The aim of the research is to determine the importance of issues that deal with the functions of culture in recruitment process and in performance analysis of companies. In our research, issues that deal with functions of organizational culture are considered and are based on Schein’s conceptual approach to organizational culture. Research has been carried out at a company level with separate samples of 213 managers and 841 employees of a leading company in electronic industry. Importance of issues was assessed by principal components analysis. Results showed that the most important issue in our empirical model for both managers and employees was communication. Communication was considered as an important vehicle for conveying explicit cultural values to newcomers and employees with the goal to ensure consistent performance and work standards. Transmission of core values through communication enables sustainable corporate management. Teamwork and performance reward expectancy were other issues which had a different importance from the perspective of managers and employees. Teamwork will facilitate their socialization process by mutual relations with other members of the team. Hence, the newcomers can make adjustments in their job and organization to accommodate their knowledge and personalities. Teamwork is essential for sustainability of corporate management by reducing role ambiguity and role conflict in the organization. Organizations must continuously examine their reward systems to find ways to make it more effective in improving employee performance in order to achieve sustainable corporate management.