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

Share

 
COinS
 

Link to publisher version (DOI)

10.1108/S1529-209620180000019010