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The Effects of Leadership and Management to Organizational Atmosphere and the Impact to Cash Flow Earnings: A Study from SME-Companies in Finland

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Advances in Human Factors, Business Management and Leadership (AHFE 2020)

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 1209))

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Abstract

Due to organizational atmosphere being a very broad entirety, which extends practically to all activities and levels of the organization, it can be considered a strategic matter. Good organizational atmosphere shows off, among other things, as an employee’s satisfaction and empowerment, which increases organizations abilities to innovate and enhance customer satisfaction. Those can be measured with cash flow earnings.

This article shows trough a study, made in several Finnish SME-companies, a different way to measure performance and success. The good organizational atmosphere has huge impacts for the financial performance of the company as the article will show. Article also answers to questions how and why cash flow earnings is a good and relevant way to measure success and performance. The future research actions and needs are handled and addressed in the end of the article.

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Acknowledgments

This study was made together with Adecco Finland Oy. Special acknowledgments to a member of the Finnish management consultants association LJK, Mr. Riku Lehtinen. Whose lifework on consulting with cash flow earnings method enabled this study.

Author information

Authors and Affiliations

  1. Strategic Accounting Finland Oy, Ruokorannantie 15, 20900, Turku, Finland

    Marcus Penttinen

  2. School of Technology and Innovations, University of Vaasa, Yliopistonranta 10, 65200, Vaasa, Finland

    Marcus Penttinen

  3. Turku University of Applied Sciences, Engineering and Business, ICT, Joukahaisenkatu 3, 20520, Turku, Finland

    Lauri Raitala & Tero Reunanen

  4. AM Security Oy, Ruissalontie 15, 20200, Turku, Finland

    Lauri Raitala

  5. Department of Mechanical Engineering, University of Turku, 20014, Turun yliopisto, Turku, Finland

    Jussi Kantola

  6. Department of Management and Information Systems, Faculty of Engineering Management, Poznan University of Technology, 5 M. Skłodowska-Curie Square, 60-965, Poznan, Poland

    Jussi Kantola

Authors
  1. Marcus Penttinen
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  2. Lauri Raitala
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  3. Tero Reunanen
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  4. Jussi Kantola
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Corresponding author

Correspondence to Marcus Penttinen .

Editor information

Editors and Affiliations

  1. Department of Production, University of Vaasa, Vaasa, Finland

    Jussi Ilari Kantola

  2. Institute of Maritime Operations, University College of Southeast Norway, Borre, Norway

    Salman Nazir

  3. Häme University of Applied Sciences, Hämeenlinna, Finland

    Vesa Salminen

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Penttinen, M., Raitala, L., Reunanen, T., Kantola, J. (2020). The Effects of Leadership and Management to Organizational Atmosphere and the Impact to Cash Flow Earnings: A Study from SME-Companies in Finland. In: Kantola, J., Nazir, S., Salminen, V. (eds) Advances in Human Factors, Business Management and Leadership. AHFE 2020. Advances in Intelligent Systems and Computing, vol 1209. Springer, Cham. https://doi.org/10.1007/978-3-030-50791-6_20

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  • DOI: https://doi.org/10.1007/978-3-030-50791-6_20

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-50790-9

  • Online ISBN: 978-3-030-50791-6

  • eBook Packages: EngineeringEngineering (R0)

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