C. 2023;Spolaore, E., & Wacziarg, R., 2013;Lewis, O., 1966). Yet the aspect of economic incitement, poverty mitigation strategies, technology transfer, and trade openness and enhancement can conveniently be achieved through establishing better and sustainable cultural values (Gorton, G. B., & Zentefis, A. K.,2023;Andrews, N., 2009;Janssen, R.L., 2010). Thus we can understand that culture is a major factor that can modify the sustainable behavior of an individual in their personal and professional life (Yin, J., et al, 2023).…”

Section: Religious Values and Sustainable Behavior Of Employeesmentioning

confidence: 99%

Effect of employee`s religious and cultural values on their sustainable behavior: A Systematic Approach to the Literature

Hameed

Siddiqui

2023

International Journal of Social Science Entrepreneurship

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As business organizations are one of the major contributors to polluting mother earth and causing sustainability issues, yet, they need to be utterly focused on its reformation, rehabilitation, and recovery. This cannot be done without their workforce's involvement and behavior modification. To lessen climate issues and protect the environment, we currently need a radical transformation in behavioral activities including sustainable consumption and production /services in our personal and professional lives, thus culture and religion are the key players in this aspect. For analyzing this we conducted a thorough bibliometric analysis, 1615 research articles on religion or religious values and sustainable behavior and 2099 research articles on culture or cultural values and sustainable behavior were retrieved from the Scopus data base, for the period 1993–2023, presenting global research tendencies on the subject of these values and sustainability at work place. It came out to the limelight that “sustainability” is the most sought-after keyword in all of these studies (19 % + ) in both themes. The study found that there is a dire need for cross-functional research so that dynamic multidimensional structures and patterns can be identified to achieve the collective future goal of sustainability. Religion or religious values and culture or culture values are found to be certain dimensions that have been gaining more and more attention in the domain of business and management since the last decade. These aspects can certainly bring dramatic changes both on individual and corporate levels.

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Social progress and corporate culture

Cited by 9 publications

References 40 publications

Public Attention to Gender Equality and Board Gender Diversity

Public Attention to Gender Equality and Board Gender Diversity

The role of regulatory policies in organizational culture: Insights from the education industry

Effect of employee`s religious and cultural values on their sustainable behavior: A Systematic Approach to the Literature

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