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Received: 2023-10-14 | Accepted: 2024-01-30 | Published: 2024-03-30

Title

Impact of COVID-19 on corporate culture

Abstract

The crisis associated with the global COVID-19 pandemic has had an impact on the economies of all countries in the world. The stoppage of production lines, insufficient demand, and layoffs were just some of the negative effects that Slovak enterprises also experienced as a result of the dynamically changing business environment. The aim of the research is to determine whether the perception of corporate culture in Slovakia was affected by the COVID-19 pandemic. It is achieved by identifying the type of corporate culture that dominated at the beginning and after the crisis caused by the COVID-19 pandemic. The methodology of Cameron and Quinn, based on the Organizational Culture Assessment Instrument, was chosen. Corporate culture was analyzed based on the opinions of employees working in the private sector in Slovakia during the period from 2020 to 2023. The significance of differences was tested using the Tukey HSD test. The novelty of the research is that the research results confirmed that changes existed in the perception of partial areas of corporate culture, as well as in the perception of the corporate culture type, over time in Slovakia. Furthermore, based on the results obtained, it can be concluded that clan corporate culture dominated in the private sector in Slovakia in 2020; however, hierarchy corporate culture dominated in 2023. The research results are valuable from the point of view of the development of knowledge in the area of corporate culture in Slovakia, understanding its development, and the impact of global trends on corporate culture.

Keywords

corporate culture, The Organizational Culture Assessment Instrument, COVID-19, private sector, Tukey HSD test

JEL classifications

M21 , M14 , O15

URI

http://jssidoi.org/jesi/article/1165

DOI

DOI 10.9770/jesi.2024.11.3(7)

Pages

99-117

Funding

This research was supported by VEGA 1/0161/21 “Dependence of the type of corporate culture on the industries of Slovak enterprises and selected socio-demographic factors“, KEGA 012UCM-4/2022 “Human Resources Management in a Digital World ‒ A Bilingual (Slovak-English) Course Book with E-learning Modules based on Multimedia Content“, APVV-20-0004 “The effect of an increase in the anthropometric measurements of the Slovak population on the functional properties of furniture and the business processes“.

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Lorincová, Silvia

Technical University in Zvolen, Zvolen, Slovakia https://www.tuzvo.sk

Articles by this author in: CrossRef | Google Scholar

Journal title

Entrepreneurship and Sustainability Issues

Volume

Number

Issue date

March 2024

Issue DOI

DOI 10.9770/jesi.2024.11.3

ISSN

ISSN 2345-0282 (online)

Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Article views & downloads

HTML views: 190 | PDF downloads: 127

References

Aktar, A., Alam, M.M., & Al-Amin, A. (2021). Global Economic Crisis, Energy Use, CO2 Emissions, and Policy Roadmap Amid COVID-19. Sustainable Production and Consumption, 26, 770-781. http://dx.doi.org/10.1016/j.spc.2020.12.029