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Corporate Sustainability and Organizational Change. Case of OMV Petrom

Author

Listed:
  • 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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    References listed on IDEAS

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    1. Marieta Olaru & Vasile Dinu & Ghiorghiţa Stoleriu & Diana Şandru & Violeta Dincă, 2010. "Responsible Commercial Activity Of Smes And Specific Values Of Sustainable Development In Terms Of The European Excellence Model," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 12(27), pages 10-26, February.
    2. 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.
    3. Vasile Dinu, 2011. "Corporate Social Responsibility – Opportunity for Reconciliation between Economical Interests and Social and Environmental Interests," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 13(29), pages 6-7, February.
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    Cited by:

    1. Mariana Popa (Petrescu), 2021. "Training and Professional Improvement throughout the Teaching Career in the Romanian Secondary Education System," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 644-648, August.
    2. Mariana Popa (Petrescu), 2021. "The Teachers Career Evolution in Romanian Pre-University Education," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 475-479, December.
    3. Brouthers, Lance & Văduva, Sebastian & Tiron-Tudor, Adriana & Burtic, Daniel, 2023. "The Transformation of the Romanian Economy Through Privatization and Internationalization," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 28(2), pages 265-292.
    4. 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.

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    More about this item

    Keywords

    sustainability; organizational change; culture management; PDCA; OMV Petrom;
    All these keywords.

    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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