THE INFLUENCE OF NATIONAL ON THE CORPORATIVE CULTURE, USING THE CASE STUDY OF SOUTH KOREA
Journal Title: Acta Economica - Year 2009, Vol 7, Issue 11
Abstract
The influence of national on the corporative culture has been presented in this paper. First of all organizational culture is defined, and then dimensions of national cultures are stated. Special attention in this paper is paid to impact of national on the organizational culture, using the case study of South Korea. In only three decades, Korea has grown from agrarian society into a serious modern industrial power. Its rise today is considered no less than an economic miracle and an inspiration for many managers who facing with new sources of competitions. Korean corporate culture is the central building block for longterm corporate success and principal instrument of competition and vitality. A great number of characteristics distinguish the Korean firm in comparison to Japanese or American firm. These can be boiled to seven essential categories, which express the value Korean corporate culture: the centrality of work, group harmony and social contract, personal relationships, paternalism in superior/subordinate relationships, general job descriptions, nonverbal cues, the decision-making process and personal accountability. Managers of the internationally oriented companies need to continuously explore and respect the characteristics of the culture in an international environment. The world market process of globalization and business needs reorientation of enterprise business philosophy and successful turn to business surroundings.
Authors and Affiliations
Радмила Мицић, PhD
Keywords
Related Articles
- EP ID EP43672
- DOI -
- Views 254
- Downloads 0
Business Environment in Bosnia and Herzegovina – Analysis of the Current Situation and Recommendations for Improvement
Poor economic and social situation in Bosnia ane Herzegovina; high unemployment rate, stagnation of GDP, week export/import ratio, uncultivated agricultural land, lack of domestic and foreign investments, all is pointing...
Appraisal of financial indicators average values in joint-stock companies of Republic of Srpska
On the basis of sample composed of 593 joint-stock companies, and for 99 % confidence level we have estimated financial indicator average values for these group of enterprises. Profitability, asset efficiency and asse...
Interdependence between tax policy and development of the SME sector: An empirical study in the Republic of Srpska
Small and medium sized enterprises (SMEs) are increasingly the subject of interest and support of the governments of developed countries in which these businesses are one of the factors that influence the economical devel...
Model of good local self-management in Bosnia and Herzegovina as a factor of business ambiance
Management reforms are present in Bosnia and Herzegovina for a long time, but concerning their positive effects in the practice we have come to contradictory stands on how much reforms influenced certain changes and consid...
The Importance and Opportunities of Autonomous Industrial Policy Management in the Context of European Integration
After a long period in which industrial policy was in a kind of scientific exile, it is once again in the center of interest both to the academic and general public. The last crisis, due to the nature of the causes that...