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Linking organizational culture with financial performance: A literature review

Author

Listed:
  • Muhannad Hisham Abu Mahfouz

    (School of Business, Ibn HaldunUniversity, 34494, Istanbul, Turkey)

  • Daud Ahmed Muhumed

    (School of Business, Ibn HaldunUniversity, 34494, Istanbul, Turkey)

Abstract

Organizational culture and firm performance are some of the most researched topics in management because of their importance to organizations. Many studies have explored the relationship between organizational culture and firm performance. The aim of the study is to link organizational culture and firm financial performance and this link was explained by conducting a literature review. The paper investigated the linking organizational culture and financial performance and found that there are different types of organizational cultures and all of them affect the performance of organizations.

Suggested Citation

  • Muhannad Hisham Abu Mahfouz & Daud Ahmed Muhumed, 2020. "Linking organizational culture with financial performance: A literature review," Bussecon Review of Social Sciences (2687-2285), Bussecon International, vol. 2(1), pages 38-43, January.
  • Handle: RePEc:adi:bsrsss:v:2:y:2020:i:1:p:38-43
    as

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    References listed on IDEAS

    as
    1. Jacobs, Rowena & Mannion, Russell & Davies, Huw T.O. & Harrison, Stephen & Konteh, Fred & Walshe, Kieran, 2013. "The relationship between organizational culture and performance in acute hospitals," Social Science & Medicine, Elsevier, vol. 76(C), pages 115-125.
    2. Gary S. Hansen & Birger Wernerfelt, 1989. "Determinants of firm performance: The relative importance of economic and organizational factors," Strategic Management Journal, Wiley Blackwell, vol. 10(5), pages 399-411, September.
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