Corporate Culture in Business: Definition, Enforcement, and Analysis

This essay provides a comprehensive overview of corporate culture, defining it as the environment of a business that motivates employees and fosters commercial growth. It discusses how corporate culture encompasses various aspects, including dress code, inter-management relations, and ethical considerations. The essay highlights the evolution of the term, from its initial focus on company character to its current inclusion of management criteria, customer relations, and quality improvement processes. It also touches upon the enforcement of corporate culture through government initiatives and legal provisions, such as the Corporation Act 2001 and the Fair Work Act 2009 in Australia, which ensure fair working conditions and prevent directors from pursuing illegal personal interests. The essay references examples of successful companies like Google, Apple, and Facebook, which maintain strong corporate cultures, and emphasizes the role of corporate culture in shaping employee behavior and creating a positive workplace atmosphere.

Running head: CORPORATE CULTURE
CORPORATE CULTURE
Definition and Enforcement
Name of the Student
Name of the University
Author Note

1CORPORATE CULTURE
Definition:
Corporate culture is one of the most discussed matters now days. Environment of a
business is the most important thing for the development of the company, as an amicable
business environment motivates an employee to work fast with efficiency. Further, an amicable
satire can be established in the workplace and that helps to grow the commercial ability of the
business. It flourishes the economy of a country and all the business related matters are included
under the term corporate culture. The dress code of the employees and the inter-management of
the company reflect a good corporate culture. There are many leading companies in the globe
and the most common feature among them is that they have planned a good corporate culture for
their office. Therefore, it can be stated that the value and vision of the company has been
established through corporate culture. The help of good corporate culture can develop the
standard of a company.
The companies are concentrating on the corporate culture, as all the fundamental features
of a company can be established through proper application of this. Further, it can be stated that
corporate culture is a useful source for the ethical consideration. The employees will learn to
identify the differences in between the right and wrong and that helps them to work for the best
interest of the company. Further, they will start to act in good faith. This system creates great
impacts on the employers and they will maintain good discipline within the company.
Considering the examples of best companies, it can be stated that all of them maintain sharp
corporate culture within it. Certain instances of the companies are Google, Apple and Face book.
The term “corporate culture” is an ancient notion and it has been observed that, the term
get popular in 1990. Changes have been occurred regarding the conceptual theory and

2CORPORATE CULTURE
application of the term. According to the old theory, the term was used to denote the nature and
character of the company. Corporate culture is coterminous with the standard of the base of the
company. Therefore, the term was used to denote the idea of corporate standard in the era of
nineties. However, certain additional points includes in this term in subsequent event. With the
development of employment scope and limitation, the term corporate culture includes
management criteria, customer relation and services. Further, it has been observed that excellent
corporate culture helps to maintain the quality improvement process of the company. Further, it
helps to grow the business empowerment of a company. The psychological effect among the
employees will be increased. The behavior of the employees towards the clients will be
generalized by the corporate culture. In addition to this, it can be stated that a positive
atmosphere will be injected in the workplace through corporate culture. A reflection of corporate
culture could be seen in the daily operation of a company.
Enforcement:
It is an obvious fact that corporate culture helps to develop the structural statement of a
company and therefore, reasonable concentration over the corporate culture is required. The
Australian government regarding the fact has observed initiatives. All the provisions that
connected with the betterment of the company are strict. It is a legal fact that every company is a
separate legal entity, but the directors take all the important decisions regarding the company.
Therefore, certain duties have been imposed on the directors so that they can take proper care for
the development of the business and they are restricted to gain illegal personal interest for them.
in case of any breach, the directors should have to face civil penalties and this compels the
directors to act in accordance with the provisions of Corporation act 2001. It is one of the leading
provision regarding the affairs of the companies in Australia. A fair working atmosphere can be

3CORPORATE CULTURE
established by maintaining the provisions of Fair Work Act 2009. This Act helps to retain a
balance in between the employers and employees. The mentality of the Court regarding the
implementation of these Acts is quite strict and this help to make Australia an ideal place for
business.

4CORPORATE CULTURE
Reference:
Corporation Act 2001
Fair Work Act 2009
The Australian (2018). [online] Available at: https://www.theaustralian.com.au/...sino-australia-
oil-and-gas...fraud/.../ab757958e67dd... [Accessed 18 May 2018].
The Conversation. (2018). Financial advice reform: have we learned enough from Storm?.
[online] Available at: http://theconversation.com/financial-advice-reform-have-we-learned-
enough-from-storm-5299 [Accessed 18 May 2018].

5CORPORATE CULTURE