International Journal of Advanced Multidisciplinary Research and Studies
Volume 3, Issue 4, 2023
The Relationship between Organizational Culture and Corporate Performance: A Study in Mechanical Enterprises in Hanoi
Author(s): Tran Thi Du, Nguyen Hoai Anh
Abstract:
Mechanical engineering is a profession evaluated for its potential and long-term development in Hanoi. Mechanical product manufacturing is always affected by the global competitive environment. Therefore, each mechanical enterprise must always change, find new directions, and develop new operating processes to increase business efficiency and achieve sustainable development goals. Corporate culture is a factor that affects the way a business operates and achieves its goals. Research paper in mechanical enterprises in Hanoi, with 119 satisfactory survey questionnaires sent to 119 enterprises in 3 months of 2023. The author uses PLS-Smart to process the collected data. The results show that corporate culture has a positive impact on corporate performance. Among them, adhocracy culture has the strongest impact, followed by hierarchy culture, clan culture, and finally market Culture.
Keywords: Organizational Culture, Operational Efficiency, Mechanical Enterprise
Pages: 1049-1052
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