The economic efficiency of corporate culture
Strategic Management JournalPublished 1 January 1988
Colin F. Camerer, A.P.J. Vepsäläinen
Citations289
SJR quartileQ1
SJR score10.18
SNIP3.84
Generate an AI Snapshot to get a quick, structured summary of this paper.
Study Snapshot
ObjectiveStudy objective
MethodsResearch methodology
PopulationPopulation studied
Sample sizeSample sizes
OutcomesStudy outcomes here
ResultsStudy results comes here
LimitationsResearch study limitations comes here
A concise AI-generated summary of the paper will appear here once you click Generate AI Snapshot.
TL;DR
It is explained how culture can be economical, and when different types of cultures will flourish, and it is suggested when they will flourish.
Abstract
Corporate culture is a set of broad, tacitly understood rules which tell employees what to \ndo under a wide variety of unimaginable circumstances. We explain how culture can be \neconomical, and suggest when different types of cultures will flourish.
Keywords
Social SciencesEconomics, Econometrics and Finance
American Sociological ReviewExchange and Power in Social Life.
13,816 Citations1965Robert Bierstedt, Peter M. Blau
Exchange and Power in Social Life
13,632 Citations2017Peter M. Blau
American Sociological ReviewThe Theory of Social and Economic Organization.
11,451 Citations1948Gottfried Salomon Delatour, Max Weber +2 more
Production, Information Costs and Economic Organization
9,751 Citations1996Armen A. Alchian, Harold Demsetz
Academy of Management ReviewOrganizational Culture and Leadership
9,693 Citations1986William G. Tierney, Edgar H. Schein
Journal of Political EconomyThe Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration
9,389 Citations1986Sanford J. Grossman, Oliver Hart
Journal of Sound and VibrationJournal of experimental psychology: Human Perception and performance
5,477 Citations1987Ritske De Jong, Michael G. H. Coles +2 more
It is argued that all monocular experiments dealing with visual direction should control for phoria-induced error and correlations between phoria and the pre- to posttest differences were .45 and .77, depending on the number of adaptation trials.
The Economic JournalThe Principles of Scientific Management.
5,317 Citations1912Lord Woolf, Frederick Winslow Taylor +2 more
The SAGE Encyclopedia of Economics and SocietyPrinciples of Scientific Management, The
5,094 Citations2015
Administrative Science QuarterlyMarkets, Bureaucracies, and Clans
4,645 Citations1980William G. Ouchi
The transactions cost approach provides such a framework because it allows us to identify the conditions which give rise to the costs of mediating exchanges between individuals: goal incongruence and performance ambiguity.
Long Range PlanningIn search of excellence: Lessons from America's best- run companies
4,465 Citations1983
Academy of Management ReviewOrganizational Culture: Can It Be a Source of Sustained Competitive Advantage?
3,150 Citations1986Jay B. Barney
Business HorizonsCorporate cultures: The rites and rituals of corporate life
2,940 Citations1983Terrence E. Deal, Allan A. Kennedy
The Bell Journal of EconomicsUncertain Imitability: An Analysis of Interfirm Differences in Efficiency under Competition
2,851 Citations1982Steven A. Lippman, Richard P. Rumelt
American Economic ReviewThe American Economic Review
2,750 Citations2013Herbert A. Simon, Theories O F Decision-making +1 more
Administrative Science QuarterlyRestoring Our Competitive Edge: Competing through Manufacturing.
2,238 Citations1985Laura Thomas, Robert H. Hayes +1 more
Computer Law & Security ReportHackers — Heroes of the computer revolution
1,472 Citations1986
Hackers brilliantly captured a seminal moment when the risk-takers and explorers were poised to conquer twentieth-century America's last great frontier and in the Internet age, the hacker ethic-first espoused here-is alive and well.
Administrative Science QuarterlyEfficient Cultures: Exploring the Relationship Between Culture and Organizational Performance
1,181 Citations1983Alan L. Wilkins, William G. Ouchi
It is claimed that the existence of local organizational cultures that are distinct from more generally shared background cultures occurs relatively infrequently and that local organizational culture will be more critical to performance in one range of organizations than in others.
Organizational DynamicsMatching corporate culture and business strategy
840 Citations1981Howard Schwartz, Stanley M. Davis
Administrative Science QuarterlyThe Uniqueness Paradox in Organizational Stories
749 Citations1983Joanne Martin, Martha S. Feldman +2 more
Journal of Experimental Psychology Human Perception & PerformanceFault trees: Sensitivity of estimated failure probabilities to problem representation.
717 Citations1978Baruch Fischhoff, Paul Slovic +1 more
Major results were: people were quite insensitive to what had been left out of a fault tree, increasing the amount of detail for the tree as a whole or just for some of its branches produced small effects on perceptions, and the perceived importance of a particular branch was increased by presenting it in pieces.
The American Journal of PsychologyCognitive Psychology and Information Processing: An Introduction
633 Citations1979C. P. D., Roy Lachman +2 more
Current AnthropologyLikeness and Likelihood in Everyday Thought: Magical Thinking in Judgments About Personality [and Comments and Reply]
311 Citations1977Richard A. Shweder, Joseph B. Casagrande +4 more
Strategic Management JournalBeyond the reach of the invisible hand: Impediments to economic activity, market failures, and profitability
147 Citations1988Dennis A. Yao
It is argued that failures of the competitive market are necessary conditions for supranormal profitability and the identification of these ‘impediments to economic activity’ is useful for determining successful strategies to exploit market failures.
Strategic Management JournalAn interactive strategic analysis framework
34 Citations1988Keith Weigelt, Ian C. MacMillan
A framework is presented that helps managers systematically evaluate strategic alternatives and it is empirically illustrated how to use the framework, and how changes in beliefs about environmental factors affect the payoffs of specified strategic alternatives.
