Changes are happening - please bear with us while we update our site.

Changes are happening - please bear with us while we update our site. Click here to give us your advice and feedback.

ASX culture killers: the good, bad & ugly of ASX companies

Does culture really matter? Analysts Raymond Jang & Owen Rask look at some of ASX's best performing companies and why culture is important. The duo look at Nearmap (ASX:NEA), ARB Corp (ASX:ARB), Commonwealth Bank (ASX:CBA) & Xero Limited (ASX:XRO)

Listen to the podcast now

Does a company’s culture really matter to investors?

In this Australian Investors Podcast episode, Rask analysts Raymond Jang & Owen Rask look at some of ASX’s best-performing companies over the past 5 years and explain why company culture is vitally important.

The analyst duo takes a look at Nearmap (ASX: NEA), ARB Corporation (ASX: ARB), Commonwealth Bank (ASX: CBA) and Xero Limited (ASX: XRO) amongst many others.Ā 

The Australian Investors PodcastĀ is one of Australiaā€™s top investor podcasts, as ranked by Apple Podcasts & Spotify, focused on investing in ASX & global markets.

Invest. better. With The Australian Investors Podcast. Subscribe on Apple Podcasts.

If you subscribe to The Australian Investors Podcast series on Apple Podcasts, Spotify, YouTube or Castbox youā€™ll get weekly insights on ASX & global shares, funds, ETFs and more. Let Owen be your field guide to investing profitably for decades to come.

Watch & listen now

In this Australian Investors Podcast episode…

In this investing podcast discussion, Raymond and Owen cover ASX shares that appear to have the best and worst culture scores on Glassdoor, Seek Companies and Indeed.

Answered in this investors podcast:

  • Why culture matters to investors just like a sporting team
  • How to assess company culture before investing using free tools
  • 4 of the WORST companies by share price performance and culture scores
  • Some of the best companies by 5-year share price performance and culture
  • The best & worst of ASX bank shares and why their culture ratings have recovered since the Royal Commission

Best quotes

“The more levels of management in an organisation, the harder it is to get things done” – Raymond Jang

Decentralised cultures work, provide staff with the tools and responsibilities, and let them learn from their failures” – Raymond Jang

“If players donā€™t understand their responsibilities, the whole teamā€™s shape goes out the window” – Raymond Jang

“No leaders = performance standards either remain the same or goes backwards” – Raymond Jang

“The worst day at Bunnings is the best way at any other retailer”

“Passion over pedigree.” – Owen Rask

“Hire great people, not more people.”Ā  – Owen Rask

ASX bank shares culture ratings

Bank (and link) HR rating
% of employees who would recommend
CBA 4.1 85.00%
ANZ 4.1 85.00%
NAB 3.8 77.00%
WBC 3.9 80.00%
BOQ 3 45.00%
BEN 3 50.00%
MQG 4 82.00%
SUN 3.8 73.00%

 

Like it? Love it? Hate it? Tell me about it…

If you like The Australian Investors Podcast, why not say g’day to Owen and Raymond on Twitter? We’d like to get your suggestions for future episodes and hear what you have to say about the companies we talk about.

Date of recording: February 18th, 2022

If youĀ ā¤ļø this episode, youā€™ll LOVE our series. Episodes go live every Saturday at 7 am and Wednesday arvo.

We air an interview with an Australian or international investing expert every Wednesday, and Q&A every Saturday! Subscribe below.

Episode resources

Podcast resources

At the time of writing Owen owns shares of Apple, Xero, EML Payments & Pushpay.

Say g'day to these great resources šŸ‘‡

The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you donā€™t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read ourĀ Terms & ConditionsĀ andĀ Financial Services Guide before using this website.

Share this episode:

Like Rask podcasts? Get Owen's weekly newsletter.

Want to level-up your analytical skills and investing insights but don’t know where to start? We can help. Join 50,000 Australians on Rask’s mailing list today and we’ll send you our favourite podcasts, courses, resources, investment articles and podcasts every week. Delivered to your inbox every Sunday morning. Grab a coffee and let Owen and the team bring you the best investment insights every week.

Skip to content