Does a corporate culture affect the success of a company?

Warren Buffett’s corporate culture

• “Hire well and manage little” was stated in his shareholder letter
• This culture practice is to expel and repel managers of a different bent.
• His company now has more than 250,000 employees and it’s impossible to pass a day without a bad behaviour occurring around.
• He says that the company can afford to loose money; lots of it but it certainly can’t loose its reputation.
• Attitudes and expressions by behaviours such as words is one of the most important factors in the development of a business culture. 
• A self- propagate culture
• "You shape your houses and then they shape you." 
• The same applies for business. 
• Organisational procedures produce more organisations, and magnificent corporate strongholds stimulate authoritative behaviours.
• A company's culture consists of:
• Creativity
• Collaborations 
• Hierarchical systems
• Competition

The reason why Mr. Buffett doesn't practice the most common corporate cultures is because the theories are not suitable for his structure of organisation, so he decided to create and practice his own culture, for the sake of the company's better future.
A corporate culture strongly determines how an organisation behaves. The corporate culture affects the fundamentals of a company’s success as it plays a huge role in collaborating with the communications among the teams and we all here know that communication is the real key of leadership and without a good leadership, the company won’t be heading towards success. Warren's creation has truly brought the company up to standard.