IDEAS home Printed from https://ideas.repec.org/a/dug/actaec/y2011i4p5-9.html
   My bibliography  Save this article

SMEs and Social Responsibility Policies in the Romanian Business Environment

Author

Listed:
  • Stefan Gheorghe

    (Danubius University of Galati, Romania)

Abstract

The activity of economic organizations and not only, is based on the contribution of large and diverse socio-professional groups (such as employees, consumers, providers, local communities – stakeholders in one word) whose interests must be respected. When a company initiates successful social responsibility programs at local, regional or national level, these particular programs contribute to its financial success allowing it also the "luxury" of getting involved in "generous" initiatives. In addition to these economic arguments, one must consider the moral arguments in favour of the companies’ social responsibility. Competitiveness in this field is real, thus making the companies’ visibility to depend on it. Consequently, underestimating their impact can lead to the loss of customers, narrowing of economic activity and difficulties in attracting new customers. The consequences for business are: decrease of the profit, reduced development perspectives, a significant abatement, etc.

Suggested Citation

  • Stefan Gheorghe, 2011. "SMEs and Social Responsibility Policies in the Romanian Business Environment," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 4(4), pages 5-9, August.
    • Handle: RePEc:dug:actaec:y:2011:i:4:p:5-9
    as

    Download full text from publisher

    File URL: http://journals.univ-danubius.ro/index.php/oeconomica/article/view/1120/905
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Norman Barry, 1998. "Business Ethics," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-12386-5.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mirela PANAIT & Irina RADULESCU & Catalin VOICA, 2018. "Financial Inclusion and Vulnerabilities Generated by the International Crisis," Romanian Journal of Economics, Institute of National Economy, vol. 47(2(56)), pages 71-81, Decembre.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.

      Corrections

      All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dug:actaec:y:2011:i:4:p:5-9. See general information about how to correct material in RePEc.

      If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

      If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

      If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

      For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Daniela Robu (email available below). General contact details of provider: https://edirc.repec.org/data/fedanro.html .

      Please note that corrections may take a couple of weeks to filter through the various RePEc services.

      IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.