IDEAS home Printed from https://ideas.repec.org/a/nwe/eajour/y2019i2p287-295.html
   My bibliography  Save this article

The Role of Internal Audit in Corporate Social Responsibility Strategies

Author

Listed:
  • Valeria Dineva

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

Internal audit can play an important role in corporate social responsibility (CSR) strategies. The role depends on the degree of maturity of the organization, including the maturity of CSR, as well as the degree of maturity of the internal audit. It is essential that the internal audit provide assurance about the CSR strategies. At the same time, internal audit can be a driver, a leader that will stimulate the creation and development of a CSR strategy. In fulfilling this role, an internal audit applies a holistic approach. In this context, it is also important to encourage the development of a comprehensive CSR management and control system. CSR is a delicate activity. In this sense, an internal audit faces many threats. In order to be really useful and meet expectations, the internal audit needs to be independent. The competence of internal auditors in the field of CSR, as well as the business as a whole, needs to be constantly improved. The strategic objectives of the internal audit should be in line with the organization’s objectives, including those related to CSR.

Suggested Citation

  • Valeria Dineva, 2019. "The Role of Internal Audit in Corporate Social Responsibility Strategies," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 287-295, June.
  • Handle: RePEc:nwe:eajour:y:2019:i:2:p:287-295
    as

    Download full text from publisher

    File URL: https://www.unwe.bg/uploads/Alternatives/11_Dineva_Alternatives_en_2_2019.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ali Veysel, 2022. "Non-Financial Information Disclosures by Bulgarian Listed Companies," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 17-33.

    More about this item

    Keywords

    control; strategy; corporate social responsibility; internal audit; maturity model;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing
    • M48 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Government Policy and Regulation
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nwe:eajour:y:2019:i:2:p:287-295. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vanya Lazarova (email available below). General contact details of provider: https://edirc.repec.org/data/unweebg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.