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The relationship between sales value, salary expenses and corporate social responsibility in the Romanian pharmaceutical sector

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  • Constantin Lucian VÎLCU

    (Bucharest University of Economic Studies, Romania)

Abstract

Using bi-annual databases for the indicators between December 2008 and June 2016, this paper proposes to study the influence of the salary and environment to the sales value for four of the five listed pharmaceutical companies on the Bucharest Exchange Market. I discovered that it is a strong relationship between the turnover evolution, salary expenses and corporate social responsibility represented by environment expenses. The studied companies had well-educated employees, more than 50% of them had university degree.

Suggested Citation

  • Constantin Lucian VÎLCU, 2017. "The relationship between sales value, salary expenses and corporate social responsibility in the Romanian pharmaceutical sector," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(Special), pages 17-26.
    • Handle: RePEc:agr:journl:v:xxiv:y:2017:i:special:p:17-26
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