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Corporate Social Responsibility of the Firms in Bulgaria

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  • Radostina Bakurdjieva

Abstract

The concept of the social responsibility of the firms is especially current in the last years. Researchers from academic institutions, as well as representatives of the business, authorities, international and non-governmental organizations participate actively in the dedicated to this topic discussion forums. The main goal of the study is to analyze the behavior of the firms in Bulgaria in the context of the social responsibility, to present positive firm practices, as well as to compare different firm strategies. The paper tracks the evolution of the concept of social responsibility in different theoretical schools. The definitions of acknowledged international institutions are systemized. The paper presents generalized results from case study survey of the social responsibility of 17 firms in Bulgaria. Formulated are conclusions and recommendations to the state institutions, companies and their managers.

Suggested Citation

  • Radostina Bakurdjieva, 2009. "Corporate Social Responsibility of the Firms in Bulgaria," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 33-62.
    • Handle: RePEc:bas:econst:y:2009:i:2:p:33-62
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    References listed on IDEAS

    as
    1. Rousska Dimova, 2004. "International Corporations and Globalization," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 99-114.
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    5. Williamson, Oliver E, 1979. "Transaction-Cost Economics: The Governance of Contractural Relations," Journal of Law and Economics, University of Chicago Press, vol. 22(2), pages 233-261, October.
    6. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
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    More about this item

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance

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