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Impact of Social Responsibility on the Quality of Company Governance

Author

Listed:
  • Jurić Ana

    (Rudarska cesta 15, 1412 Kisovec, Slovenia)

  • Zupanc Aleksandra

    (Trg Pohorskega bataljona 22, 1412 Kisovec, Slovenia)

  • Štrukelj Tjaša

    (University of Maribor, Faculty of Economics and Business, Slovenia)

Abstract

The central aim of the article is company governance, i.e., researching governance of a company that does not want to be only financially successful but also direct its governance toward socially responsible governance. The article begins with the definition of “theoretical backgrounds,” in which social responsibility in regard to company governance improvement in quality is explained. The article then focuses on the measurement of the quality of company governance; in the research, the selected tool chosen to evaluate the governance of the chosen company regarding social responsibility, i.e., SEECGAN index, is used. Further, the case study of a Slovenian public limited liability company is used. One of the important research findings is the recognition that the addressed part of the SEECGAN index needs to be innovated and further developed. Additional questions for the completion of the index used presents the added value of the article. This article has two limitations: 1) it focuses only on the tool chosen to evaluate the governance of the chosen company regarding social responsibility; 2) the case study is based on publicly accessible data.

Suggested Citation

  • Jurić Ana & Zupanc Aleksandra & Štrukelj Tjaša, 2019. "Impact of Social Responsibility on the Quality of Company Governance," Naše gospodarstvo/Our economy, Sciendo, vol. 65(2), pages 21-29, June.
    • Handle: RePEc:vrs:ngooec:v:65:y:2019:i:2:p:21-29:n:3
    DOI: 10.2478/ngoe-2019-0008
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    References listed on IDEAS

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    1. Ruth V. Aguilera & Cynthia A. Williams & John M. Conley & Deborah E. Rupp, 2006. "Corporate Governance and Social Responsibility: a comparative analysis of the UK and the US," Corporate Governance: An International Review, Wiley Blackwell, vol. 14(3), pages 147-158, May.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    governance; the quality of governance; SEECGAN index; social responsibility; environmental responsibility; strategic management; innovation;
    All these keywords.

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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