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Corporate Social Responsability In The Current Global Economic Context

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Author Info

  • Emanoil MUSCALU

    ()
    (“Lucian Blaga” University of Sibiu,Romania,The Faculty of Economic Science)

  • Lucia FRATICIU

    ()
    („Lucian Blaga” University of Sibiu, Romania,The Faculty of Economic Science)

  • Andrada GHITULETE

    ()
    (Babes-Bolyai University, Cluj-Napoca, Romania)

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    Abstract

    In the current economic context, the social issue has become a major preoccupation for the current activity of the organizations that aim to create performance. This is because the modern organization is evaluated also from the point of view of its contribution to the social life of the community it belongs to. As Sophocles said “all benefactors think a little bit also about themselves”. Nowadays, managers not only do they have to lead the activities of the economic organizations in a profitable way, but also have to be responsible for the impact of these activities. Therefore, when confronted to the numerous opportunities and dangers, current companies and managers must find economically, socially and ecologically sustainable activities. And, although social responsibility requires considerable efforts on the part of the companies, it is, without doubt that the benefits obtained are multiplied.

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    Bibliographic Info

    Article provided by Spiru Haret University, Faculty of Management Brasov in its journal Review of General Management.

    Volume (Year): 15 (2012)
    Issue (Month): 1 (Mai)
    Pages: 85-92

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    Handle: RePEc:fmb:journl:v:15:y:2012:i:1:p:85-92

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    Web page: http://www.spiruharet.ro/facultati/facultate.php?id=7
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    Related research

    Keywords: competitiveness; financial capital; globalization; sustainable development;

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    References

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    1. Abagail McWilliams & Donald S. Siegel & Patrick M. Wright, 2005. "Corporate Social Responsibility: Strategic Implications," Rensselaer Working Papers in Economics 0506, Rensselaer Polytechnic Institute, Department of Economics.
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    Cited by:
    1. Raluca Florentina CRETU, 2012. "Corporate Governance and Corporate Diversification Strategies," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 13(4), pages 621-633, October.

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