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Partnerships between non-governmental organizations and businesses in the context of sustainability

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  • Simeon Simeonov

Abstract

The empirical research aims to identify the motives of NGOs for initiating and entering into partnerships with business. The study was conducted using a web-based questionnaire completed by 112 non-profit organizations in Bulgaria. It was found that the main motives of these organizations are related to the opportunities for financial support, in-kind donations and management of larger projects of public importance. The Wilcoxon signed ranks test applied confirms the presence of a statistically significant difference between financial support and other motives. At the same time, partnerships between the two sectors in Bulgaria, at least from the NGOs' point of view, are still in their early stages of development. Their support for strategic partnerships with business as a sustainable approach to current global challenges is also marginal.

Suggested Citation

  • Simeon Simeonov, 2022. "Partnerships between non-governmental organizations and businesses in the context of sustainability," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 354-398.
    • Handle: RePEc:bas:econth:y:2022:i:3:p:354-398
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    References listed on IDEAS

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    3. Sylvaine Poret, 2014. "Corporate-NGO partnerships in CSR activities: why and how?," Working Papers 2014-04, Alimentation et Sciences Sociales.
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    5. Bas Arts, 2002. "‘Green alliances’ of business and NGOs. New styles of self‐regulation or ‘dead‐end roads’?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 9(1), pages 26-36, March.
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    More about this item

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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