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Corporate Sustainability and Organizational Change. Case of OMV Petrom

Author

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  • Catalina Soriana Sitnikov

    () (University of Craiova, Craiova, Romania)

  • Claudiu George Bocean

    (University of Craiova, Craiova, Romania)

Abstract

Many corporations have recognized the importance of being perceived as socially responsible to the environment, employees or local community. They have worked hard to be labeled as sustainable organizations. Corporate behavior, however, implies a gap between theory and practice. Therefore, we consider it necessary to study how to transform corporations into sustainable organizations based on organizational change models. The paper brings an original contribution to the study of organizational sustainability by introducing a framework for sustainable organizational change using organizational culture components and Deming's Plan-Do-Check-Act (PDCA) cycle of continuous quality improvement.

Suggested Citation

  • Catalina Soriana Sitnikov & Claudiu George Bocean, 2012. "Corporate Sustainability and Organizational Change. Case of OMV Petrom," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 14(32), pages 323-332, June.
  • Handle: RePEc:aes:amfeco:v:14:y:2012:i:32:p:323-332
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    File URL: http://www.amfiteatrueconomic.ro/temp/Article_1127.pdf
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    References listed on IDEAS

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    1. Vasile Dinu, 2010. "Commercial Activity And The Sustainable Development," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 12(27), pages 5-7, February.
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    Cited by:

    1. Tomasz Bernat & Piotr Bartkowiak, 2013. "Monopolization versus sustainable growth – the case of postal services market in Poland," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 15(Special 7), pages 714-728, November.

    More about this item

    Keywords

    sustainability; organizational change; culture management; PDCA; OMV Petrom;

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure

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