Abstract:

Corporate culture and financial performance studies which have developed along with the 1980s are still complicated due to the intricate structure of corporate culture. Extant literature shows that the field of corporate culture organizational performance research on the direct or indirect effect of business culture on the financial performance of businesses still maintains its vitality. As being lack off studies that summarize a large number of studies which critically evaluate the variables and parameters used in C/P studies, we highlight the importance of the studies that focus on extant literature to be presented in a regular manner, guiding it by shedding light for future work. The aims of our study primarily are to present a review of the C/P studies, to analyze the results obtained from the established literature and to present them through tables. Concerning field researches of business culture on financial performance in different regions of the World, we focus on literature review. Besides, we are exhibiting a broad assessment of the definition, conceptualization, measurement of corporate culture and concept, measurement and indicators of the financial performance and we finally present our assesstments in a subjective way containing both the methodology and the results

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