THE IMPORTANCE OF CORPORATE CULTURE IN IMPROVING THE MANAGEMENT OF JOINT-STOCK COMPANIES
DOI:
https://doi.org/10.5281/zenodo.21400570Keywords:
joint-stock company, corporate culture, corporate governance, management efficiency, transparency, accountability, corporate values, labor productivity, investment attractiveness, stakeholdersAbstract
This article examines the role and importance of corporate culture in improving the management
systems of joint-stock companies. It analyzes the influence of corporate culture on the formation of shared
values, standards of behavior, management principles, labor relations, and internal communications within
an organization. In addition, the significance of corporate culture in ensuring mutual trust, transparency,
accountability, and a balance of interests among shareholders, the supervisory board, the executive body, and
employees is substantiated.
The study demonstrates that a strong corporate culture contributes to improving the quality of managerial
decision-making, strengthening employees’ commitment to corporate goals, increasing labor productivity,
reducing conflicts and conflicts of interest, and enhancing the investment attractiveness of an enterprise.
Furthermore, the article provides scientific and practical recommendations for integrating corporate values into
the strategic management systems of joint-stock companies, as well as for developing the professional ethics
and responsibility of managers and employees.
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