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Crisis and Corporate Social Responsibility: Threat or Opportunity?

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  • Dra. Belén Fernández-Feijóo Souto

    ()
    (Department of Finances and Accounting, Faculty of Economics and Business Administration, University of Vigo, Spain)

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    Abstract

    The objective of this paper is to reflect on the consequences of the current economic and financial crisis on Corporate Social Responsibility (CSR), a concept of great importance nowadays. The core approach is the possible link between CSR and the crisis, if both elements can be combined. After an introduction to the current economic and financial situation, some conceptualizations about CSR are made to clarify the perspective used for this complex and incompletely defined concept. The last part of the paper presents an approach to the combination of both concepts, concluding with the idea that CSR in crisis periods can be converted from being a threat to an opportunity

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    Bibliographic Info

    Article provided by Technological Educational Institute (TEI) of Kavala, Greece in its journal International Journal of Economic Sciences and Applied Research (IJESAR).

    Volume (Year): 2 (2009)
    Issue (Month): 1 (June)
    Pages: 36-50

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    Handle: RePEc:tei:journl:v:2:y:2009:i:1:p:36-50

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    Related research

    Keywords: Crisis; Corporate social responsibility; Business ethics;

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    Cited by:
    1. Ciprian-Dumitru Stoian, 2013. "How To Deal With Corporate Social Responsibility In Financial Crisis," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(15), pages 27.
    2. IAMANDI Irina-Eugenia & CONSTANTIN Laura-Gabriela & JOLDES Cosmin-Silviu-Raul, 2010. "Corporate Social Responsibility During The Economic Crisis. The Case Of The Romanian Companies," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 963-969, December.
    3. Calderon Huerta Mario Rodolfo, 2012. "Examining CSR Reporting and Economic Crisis a Study of GRI Reporting Companies," Asian Economic and Financial Review, Asian Economic and Social Society, Asian Economic and Social Society, vol. 2(1), pages 30-39, March.

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