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Corporate Social Responsibility of the Firms in Bulgaria

  • Radostina Bakurdjieva
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    The concept of the social responsibility of the firms is especially current in the last years. Researchers from academic institutions, as well as representatives of the business, authorities, international and non-governmental organizations participate actively in the dedicated to this topic discussion forums. The main goal of the study is to analyze the behavior of the firms in Bulgaria in the context of the social responsibility, to present positive firm practices, as well as to compare different firm strategies. The paper tracks the evolution of the concept of social responsibility in different theoretical schools. The definitions of acknowledged international institutions are systemized. The paper presents generalized results from case study survey of the social responsibility of 17 firms in Bulgaria. Formulated are conclusions and recommendations to the state institutions, companies and their managers.

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    Article provided by Bulgarian Academy of Sciences - Economic Research Institute in its journal Economic Studies.

    Volume (Year): (2009)
    Issue (Month): 2 ()
    Pages: 33-62

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    Handle: RePEc:bas:econst:y:2009:i:2:p:33-62
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    1. Williamson, Oliver E, 1979. "Transaction-Cost Economics: The Governance of Contractural Relations," Journal of Law and Economics, University of Chicago Press, vol. 22(2), pages 233-61, October.
    2. Oliver Hart & John Moore, 1988. "Property Rights and the Nature of the Firm," Working papers 495, Massachusetts Institute of Technology (MIT), Department of Economics.
    3. Rousska Dimova, 2004. "International Corporations and Globalization," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 99-114.
    4. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    5. Drew Fudenberg & Jean Tirole, 1991. "Game Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262061414, June.
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