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The Impact of Corporate Culture on Employee Satisfaction in Vietnamese Securities Companies

Author

Listed:
  • Hai Tran Van

    (Hanoi Open University, Hanoi, Vietnam)

  • Tien Cao Minh

    (Academy of Finance, Faculty of Banking and Insurance, Vietnam)

Abstract

The Covid-19 pandemic has had a certain impact on the satisfaction of employees working in securities companies, leading to low work productivity or job relocation. The research was conducted with the aim to address this gap by analyzing the impact of corporate culture on employee satisfaction. The database was collected by the authors through the method of sending surveys via email and collected 322 surveys from employees working at securities companies.. The data collection period was from May 2024 to September 2024. By quantitative research, the PLS-SEM linear structural model was implemented using SPSS and AMOS 20 software. The results indicate that three factors of corporate culture strongly influence employee satisfaction in securities companies, including: 1) Organizational cultural philosophy. With the characteristics of small-scale enterprises and less than 24 years of operation (Vietnam stock market came into operation in July 2000). Administrators of securities companies need to determine that building an organizational cultural philosophy is part of the soul of the enterprise, which is a strong collective strength, an invaluable asset that contributes to making a difference so that the enterprise can have exist and develop sustainably. 2) Culture of learning and sharing. Operate a diverse learning and self-training system such as online, popular on the E-learning platform. 3) Personal and organizational motivation. The article has supplemented basic theories for businesses in general, and for securities companies in particular, to improve business performance through employee management.

Suggested Citation

  • Hai Tran Van & Tien Cao Minh, 2025. "The Impact of Corporate Culture on Employee Satisfaction in Vietnamese Securities Companies," Economics, Sciendo, vol. 13(1), pages 387-404.
  • Handle: RePEc:vrs:econom:v:13:y:2025:i:1:p:387-404:n:1021
    DOI: 10.2478/eoik-2025-0022
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    More about this item

    Keywords

    Corporate culture; securities companies; business performance;
    All these keywords.

    JEL classification:

    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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