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Contribution of the Management System and the Institutional Framework to the Efficiency of Values-Based Management

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  • Wafa Ben Ahmed Naouar

    (Higher Institute of Technological Studies of Sfax)

Abstract

The present research is an attempt to determine the contribution of the management system and the institutional framework to the efficiency of values-based management (VBM). The interest in the question of efficiency stems from the fact that to grasp this founding principle of management is essential for any effort of evaluation and valuation accompanying the adoption of any type of management. Our choice of an organizational variable as well as an environmental one to explain the phenomenon of efficiency, intends to cover sources of influence, both internal and external to the organization. As such, this study addresses the following question: What is the effect of the management system and the institutional framework on the efficiency of values-based management? The main theoretical and empirical results reveal that these two variables contribute jointly to the efficiency of VBM. More precisely, the empirical results obtained, in particular through the canonical correlation analysis, specify that both variables influence the efficiency of VBM in different degrees, with the effect of the management system being superior. The latter explains the efficiency of the management by the values at a rate of 52.59 %, whereas the institutional framework explains it only up to 25.15 %.

Suggested Citation

  • Wafa Ben Ahmed Naouar, 2016. "Contribution of the Management System and the Institutional Framework to the Efficiency of Values-Based Management," Journal of Business Ethics, Springer, vol. 135(4), pages 787-796, June.
    • Handle: RePEc:kap:jbuset:v:135:y:2016:i:4:d:10.1007_s10551-014-2503-2
    DOI: 10.1007/s10551-014-2503-2
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    References listed on IDEAS

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    1. Samuel Mercier, 2000. "L'instrumentalisation des valeurs:une ressource stratégique pour l'entreprise?La démarche du groupe Fournier," Working Papers CREGO 1001001, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations.
    2. Pierre Berthelier & Alain Desdoigts & Jacques Ould Aoudia, 2004. "Profils institutionnels," Revue Française d'Économie, Programme National Persée, vol. 19(1), pages 121-196.
    3. repec:dau:papers:123456789/638 is not listed on IDEAS
    4. Krista Jaakson & Anne Reino & Maaja Vadi, 2004. "Organisational Values In The Framework Of Critical Incidents: What Accounts For Values-Based Solutions?," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 29, Faculty of Economics and Business Administration, University of Tartu (Estonia).
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