Impact of Workplace Spirituality on Corporate Financial Performance
DOI:
https://doi.org/10.17010/pijom/2013/v6i9/60026Keywords:
Workplace Spirituality
, Corporate Financial Performance, Employees, Organizations, Organization ValuesG3
, G30, Z1, Z12Paper Submission Date
, June 12, 2013, Paper sent back for Revision, July 7, Paper Acceptance Date, July 23, 2013.Abstract
This paper examines the perception of employees with regard to Workplace Spirituality and their perceived effect on Corporate Financial Performance. The findings of the study confirm a weak positive correlation between Workplace Spirituality and Corporate Financial Performance. The results indicate that Transcendence, Organizational Values, Individual and the Organization are the significant sub-dimensions of Workplace Spirituality that impact Corporate Financial Performance. The effects of Age, Gender, and Work Experience on Workplace Spirituality are also examined, with Gender difference making no impact. Age and Work Experience have an effect on Workplace Spirituality. Organizations need to do a lot more to align employees with organization values, so as to create a desired connect between Workplace Spirituality and Corporate Financial Performance.
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