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The Sustainability Of Organizations From The Perspective Of Socially Responsible Investments

Author

Listed:
  • Roxana Mihaela SIRBU

    (Romanian Academy/Politehnica University of Timisoara)

  • Ana Patricia HOMORODEAN

    (Romanian Academy/West University of Timisoara)

  • Anca DRAGHICI

    (Politehnica University of Timisoara)

Abstract

In order to comply with the principles of development set by the European Union (EU) within Europe 2020 Strategy, the European society, as well as the Romanian society must become sustainable. The sustainability should be the guideline of development for countries, regions, corporations, small and medium enterprises, and citizens. The purpose of this paper is to analyze the sustainable development of companies, and the decision making in view to socially responsible and sustainable investments. The aim of the study was achieved by conducting an analysis of the perceptions of 100 companies from Romania regarding sustainable development, corporate social responsibility and socio-responsible investments. The analysis resulted in a ranking of the domains toward which companies have directed the socio-responsible and sustainable investments. The following research methods were used in order to achieve the goal of the paper: quantitative and qualitative methods, including the monographic or descriptive method, the analysis and synthesis method, statistical research methods, including grouping, comparison, and the correlation analysis. Calculation and data processing were carried out by using Microsoft Excel.

Suggested Citation

  • Roxana Mihaela SIRBU & Ana Patricia HOMORODEAN & Anca DRAGHICI, 2014. "The Sustainability Of Organizations From The Perspective Of Socially Responsible Investments," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 5, pages 585-594, November.
    • Handle: RePEc:cmj:seapas:y:2014:i:5:p:585-594
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    References listed on IDEAS

    as
    1. Aysin Sev, 2009. "How can the construction industry contribute to sustainable development? A conceptual framework," Sustainable Development, John Wiley & Sons, Ltd., vol. 17(3), pages 161-173.
    2. Renneboog, Luc & Ter Horst, Jenke & Zhang, Chendi, 2008. "Socially responsible investments: Institutional aspects, performance, and investor behavior," Journal of Banking & Finance, Elsevier, vol. 32(9), pages 1723-1742, September.
    3. Anca Draghici & Gabriela Fistis & Roxana Sirbu & George Draghici, 2014. "Leadership in Sustainability: An Opportunity for Green Skills Developement in Romania," Human Capital without Borders: Knowledge and Learning for Quality of Life; Proceedings of the Management, Knowledge and Learning International Conference 2014,, ToKnowPress.
    4. Deakin, Elizabeth, 2001. "Sustainable Development & Sustainable Transportation: Strategies for Economic Prosperity, Environmental Quality, and Equity," University of California Transportation Center, Working Papers qt8mf1z8mh, University of California Transportation Center.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Sustainable development; Socio Corporate Responsibility; Sustainable Company;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • 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
    • B10 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - General

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