LEGAL AND ECONOMIC ASPECTS OF CORPORATE SOCIAL RESPONSIBILITY
LEGAL AND ECONOMIC ASPECTS OF CORPORATE SOCIAL RESPONSIBILITY
Author(s): Agnieszka Kos, Bogna GudowskaSubject(s): Law on Economics
Published by: Międzynarodowy Instytut Innowacji "Nauka - Edukacja - Rozwój"
Keywords: corporate social responsibility; economic aspects; legal aspects; European Union; international standards; ISO 26000
Summary/Abstract: The article concerns one of the most popular phenomena in the business currently, which iscorporate social responsibility (Corporate Social Responsibility, CSR). Its authors discuss thelegal dimension of CSR and the attempts to define it in European documents and internationalstandards. The analysis focuses on the SA 8000, ISO 26000 and AA 1000 standards.The article also discusses the economic dimension of CSR as a part of the company's strategy,especially in the face of growing trends related to sustainable economic development, growingconsumer awareness and the need to address the socio-ethical issues of production or trade. It isalso proposed to divide the economic aspects of CSR by their tangibility or intangibility. Theimpact of CSR on the financial results of enterprises is also discussed.
Journal: International Journal of Legal Studies (IJOLS)
- Issue Year: 6/2019
- Issue No: 2
- Page Range: 459-476
- Page Count: 18
- Language: English, Polish
