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Analysis of Congruency Effects of Corporate Responsibility Code Implementation on Corporate Sustainability in Bio-Economy

Author

Listed:
  • Nicoleta Cristache

    (“Dunãrea de Jos” University of Gala?i, Gala?i, Romania)

  • Marian Nãstase

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Radu Petrariu

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Margareta Florescu

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

The present study attempts at providing an overview of the congruency effect of social reporting on corporate sustainability in bio-economy. The paper was structured to identify the main congruency forces that can constitute both the strategic and operational dimensions linked to the implementation of a corporate responsibility code within companies from the bio-economy sector. Research has shown that the congruency effect is stronger when companies report a greater tendency towards social reporting and pay more attention to the relationships with stakeholders. Moreover, the results of the study aimed to shed a new light on the role of a company’s social identity both in its internal process and in consolidating its position in the market by using CSR reporting elements.

Suggested Citation

  • Nicoleta Cristache & Marian Nãstase & Radu Petrariu & Margareta Florescu, 2019. "Analysis of Congruency Effects of Corporate Responsibility Code Implementation on Corporate Sustainability in Bio-Economy," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 21(52), pages 536-536, August.
    • Handle: RePEc:aes:amfeco:v:21:y:2019:i:52:p:536
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    corporate responsibility code; bio-economy; congruency effect; sustainability.;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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