Organizational culture and financial performance: evidence in companies listed in the Brazil Index 100
Purpose: The study investigates the relationship between organizational culture and financial performance of companies classified in the IBrX 100. Methodology: The organizational culture of 83 companies were analyzed through textual analysis, based on the cultural typologies developed by Cameron et...
| Autores: | , , , , , |
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| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2022 |
| País: | Brasil |
| Institución: | Universidade Federal do Rio Grande do Norte (UFRN) |
| Repositorio: | Revista Ambiente Contábil |
| Idioma: | inglés |
| OAI Identifier: | oai:periodicos.ufrn.br:article/27702 |
| Acceso en línea: | https://periodicos.ufrn.br/ambiente/article/view/27702 |
| Access Level: | acceso abierto |
| Palabra clave: | Corporate Culture. Cultural Typologies. Performance. Financial Accounting. Disclosure. Accounting Narratives. Brazilian companies.. Organizational culture and financial performance: evidence in companies listed in the Brazil Index 100. Cultura de la organización. Rendimiento financiero. Empresas cotizadas en Brasil Bolsa Balcão [B] ³. IBrX 100. Cultura organizativa y desempeño financiero: evidencia en empresas listadas en el Índice de Brasil 100. Cultura Empresarial. Tipologias Culturais. Performance. Contabilidade Financeira. Evidenciação. Narrativas Contábeis. Empresas Brasileiras. Cultura organizacional e desempenho financeiro: evidências em empresas listadas no Índice Brasil 100. |
| Sumario: | Purpose: The study investigates the relationship between organizational culture and financial performance of companies classified in the IBrX 100. Methodology: The organizational culture of 83 companies were analyzed through textual analysis, based on the cultural typologies developed by Cameron et al. (2006) and the performance data were taken from Thomson Reuters®. Results: The results of the multiple linear regression highlight that organizational culture is related in different ways with financial performance. However, not all dimensions of culture had the same relation in promoting performance. The control dimensions and the creative impact financial performance. On the other hand, cultural orientations aimed at competitiveness and collaboration are not related to performance. From this perspective, financial performance incorporates the two main aspects of organizational culture: (i) the permeability of innovative elements and flexibility; and (ii) the conduction of processes through efficiency and operational control. Study Contributions: The research offers society an explicit mapping of organizational culture typifications, so in the long term this document can serve as strategic information for social institutions to build mechanisms that maximize the informational quality and timeliness of accounting narratives. From a theoretical point of view, the research contributes to fostering discussions about the positionality of accounting narratives with regard to influencing the company's performance and culture. |
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