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Approaches Impact Of Csr In Companies

Author

Listed:
  • Nicoleta CRISTACHE
  • Adrian MICU
  • Edit LUKACS
  • Irina Olimpia SUSANU

Abstract

In advocating for CSR we shall start from the fact that there should be a policy on the company level according to which these companies have a responsibility that goes beyond a simple algorithm on profit. This concept is based on the responsibility towards people, society and environment that are affected by their activity. Beside the company’s contribution to the society by creating work places, taxes and collateral economic effects, the company can develop products, services, production methods and business practices. In this context, CSR ensures the achievement of a strong connection between the private environment and the community, contributing at the same time to the sustainable development of the company. The CSR concept should be regarded as an integral part of the company, that should not hinder the proper activities conducted by that company, but to represent responsibility towards society.

Suggested Citation

  • Nicoleta CRISTACHE & Adrian MICU & Edit LUKACS & Irina Olimpia SUSANU, 2015. "Approaches Impact Of Csr In Companies," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 9(1), pages 822-829, November.
    • Handle: RePEc:rom:mancon:v:9:y:2015:i:1:p:822-829
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    References listed on IDEAS

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    2. Abagail McWilliams & Donald Siegel, 2000. "Corporate social responsibility and financial performance: correlation or misspecification?," Strategic Management Journal, Wiley Blackwell, vol. 21(5), pages 603-609, May.
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