CORRELATION BETWEEN AN ENTERPRISE’S FINANCIAL PERFORMANCE AND ITS POLITICS OF SOCIAL RESPONSIBILITY
CORRELATION BETWEEN AN ENTERPRISE’S FINANCIAL PERFORMANCE AND ITS POLITICS OF SOCIAL RESPONSIBILITY
Author(s): Monica Pătruţescu, Roxana Ispas, Dalia SimionSubject(s): Economy
Published by: Editura Eurostampa
Keywords: social responsibility of enterprise; financial performance; ethics in business; environment protection
Summary/Abstract: Social corporative responsibility is considered as being the assumed obligation of a company, beyond legal obligations or those imposed by economic restrictions, of following the objectives on a long term that are nevertheless for the society’s advantage; as a consequence to this, the company is being considered responsible not only in front of the shareholders (owners) but in front of all the participants of the enterprise (stakeholders): customers, suppliers, employees, creditors, governmental organizations, local communities, public opinion, groups if interests
Journal: Anale. Seria Ştiinţe Economice. Timişoara
- Issue Year: XVI/2010
- Issue No: 16
- Page Range: 451-456
- Page Count: 5
- Language: English