Examination on Philosophy-Based Management of Contemporary Japanese Corporations: Philosophy,Value Orientation and Performance |
| |
Authors: | Yingyan Wang |
| |
Institution: | (1) Graduate School of Management, Kyoto University, Kyoto 6068501, Japan |
| |
Abstract: | Despite the recognition of the importance of philosophy-based management in recent Japanese management practices, there has
been little effort to systematically examine this topic from a normative view. With a sample of 152 electrical machinery companies,
this study attempts to identify the underlying value orientations incorporated in the normative statement of corporate management
philosophy and furthermore examines the complex relationships between corporate value orientations and various performance
indexes. The article shows that although the adoption of a corporate management philosophy does not contribute to corporate
financial performance directly, some value orientations might contribute to non-financial performance and long-term performance
potentials. Especially, CSR environmental performance might be contributed by customer orientation and harmony; human resource
management performance is associated with partner orientation and harmony; growth potential might be related with global orientation,
entrepreneurship, and honesty. Furthermore, the negative relationship between increase of sales effort and CSR environmental
performance also implies that it deserves careful consideration and attention for a company to balance the interests of various
stakeholders. |
| |
Keywords: | corporate management philosophy corporate value orientation corporate performance |
本文献已被 SpringerLink 等数据库收录! |
|