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Ensuring Healthy and Safe Work Conditions in the Context of Corporate Social Responsibility

Author

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  • Hristina Blagoycheva

    (University of Economics, Varna, Bulgaria)

Abstract

The present publication aims to identify the prerequisites for differentiating the management of healthy and safe work conditions as an element of corporate social responsibility and to identify the benefits of their application as an element of the overall management of the organization. Every year in Europe 1 in 10 workers is affected by an accident at work or by industrial disease. As a result, 3,4 million people die and 3,7 million remain disabled. Total losses are 3,3% of the European Union’s GDP. Governments create legal norms, regulations and prescriptions, but it is the employers who are responsible for building a healthy and safe working environment in organizations. This responsibility is often overlooked by businesses in favor of quick profits or is reduced to formal implementation of the main regulatory requirements. Such behavior ultimately leads to losses for both the company itself and society as a whole. It is obvious that businesses need more information to realize the overall benefits of good management of health and safety at work, especially in today’s globalized world with increased demands for public responsibility. Therefore, an attempt is made to draw the reflections of the work environment created in the organization, to present good practices and to outline the benefits of the voluntary adoption of corporate social responsibility as an integral part of the management of the business unit.

Suggested Citation

  • Hristina Blagoycheva, 2019. "Ensuring Healthy and Safe Work Conditions in the Context of Corporate Social Responsibility," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 4, pages 56-66, December.
  • Handle: RePEc:nwe:iisabg:y:2019:i:4:p:56-66
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    More about this item

    Keywords

    healthy and safe work conditions; corporate social responsibility; accidents at work; corporate governance;
    All these keywords.

    JEL classification:

    • J53 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Labor-Management Relations; Industrial Jurisprudence
    • J83 - Labor and Demographic Economics - - Labor Standards - - - Workers' Rights

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