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Overview of the State of Corporate Social Responsibility within Multinational Companies

Author

Listed:
  • Codruţa Dura

    (University of Petrosani, Romania)

  • Mihaela Ghicajanu

    (University of Petrosani, Romania)

Abstract

In the near future, multinational companies should play a crucial role in supporting and developing a responsible corporate behavior from social, as well as ecological point of view, within the globalization framework. Thus, the process of globalization and liberalization of markets, of goods and services, must be accompanied by the real progress towards an effective system of global governance, with its own social and environmental dimensions. The paper dwells upon the diagnosis of the current state of corporate social responsibility within the international business environment, substantiated on the basis of a study carried out in 2010 by the American scientific and professional organization Business for Social Responsibility (BSR).

Suggested Citation

  • Codruţa Dura & Mihaela Ghicajanu, 2012. "Overview of the State of Corporate Social Responsibility within Multinational Companies," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 12(4), pages 85-94.
    • Handle: RePEc:pet:annals:v:12:y:2012:i:4:p:85-94
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    More about this item

    Keywords

    corporate social responsibility (CSR); sustainable business; multinational companies; responsible industries; return on investment (ROI) of CSR; business environment;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F64 - International Economics - - Economic Impacts of Globalization - - - Environment

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