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Supporting the Sustainable Development of Companies Through the Use of Social Responsibility Practices In International Affairs

In: 16th Economic International Conference NCOE 4.0 2020

Author

Listed:
  • Camelia Catalina Mihalciuc

    (Faculty of Economics and Public Administration, Department of Accounting, Auditing and Finance, “Stefan cel Mare†University Suceava)

  • Maria Grosu

    (Economics and Business Administration, Department of Accounting, Business Information Systems and Statistics, Economics and Business Administration, "Alexandru Ioan Cuza" University of Iasi)

  • Anisoara Niculina Apetri

    (Faculty of Economics and Public Administration, Department of Accounting, Auditing and Finance, “Stefan cel Mare†University Suceava)

Abstract

Corporate social responsibility became acquainted with a considerable evolution from a phenomenon little known and practiced by corporations, to a fundamental start-up priority, for both large and small companies. The involvement of corporations in solving global problems (such as global warming, low level of education, poverty eradication, equality between individuals and respect for human rights) is a widespread trend nowadays. In this paper, the authors tried to reproduce the methods of implementing the measures of social responsibility of the companies, which contribute to supporting of the sustainable development, for some representative industrial branches (the industry and the services of the IT sector, the car construction industry, the food industry, the light industry, the mining industry, the cosmetic industry), by presenting the most relevant social responsibility campaigns encouraged by various companies. The corporate responsibility of the corporations has undergone an alert development, evolving from a little known phenomenon and, even less, practiced, towards a controversial subject, on the basis of which numerous works have been elaborated, constituting a fundamental strategic priority in the business process nowadays. Sustainable development and corporate social responsibility are compatible elements and points of view that need to be taken into consideration in the company's development strategy, with benefits for both the company, the environment, and all stakeholder categories.

Suggested Citation

  • Camelia Catalina Mihalciuc & Maria Grosu & Anisoara Niculina Apetri, 2020. "Supporting the Sustainable Development of Companies Through the Use of Social Responsibility Practices In International Affairs," Book chapters-LUMEN Proceedings, in: Carmen NÄ‚STASE (ed.), 16th Economic International Conference NCOE 4.0 2020, edition 1, volume 13, chapter 19, pages 206-225, Editura Lumen.
  • Handle: RePEc:lum:prchap:13-19
    DOI: https://doi.org/10.18662/lumproc/ncoe4.0.2020/19
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    References listed on IDEAS

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    1. Agnieszka Alińska & Beata Zofia Filipiak & Aneta Kosztowniak, 2018. "The Importance of the Public Sector in Sustainable Development in Poland," Sustainability, MDPI, vol. 10(9), pages 1-24, September.
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    Keywords

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    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • F1 - International Economics - - Trade
    • F3 - International Economics - - International Finance
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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