Organizational culture and financial performance: evidence in companies listed in the Brazil Index 100

• Autor(a) principal: Portella Ilowski, Leonardo
• Data de Publicação: 2022
• Outros Autores: França Lopes, Iago, Lopes da Silva Vieira, Cintia, de Assis Machado, Danieli, Gonçalves de Matos, Ruberval, Thais Krespi Musial, Nayane
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Revista Ambiente Contábil
• Texto Completo: https://periodicos.ufrn.br/ambiente/article/view/22247
• topic: Organizational Culture; Financial Performance; Companies Listed in Brazil Bolsa Balcão [B] ³; IBrX 100.; Cultura de la organización; Rendimiento financiero; Empresas cotizadas en Brasil Bolsa Balcão [B] ³; IBrX 100.; Cultura Organizacional; Desempenho Financeiro; Empresas Listadas na Brasil Bolsa Balcão [B]³; IBrX 100.; Contabilidade Financeira

Purpose: The study investigates a relationship between organizational culture and financial performance of companies listed on the IBrX 100. Methodology: Analyze an organizational culture of 83 companies through textual analysis, based on the cultural tips developed by Cameron et al. (2006) and performance data extracted from Thomson Reuters®. Resulted: The results of the selected linear regression show that the organizational culture is related in different ways to financial performance. However, not all dimensions of culture had the same relationship in promoting performance. The control and creative dimensions have an impact on financial performance. As cultural orientations focused on promotion and collaboration are not related to performance. In this perspective, financial performance incorporates two main aspects of organizational culture: (i) a permeability of innovative elements and flexibility; and (ii) conducting processes through efficiency and operational control. Contributions of the Study: The research offers society an explicit mapping of the typifications of organizational culture, so in the long run this document can serve as strategic information for social institutions to build mechanisms that maximize the quality and informational timeliness of accounting narratives. From a theoretical point of view, the research contributes to the promotion of discussions regarding the positionality of accounting narratives in terms of influencing the company's performance and height.