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Social Responsibility of Multinational Corporations to Train Their Personnel. An Evaluation of Explanatory Variables for a Telecommunications Company

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Listed:
  • Basarab Gogoneaţă

    (Academy of Economic Studies, Bucharest, Romania)

Abstract

Corporate social responsibility in the field of employee-employer relation has enjoyed a growing attention in recent years. In this context, workplace training plays an essential role for the harmony of interdependence between community and company. This paper provides a top-down analysis of training effects and a model for an empirical evaluation of explanatory variables for training intensity in the case of a multinational telecommunications company. The analysis of training effects revealed that there are important motivational, social and functional benefits for the employee. Empirical results were dependent on the calculation method of training intensity. Thus, the percentage of employees from a subsidiary, which participates in a training program, is related to the degree of market development but not to the average labour productivity. Nevertheless, when training intensity is expressed as the number of hours of training compared to the total person-hours worked, there is empirical evidence that both labour productivity and market development can be accepted as explanatory variables. The examination of results has highlighted significant discrepancies in personnel training between developed countries and less developed ones.

Suggested Citation

  • Basarab Gogoneaţă, 2011. "Social Responsibility of Multinational Corporations to Train Their Personnel. An Evaluation of Explanatory Variables for a Telecommunications Company," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 13(29), pages 132-145, February.
  • Handle: RePEc:aes:amfeco:v:13:y:2011:i:29:p:132-145
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    More about this item

    Keywords

    corporate social responsibility; workplace training; multinational corporations; labour productivity; development of telecommunications market;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M53 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Training
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • L96 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Telecommunications

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