Management Culture and Corporate Social Responsibility 2018
DOI: 10.5772/intechopen.70625
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Corporate Social Responsibility as the Organization’s Commitment against Stakeholders

Abstract: Depending on society culture, traditions, and era, understanding of companies' social responsibility might vary. In this part, we distinguish definitions of companies' social responsibility and discuss the roles of stakeholders. Relations between the stakeholders are discussed in the context of social capital development. We emphasize that commitment against the interested subjects can be a long-term company policy, dictated by values of an organization, rather than the strategy in the activity market. Often i… Show more

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Cited by 21 publications
(16 citation statements)
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“…Similar to the above, Málovics et al state that CSR performance is a strong indicator of a firm's sustainable success [77]. On the other hand, Zhukauskas et al consider that sustainable development of society and business has become a magical formula in solving both social problems and the problems of preservation of a safe environment, necessary for human existence, in the context in which ideas of social responsibility are highlighted [78]. In that way, the CSR concept is being related to the environment and goes beyond consideration at the company level.…”
Section: Literature Reviewmentioning
confidence: 94%
“…Similar to the above, Málovics et al state that CSR performance is a strong indicator of a firm's sustainable success [77]. On the other hand, Zhukauskas et al consider that sustainable development of society and business has become a magical formula in solving both social problems and the problems of preservation of a safe environment, necessary for human existence, in the context in which ideas of social responsibility are highlighted [78]. In that way, the CSR concept is being related to the environment and goes beyond consideration at the company level.…”
Section: Literature Reviewmentioning
confidence: 94%
“…As a management concept, CSR has always been inseparable from stakeholders ( Tokoro, 2007 ; Žukauskas et al, 2018 ). CSR can generally be understood as the path through which a company performs a balance of social, environmental, and economic imperatives while upholding the anticipation of stakeholders ( O’Riordan and Fairbrass, 2008 ).…”
Section: Theoretical Foundation and Hypotheses Developmentmentioning
confidence: 99%
“…The role of business in shaping the future and making proactive contributions to societal development has been recognized and is also being encouraged by society through assurances of cooperation. Depending on society culture, traditions, and era, understanding of companies' social responsibility might vary (Zukauskas et al, 2018). The results of recent research on corporate social responsibility (CSR) have emphasized to companies that the use of CSR strategy can create and strengthen the necessary resources for development and prosperity in society (Imran et al, 2010).…”
Section: Corporate Social Responsibility (Csr)mentioning
confidence: 99%