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

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  • 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
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    References listed on IDEAS

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    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. 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.
    6. 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.
    7. 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.
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    Cited by:

    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.

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    More about this item

    Keywords

    organizational culture; firm culture; corporate culture; professed culture;
    All these 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

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