ABOUT COPORATE SOCIAL RESPONSIBILITY OF MULTINATIONAL COMPANIES

Silvia Elena Isachi ()
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Silvia Elena Isachi: ”Victor Slavescu” Financial and Monetary Research Center, Romanian Academy, Romania

Contemporary Economy Journal, 2017, vol. 2, issue 1, 47-52

Abstract: This research paper is developed from the perspective of the sustainability of the economic process, the main purpose of analyzing the relationship between social performance and financial performance of companies, and especially the multinational companies. Multinational companies are those in that practice corporate social responsibility is most strongly developed, given their size, financial resources at their disposal, and exposure to various business environments, with different requirements and standards. The intensification global competition puts also pressure to the performance of companies and on a global market increasingly competitive, companies, whether multinational or domestic, attempted business solutions to identify optimal approaches through the prism of profit or integrated approach. Therefore, a number of increasingly more investors become interested not only in the financial performance of companies, but also how companies fulfill their social responsibilities, leading inevitably to changing the orientation pure financial to take consider other issues.

Keywords: corporate social responsibility; social performance; financial performance; multinational corporation (search for similar items in EconPapers)
JEL-codes: F23 L25 M14 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:brc:brccej:v:2:y:2017:i:1:p:47-52

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