University of Twente Student Theses
Espoused corporate values on corporate performance
Luinstra, H.G. (2019) Espoused corporate values on corporate performance.
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| Abstract: | Espoused values are an important tool for leaders to communicate their vision and if present, they can be found in the value statement of the organization. Espoused values are used to set direction and manage public image. Organizations that do have a set of espoused values do perform better than organizations that do not. However, it is still unclear which values lead to superior or inferior performance. This research clarifies this by studying the effect of different clusters of espoused values on firm performance using a quantitative approach. In this research a dataset of 72 Dutch corporations is used to analyze the relationship between espoused values and performance. To do this the organizational values were observed and clustered into four categories using the proposed framework by Bourne et al., (2017). For each cluster the effect on performance is analyzed using a correlation analysis. The study finds that the relationship between different espoused values and performance is marginal. This study therefore argues that espoused values are more externally focused. It also argues that as a tool to influence performance espoused values are ineffective. |
| Item Type: | Essay (Master) |
| Faculty: | BMS: Behavioural, Management and Social Sciences |
| Subject: | 85 business administration, organizational science |
| Programme: | Business Administration MSc (60644) |
| Link to this item: | https://purl.utwente.nl/essays/78004 |
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