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Study Regarding The Identification Of The Key Cultural Values Of Multinational Companies. A Comparative Study: Europe, Asia, Usa

Author

Listed:
  • Amalia PANDELICA

    () (Faculty of Economics, University of Pitesti, Romania)

  • Marin IONICA

    () (Faculty of Economics, University of Pitesti, Romania)

  • Paul PETRESCU

    (Faculty of Economics, University of Pitesti, Romania)

Abstract

Organizational culture is an important aspect of the company success. Each company develops an authentic culture. Still it is important to know what are the key cultural commune values that are linked with the company success. Thus, the purpose of present study is to identify such key values, taking as analysis base the most performant companies worldwide. With this purpose 28 multinational companies were selected from Forbes 500 companies and were analyzed in Hofstede model perspective. The results of the study emphasized that the multinational companies have strong and some fundamental cultural values that are shaped to some extent by national culture.

Suggested Citation

  • Amalia PANDELICA & Marin IONICA & Paul PETRESCU, 2012. "Study Regarding The Identification Of The Key Cultural Values Of Multinational Companies. A Comparative Study: Europe, Asia, Usa," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 11(Special), pages 63-77.
  • Handle: RePEc:pts:journl:y:2012:i:special:p:63-77
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    Keywords

    organizational culture; multinational companies;

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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