Research Article

EFFECTS OF INSTITUTIONALISATION FACTORS AND BENCHMARKING TECHNIQUES ON THE FIRM PERFORMANCE

Volume: 6 Number: 2 June 30, 2017
EN

EFFECTS OF INSTITUTIONALISATION FACTORS AND BENCHMARKING TECHNIQUES ON THE FIRM PERFORMANCE

Abstract

Purpose- In this study, the effects of institutionalisation factors and benchmarking techniques in Turkish family companies providing service in the food sector on company performance were put forward with a literature survey.

Methodology- A survey was applied to the employees of family companies providing service in the food sector by using a seven-point Likert-type scale consisting of 56 questions, and 160 surveys were evaluated. The survey results were evaluated in the light of the reliability analyses of the answers, factor analyses, correlation analyses, and regression analyses by using SPSS.

Findings- The effects of institutionalisation, sustainable management, and benchmarking on company performance were determined with the applied analysis technique. As a result, it was determined that institutionalization and benchmarking techniques have a significant impact on company performance.

Conclusion- In Turkey, it is necessary for family companies to develop an action plan based on institutional principles rather than the bossoriented management approach and take action accordingly. In other words, it is not possible to talk about institutionalisation without the employment of qualified professionals and training, along with objective performance evaluation. 

Keywords

References

  1. Akça, N., Aile İşletmelerinin Tanımı, Özellikleri ve Aile İşletmelerinde Kurumsallaşma, Denizli İlinde Bir Araştırma [The Definition, Characteristics of Family Companies and Institutionalization in Family Companies, a Study in the province of Denizli], Yayınlanmamış Yüksek Lisans Tezi, Pamukkale Üniversitesi Sosyal Bilimler Enstitüsü, Denizli, 2010.
  2. Akdağ, H., Değişim Mühendisliği ve Kıyaslama (Benchmarking) Yönetim Tekniklerinin Firma Performansı Üzerindeki Etkisi: Bir İstanbul Örneği, [The Effect of the Management Techniques of Reengineering and Benchmarking on the Company Performance: an Example of Istanbul], Yayınlanmamış Yüksek Lisans Tezi, Beykent Üniversitesi Sosyal Bilimler Enstitüsü, İstanbul, 2014.
  3. Aktaş, N., "Kars, Ardahan, Iğdır Bölgesinde Faaliyette Bulunan Üretim İşletmelerinde Benchmarking Yönetim Tekniğinin Bilinirliği ve Uygulanabilirliği Üzerine Bir Araştırma [A study on the Familiarity and Applicability of the Benchmarking Management Technique in Production Businesses Operating in the Region of Kars, Ardahan, Iğdır], Yayınlanmamış Yüksek Lisans Tezi, Kafkas Üniversitesi Sosyal Bilimler Enstitüsü, Kars, 2009.
  4. Avcı, S., Kargo Firmalarında Lojistik Performansın Değerlendirilmesi ve Bir Benchmarking Uygulaması [The Evaluation of the Logistics Performance in Courier Companies and a Benchmarking Implementation], Yayınlanmamış Yüksek Lisans Tezi, Gebze Yüksek Teknoloji Enstitüsü Sosyal Bilimler Enstitüsü, Gebze, 2007.
  5. Barnett, M. and Duvall, R., ‘Power in international politics’, International Organization 59(4): 39–75. 2005.
  6. Carstensen, M. B., & Schmidt, V. A. Power through, over and in ideas: conceptualizing ideational power in discursive institutionalism. Journal of European Public Policy, 23(3), 318-337.2016.
  7. Dogan, S., Demiral, Ö., İşletmelerde Stratejik Yönetimin Etkinliğini Araştırmada Önemli Bir Araç; Benchmarking [An Important Means in Studying the Efficiency of Strategical Management in Businesses; Benchmarking], Z.K.Ü. Sosyal Bilimler Dergisi, Cilt 4, Sayı 7, 2008, ss.122.
  8. Dokuzer, B., Modern Bir Yönetim Tekniği Olarak Benchmarking'in İşletmeler Tarafından Bilinirliği ve Uygulanabilirliğinin Saptanmasına Yönelik Bir Araştırma-Niğde Örneği [A Study on the Determination of the Familiarity and Applicability of Benchmarking by Businesses as a Modern Management Technique-an Example of Niğde], Yayınlanmamış Yüksek Lisans Tezi, Niğde Üniversitesi Sosyal Bilimler Enstitüsü, Niğde, 2006.

Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Authors

Zeynep Coskun This is me

Publication Date

June 30, 2017

Submission Date

March 10, 2017

Acceptance Date

-

Published in Issue

Year 2017 Volume: 6 Number: 2

APA
Coskun, Z., & Altindag, E. (2017). EFFECTS OF INSTITUTIONALISATION FACTORS AND BENCHMARKING TECHNIQUES ON THE FIRM PERFORMANCE. Journal of Business Economics and Finance, 6(2), 155-167. https://doi.org/10.17261/Pressacademia.2017.505
AMA
1.Coskun Z, Altindag E. EFFECTS OF INSTITUTIONALISATION FACTORS AND BENCHMARKING TECHNIQUES ON THE FIRM PERFORMANCE. JBEF. 2017;6(2):155-167. doi:10.17261/Pressacademia.2017.505
Chicago
Coskun, Zeynep, and Erkut Altindag. 2017. “EFFECTS OF INSTITUTIONALISATION FACTORS AND BENCHMARKING TECHNIQUES ON THE FIRM PERFORMANCE”. Journal of Business Economics and Finance 6 (2): 155-67. https://doi.org/10.17261/Pressacademia.2017.505.
EndNote
Coskun Z, Altindag E (June 1, 2017) EFFECTS OF INSTITUTIONALISATION FACTORS AND BENCHMARKING TECHNIQUES ON THE FIRM PERFORMANCE. Journal of Business Economics and Finance 6 2 155–167.
IEEE
[1]Z. Coskun and E. Altindag, “EFFECTS OF INSTITUTIONALISATION FACTORS AND BENCHMARKING TECHNIQUES ON THE FIRM PERFORMANCE”, JBEF, vol. 6, no. 2, pp. 155–167, June 2017, doi: 10.17261/Pressacademia.2017.505.
ISNAD
Coskun, Zeynep - Altindag, Erkut. “EFFECTS OF INSTITUTIONALISATION FACTORS AND BENCHMARKING TECHNIQUES ON THE FIRM PERFORMANCE”. Journal of Business Economics and Finance 6/2 (June 1, 2017): 155-167. https://doi.org/10.17261/Pressacademia.2017.505.
JAMA
1.Coskun Z, Altindag E. EFFECTS OF INSTITUTIONALISATION FACTORS AND BENCHMARKING TECHNIQUES ON THE FIRM PERFORMANCE. JBEF. 2017;6:155–167.
MLA
Coskun, Zeynep, and Erkut Altindag. “EFFECTS OF INSTITUTIONALISATION FACTORS AND BENCHMARKING TECHNIQUES ON THE FIRM PERFORMANCE”. Journal of Business Economics and Finance, vol. 6, no. 2, June 2017, pp. 155-67, doi:10.17261/Pressacademia.2017.505.
Vancouver
1.Zeynep Coskun, Erkut Altindag. EFFECTS OF INSTITUTIONALISATION FACTORS AND BENCHMARKING TECHNIQUES ON THE FIRM PERFORMANCE. JBEF. 2017 Jun. 1;6(2):155-67. doi:10.17261/Pressacademia.2017.505

Journal of Business, Economics and Finance (JBEF) is a scientific, academic, double blind peer-reviewed, semi-annual and open-access journal. The publication language is English. The journal publishes 2 issues a year. The issuing months are June and December. The journal aims to provide a research source for all practitioners, policy makers and researchers working in the areas of business, economics and finance. The Editor of JBEF invites all manuscripts that that cover theoretical and/or applied researches on topics related to the interest areas of the Journal. JBEF charges no submission or publication fee.



Ethics Policy - JBEF applies the standards of Committee on Publication Ethics (COPE). JBEF is committed to the academic community ensuring ethics and quality of manuscripts in publications. Plagiarism is strictly forbidden and the manuscripts found to be plagiarized will not be accepted or if published will be removed from the publication. Authors must certify that their manuscripts are their original work. Plagiarism, duplicate, data fabrication and redundant publications are forbidden. The manuscripts are subject to plagiarism check by iThenticate or similar. All manuscript submissions must provide a similarity report (up to 15% excluding quotes, bibliography, abstract, method).


Open Access - All research articles published in PressAcademia Journals are fully open access; immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited. Open access is a property of individual works, not necessarily journals or publishers. Community standards, rather than copyright law, will continue to provide the mechanism for enforcement of proper attribution and responsible use of the published work, as they do now.