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The Environmental Aspect Of Corporate Soci̇al Responsibility: Document Analysis Of Socar

Author

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  • Namig MIRZAYEV

    (The Károly Ihrig Doctoral School of Management and Business, University of Debrecen)

Abstract

Over the recent years, the interest in the concept of corporate environmental responsibility has been increased in Azerbaijan, like in many other countries in the world. A lot of companies in the country are directly or indirectly involved in one or more environmental responsibility activities. This paper intends to examine the leading Azerbaijani energy company, SOCAR’s (The State Oil Company of Azerbaijan Republic) CSR practices focusing on the environmental dimension to determine to what extent it is fulfilling its reponsibility toward the environment. To do the research, a qualitative method was also used, specifically document analysis method. The secondary data on environmental activities and initiatives are culled out from the annual sustainability reports of the company. Moreover, the available literature on corporate environmental responsibility is undertaken for the theoretical underpinnings on the subject.

Suggested Citation

  • Namig MIRZAYEV, 2021. "The Environmental Aspect Of Corporate Soci̇al Responsibility: Document Analysis Of Socar," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 26, pages 109-113, September.
    • Handle: RePEc:cmj:seapas:y:2021:i:25:p:109-113
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    References listed on IDEAS

    as
    1. Sandra A. Waddock & Samuel B. Graves, 1997. "The Corporate Social Performance–Financial Performance Link," Strategic Management Journal, Wiley Blackwell, vol. 18(4), pages 303-319, April.
    2. Philip Baird & Pinar Geylani & Jeffrey Roberts, 2012. "Corporate Social and Financial Performance Re-Examined: Industry Effects in a Linear Mixed Model Analysis," Journal of Business Ethics, Springer, vol. 109(3), pages 367-388, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Environmental Responsibility; Petroleum Industry; SOCAR;
    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

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