The Recipe For Stability And Competitiveness In Times Of Crisis - A Sustainable Global Performance
AbstractThis paper propose a solution in order to attenuate turbulences generated by the deepening of global financial crisis. In order to be efficient, a company must guided by a sustainable operational model. During the activity, the company is facing three types of challenges: economic, environmental and social. If we assign the three components to the performance, it results the concept of global performance. Besides economic responsibilities, global performance raises new responsibilities for the economic community, respectively for the environment responsibility and for the social responsibility. Enlarging the scope on social and environment elements too, is allowed the access to the entire community of users, meaning that is allowed the access for the users who included the social and environment elements in the selection criteria of business partners. Finding new unity elements, performance coordinates, can become the base for the business success.
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Bibliographic InfoArticle provided by University of Craiova, Faculty of Economics and Business Administration in its journal Annals of Computational Economics.
Volume (Year): 1 (2011)
Issue (Month): 39 ()
global performance; environment responsibility; social responsibility; “societal” responsibility; “societal” receptivity;
Find related papers by JEL classification:
- A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
- A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
- M12 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Personnel Management; Executives; Executive Compensation
- M14 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
- M21 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics - - - Business Economics
- Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Catherine J. Morrison-Paul & Donald S. Siegel, 2006.
"Corporate Social Responsibility and Economic Performance,"
Rensselaer Working Papers in Economics
0605, Rensselaer Polytechnic Institute, Department of Economics.
- Catherine M. Paul & Donald Siegel, 2006. "Corporate social responsibility and economic performance," Journal of Productivity Analysis, Springer, vol. 26(3), pages 207-211, December.
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