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Social Responsibility Part Of The Strategy Of The Organizations

Author

Listed:
  • Madalina Albu

    (Petroleum-Gas University of Ploiesti, Faculty of Economic Sciences)

Abstract

The social responsibility of organizations can be defined as the concern of managers to decide and implement actions that have the role of creating added value to their business, in synergy with respect for the interests and welfare of society. The integration of social responsibility in the decision-making process at the level of companies and other organizations, is an activity that determines immediate positive effects on those directly involved, on local communities and on society as a whole. Establishing a framework for promoting and applying the concept of social responsibility is an important factor in promoting economic development and the sustainable development of local communities and society in general. The annual preparation of the Responsibility Reports at the level of organizations has the role of providing information about the impact of the companies' activity, as well as about the latest initiatives in areas that include the environment, nutrition and sustainable development. The case study aims to emphasize the opportunity to integrate the concepts of social responsibility in the strategy of organizations

Suggested Citation

  • Madalina Albu, 2022. "Social Responsibility Part Of The Strategy Of The Organizations," Management Strategies Journal, Constantin Brancoveanu University, vol. 56(2), pages 12-18.
  • Handle: RePEc:brc:journl:v:56:y:2022:i:2:p:12-18
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    References listed on IDEAS

    as
    1. Liliana Nicoleta SIMIONESCU & Ștefan Cristian GHERGHINA, 2014. "Corporate social responsibility and corporate performance: empirical evidence from a panel of the Bucharest Stock Exchange listed companies," Management & Marketing, Economic Publishing House, vol. 9(4), Winter.
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    More about this item

    Keywords

    social responsibility; sustenable development; company strategy; business; environment;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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