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Analysis of Congruency Effects of Corporate Responsibility Code Implementation on Corporate Sustainability in Bio-Economy

Nicoleta Cristache, Marian Nãstase (), Radu Petrariu and Margareta Florescu
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Nicoleta Cristache: “Dunãrea de Jos” University of Gala?i, Gala?i, Romania
Marian Nãstase: Bucharest University of Economic Studies, Bucharest, Romania
Radu Petrariu: Bucharest University of Economic Studies, Bucharest, Romania
Margareta Florescu: Bucharest University of Economic Studies, Bucharest, Romania

The AMFITEATRU ECONOMIC journal, 2019, vol. 21, issue 52, 536

Abstract: The present study attempts at providing an overview of the congruency effect of social reporting on corporate sustainability in bio-economy. The paper was structured to identify the main congruency forces that can constitute both the strategic and operational dimensions linked to the implementation of a corporate responsibility code within companies from the bio-economy sector. Research has shown that the congruency effect is stronger when companies report a greater tendency towards social reporting and pay more attention to the relationships with stakeholders. Moreover, the results of the study aimed to shed a new light on the role of a company’s social identity both in its internal process and in consolidating its position in the market by using CSR reporting elements.

Keywords: corporate responsibility code; bio-economy; congruency effect; sustainability. (search for similar items in EconPapers)
JEL-codes: M14 Q56 (search for similar items in EconPapers)
Date: 2019
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