September 2013
Beginner
320 pages
6h 20m
English
The strength of a firm’s corporate culture can help it to deliver reliable financial and operational performance in times of stability, but can hinder it under volatile conditions.
What is the impact of having a ‘strong culture’ (commonly defined as ‘a set of norms and values that are widely shared and strongly held throughout the organisation’) in a firm? In order to find out, Jesper Sørensen analysed the performance of ‘large, publicly traded firms in 18 markets’, across a range of metrics from return on investment, to operating cash flow, to debt-to-asset ratios. Sørensen ...
Read now
Unlock full access