Why company culture matters - and how you track it
Katherine Davidson, Schroders
The right corporate culture is key to a company’s success - Schroders Katherine Davidson considers why it is so important, and how can investors assess it
Culture is a slippery concept. We all know it matters, but that s where agreement ends. Culture is considered to be an informal institution within an organisation: it s the values and norms that guide behaviour outside of what is covered by explicit rules or policies. It provides intrinsic motivation for actions
beyond the prospects for reward or punishment. It s the spirit rather than the letter of the law.
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