Yasas L. Pathiranage; Lakmini V. K. Jayatilake; Ruwan Abeysekera
Volume 7, Issue 9 , September 2020, , Pages 522-544
Abstract
Syntheses of existing literature provide a framework for a broader understanding of the current state of the organizational culture. This literature review synthesized the relevant literature pertaining to the role of organizational culture on business performance in a perspective of the corporate group. ...
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Syntheses of existing literature provide a framework for a broader understanding of the current state of the organizational culture. This literature review synthesized the relevant literature pertaining to the role of organizational culture on business performance in a perspective of the corporate group. The literature review comprised various published sources on the role of organizational culture, such as journals, periodicals, seminal books, and other published materials. The review focused on the conceptualization, measurement and examines various dimensions of organizational culture on corporate performance. After analysis of a wide range of renowned literature, it was found that organizational culture has a strong impact on the organizational performance. Empirical evidences further showed that lack of cultural integration between member companies was a primary cause of failure in corporate groups. Therefore, it is ascertained that cultural enhancing would result performance enhancement. Business managers are recommended to establish an effective organizational culture in order to enhance corporate performance. Therefore, how an effective organizational culture is established to enhance the corporate performance can be recognized as a needed research scope. Moreover, this paper highlighted the prevailing theoretical and empirical gaps in the area of organizational culture towards corporate performance, and hence the findings may be useful for future similar studies.
Olatunji David Adekoya; Ahsan Malik; Hakeem Adeniyi Ajonbadi; Ibrahim Jimoh
Volume 6, Issue 4 , April 2019, , Pages 347-367
Abstract
The looming argument on the decision of the United Kingdom (UK) to leave the European Union (EU) popularly referred to as Brexit is UK's greatest concern today. While business experts and economic analysts have been trying to decipher the potential effects of this decision, many businesses are beginning ...
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The looming argument on the decision of the United Kingdom (UK) to leave the European Union (EU) popularly referred to as Brexit is UK's greatest concern today. While business experts and economic analysts have been trying to decipher the potential effects of this decision, many businesses are beginning to prepare themselves for the worst-case scenario. This study is primarily aimed at investigating the potential economic impact of Brexit on business performance in the United Kingdom with specific reference to the construction industry which serves as one of the UK’s major contributor to output. The methodology, therefore, is based on an epistemological assumption grounded in positivistic philosophy with the use of a deductive and applied research approach. Additionally, both quantitative and qualitative research methods were employed using secondary sources of data. The data was further estimated using a t-Test statistical model to test the significance level between the population means of the variables measured along a time period that covers 2014 to 2018. The variables measured include industry labour employment, interest rate, inflation and exchange rate, output, imports, and exports. The research findings suggest that there are potential adverse effects of Brexit on labour activities within the industry if a favourable deal is failed to be struck. Additionally, external economic factors were deemed to have a very high negative influence on business performance. It was also reported that trading activities which were the core performance measures in the industry were not significantly reactive to Brexit since the leave vote although there are potential threats after the implementation period.
