FEATURES OF CORPORATE CULTURE IN KAZAKHSTANI COMPANIES

The purpose of the research is to study characteristics of corporate culture in Kazakhstan, as well as the main factors having an impact on its development. A separate research question is to understand how the importance of building a healthy corporate culture is viewed in the country as a whole. Methodology . Both qualitative and quantitative research methods were used in this paper. Analysis of the materials on the topic being considered based on the scientific materials and publications in mass media acted as qualitative research methods (discourse and content analysis). As quantitative: an expert survey conducted in 2022, which was attended by 128 experts from trade unions, company management, experts in the field of social and labor relations, economists, political scientists and public figures. Originality / value of the research . The research presents factors that hinder or limit the development of the healthy corporate culture, taking into account Kazakhstani, country specifics, which makes the work valuable. Results of the research . The results of the paper include the author's assessment of the hierarchy of factors limiting the development of the corporate culture in Kazakhstani companies. Among them: the impact of the environment, namely the uncertainty of the rules of the game, the lack of strategic plans for the development of most companies, which is reflected in the orientation to maximize profits from transactions without a long-term perspective. Another factor is poor quality management; in Kazakhstan realities this factor is not given so much importance in understanding its influence on corporate culture of companies. Nevertheless, according to ECPM research, poor management is the second most important cause of social and labor conflicts in the country. In the same context, authoritarian management style, hierarchical approach in decision-making in the company also act as a significant factor hindering the development of a healthy corporate culture.

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Publication Details

Journal
Central Asian Economic Review
Published
2024-09-05
DOI
https://doi.org/10.52821/2789-4401-2024-3-39-47
Primary Topic
Education and Professional Development
Type
article
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article

FEATURES OF CORPORATE CULTURE IN KAZAKHSTANI COMPANIES

А. S. Zhusupova, Yerbol Ismailov
Central Asian Economic Review
Education and Professional Development
article

FEATURES OF CORPORATE CULTURE IN KAZAKHSTANI COMPANIES

А. S. Zhusupova, Yerbol Ismailov
article en

Abstract

The purpose of the research is to study characteristics of corporate culture in Kazakhstan, as well as the main factors having an impact on its development. A separate research question is to understand how the importance of building a healthy corporate culture is viewed in the country as a whole. Methodology . Both qualitative and quantitative research methods were used in this paper. Analysis of the materials on the topic being considered based on the scientific materials and publications in mass media acted as qualitative research methods (discourse and content analysis). As quantitative: an expert survey conducted in 2022, which was attended by 128 experts from trade unions, company management, experts in the field of social and labor relations, economists, political scientists and public figures. Originality / value of the research . The research presents factors that hinder or limit the development of the healthy corporate culture, taking into account Kazakhstani, country specifics, which makes the work valuable. Results of the research . The results of the paper include the author's assessment of the hierarchy of factors limiting the development of the corporate culture in Kazakhstani companies. Among them: the impact of the environment, namely the uncertainty of the rules of the game, the lack of strategic plans for the development of most companies, which is reflected in the orientation to maximize profits from transactions without a long-term perspective. Another factor is poor quality management; in Kazakhstan realities this factor is not given so much importance in understanding its influence on corporate culture of companies. Nevertheless, according to ECPM research, poor management is the second most important cause of social and labor conflicts in the country. In the same context, authoritarian management style, hierarchical approach in decision-making in the company also act as a significant factor hindering the development of a healthy corporate culture.

Central Asian Economic Review(3)
Decent work and economic growth
Openalex Percentile: Top 79%
Education and Professional Development
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