<abstract xmlns="http://www.w3.org/1999/xhtml">

<sec><h3>Research background</h3>
<p>Corporate ideology is perceived as a set of fundamental beliefs held by company members about how the company and its members should behave in relation to one another and the outside world. In this paper, corporate ideology is treated as the basis for creating an organization’s identity and as an extremely important factor in its success.</p>
</sec>
<sec><h3>Purpose</h3>
<p>The aim of this paper is to analyze the corporate ideologies of banks operating in the Republic of Croatia, to classify different ideologies, and finally, to determine what kind of identity the surveyed banks communicate through their corporate ideologies.</p>
</sec>
<sec><h3>Research methodology</h3>
<p>A comparative and content analysis are applied as qualitative methods of research of an interpretative character.</p>
</sec>
<sec><h3>Results</h3>
<p>The corporate ideologies of two of the analyzed banks (ZABA and Erste) are described as social institutionalism, and PBZ’s ideology is labeled as social corporatism. Detected corporate ideologies do not serve to build the authenticity of banks’ identities.</p>
</sec>
<sec><h3>Novelty</h3>
<p>The main novelty of this research is in the methodology of reaching corporate ideologies. Unlike previous works on corporate ideology, in this paper public messages communicated in (digital) media were the main sources for the analysis of an organization’s core values and ideologies resulting from it. Also, a simple framework for the possible classification of different corporate ideologies was provided.</p>
</sec>
</abstract>

Research background
Corporate ideology is perceived as a set of fundamental beliefs held by company members about how the company and its members should behave in relation to one another and the outside world. In this paper, corporate ideology is treated as the basis for creating an organization’s identity and as an extremely important factor in its success.

Purpose
The aim of this paper is to analyze the corporate ideologies of banks operating in the Republic of Croatia, to classify different ideologies, and finally, to determine what kind of identity the surveyed banks communicate through their corporate ideologies.

Research methodology
A comparative and content analysis are applied as qualitative methods of research of an interpretative character.

Results
The corporate ideologies of two of the analyzed banks (ZABA and Erste) are described as social institutionalism, and PBZ’s ideology is labeled as social corporatism. Detected corporate ideologies do not serve to build the authenticity of banks’ identities.

Novelty
The main novelty of this research is in the methodology of reaching corporate ideologies. Unlike previous works on corporate ideology, in this paper public messages communicated in (digital) media were the main sources for the analysis of an organization’s core values and ideologies resulting from it. Also, a simple framework for the possible classification of different corporate ideologies was provided.

A Comparative Analysis of the Corporate Ideologies of Banks Operating in the Republic of Croatia

Folia Oeconomica Stetinensia

This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License.

Research background
Corporate ideology is perceived as a set of fundamental beliefs held by company members about how the company and its members should behave...

A Comparative Analysis of the Corporate Ideologies of Banks Operating in the Republic of Croatia

Published Online: Jun 09, 2023

Page range: 124 - 143

Received: Nov 28, 2022

Accepted: Mar 24, 2023

DOI: https://doi.org/10.2478/foli-2023-0007

Keywords
core purpose, core values, corporate identity, corporate ideology

© 2023 Stjepan Lacković et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License.

A Comparative Analysis of the Corporate Ideologies of Banks Operating in the Republic of Croatia

Published Online: Jun 09, 2023

Page range: 124 - 143

Received: Nov 28, 2022

Accepted: Mar 24, 2023

DOI: https://doi.org/10.2478/foli-2023-0007

Keywordscore purpose, core values, corporate identity, corporate ideology

© 2023 Stjepan Lacković et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License.

Keywords
core purpose, core values, corporate identity, corporate ideology