DOIONLINE

DOIONLINE NO - IJMAS-IRAJ-DOIONLINE-12798

Publish In
International Journal of Management and Applied Science (IJMAS)-IJMAS
Journal Home
Volume Issue
Issue
Volume-4,Issue-6  ( Jun, 2018 )
Paper Title
Formalization and business performance: Is operational performance a relevant link?
Author Name
Odette Chams-Anturi, Juan P. Escorcia-Caballero, MarĂ­a D. Moreno-Luzon
Affilition
Department of Management, Faculty of Economics, University of Valencia. Valencia, Spain Business School, Universidad del Norte. Barranquilla, Colombia
Pages
49-53
Abstract
There is no consensus in the organizational literature about the relationship between formalization and firm performance. Some studies have suggested that formalization is beneficial for organization performance, but others have generated contradictory results. In this research, we try to analyze the relationships between formalization, operational performance, and business performance. To test these hypotheses, the structural equation technique was used on data from a survey carried out on organic agro-food Spanish industrial firms. The results obtained show that operational performance fully mediates the relationship between formalization and business performance. Our findings contribute to the organizational literature, providing theoretical and empirical explanations of formalization implications. Keywords - Business Performance, Formalization, Operational Performance, Organic Agro-Food Industry.
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