Examination on philosophy-based management of contemporary japanese corporations: Philosophy, value orientation and performance [Book Review]
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 85 (1):1 - 12 (2009)
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|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
Anusorn Singhapakdi & Scott J. Vitell (1993). Personal and Professional Values Underlying the Ethical Judgments of Marketers. Journal of Business Ethics 12 (7):525 - 533.
Citations of this work BETA
K. Gregory Jin & Ronald G. Drozdenko (2010). Relationships Among Perceived Organizational Core Values, Corporate Social Responsibility, Ethics, and Organizational Performance Outcomes: An Empirical Study of Information Technology Professionals. [REVIEW] Journal of Business Ethics 92 (3):341 - 359.
Yingyan Wang (2011). Mission-Driven Organizations in Japan: Management Philosophy and Individual Outcomes. [REVIEW] Journal of Business Ethics 101 (1):111 - 126.
Similar books and articles
Yongtae Kim & Meir Statman (2012). Do Corporations Invest Enough in Environmental Responsibility? Journal of Business Ethics 105 (1):115-129.
Richard H. Guerrette (1988). Corporate Ethical Consulting: Developing Management Strategies for Corporate Ethics. [REVIEW] Journal of Business Ethics 7 (5):373 - 380.
Peter A. Stanwick & Sarah D. Stanwick (1998). The Relationship Between Corporate Social Performance, and Organizational Size, Financial Performance, and Environmental Performance: An Empirical Examination. [REVIEW] Journal of Business Ethics 17 (2):195-204.
Yu-Chiang Hu & Chia-Ching Fatima Wang (2009). Collectivism, Corporate Social Responsibility, and Resource Advantages in Retailing. Journal of Business Ethics 86 (1):1 - 13.
Peter Pruzan (1998). From Control to Values-Based Management and Accountability. Journal of Business Ethics 17 (13):1379-1394.
Belaid Rettab, Anis Ben Brik & Kamel Mellahi (2009). A Study of Management Perceptions of the Impact of Corporate Social Responsibility on Organisational Performance in Emerging Economies: The Case of Dubai. [REVIEW] Journal of Business Ethics 89 (3):371 - 390.
Anita Jose & Shang-Mei Lee (2007). Environmental Reporting of Global Corporations: A Content Analysis Based on Website Disclosures. [REVIEW] Journal of Business Ethics 72 (4):307 - 321.
Bernadette M. Ruf, Krishnamurty Muralidhar, Robert M. Brown, Jay J. Janney & Karen Paul (2001). An Empirical Investigation of the Relationship Between Change in Corporate Social Performance and Financial Performance: A Stakeholder Theory Perspective. [REVIEW] Journal of Business Ethics 32 (2):143 - 156.
A. Salama, K. Anderson & J. S. Toms (2011). Does Community and Environmental Responsibility Affect Firm Risk? Evidence From UK Panel Data 1994–2006. Business Ethics 20 (2):192-204.
Added to index2009-01-28
Total downloads5 ( #233,563 of 1,099,670 )
Recent downloads (6 months)1 ( #301,057 of 1,099,670 )
How can I increase my downloads?