Organisational culture and trust as organisational factors for corporate governance

Abstract

This inquiry into listed companies at Ho Chi Minh City Stock Exchange and Hanoi Stock Exchange in Vietnam aims to detect if such constructs as organisational culture and trust act as antecedents for robust corporate governance. About 286 responses returned from self-administered structured questionnaires despatched to 853 middle level managers were dissected via structural equation modelling. From the findings emerged the interconnections between all organisational culture types and calculus-based trust. Adhocracy culture or market culture, on the other hand, tends to cultivate not only merely calculus-based trust but also knowledge-based trust and identification-based trust, which in turn positively influence corporate governance.