Strategic Orientation for Improving Financial Performance: Case Study in Al-Qadissiya Governorate Banking

Basim Abbas Kraidy Jassmy (), Cristian-Silviu Banacu () and Zaki Muhammad Abbas Bhaya ()
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Basim Abbas Kraidy Jassmy: The Bucharest University of Economic Studies, Romania
Cristian-Silviu Banacu: The Bucharest University of Economic Studies, Romania
Zaki Muhammad Abbas Bhaya: The Bucharest University of Economic Studies, Romania

Management and Economics Review, 2017, vol. 2, issue 1, 147-164

Abstract: This study investigated the relationships between market turbulence, competitive intensity, customer orientation, competitor orientation, inter-functional coordination, organizational commitment and financial performance in the banks of Al-Qadissya governorate. A survey questionnaire was conducted for investigation and data was collected from 170 mangers that work in these banks. To test these relationships, the authors examined all the variables under (SPSS V 20). In order to reveal the effects of the variables, the findings showed that market instability and competitive intensity have effect on strategic orientation, while market instability has no effect on organizational commitment and financial performance. At the same time, inter-functional coordination has no effect on organizational commitment. Furthermore, the study findings showed correlations between competitive intensity and organizational commitment, while there is no correlation between competitive intensity and financial performance. At last, organizational commitment influences financial performance. According to the study results could be improved by all types of strategic orientation and enhance organizational commitment that increase financial performance.

Keywords: market turbulence; competitive intensity; strategic orientation; organizational commitment; financial performance. (search for similar items in EconPapers)
JEL-codes: M19 M31 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:rom:merase:v:2:y:2017:i:1:p:147-164

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