Journal of Northeastern University(Social Science) ›› 2014, Vol. 16 ›› Issue (3): 243-249.DOI: -

• Economics and Management • Previous Articles     Next Articles

Can Culture Control Sustainably Improve Enterprise Performance?Empirical Evidence from Enterprise Groups in Finance Industry

LIANG Erang, ZHANG Yuming   

  1. (School of Management, Shandong University, Jinan 250100, China)
  • Received:2013-09-20 Revised:2013-09-20 Online:2014-05-25 Published:2014-12-30
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Abstract: In the transitional economy circumstance, enterprise groups in our country are confronted with huge press of control model reform. Based on the empirical evidence from 60 enterprise groups in finance industry, the paper comes to the conclusion that, excluding the elements of enterprise scale, age, nature and entrepreneur, group culture control significantly reinforces the performance of subsidiaries. However, the relationship is not simply linear but curve, showing the form of inverted U. Besides, in the environment with high uncertainty, the effect of group culture control on performance is more obvious, which means that culture control can serve as an effective control method through performing sustainable influence.

Key words: culture control, enterprise performance, environment with high uncertainty, enterprise group

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