CORPORATE SOCIAL RESPONSIBILITY IN THE AUTOMOBILE INDUSTRY IN SLOVAK REPUBLIC
CORPORATE SOCIAL RESPONSIBILITY IN THE AUTOMOBILE INDUSTRY IN SLOVAK REPUBLIC
Author(s): Jana VicianováSubject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: automobile industry; corporate social responsibility; stakeholders
Summary/Abstract: At present, the corporate social responsibility should be seen not only in theory, but mainly at the level of business practice. Companies that apply the concept of corporate social responsibility are aware not only of social and environmental benefits, but also the economic benefits that this approach brings. Assumptions of social responsibility are to maximize the market value of the business provided that companies respect the laws and responsibilities of owners, managers and employees. Benefits of the corporate social responsibility are not only companies and their stakeholders, but also society. This fact inspires many large enterprises to start up a socially responsible business. The paper deals with the corporate social responsibility concept and its implementation in the car industry in Slovak republic. The aim of the article is basically on the theories of corporate social responsibility to identify the level of application of this concept in automobile industry in Slovakia.
Journal: Studia Universitatis Vasile Goldiş, Arad - Seria Ştiinţe Economice
- Issue Year: 21/2011
- Issue No: 1
- Page Range: 192-201
- Page Count: 10
- Language: English