The Role of Corporate Culture in Performance Measurement and Management Systems

The Role of Corporate Culture in Performance Measurement and Management Systems

Recently, there has been increasing pressure to change current performance measurement and management systems from control systems to those that support learning and continuous improvement. This change requires a specific corporate culture that supports the effective operation of performance measure...

Full description

Bibliographic Details
Main Authors: Michaela Kotkova Striteska, David Zapletal
Format: Article
Language:English
Published: MDPI AG 2020-11-01
Series:International Journal of Financial Studies
Subjects:
performance measurement system
performance management
performance-driven culture
Online Access:https://www.mdpi.com/2227-7072/8/4/75
id doaj-0365290918274d9691ea462d25fb64ee
record_format Article
spelling doaj-0365290918274d9691ea462d25fb64ee2020-11-28T00:02:19ZengMDPI AGInternational Journal of Financial Studies2227-70722020-11-018757510.3390/ijfs8040075The Role of Corporate Culture in Performance Measurement and Management SystemsMichaela Kotkova Striteska0David Zapletal1Faculty of Economics and Administration, University of Pardubice, 532 10 Pardubice II, Czech RepublicFaculty of Economics and Administration, University of Pardubice, 532 10 Pardubice II, Czech RepublicRecently, there has been increasing pressure to change current performance measurement and management systems from control systems to those that support learning and continuous improvement. This change requires a specific corporate culture that supports the effective operation of performance measurement and management. This paper aims to clarify the relationship between corporate culture and performance measurement and management systems. Questionnaire survey data from Czech medium and large companies were collected and analyzed by Pearson’s chi-squared test to validate the proposed hypothesis. The research findings confirmed that performance measurement and management systems of companies that devoted sufficient energy and attention to performance-driven culture are more effectively developed. Analysis of different performance-driven culture attributes revealed which are the most important ones.https://www.mdpi.com/2227-7072/8/4/75performance measurement systemperformance managementperformance-driven culture
collection DOAJ
language English
format Article
sources DOAJ
author Michaela Kotkova Striteska
David Zapletal
spellingShingle Michaela Kotkova Striteska
David Zapletal
The Role of Corporate Culture in Performance Measurement and Management Systems
International Journal of Financial Studies
performance measurement system
performance management
performance-driven culture
author_facet Michaela Kotkova Striteska
David Zapletal
author_sort Michaela Kotkova Striteska
title The Role of Corporate Culture in Performance Measurement and Management Systems
title_short The Role of Corporate Culture in Performance Measurement and Management Systems
title_full The Role of Corporate Culture in Performance Measurement and Management Systems
title_fullStr The Role of Corporate Culture in Performance Measurement and Management Systems
title_full_unstemmed The Role of Corporate Culture in Performance Measurement and Management Systems
title_sort role of corporate culture in performance measurement and management systems
publisher MDPI AG
series International Journal of Financial Studies
issn 2227-7072
publishDate 2020-11-01
description Recently, there has been increasing pressure to change current performance measurement and management systems from control systems to those that support learning and continuous improvement. This change requires a specific corporate culture that supports the effective operation of performance measurement and management. This paper aims to clarify the relationship between corporate culture and performance measurement and management systems. Questionnaire survey data from Czech medium and large companies were collected and analyzed by Pearson’s chi-squared test to validate the proposed hypothesis. The research findings confirmed that performance measurement and management systems of companies that devoted sufficient energy and attention to performance-driven culture are more effectively developed. Analysis of different performance-driven culture attributes revealed which are the most important ones.
topic performance measurement system
performance management
performance-driven culture
url https://www.mdpi.com/2227-7072/8/4/75
work_keys_str_mv AT michaelakotkovastriteska theroleofcorporatecultureinperformancemeasurementandmanagementsystems
AT davidzapletal theroleofcorporatecultureinperformancemeasurementandmanagementsystems
AT michaelakotkovastriteska roleofcorporatecultureinperformancemeasurementandmanagementsystems
AT davidzapletal roleofcorporatecultureinperformancemeasurementandmanagementsystems
_version_ 1724413212745531392

Similar Items