Relational capability, organizational competencies and financial performance in small and medium-sized companies in Slovenia
Journal Title: Journal of Management and Business Administration. Central Europe - Year 2011, Vol 19, Issue 4
Abstract
This paper examines the relationship between relational capability and financial as well as nonfinancialperformance. It is hypothesized that relational capability that is based on vertical ties enhances financial performance and the development of organizational competencies. This theory is tested using cross sectional data concerning SMEs from most internationalized industries in Slovenia. The results of the regression analysis partially support the hypothesis. Higher relational capability in a supplier network is associated with a higher level of both financial performance and knowledge-based organizational competencies. However, the results on relational capability in a customer network with respect to organizational competencies are insignificant. Therefore, the findings of our study show that the vertical ties that companies develop (with suppliers and customers) are not of equal importance.
Authors and Affiliations
Mariola Ciszewska-Mlinarič, Franjo Mlinarič, Krzysztof Obłój
Keywords
Related Articles
- EP ID EP79912
- DOI -
- Views 161
- Downloads 0
Open Models of Innovation Processes as a Future Management Challenge for Small and Medium-sized Enterprises in Poland
Purpose: The increasing pace of technological progress, hyper-competitiveness, volatility of markets, dominant in the contemporary society all cause signifcant changes in the approach to innovation and lead to the emerge...
Venture Capital and Exporting – Some Evidence from EU Countries
Purpose: The aim of this article is to present the results of the research on the export of venture capital backed firms in the European Union countries.<br/><br/>Methodology: For the purpose of this article, the author...
Tozsamość nauki o zarządzaniu
Motivational Factors to be a Mentor in Formal Mentoring in Organisations. The Role of Intrinsic and Extrinsic Motivation in the Propensity to Mentor
Purpose: The purpose of the study was to examine the motivational factors of propensity to be a mentor by managers in a formal mentoring in organisations. The author addresses the importance of intrinsic and extrinsic mo...
Relational capability, organizational competencies and financial performance in small and medium-sized companies in Slovenia
This paper examines the relationship between relational capability and financial as well as nonfinancialperformance. It is hypothesized that relational capability that is based on vertical ties enhances financial perform...