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Effectiveness factors of small and medium-sized enterprises from the perspective of corporate culture: A case study in Slovakia

Author

Listed:
  • Silvia Lorincova

    (Technical University in Zvolen)

  • Milos Hitka

    (Technical University in Zvolen)

  • Jozef Durian

    (Matej Bel University)

  • Daniel Rauser

    (Institute of Technology and Business in Ceske Budejovice)

Abstract

To reach business success, a company can use and manage a lot of seemingly inconspicuous and useful tools. One of them is corporate culture. The purpose of the paper is to define the factors that affect business efficiency from the perspective of corporate culture. The Organizational Culture Assessment Instrument (OCAI) was used. For data analysis, the Beta regression method, inductive statistics, and Tukey’s test were used. Based on the research results, it can be stated that there are significant differences in factors that affect the business efficiency of small and medium-sized enterprises in Slovakia from the perspective of corporate culture. The results show that effectiveness factors typical for clan corporate culture, such as teamwork, communication, loyalty, and human resource development, are applied in small enterprises. However, medium-sized enterprises are dominated by a hierarchical corporate culture with an emphasis on regulations, procedures, stability, control, and accuracy of management. It can be concluded that clan corporate culture is the best type of corporate culture for small and medium-sized enterprises in Slovakia. It is recommended to see the success of the enterprise in relation to caring for the people because employees represent a strategic tool in management that can influence the effectiveness of all business processes.

Suggested Citation

  • Silvia Lorincova & Milos Hitka & Jozef Durian & Daniel Rauser, 2024. "Effectiveness factors of small and medium-sized enterprises from the perspective of corporate culture: A case study in Slovakia," E&M Economics and Management, Technical University of Liberec, Faculty of Economics, vol. 27(1), pages 145-160, March.
    • Handle: RePEc:bbl:journl:v:27:y:2024:i:1:p:145-160
    DOI: 10.15240/tul/001/2024-1-009
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    References listed on IDEAS

    as
    1. Mikušová, Marie & Klabusayová, Naděžda & Meier, Vojtěch, 2023. "Evaluation of organisational culture dimensions and their change due to the pandemic," Evaluation and Program Planning, Elsevier, vol. 97(C).
    2. Brody Heritage & Clare Pollock & Lynne Roberts, 2014. "Validation of the Organizational Culture Assessment Instrument," PLOS ONE, Public Library of Science, vol. 9(3), pages 1-10, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Business process effectiveness; corporate culture; OCAI; SMEs;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values

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