Small Business Struggle in a Developing Economy:Does Organizational Culture Matter?

Michael Stoica (), Liviu Florea () and Edit Lukacs
Additional contact information
Michael Stoica: School of Business, Washburn University, Topeka, Kansas, USA
Liviu Florea: School of Business, Washburn University, Topeka, Kansas, USA

Economics and Applied Informatics, 2012, issue 3, 5-14

Abstract: The paper examines the relationship between two important variables that define small and medium-sized enterprises:organizational culture and responsiveness. Firms operating in Romania were selected for the study. The country offers a business context with many changes over the last two decades, a challenge and an opportunity for researchers. Results show that the combination of entrepreneurial characteristics and planning and goal oriented managerial styles suits best successful companies. The market-driven type of culture has the best coordination and is best positioned to deliver customer-centered versatility, while adhocracy helps businesses respond fast to changes in the market environment

Keywords: Organizational culture; Responsiveness; Developing economy; Small and medium-sized enterprises (search for similar items in EconPapers)
JEL-codes: M13 M14 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.ann.ugal.ro/eco/Doc2012.3/Stoica_Florea_Lukacs.pdf (application/pdf)

Related works:
Journal Article: Small Business Struggle in a Developing Economy:Does Organizational Culture Matter? (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2012:i:3:p:5-14

Access Statistics for this article

More articles in Economics and Applied Informatics from "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Gianina Mihai ().