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Corporate socially responsible (CSR) practices in the context of Greek industry

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  • Constantina Bichta

Abstract

This paper sets out to describe the level of corporate environmental responsibility of the Greek industrial sector. While the level of corporate socially responsible behaviour has been widely explored in the context of Northern European industry, the theoretical work surrounding the level of CSR practices of Greek industry is underdeveloped. A qualitative study was designed to increase awareness about the level of environmental responsibility of two Greek firms, which represented the chemical/fertilizer and metal sectors. The empirical findings suggest that a number of factors, both internal and external, determine the level of environmental policy and performance of the two companies. The environmental policy of the companies appears also to relate to the sector of operation. The paper concludes that the Greek business actor should look at his workforce in order to accelerate the environmental activities of the organization. With regard to the theory of CSR, it is argued that the development of a model of CSR is aided by the study and identification of factors that support and/or undermine the socially responsible behaviour of the European corporate sector. Copyright © 2003 John Wiley & Sons, Ltd. and ERP Environment.

Suggested Citation

  • Constantina Bichta, 2003. "Corporate socially responsible (CSR) practices in the context of Greek industry," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 10(1), pages 12-24, March.
    • Handle: RePEc:wly:corsem:v:10:y:2003:i:1:p:12-24
    DOI: 10.1002/csr.31
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    1. Ioanna Kountouri & Eleftherios Manousakis & Andrianos E. Tsekrekos, 2019. "Latent semantic analysis of corporate social responsibility reports (with an application to Hellenic firms)," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 16(1), pages 1-19, March.
    2. Mariana Hatmanu & Christiana Brigitte Sandu & Elisabeta Jaba, 2019. "A Comparative Study on Drivers for Corporate Environmental Responsibility, EU15 vs. EU-NMS13," Sustainability, MDPI, vol. 11(22), pages 1-27, November.
    3. Davide Secchi, 2006. "The Italian experience in social reporting: an empirical analysis," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 13(3), pages 135-149, July.
    4. Sónia Maria da Silva Monteiro & Beatriz Aibar‐Guzmán, 2010. "Determinants of environmental disclosure in the annual reports of large companies operating in Portugal," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 17(4), pages 185-204, July.
    5. Jose‐Manuel Prado‐Lorenzo & Isabel Gallego‐Alvarez & Isabel M. Garcia‐Sanchez, 2009. "Stakeholder engagement and corporate social responsibility reporting: the ownership structure effect," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 16(2), pages 94-107, March.
    6. Lynes, Jennifer K. & Andrachuk, Mark, 2008. "Motivations for corporate social and environmental responsibility: A case study of Scandinavian Airlines," Journal of International Management, Elsevier, vol. 14(4), pages 377-390, December.
    7. Theodore Metaxas & Maria Tsavdaridou, 2017. "Environmental Policy and CSR in Petroleum Refining Companies in Greece: Content and Global Reporting Initiative (GRI) Analysis," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 19(03), pages 1-29, September.
    8. Ioannis E. Nikolaou & George Kourouklaris & Thomas A. Tsalis, 2014. "A framework to assist the financial community in incorporating water risks into their investment decisions," Journal of Sustainable Finance & Investment, Taylor & Francis Journals, vol. 4(2), pages 93-109, April.
    9. Waris Ali & Maha Faisal Alsayegh & Zubair Ahmad & Zeeshan Mahmood & Javed Iqbal, 2018. "The Relationship between Social Visibility and CSR Disclosure," Sustainability, MDPI, vol. 10(3), pages 1-32, March.
    10. Zainab Al Mubarak & Anji Ben Hamed & Muneer Al Mubarak, 2018. "Impact of corporate social responsibility on bank’s corporate image," Social Responsibility Journal, Emerald Group Publishing Limited, vol. 15(5), pages 710-722, November.
    11. Theofanis Karagiorgos, 2010. "Corporate Social Responsibility and Financial Performance: An Empirical Analysis on Greek Companies," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 85-108.
    12. Stoilkovska, Aleksandra & Gramatnikovski, Sashko & Serafimovic, Gordana, 2019. "The Influence Of The Use Of Power In Corporate Governance On The Socially Responsible Policies Of A Competing Company," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 10(1), pages 77-84.
    13. Secchi Davide, 2004. "Corporate Social Responsibility in Europe: Analyzing Business in Transnational Contexts," Economics and Quantitative Methods qf04023, Department of Economics, University of Insubria.
    14. Minghui Yang & Paulo Bento & Ahsan Akbar, 2019. "Does CSR Influence Firm Performance Indicators? Evidence from Chinese Pharmaceutical Enterprises," Sustainability, MDPI, vol. 11(20), pages 1-18, October.
    15. Peter Dobers, 2009. "Corporate social responsibility: management and methods," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 16(4), pages 185-191, July.
    16. Wenbin Long & Le Luo & Hongfeng Sun & Qiqi Zhong, 2023. "Does going abroad lead to going green? Firm outward foreign direct investment and domestic environmental performance," Business Strategy and the Environment, Wiley Blackwell, vol. 32(1), pages 484-498, January.
    17. Isabel Ma García‐Sánchez, 2008. "Corporate social reporting: segmentation and characterization of Spanish companies," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 15(4), pages 187-198, July.
    18. Ionela Carmen PIRNEA & Marieta OLARU & Timo KEPPLER & Mircea SANDRU, 2014. "Corporate Social Responsibility Between Performance And Sustainability," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 8(1), pages 419-427, November.

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