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Corporate social responsibility in Romania: trends, drivers, challenges and opportunities

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  • Carmen Stoian
  • Rodica Milena Zaharia

Abstract

Awareness of corporate social responsibility (CSR) practices is relatively new in emerging markets such as Romania. However, with the intensifying integration of markets and the increasing investment from multinational companies, supply of and demand for corporate socially responsible behaviour are increasing in these economies. We aim to investigate the trends, drivers, challenges and opportunities of implementing a corporate social responsible behaviour in Romania. We use qualitative analysis based on company case studies and an extensive research of policy documents and newspaper articles. We find that CSR behaviour is driven both by multinationals and local companies, with civil society and legislation playing an increasing role in Romania at present.

Suggested Citation

  • Carmen Stoian & Rodica Milena Zaharia, 2009. "Corporate social responsibility in Romania: trends, drivers, challenges and opportunities," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 1(4), pages 422-437.
    • Handle: RePEc:ids:ijecbr:v:1:y:2009:i:4:p:422-437
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    Citations

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    Cited by:

    1. DIMA Stela Crina, 2010. "From International Trade to Firm Internationalization," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 02, June.
    2. Richard Nyuur & Ružica Brečić & Patrick Murphy, 2019. "Managerial Perceptions of Firms’ Corporate Sustainability Strategies: Insights from Croatia," Sustainability, MDPI, vol. 12(1), pages 1-15, December.
    3. Rodica Milena Zaharia & Alin Stancu & Carmen Stoian & Mihaela Diaconu, 2010. "Commercial Activity’s Contribution to Sustainable Development by Social Responsability Actions: a Vision of SMEs," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 12(27), pages 155-167, February.
    4. Petya Koleva & Maureen Meadows, 2021. "Inherited Scepticism and Neo-communist CSR-washing: Evidence from a Post-communist Society," Journal of Business Ethics, Springer, vol. 174(4), pages 783-804, December.

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