International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Organizational Culture and Corporate Sustainable Development: Evidence from Greece
Dr. Georgios A. Deirmentzoglou, Dr. Konstantina K. Agoraki, Dr. Andreas E. Fousteris

This study investigates the relationship between organizational culture and corporate sustainable development (CSD). Organizational culture is measured based on the four types of culture of the competing values framework: i) clan, ii) adhocracy, iii) hierarchy and iv) market type, while CSD was examined as a construct of i) economic, ii) environmental and iii) social dimension. The survey on medium- and large-sized firms in Greece reveals that adhocracy and hierarchy type of organizational culture have a significant effect on CSD. Specifically, adhocracy type is positively related to the environmental dimension of CSD, while hierarchy type is positively related to the economic dimension of CSD.

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