Long-term oriented culture, performance pressure and corporate innovation: Evidence from China
This paper extracts culture element of long-term orientation from Chinese listed firm's annual report, then argue and testify whether long-term orientation can help firms to hang on risky decision especially as innovation, when firms are under performance pressure. There are three main conclusi...
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| Veröffentlicht in: | PloS one 2024-05, Vol.19 (5), p.e0302148-e0302148 |
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| creator | Fang, Qiaoling Wen, Cai Xu, Hui |
| description | This paper extracts culture element of long-term orientation from Chinese listed firm's annual report, then argue and testify whether long-term orientation can help firms to hang on risky decision especially as innovation, when firms are under performance pressure. There are three main conclusions. First, we report that the higher degree of long-term oriented culture a firm has, the stronger innovation capability the firm shows. Second, we find that long-term oriented culture can improve employee's educational qualification to promote corporate innovation, as well as improve the corporate internal control to promote innovation. Third, when firms are subjected to internal or external performance pressure in their business process, higher long-term oriented culture will make firms more innovative. |
| doi_str_mv | 10.1371/journal.pone.0302148 |
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Third, when firms are subjected to internal or external performance pressure in their business process, higher long-term oriented culture will make firms more innovative.</description><identifier>ISSN: 1932-6203</identifier><identifier>EISSN: 1932-6203</identifier><identifier>DOI: 10.1371/journal.pone.0302148</identifier><identifier>PMID: 38771887</identifier><language>eng</language><publisher>United States: Public Library of Science</publisher><subject>20th century ; Accounting ; Accounting systems ; Annual reports ; China ; Commerce ; Computer and Information Sciences ; Confucianism ; Culture ; Decision making ; Ecology and Environmental Sciences ; Emerging markets ; Engineering and Technology ; External pressure ; Humans ; Individualism ; Innovations ; Internal control (Accounting) ; Investigations ; Organizational Culture ; Organizational Innovation ; People and Places ; Physical Sciences ; Research and Analysis Methods ; Social Sciences ; Sustainable development</subject><ispartof>PloS one, 2024-05, Vol.19 (5), p.e0302148-e0302148</ispartof><rights>Copyright: © 2024 Fang et al. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.</rights><rights>COPYRIGHT 2024 Public Library of Science</rights><rights>2024 Fang et al. This is an open access article distributed under the terms of the Creative Commons Attribution License: http://creativecommons.org/licenses/by/4.0/ (the “License”), which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited. Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.</rights><rights>2024 Fang et al 2024 Fang et al</rights><rights>2024 Fang et al. 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| subjects | 20th century Accounting Accounting systems Annual reports China Commerce Computer and Information Sciences Confucianism Culture Decision making Ecology and Environmental Sciences Emerging markets Engineering and Technology External pressure Humans Individualism Innovations Internal control (Accounting) Investigations Organizational Culture Organizational Innovation People and Places Physical Sciences Research and Analysis Methods Social Sciences Sustainable development |
| title | Long-term oriented culture, performance pressure and corporate innovation: Evidence from China |
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