CD Skripsi
Corporate Culture, Ceo Turnover, And Financial Performance (Evidence From Manufacture Companies Listed In Indonesia Stock Exchange 2019-2022)
ABSTRACT
This study aims to examine the impact of corporate culture and CEO turnover on the financial performance of manufacturing companies listed on the Indonesia Stock Exchange during the period 2019-2022. Corporate culture plays a crucial role in shaping the strategic direction of a company, which ultimately affects its performance, while CEO turnover can influence organizational stability and decision-making processes. This research analyzes various types of corporate culture and their impact on financial performance outcomes. The study adopts the Competing Values Framework (CVF) to analyze the influence of corporate culture on financial performance. The Competing Values Framework (CVF) is a model that was first developed by Kim S. Cameron and Robert E. Quinn in the 1983. CVF categorizes organizational culture into four dimensions: collaboration, control, competition, and creativity. The findings of the study indicate that control- oriented culture and collaboration-oriented culture impact financial performance. This research contributes to the understanding of how corporate culture shapes a company's success and provides valuable implications for business practitioners and policymakers.
Keywords : Corporate Culture, CEO Turnover, Financial Performance, CVF
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