๐”– Bobbio Scriptorium
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The value of corporate culture

โœ Scribed by Guiso, Luigi; Sapienza, Paola; Zingales, Luigi


Book ID
124138001
Publisher
Elsevier Science
Year
2015
Tongue
English
Weight
604 KB
Volume
117
Category
Article
ISSN
0304-405X

No coin nor oath required. For personal study only.

โœฆ Synopsis


We study which dimensions of corporate culture are related to a firm's performance and why. We find that proclaimed values appear irrelevant. Yet, when employees perceive top managers as trustworthy and ethical, a firm's performance is stronger. We then study how different governance structures impact the ability to sustain integrity as a corporate value. We find that publicly traded firms are less able to sustain it. Traditional measures of corporate governance do not seem to have much of an impact.


๐Ÿ“œ SIMILAR VOLUMES


The value of corporate culture
โœ Guiso, Luigi; Sapienza, Paola; Zingales, Luigi ๐Ÿ“‚ Article ๐Ÿ“… 2015 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 604 KB