Abstract

Drawing upon strategy and organisational theories and practices, we develop a model of corporate culture, strategic change and corporate performance extending the current conceptualisations of 'corporate culture' and 'strategic change'. Using data obtained from 244 Chinese construction firms our empirical results show that internal organisational factors significantly influence corporate change and hence corporate performance. In this study, strategic change is found to not only influence structures and processes, but it also lends support to the cognitive organisational reorientation approach to understand relationships. We contribute new understanding, showing that team spirit and social responsibility have a positive influence, while science and technological innovation and organisational learning have a negative influence on strategic change speed, magnitude and depth. Customer orientation did not meet the requirements of factor analysis and strategic change was found to have no intervening influence on the relationship between corporate culture and corporate performance.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.