Published Paper


The Effect of Corporate Image on Organizational Performance: Evidence from Select Cement Factories in Ethiopia

1 Abebech Yemeru Derebe (Ph.D. Scholar) & 2 Dr. Jaladi Ravi (Professor)
Andhra University, College of Arts and Commerce, Department of Commerce and Management Studies, Visakhapatnam, Andhra Pradesh, India
Page: 57-81
Published on: 2025 December

Abstract

This study examines the impact of corporate image and organizational performance in specific cement companies in Ethiopia. It's only natural that businesses today care about how they look to the public. A business needs to have a good image in order to be successful in the long run. The way people see a business as a whole is what impacts how well it does. There are many causes that could have caused the rise in importance of corporate image nowadays. Because the business environment is always evolving, many organizations have had to adjust their ideas a lot in order to stay in business and compete. Things are also falling out of style pretty quickly. Reputations can travel to markets that are quite far away; therefore, globalization has made business image increasingly crucial. Companies that have branches in different regions may also give off very diverse or even opposite impressions, which can damage how well the company works together. People in society have also upped the bar for businesses to be socially responsible. As a result of this discussion, businesses have recognized the substantial benefits of being both socially and environmentally responsible. The literature, however, does not agree on how corporate image affects business performance. The researchers used a quantitative methodology to create an explanatory and descriptive study design. The research employed a self-administered questionnaire to gather data from 367 employees at five cement companies in Ethiopia. We characterized the data using percentages, standard deviation, and mean scores. We performed regression analysis to see if the hypothesis was true. Organizational performance is the independent variable, and corporate image is the dependent variable shown to be statistically significant. The study indicates that cement companies in Ethiopia ought to prioritize the strategic development of a strong corporate image for the organization's long-term success.

 

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