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Is corporate social responsibility the privilege of developed market economies? Some evidence from Central and Eastern Europe

Author

Listed:
  • Petia Koleva
  • Nathalie Rodet-Kroichvili

    (RECITS - Recherches et Etudes sur le Changement Industriel, Technologique et Sociétal - UTBM - Université de Technologie de Belfort-Montbeliard)

  • Patricia David
  • Jana Marasova

Abstract

Developed market economies show a growing interest in Corporate Social Responsibility (CSR), attested by the sizeable theoretical and empirical literature on this issue. There is, however, less evidence of its existence in other geographical areas. Therefore, this paper proposes a framework for the study of this phenomenon in Central and Eastern European Countries (CEEC). This will be followed by an analysis of qualitative data obtained during semi-structured interviews with the representatives of 19 companies operating in four CEEC (Czech Republic, Slovakia, Romania and Bulgaria). The paper concludes that CSR should not be considered as the privilege of developed market economies, since a variety of responsible practices do exist in CEEC organizations. However, the study of their specificity appears to be more complex than an approach in terms either of a transposition of models or of legacy would lead us to believe. An evolutionary approach to institutions allows us to consider that the analysis of the CSR forms in the context of transition economies should take into account interactions between elements dependent on the past as well as imported standards and practices which have themselves been subject to change.

Suggested Citation

  • Petia Koleva & Nathalie Rodet-Kroichvili & Patricia David & Jana Marasova, 2010. "Is corporate social responsibility the privilege of developed market economies? Some evidence from Central and Eastern Europe," Post-Print halshs-00728515, HAL.
    • Handle: RePEc:hal:journl:halshs-00728515
    DOI: 10.1080/09585190903509597
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    Citations

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    Cited by:

    1. Khurshid Djalilov & Christopher A. Hartwell, 2023. "The spirit is willing, but the institutions are weak: disclosure of corporate social responsibility and the financial sector in transition," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 13(2), pages 385-427, June.
    2. Maria LOGHIN & Răzvan Cătălin DOBREA & Octavian Mihai PERPELEA, 2022. "SWOT Analysis and Key Actors in the Field of CSR," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 7(2), pages 246-257, June.
    3. FRECEA Georgiana - Loredana, 2017. "The People-Oriented Approach of CSR for the Banking Industry in Romania," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 01, March.
    4. François Maon & Valérie Swaen & Adam Lindgreen, 2017. "One Vision, Different Paths: An Investigation of Corporate Social Responsibility Initiatives in Europe," Journal of Business Ethics, Springer, vol. 143(2), pages 405-422, June.
    5. Justyna Fijalkowska & Beata Zyznarska-Dworczak & Przemyslaw Garsztka, 2017. "The Relation between the CSR and the Accounting Information System Data in Central and Eastern European (CEE) Countries – The Evidence of the Polish Financial Institutions," Journal of Accounting and Management Information Systems, Faculty of Accounting and Management Information Systems, The Bucharest University of Economic Studies, vol. 16(4), pages 490-521, December.
    6. Krivogorsky, Victoria & Mintchik, Natalia & Alon, Anna, 2023. "Accounting research in former Soviet bloc countries: Past trends and current and future developments," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 50(C).
    7. Justyna Fijałkowska & Beata Zyznarska-Dworczak & Przemysław Garsztka, 2018. "Corporate Social-Environmental Performance versus Financial Performance of Banks in Central and Eastern European Countries," Sustainability, MDPI, vol. 10(3), pages 1-22, March.
    8. Albin Skog & Örjan Sölvell, 2020. "The dark side of agglomeration, sustained wealth and transposition of trading institutions—the case of Bordeaux in the 18th and 19th centuries," Journal of Economic Geography, Oxford University Press, vol. 20(1), pages 67-91.
    9. Goran Radovanović & Ljiljana Miletić & Samed Karović & Marijana Dukić Mijatović & Milan Bubulj, 2022. "Influence of National Culture in Companies with Different Ownership on Employees’ CSR Perception in a Developing Country: The Case of Serbia," Sustainability, MDPI, vol. 14(4), pages 1-16, February.
    10. Petya Koleva & Maureen Meadows, 2021. "Inherited Scepticism and Neo-communist CSR-washing: Evidence from a Post-communist Society," Journal of Business Ethics, Springer, vol. 174(4), pages 783-804, December.

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