The effect of embedded managerial values on corporate financial outcomes
Abstract
This paper explored the relationship between the embeddedness of a firm’s managerial values and corporate financial performance in Swiss small and medium-sized enterprises (SMEs) by developing a conceptual maturity model of managerial values (MM-MV). The MM-MV articulates the extent to which managerial values are embedded within organizations, allowing the analysis of the interrelationship between the degree of values-embeddedness and financial performance in SMEs. The findings suggested that as managerial values become more embedded, financial performance increases; therefore, SMEs exhibiting highly embedded managerial values such as customer-minded, team spirit, innovation-driven reliability, persis-tency, competency, and engagement tend to financially outperform SMEs that have not fully embedded managerial values throughout the firm.
Document Type
Book Chapter
Date of Publication
2018
Volume
19
School
Graduate Research Services
Copyright
subscription content
Publisher
Emerald
Comments
Neher, A., Jungmeister, A., Wang, C., & Burmeister, O. (2018). The effect of embedded managerial values on corporate financial outcomes. In M. Schwartz, H. Harris & D. R. Comer (Eds.), Visual Ethics (pp. 165-204). Emerald Publishing Limited. https://doi.org/10.1108/S1529-209620180000019010