Evaluating espoused values: Does articulating values pay off?

被引:33
作者
Jonsen, Karsten [1 ]
Galunic, Charles [2 ]
Weeks, John [1 ]
Braga, Tania [1 ]
机构
[1] IMD, CH-1001 Lausanne, Switzerland
[2] INSEAD, F-77300 Fontainebleau, France
关键词
Espoused values; Articulated values; Financial performance; Organizational values; ORGANIZATIONAL VALUES; IMPRESSION MANAGEMENT; CULTURE; PERFORMANCE; INDUSTRY; EXPLORATION; FRAMEWORK; IDENTITY; PEOPLE; FAMILY;
D O I
10.1016/j.emj.2015.03.005
中图分类号
F [经济];
学科分类号
02 ;
摘要
Many corporations these days publish and talk about their values, believing these values, and their culture more generally, to be critical to their success. This study illuminates the phenomenon of values articulation and examines the link between these espoused values and financial performance. By examining the values posted by Fortune 100 companies on their websites, we analyse the performance implications associated with the espousal of (certain) values, the number of values and their stability or change over time. Drawing on this analysis and previous studies on values, espoused values, and underpinning theoretical frameworks, we test hypothesis related to the number of espoused values, differentiation and stability over time. We provide interpretations about why it matters not just what companies do but also what they say. (C) 2015 Elsevier Ltd. All rights reserved.
引用
收藏
页码:332 / 340
页数:9
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