Corporate Culture Research Articles

Formation And Implementation Of Digital Transformation The Companies: A Conceptual Aspect

The concept of formation and implementation of digital transformation for the development of the company is considered. The article analyzes the digital transformation of a company as a process by which digital technologies are introduced into the digital economy and business to achieve fundamental changes. It has been found that the digital transformation of a company during its formation leads to changes in three areas: customer service quality, operational processes, and business models. At the same time, the digital transformation process requires coordination across the organization and involves a change in business culture. The author outlines approaches to the company’s work that can improve the quality of customer service, stimulate employee innovation, and drive the company’s growth at a fundamental level. At the same time, the most important task of the company’s CEO is to stimulate digital transformation at all levels of the company: in processes and procedures; organizational structures; development of digital marketing and sales; offering digital services and digital business models, etc. The need to support an innovative culture that focuses on what new digital technologies should be introduced and how best to integrate them into everyday life is emphasized. At the same time, the software will help companies implement digital innovation strategies. The following stages are recommended for implementing digital transformation in a company: business transformation; developing own strategy and organizational changes; breaking down barriers to change; developing own partner ecosystem; using a flexible approach; and financing. It is determined that digital technologies, as the basis of digital business, have been integrated with business and have become more than just hardware or software. As digital technologies become more pervasive and companies move further along the path of digital transformation, digital strategy and business strategy will converge. All of this requires a change in the company’s business culture. It is proposed that in the formation and implementation of digital transformation, the possibility of integration into the European Statistical System (ESS) should be considered as a means of increasing the visibility of digital transformation.

The Association Between CEO Political Ideology and Corporate Culture

The Association Between CEO Political Ideology and Corporate Culture

The Importance of Corporate Culture, Governance Structure, and Laws and Regulations in the Fintech Ecosystem

With rapid technological development, technologies such as artificial intelligence, blockchain, cryptocurrency and mobile payment are constantly promoting changes in the traditional financial industry and deriving the emerging ecosystem of financial technology. This article mainly discusses how corporate culture, governance structure, laws and regulations in the financial technology ecosystem affect financial technology companies to maintain a certain competitiveness in the relevant ecosystem. Among them, a strong cultural atmosphere can help fintech companies stabilize their position in the system, and a stable governance structure can help fintech companies and enterprises avoid risks and make correct strategic decisions, thereby promoting the development of the entire fintech industry. Laws and regulations are mainly reflected in fintech companies' compliance with financial regulations in different regions, such as anti-money laundering, anti-terrorist financing, and the protection of customer data and privacy, thereby enhancing customers' trust in fintech companies. These three aspects jointly stabilize the position of financial technology companies in the financial technology ecosystem and promote the continuous development of the financial technology ecosystem.

Research on the Influencing Factors of Job Satisfaction of Grassroots Employee of R Project Management Company

Employee job satisfaction is an evaluation of satisfaction with various aspects such as the content, characteristics, environment, effort, and rewards of their work. It reflects employees' attitudes and emotions and significantly impacts customer and shareholder satisfaction of a corporation. Grassroots employees, situated on the front lines of corporate production and operations, not only play an indispensable foundational role in daily operations but also enact corporate strategic deployments. However, the management of their satisfaction receives significant attention. Traditional views consider compensation the most crucial factor, yet in knowledge-intensive enterprises, the needs of grassroots employees are more complex and their satisfaction is influenced by more than just salary. As a typical knowledge-intensive small and medium-sized private enterprise, R Project Management Company also faces certain safety risks concerning the satisfaction of its grassroots employees. Based on a survey, this study finds that job nature, job rewards, company interpersonal relationships, and management positively influence employee satisfaction, while the impact of company culture is relatively weak. The study also found that the age, education, length of service, and position of grassroots employees affect their satisfaction. Finally, based on the specific circumstances of R Project Management Company, the study proposes five suggestions to help the company improve management, enhance job rewards, optimize interpersonal relationships, improve the nature of the work, and adopt appropriate measures for different grassroots employees to increase their satisfaction and sense of identification.

The Influence of Corporate Culture on Employee Well-Being: A Comparative Study of Hybrid and Remote Work Models

This study examines the influence of corporate culture on employee well-being, focusing on the comparative impacts of hybrid and remote work models. In the wake of the COVID-19 pandemic, organizations have increasingly adopted flexible work arrangements, raising critical questions about their effects on employee satisfaction and mental health. Through an extensive literature review, this research identifies key components of corporate culture that contribute to employee well-being and analyzes how these elements manifest differently in hybrid and remote work settings. The study synthesizes findings from peer-reviewed journal articles, industry reports, and case studies to provide a comprehensive understanding of the relationship between corporate culture and employee well-being in varying work models. The findings reveal that while both hybrid and remote work models offer unique benefits and challenges, the effectiveness of each is significantly influenced by the underlying corporate culture. This review offers practical recommendations for organizations seeking to enhance employee well-being through strategic cultural initiatives tailored to their specific work models.

Analisis Prinsip Good Corporate Governance dalam Regulasi Hukum Perusahaan

Good Corporate Governance in companies in Indonesia or commonly known by the short term (GCG) is a governance framework that includes ethical rules and norms to protect the integrity, especially in this writing, of companies to improve their performance. The principles of Good Corporate Governance (GCG) emphasize fundamental principles that must be implemented to increase company effectiveness and compliance with company legal regulations. Good corporate governance (GCG) is an important concept in regulating company behavior to ensure transparency, accountability, fairness and compliance with the law. In corporate legal regulations, GCG principles are the basis for building a framework that ensures effective management, protection of shareholder interests and appropriate risk management. Through in-depth analysis of GCG principles, company legal regulations can be strengthened to create a healthy and sustainable business environment. However, there are obstacles to its implementation, including legal, cultural, political and business environments. Despite being a pressure, GCG is recognized as an opportunity to improve quality and sustainability in business efforts. The main challenge involves changing the company culture towards solid and transparent leadership. Steps to develop GCG require integrated awareness and good relationships between various stakeholders in the company. GCG principles, such as transparency, accountability, responsibility, independence and equality, are needed to ensure fair protection and interests for all parties involved in the company.

The Influence of Leadership Style, Organizational Culture, Policy Implementation, and Community Participation on Public Service Efficiency and Employee Satisfaction in Indonesian Local Government

This study examines the impact of leadership style, organizational culture, policy implementation, and community participation on the efficiency of public services and the happiness of employees in local government in Indonesia. The study involves a quantitative analysis with a sample size of 250 participants. It utilizes a Likert scale ranging from 1 to 5 and leverages Structural Equation Modeling-Partial Least Squares (SEM-PLS 3) for data analysis. The findings demonstrate that all connections are both positive and statistically significant, emphasizing the crucial functions these parameters fulfill in public administration. Leadership style, corporate culture, policy execution, and community participation have a major positive impact on both public service efficiency and employee happiness. The findings provide significant theoretical contributions to the comprehension of public sector management and present practical implications for policymakers and practitioners seeking to enhance public service performance and employee morale.

The Relationship between Key Factors and Gen Z Employee Retention in Indonesian FMCG Start-Ups

This study investigates the factors relationship between turnover intention and employee retention of Generation Z employees in the workplace, using a combination of qualitative and quantitative research methods. Data were collected through interviews and surveys, followed by a comprehensive analysis employing descriptive statistics, and multiple linear regression. The qualitative findings highlight significant financial needs, high expectations of career advancement, and the adverse impact of long working hours on job satisfaction and retention. Quantitative analysis identifies financial opportunities, comprehensive employee benefits, and a sense of being financially rewarded as major factors contributing to economic security and retention. Work-life balance and an open, collaborative company culture, characterized by effective communication and teamwork, also play critical roles in enhancing job satisfaction and loyalty among Gen Z employees. The study reveals that financial factors, work-life balance, and organizational culture significantly impact retention rates. Furthermore, it emphasizes the interconnectedness of these variables, noting how unmet financial needs and unrealistic career expectations can lead to job dissatisfaction and increased turnover. The research concludes with recommendations for longitudinal studies, comparative research, and intersectional studies to further understand the evolving and diverse needs of Gen Z employees. Implementing robust career development programs and addressing financial needs are crucial strategies for start-ups aiming to retain young talent in the long term.

Corporate Social Responsibility and Firm Performance: A Literature Review

Research Aims: This study explores the complex relationship between Corporate Social Responsibility (CSR) and company performance, focusing on how board composition, leadership, and cultural influences affect the efficacy of CSR initiatives.Design/methodology/approach: Using a literature review method.Research Findings: Independent directors on company boards positively influence CSR activities, which in turn enhance company value. These effects receive moderation from the resources available to the company and mediation through the CSR activities themselves. The research also highlights that leadership qualities such as integrity and stakeholder engagement significantly boost organizational performance by promoting responsible corporate culture. It further reveals that market-oriented cultures strengthen the positive impacts of CSR on performance, while adhocracy cultures have the opposite effect. Geographical variations emerge in the effectiveness of CSR, with significant impacts observed in regions like Argentina and Bolivia, unlike in Chile where CSR shows negligible effects. The study notes that while CSR typically improves operational performance, its impact on market valuation proves complex and hinges on strategic emphasis on value utilization over creation. Moreover, a company’s initial CSR reputation crucially impacts its financial performance, where positive reputations enhance and negative ones detract from company success.Theoretical Contribution/Originality: The findings advocate for aligning CSR with corporate strategy and culture to maximize its benefits on company performance.

Innovation in the esports servicescape: a media business research agenda

ABSTRACT Esports represent an increasingly influential and innovative component of the global media business landscape. The ever-evolving ecosystem of dynamic new media is driven by a heterogeneous array of stakeholders that co-create value in online and offline spaces, often described as servicescapes, where innovations are increasingly influential in diverse areas including entrepreneurial business models, media, sports, entertainment, culture, and consumer engagement. In this research, a semi-systematic literature review was undertaken focused on the intersection of the esports ecosystem, servicescapes and innovations. Four clear directions for future research, with questions specific to esports, servicescapes and media were identified. Scholars can utilise these findings to enhance understanding of innovation from the servicescape perspective, with relevance for scholars engaged in business, marketing, and media.

Corporate governance, intellectual capital, and organizational culture: their influence on lean manufacturing and firm value

Corporate governance, intellectual capital, and organizational culture: their influence on lean manufacturing and firm value

Corporate Culture and Internal Control in Petroleum Firms

Corporate Culture and Internal Control in Petroleum Firms

Determinants of Zombie Firms: The Impact of Corporate Insolvency Efficiency and Cultural Factors

By examining a broad range of companies from both developed and developing nations from 2015 to 2021, we gather evidence on the occurrence and factors contributing to the existence of zombie firms. Approximately 10% of our observations are identified as zombie firms, and there is significant variability in the proportion of zombie firms across different countries. We find that countries with more efficient corporate insolvency rules tend to have a lower incidence of zombie firms. We also establish that a nation’s culture plays a vital role in determining the prevalence of zombie firms. More specifically, our findings indicate that countries with higher levels of individualism culture tend to have lower numbers of zombie firms.

Relevance of the Socialization Process in the Brazilian Public Sector: A Review

This article explores the socialization process in companies through an extensive literature review. Socialization refers to how new employees are integrated into the company culture. This process can take many forms, including orientation sessions, training programs, mentorship arrangements, and team-building activities. The primary goal of socialization is to help new employees understand the company's values, goals, and expectations. Additionally, it aims to facilitate building relationships with colleagues. In conclusion, a successful socialization process can lead to greater job satisfaction, increased productivity, and stronger team cohesion, which is helpful to scholars, human resource managers, and other practitioners.

Assessing the Impact of Organizational Culture on the Sustainability of TQM Programs

This study investigates how organizational culture affects the long-term viability of Total Quality Management (TQM) initiatives. TQM, a holistic management strategy that emphasizes customer satisfaction as the means of achieving long-term success, needs a supporting corporate culture to be successful. In order to create a TQM environment that is sustainable, this research examines a number of cultural elements, including leadership, communication, teamwork, and continuous improvement. The study finds critical cultural characteristics that have a major impact on the durability and efficacy of TQM projects using a mixed-methods approach that includes surveys and case studies from a variety of industries. Results show that TQM initiatives are more likely to be effectively sustained in firms with a strong collaborative culture, open communication, and leadership commitment to quality. It is more likely for firms to successfully maintain TQM programs when there is a strong culture of collaboration, open communication, and leadership commitment to quality. The research ends with suggestions for developing an organizational culture that upholds and reflects TQM's core values, strengthening the methodology's overall viability and influence on company performance.

MANAGEMENT OF EXCELLENCE IN A COOPERATIVE OF URBAN TRANSPORT OPERATORS

The urban mobility systems of municipalities are made up of various transport, passenger and freight services and subsystems. The mode of public passenger transport, the main one, in many cases, is operated by buses belonging to urban transport companies, and by the complementary service, operated by small vehicles. The great challenge of this format is to establish the corporate culture in the associations of operators of small vehicles, accustomed to an almost artisanal model, practically an extension of the informal or clandestine operation previously carried out. This challenge can be overcome through the actions of the Government, encouraging the formation of cooperatives, formed by these permittees. It must be considered that a cooperative has different specificities from a capital company. The management bodies of transport systems should encourage the assimilation of the management culture, more precisely the Management ® Excellence Model, which is desirable for cooperatives to have the necessary conditions to operate properly in transport systems. Hence, the general objective of this work is to provide the technical, economic, financial and structural conditions for cooperatives to have sustainability as an economic activity. The methodology used was based on an empirical, inductive and exploratory study, with the presentation of a strategic business management model. With this, it is intended to establish a management model to be followed by any entity that has delegation of operation by the Government, which, without a doubt, will constitute a great innovation in the institutional relationship with these individual operators

Corporate volunteering of employees as a tool to influence the reputation of a commercial bank

Corporate social responsibility (CSR) in commercial banks plays an important role in improving their reputation, increasing employee engagement and developing corporate culture. The article examines the key features of CSR programs of commercial banks in comparison with companies in other industries, as well as analyzes successful examples of corporate volunteerism and its impact on the bank and society. Corporate social responsibility (CSR) of commercial banks is a strategic approach to integrating social and environmental aspects into the daily activities of banks. The main areas of CSR include financial literacy, improving access to financial services for vulnerable groups, sustainable financing and combating fraud. These programs help to improve the reputation of banks, increase employee engagement and satisfaction, and contribute to solving urgent social and environmental problems. Successful examples of CSR programs include the initiatives of Danske Bank, BNP Paribas and Deutsche Bank, which actively participate in corporate volunteering and other social projects, demonstrating their responsibility to society and the environment.

Why Do Companies Cook the Books? Empirical Study of the Motives of Creative Accounting of Slovak Companies

Studies on creative accounting date back to the latter part of the 20th century. Creative accounting is still a big challenge in financial accounting. The problem of financial statement manipulation might be investigated, for instance, from an accounting, legal, ethical, or psychological perspective. This research aims to identify the main motives for the use of creative accounting and to find out whether corporate culture has an impact on the motives leading to the use of creative accounting. Data collection took place from 18 November 2023 to 18 December 2022. In the research, we used Pearson’s χ2 test to determine the dependence of the studied variables in contingency tables. Subsequently, correspondence analysis was used. The type of corporate culture does not have an impact on the motives that lead to creative accounting. It was proven that the type of corporate culture has an impact on the performance of creative accounting actions based on the request of a senior employee. The uniqueness of the research lies in the investigation of creative accounting from a psychological and managerial point of view in the territory of the Slovak Republic.

Trends, shifts and future prospects of sustainable finance research: a bibliometric analysis

PurposeThis study aims to highlight the key aspects of sustainable finance using bibliometric analysis of the relevant literature extracted from two separate databases, Scopus and Dimensions.ai. The present study contributes towards the achievement of sustainable development by providing directions to align financial decision-making with different sustainability aspects.Design/methodology/approachThe author conducted bibliometric analysis for 1,220 articles from Scopus and 1,437 publications from Dimensions.ai. The most frequently occurring terms in sustainable finance research are explored and visualised using the VOSviewer.FindingsBibliometric findings revealed a dynamic evolution of research focus over time. The social component dominated from 2012 to 2016, however a shift to environmental and climate change considerations is noticed from 2016 to 2020. Recent studies (2020–2022) exhibited heightened attention to green finance and renewable energy. Overlay visualisations highlighted similar trends in both databases, indicating a contemporary emphasis on green finance.Research limitations/implicationsThis study enriches theoretical discourse by mapping the trajectory of sustainable finance research, contributing to a deeper understanding of its evolution.Practical implicationsInsights from this study guide researchers and practitioners in identifying trends, that can help the integration of green finance principles into corporate strategies.Social implicationsFindings also raise awareness among stakeholders, and help facilitate socially responsible corporate cultures and informed policymaking.Originality/valueThe originality of this study lies in its comprehensive bibliometric analysis of sustainable finance research in management studies, drawing data from two major databases and spanning over three decades.

Examine the influence of collaborative business culture and data-driven analytic capability on business innovation: Moderation role of managerial capability

The literature has predominantly overlooked the significant combined influence of data-driven analytic capability (DDAC) alongside managerial capability and a collaborative business culture (CBC) on business innovation, despite advancements in DDAC within certain organisations. Therefore, this study examines the relationship between DDAC, CBC, and business innovation while exploring the moderating effect of managerial capability. Data from 577 managers were collected via a survey questionnaire. Research hypotheses were tested using a consistent Partial Least Squares Structural Equation Modeling (PLS-SEM) algorithm alongside bootstrapping methodology. Findings indicate that DDAC positively influences CBC, business innovation, and collaborative business culture. Additionally, a collaborative business culture has a positive impact on business innovation and partially mediates the relationship between DDAC and business innovation. Most importantly, the study reveals that combining managerial capability and DDAC has a less notable impact on CBC than on DDAC alone. However, the joint effect of managerial capability and CBC is stronger than CBC alone on business innovation. Theoretical and managerial implications are extensively discussed.