IDEAS home Printed from https://ideas.repec.org/a/nwe/eajour/y2018i3p384-418.html

Dominating Attributes Of Professed Firm Culture Of Holding Companies – Members Of The Bulgarian Industrial Capital Association

Author

Listed:
  • Kiril Dimitrov

    (University of National and World Economy, Sofia, Bulgaria)

  • Marin Geshkov

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

This article aims to outline the diversity of cultural phenomena that occur at organizational level, emphasizing the place and role of the key attributes of professed firm culture for the survival and successful development of big business organizations. The holding companies, members of the Bulgarian Industrial Capital Association, are chosen as a survey object as the mightiest driving engines of the local economy. That is why their emergence and development in the transition period is monitored and analyzed. Based on an empirical study of relevant website content, important implications about dominating attributes of professed firm culture on them are found and several useful recommendations to their senior management are made.

Suggested Citation

  • Kiril Dimitrov & Marin Geshkov, 2018. "Dominating Attributes Of Professed Firm Culture Of Holding Companies – Members Of The Bulgarian Industrial Capital Association," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 384-418, September.
    • Handle: RePEc:nwe:eajour:y:2018:i:3:p:384-418
    as

    Download full text from publisher

    File URL: https://www.unwe.bg/uploads/Alternatives/7_EA_3_2018_en.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Bart, Christopher K., 1997. "Sex, lies, and mission statements," Business Horizons, Elsevier, vol. 40(6), pages 9-18.
    2. Mehdi SHAFAEDDIN, 1998. "How Did Developed Countries Industrialize? The History Of Trade And Industrial Policy: The Cases Of Great Britain And The Usa," UNCTAD Discussion Papers 139, United Nations Conference on Trade and Development.
    3. Leuthesser, Lance & Kohli, Chiranjeev, 1997. "Corporate identity: The role of mission statements," Business Horizons, Elsevier, vol. 40(3), pages 59-66.
    4. Kiril Dimitrov, 2011. "The Characteristics Of Preferred Strategic Postures By Bulgarian Industrial Companies In The World Financial And Economic Crisis," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice (1954-2015), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 58, pages 203-234, november.
    5. Mr. Cyril Pouvelle & Ms. Pritha Mitra, 2012. "Productivity Growth and Structural Reform in Bulgaria: Restarting the Convergence Engine," IMF Working Papers 2012/131, International Monetary Fund.
    6. Cheryl Nakata, 2009. "Going Beyond Hofstede: Why We Need to and How," Palgrave Macmillan Books, in: Cheryl Nakata (ed.), Beyond Hofstede, chapter 1, pages 3-15, Palgrave Macmillan.
    7. Dimitrov, Kiril, 2011. "The Strategic Moves of Succeeding Companies in Bulgaria Midst the World Financial and Economic Crisis," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 4(1), pages 143-160.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dimitrov, Kiril & Ivanov, Ivaylo, 2020. "The Professed Culture of the Business Organizations in the Defense Industry in Bulgaria. What Does it Look Like? And do they Need it?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 26(3), pages 433-470.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kiril Dimitrov & Ivaylo Ivanov, 2020. "The Professed Culture of the Business Organizations in the Defense Industry in Bulgaria. What Does it Look Like? And do they Need it?," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 433-470, September.
    2. Bartkus, Barbara & Glassman, Myron & Bruce McAfee, R., 2000. "Mission statements: Are they smoke and mirrors?," Business Horizons, Elsevier, vol. 43(6), pages 23-28.
    3. May-Ching Ding & Yuan Shuh Lii & Kuan Fu Lai, 2025. "A great start? Sustainability mission statements affect consumer behavior," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 27(4), pages 8631-8660, April.
    4. Odile Paulus, 2008. "La déclaration de mission, une revue de la littérature," Working Papers of LaRGE Research Center 2008-13, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg.
    5. Marta Mas-Machuca & Maria Ballesteros-Sola & Adrián Guerrero, 2017. "Unveiling the mission statements in social enterprises: a comparative content analysis of US- vs. Spanish-based organizations," Journal of Social Entrepreneurship, Taylor & Francis Journals, vol. 8(2), pages 186-200, May.
    6. Mion, Giorgio & Loza Adaui, Cristian R. & Bonfanti, Angelo & De Crescenzo, Veronica, 2023. "Mission statements and financial and sustainability performance: An exploratory study of Benefit Corporations certified as B Corps," Journal of Business Research, Elsevier, vol. 157(C).
    7. Andrew Crane & Trish Ruebottom, 2011. "Stakeholder Theory and Social Identity: Rethinking Stakeholder Identification," Journal of Business Ethics, Springer, vol. 102(1), pages 77-87, March.
    8. Shafaeddin, Mehdi, 2010. "Trade liberalization, industrialization and development; experience of recent decades," MPRA Paper 26355, University Library of Munich, Germany.
    9. Galvão Meirinhos & Maximino Bessa & Carmem Leal & Márcio Oliveira & Amélia Carvalho & Rui Silva, 2022. "Reputation of Public Organizations: What Dimensions Are Crucial?," Administrative Sciences, MDPI, vol. 12(4), pages 1-19, September.
    10. Emmanouil Karakostas, 2022. "The Effects of Protectionism on the Exports of the Trade Partners: A Composite Index," International Journal of Business and Economic Sciences Applied Research (IJBESAR), Democritus University of Thrace (DUTH), Kavala Campus, Greece, vol. 15(1), pages 58-70, July.
    11. Mohammed Mehadi Masud Mazumder, 2025. "An empirical analysis of SDG disclosure (SDGD) and board gender diversity: insights from the banking sector in an emerging economy," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 22(1), pages 47-63, March.
    12. Didit Welly UDJIANTO & Joko SUSANTO & PURWIYANTA, 2019. "Infrastructure, Employment And Income Convergence," Romanian Journal of Economics, Institute of National Economy, vol. 49(2(58)), pages 50-61, December.
    13. Varsha Jain & Niriksha Paul & Ganesh B.E. & Dhruvinkumar Chauhan, 2016. "Corporate Identity: Developing Means For Sustainable Competitive Advantage In Indian Context Towards Model Development," Organizations and Markets in Emerging Economies, Faculty of Economics, Vilnius University, vol. 7(1).
    14. Lin, Yi-Hsin & Lin, Feng-Jyh & Wang, Kuo-Hsiung, 2021. "The effect of social mission on service quality and brand image," Journal of Business Research, Elsevier, vol. 132(C), pages 744-752.
    15. Kenneth Silver, 2025. "Corporate Weakness of Will," Journal of Business Ethics, Springer, vol. 199(4), pages 731-747, July.
    16. José E. Cassiolato & Helena M. M. Lastres, 2008. "Discussing innovation and development: Converging points between the Latin American school and the Innovation Systems perspective?," Globelics Working Paper Series 2008-02, Globelics - Global Network for Economics of Learning, Innovation, and Competence Building Systems, Aalborg University, Department of Business and Management.
    17. Jared M. Hansen & Paul Wilson, 2023. "Modeling and explaining the growth patterns over time of country-specific website clickstream metrics," Journal of Marketing Analytics, Palgrave Macmillan, vol. 11(4), pages 561-576, December.
    18. Anthony Enisan Akinlo & Segun Michael Ojo, 2021. "Economic consequences of covid-19 pandemic to the sub-Saharan Africa: an historical perspective," Papers 2111.01038, arXiv.org, revised Mar 2022.
    19. Nikolay Peshev, 2020. "Differing Reputation from Brand, Image and Identity," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 9(2), pages 169-175, August.
    20. Jared Eutsler & Steven Kaszak, 2025. "Mission Statements of Public Accounting Firms: Antecedents and Consequences of Professional Vs. Commercial Orientations," Journal of Business Ethics, Springer, vol. 197(1), pages 117-142, February.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nwe:eajour:y:2018:i:3:p:384-418. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vanya Lazarova (email available below). General contact details of provider: https://edirc.repec.org/data/unweebg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.