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Socially Responsible Conduct Of Companies In Transition Economies: The Case Of Republic Of Macedonia

Author

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  • Milena Ristovska

    (Faculty of Economics, University “Ss Cyril and Methodius”, Skopje, Republic of Macedonia)

Abstract

There is growing attention about the roles and responsibilities of the business in society in the past two decades has turned academics’ and practitioners’. The development of an integrated ap-proach to a strategic socially responsible conduct is quite a challenge for the companies in the transition economies which are now taking up new roles and responsibilities in the society. Their ef-forts in the field of solving community problems and adhering to the welfare of the entire society vary – from the form of good citizenship or mitigation of the harmful effects from their value chain activi-ties to a transformation of the business activities and establishment of a new corporate strategy that integrates the principles of corporate social responsibility. The results vary from country to country and that there is still plenty of room for progress towards positive acting in the environment in which they operate.

Suggested Citation

  • Milena Ristovska, 2010. "Socially Responsible Conduct Of Companies In Transition Economies: The Case Of Republic Of Macedonia," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice (1954-2015), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 57, pages 235-244, november.
    • Handle: RePEc:aic:journl:y:2010:v:57:p:235-244
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    References listed on IDEAS

    as
    1. Catherine M. Paul & Donald Siegel, 2006. "Corporate social responsibility and economic performance," Journal of Productivity Analysis, Springer, vol. 26(3), pages 207-211, December.
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    More about this item

    Keywords

    corporate social responsibility; transition economies.;

    JEL classification:

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

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