The effects of organizational culture on job satisfaction and financial performance
The paper examines the effects of organizational culture on employee job satisfaction and financial performance. The research was carried out in organizations in Serbia. 220 employees participated in the research. The dimensions of organizational culture have statistically significant, strong, and p...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Novi Sad, Technical faculty Mihajlo Pupin, Zrenjanin
2022-01-01
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| Series: | Journal of Engineering Management and Competitiveness |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/2334-9638/2022/2334-96382201044M.pdf |
| _version_ | 1828107317213659136 |
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| author | Mali Predrag Kuzmanović Bogdan Mitić Siniša Terek-Stojanović Edit Nikolić Milan |
| author_facet | Mali Predrag Kuzmanović Bogdan Mitić Siniša Terek-Stojanović Edit Nikolić Milan |
| author_sort | Mali Predrag |
| collection | DOAJ |
| description | The paper examines the effects of organizational culture on employee job satisfaction and financial performance. The research was carried out in organizations in Serbia. 220 employees participated in the research. The dimensions of organizational culture have statistically significant, strong, and positive correlations with the dimensions of job satisfaction and items of financial performance. The exception is the dimension of organizational culture OC3-Power Distance, which has mostly negative correlations. The strongest influences are exerted by the dimensions of Collectivism within the group, Performance Orientation, Humane Orientation, and Assertiveness. The dimensions of organizational culture have stronger predictive effects on the dimensions of job satisfaction than on the items of financial performance. Thus, organizational culture has a greater impact on individual performance, social relations, personal feelings, and satisfaction of employees, while financial performance is also influenced by numerous external factors, such as the state of the industry, the strength, and performance of the competition, consumer needs, and requirements. |
| first_indexed | 2024-04-11T10:29:18Z |
| format | Article |
| id | doaj.art-75a2c8899bb4419195d394c4ef12ef09 |
| institution | Directory Open Access Journal |
| issn | 2334-9638 2217-8147 |
| language | English |
| last_indexed | 2024-04-11T10:29:18Z |
| publishDate | 2022-01-01 |
| publisher | University of Novi Sad, Technical faculty Mihajlo Pupin, Zrenjanin |
| record_format | Article |
| series | Journal of Engineering Management and Competitiveness |
| spelling | doaj.art-75a2c8899bb4419195d394c4ef12ef092022-12-22T04:29:29ZengUniversity of Novi Sad, Technical faculty Mihajlo Pupin, ZrenjaninJournal of Engineering Management and Competitiveness2334-96382217-81472022-01-01121445610.5937/jemc2201044M2334-96382201044MThe effects of organizational culture on job satisfaction and financial performanceMali Predrag0Kuzmanović Bogdan1Mitić Siniša2Terek-Stojanović Edit3Nikolić Milan4https://orcid.org/0000-0001-6643-1442University of Novi Sad, Faculty of Technical Science, Novi Sad, SerbiaUniversity of Novi Sad, Faculty of Technical Science, Novi Sad, SerbiaUniversity of Novi Sad, Faculty of Technical Science, Novi Sad, SerbiaUniversity of Novi Sad, Technical Faculty 'Mihajlo Pupin' in Zrenjanin, Zrenjanin, SerbiaUniversity of Novi Sad, Technical Faculty 'Mihajlo Pupin' in Zrenjanin, Zrenjanin, SerbiaThe paper examines the effects of organizational culture on employee job satisfaction and financial performance. The research was carried out in organizations in Serbia. 220 employees participated in the research. The dimensions of organizational culture have statistically significant, strong, and positive correlations with the dimensions of job satisfaction and items of financial performance. The exception is the dimension of organizational culture OC3-Power Distance, which has mostly negative correlations. The strongest influences are exerted by the dimensions of Collectivism within the group, Performance Orientation, Humane Orientation, and Assertiveness. The dimensions of organizational culture have stronger predictive effects on the dimensions of job satisfaction than on the items of financial performance. Thus, organizational culture has a greater impact on individual performance, social relations, personal feelings, and satisfaction of employees, while financial performance is also influenced by numerous external factors, such as the state of the industry, the strength, and performance of the competition, consumer needs, and requirements.https://scindeks-clanci.ceon.rs/data/pdf/2334-9638/2022/2334-96382201044M.pdforganizational culturejob satisfactionfinancial performanceemployeesserbia |
| spellingShingle | Mali Predrag Kuzmanović Bogdan Mitić Siniša Terek-Stojanović Edit Nikolić Milan The effects of organizational culture on job satisfaction and financial performance Journal of Engineering Management and Competitiveness organizational culture job satisfaction financial performance employees serbia |
| title | The effects of organizational culture on job satisfaction and financial performance |
| title_full | The effects of organizational culture on job satisfaction and financial performance |
| title_fullStr | The effects of organizational culture on job satisfaction and financial performance |
| title_full_unstemmed | The effects of organizational culture on job satisfaction and financial performance |
| title_short | The effects of organizational culture on job satisfaction and financial performance |
| title_sort | effects of organizational culture on job satisfaction and financial performance |
| topic | organizational culture job satisfaction financial performance employees serbia |
| url | https://scindeks-clanci.ceon.rs/data/pdf/2334-9638/2022/2334-96382201044M.pdf |
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