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Investigating the factors affecting companies' attitudes towards CSR and CER during the fiscal crisis in Greece

Author

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  • Evangelos Glavopoulos
  • Sotirios Bersimis
  • Dimitrios Georgakellos
  • Michael Sfakianakis

Abstract

This paper explores, through a relevant survey, the factors affecting companies' behaviour towards Corporate Social and Environmental Responsibility (CSR and CER) and how the fiscal crisis in Greece may change companies' perceptions towards them. All responses were appropriately analysed using multivariate statistical techniques, and showed that companies' attitude towards CSR/CER is mainly associated with the management systems applied. In addition, it is strongly related to financial results, which are influenced by the recession and the bank credit accessibility problems. Moreover, companies believe that issues such as a company's financial results, reputation/image, market-share/sales etc. are considered as significant incentives to implement CSR/CER actions.

Suggested Citation

  • Evangelos Glavopoulos & Sotirios Bersimis & Dimitrios Georgakellos & Michael Sfakianakis, 2014. "Investigating the factors affecting companies' attitudes towards CSR and CER during the fiscal crisis in Greece," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 57(11), pages 1612-1641, November.
  • Handle: RePEc:taf:jenpmg:v:57:y:2014:i:11:p:1612-1641
    DOI: 10.1080/09640568.2013.826577
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    Cited by:

    1. Magrizos, Solon & Apospori, Eleni & Carrigan, Marylyn & Jones, Rosalind, 2021. "Is CSR the panacea for SMEs? A study of socially responsible SMEs during economic crisis," European Management Journal, Elsevier, vol. 39(2), pages 291-303.
    2. Labrini Sideri, 2021. "Leveraging CSR for Sustainability: Assessing Performance Implications of Sustainability Reporting in a National Business System," Sustainability, MDPI, vol. 13(11), pages 1-16, May.
    3. Seles, Bruno Michel Roman Pais & Lopes de Sousa Jabbour, Ana Beatriz & Jabbour, Charbel Jose Chiappetta & Latan, Hengky & Roubaud, David, 2019. "Do Environmental Practices Improve Business Performance Even in an Economic Crisis? Extending the Win-Win Perspective," Ecological Economics, Elsevier, vol. 163(C), pages 189-204.

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