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Corporate Social Responsibility
[Společenská odpovědnost podniků jako zdroj konkurenční výhody?]

Author

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  • Dana Zadražilová

Abstract

In recent years, interest in corporate social responsibility (CSR) has risen considerably due to stakeholder expectations: "conscientious consumers", institutional investors' interest in Socially Responsible Investment (SRI), the increasing demand for highly qualified employees, the political community's interest in sustainability culminating in various initiatives, discussion among the general public about corporate responsibility. CSR can contribute to the success of a company in many ways; e.g., improve its risk management techniques; reduce the reputation-damage risk; attract and retain qualified employees; generate a beneficial business environment. CSR could be a source of competitive advantage if it generates a unique character of the company or product brand.

Suggested Citation

  • Dana Zadražilová, 2008. "Corporate Social Responsibility [Společenská odpovědnost podniků jako zdroj konkurenční výhody?]," Acta Oeconomica Pragensia, Prague University of Economics and Business, vol. 2008(3), pages 103-109.
  • Handle: RePEc:prg:jnlaop:v:2008:y:2008:i:3:id:112:p:103-109
    DOI: 10.18267/j.aop.112
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    More about this item

    Keywords

    Corporate Social Responsibility; Socially Responsible Investment; stakeholder; reputation; competitive advantage; sustainability reporting; sustainability/social indices;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers

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