Naslov
Is it Worth Having Focused Values?

Autori
Malbašić, Ivan ; Marimon, Frederic ; Mas-Machuca, Marta

Izvornik
Management decision (0025-1747) 54 (2016), 10; 2370-2392

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
Balanced scorecard ; Organizational effectiveness ; Business performance ; Organizational values ; Attributed values ; Focussed values

Sažetak
The purpose of this paper is to explore the impact of a specific category of organizational values on organizational effectiveness. Specifically, the aim of the paper is twofold: to propose a metric scale for assessing the organizational values, and to find the impact that different categories of values have on the overall effectiveness of the organization, as an overall measure of organizational success. Moreover, this second objective is expanded with the moderation between values and effectiveness when different Balanced Scorecard (BSC) perspectives are attended in a balanced way. The methodological approach is empirical, based on surveying employees — in total 813 valid responses were obtained, alongside with other information sources within 24 companies in the Republic of Croatia. A set of analyses using structural equation modeling were conducted in order to: define a scale to assess organizational values, assess the impact of different categories of values on organizational effectiveness, and assess the moderator role of the balancing attention to stakeholders. The findings show that construct of organizational values is multifactorial, composed by business, relational, development, and contribution values. These values categories (except relational values) are significant antecedents of effectiveness. Moreover, the balancing of the attention paid to different BSC perspectives moderates the impact of the contribution values on effectiveness. The present study sought to expand our understanding of organizational values and their impact on performance and to ask if focusing on a specific category of values can increase the overall level of organizational effectiveness.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA