ABSTRACT
This study examines the effect of organizational culture dimensions which consists of four cultural dimensions, adaptation, mission, consistency, and involvement on the company’s performance effectiveness, with the use of data collected from the go-public company. Using 11 go-public companies being paired with three objective measures of organizational performance effectiveness (ROA, market to book, sales growth). Relationships among variables were analyzed using Multilevel Regression method. The results show that the combination of adaptation culture with consistency has significant effect on company’s performance effectiveness (ROA). Interestingly, the consistency dimension did not affect organizations’ performance due to the environmental conditions at the go-public company being so dynamic that it will ignore the flexibility and changes in the market that are important to improve profitability. Overall, the most influential on the effectiveness of the company’s performance is the combination of cultural adaptation with consistency.
