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Csr Benefits And Costs In A Strategic Approach

Author

Listed:
  • Diana Corina Gligor – Cimpoieru

    (West University of Timisoara Faculty of Economics and Business Administration)

  • Valentin Partenie Munteanu

    (West University of Timisoara Faculty of Economics and Business Administration)

Abstract

In recent decades corporate social responsibility (CSR) has captured the interest of both practitioners and academics, being a concept extensively analyzed and discussed in terms of its many facets. But maybe due its complexity, still lacking a unified approach and a widely accepted definition, CSR is still often seen as having a peripheral role, auxiliary for a business organization, without even understanding its essence and having overlooked its extraordinary potential to determine multiple bivalent benefits for companies and local communities. Even if CSR benefits are identified, the analysis is often limited to an optimistic view, lacking a realistic approach that recognizes and takes into account also the costs and risks associated. With this paper we aim at identifying the most significant CSR benefits and costs in an attempt to offer a realistic pledging for the importance of CSR implementation in a strategic approach.

Suggested Citation

  • Diana Corina Gligor – Cimpoieru & Valentin Partenie Munteanu, 2015. "Csr Benefits And Costs In A Strategic Approach," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 1(43), pages 96-105.
    • Handle: RePEc:aio:aucsse:v:1:y:2015:i:43:p:96-105
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    File URL: http://feaa.ucv.ro/AUCSSE/0043v1-008.pdf
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    References listed on IDEAS

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    1. J.P. Gond & A. El Akremi & J. Igalens & V. Swaen, 2011. "A corporate social responsibility," Post-Print hal-00826426, HAL.
    2. Weber, Manuela, 2008. "The business case for corporate social responsibility: A company-level measurement approach for CSR," European Management Journal, Elsevier, vol. 26(4), pages 247-261, August.
    3. Irina-Eugenia Iamandi, 2012. "Empirical Analysis on CSR Communication in Romania: Transparency and Participation," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 15(45), pages 25-50, December.
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    Cited by:

    1. Bianca Raluca BADITOIU & Alexandru BUGLEA & Diana Corina GLIGOR-CIMPOIERU & Valentin Partenie MUNTEANU, 2020. "Csr Disclosure Of Financial European Companies Within Integrated Reports," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(1), pages 924-938, November.
    2. Hajar Mouatassim Lahmini, 2017. "Quels Avantages Et Couts De La Strategie Rse D’Un Operateur Minier Cote: Proposition D’Une Typologie," Post-Print hal-01609774, HAL.

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    More about this item

    Keywords

    Corporate Social Responsibility (CSR); CSR traditional approach; CSR strategic approach; CSR benefits; CSR costs;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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