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Respecting Stakeholders and Their Engagement to Decision Making – The Way of Successful Corporate Social Responsibility Strategy

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  • Drieniková Katarína
  • Sakál Peter

    (Institute of Industrial Engineering, Management and Quality, Faculty of Materials Science and Technology, Slovak University of Technology, Paulínska 16, 917 24 Trnava, Slovak Republic)

Abstract

Current world situation characterized by constant dynamic development and changes in all spheres enforced us to view the business not only as a profit creator but as creator of added value to the society. The paper deals with the stakeholders as the integral part of corporate social responsibility (CSR) concept. It mentions the topic of stakeholder theory and stakeholder management in consideration of sustainable development and sustainable competitiveness of business. Within the paper are mentioned outputs of pilot research carried on among Slovak companies focusing on stakeholders and decision making within responsible business.

Suggested Citation

  • Drieniková Katarína & Sakál Peter, 2012. "Respecting Stakeholders and Their Engagement to Decision Making – The Way of Successful Corporate Social Responsibility Strategy," Research Papers Faculty of Materials Science and Technology Slovak University of Technology, Sciendo, vol. 20(Special N), pages 165-173, December.
    • Handle: RePEc:vrs:repfms:v:20:y:2012:i:special_number:p:165-173:n:24
    DOI: 10.2478/v10186-012-0028-z
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