Organizational conservatism: the good, the bad and the ugly

Le conservatisme organisationnel: le bon, le mauvais et l'affreux

Hamza Nidaazzi and Hind Hourmat Allah ()
Additional contact information
Hamza Nidaazzi: UCA - Université Cadi Ayyad [Marrakech]
Hind Hourmat Allah: UCA - Université Cadi Ayyad [Marrakech]

Post-Print from HAL

Abstract: This paper aims to provide a comprehensive analysis of the advantages and disadvantages of conservative companies, which are sometimes criticized for their tendency to avoid risks and prefer stability. They distinguish themselves through their financial stability and resistance to economic fluctuations, making them well-suited to markets that value predictability, especially in mature markets or those with significant entry barriers. Nevertheless, their caution can also result in rigidity, a lack of innovation, and a culture of fear among employees. These companies can represent an interesting option for investors seeking reliable and stable companies, but it is important to note that their cautious approach may impede their ability to innovate and transform, ultimately hindering their short-term competitiveness. This critical article analyzes the advantages and disadvantages of conservative companies, advocating for a balanced approach that acknowledges both the need for stability and the need for innovation.

Keywords: Organizational conservatism; business performance; resistance to change; innovation; values; Conservatisme organisationnel; performance des entreprises; résistance au changement; valeurs (search for similar items in EconPapers)
Date: 2023-07-01
Note: View the original document on HAL open archive server: https://hal.science/hal-04148086v1
References: Add references at CitEc
Citations:

Published in International Journal of Accounting, Finance, Auditing, Management and Economics, 2023, 4 (3-1), pp.740-756. ⟨10.5281/zenodo.8101647⟩

Downloads: (external link)
https://hal.science/hal-04148086v1/document (application/pdf)

Related works:
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:hal:journl:hal-04148086

DOI: 10.5281/zenodo.8101647

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().