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

TL;DR

This study examines the key attributes of professed firm culture in Bulgarian holding companies, analyzing how these cultural elements influence their survival and growth during economic transition.

Contribution

It provides an empirical analysis of cultural attributes in Bulgarian holding companies and offers practical recommendations for management based on website content analysis.

Findings

Identifies dominant cultural attributes in Bulgarian holding companies

Highlights the role of firm culture in organizational survival and development

Provides management recommendations based on empirical data

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.