Econometric Study of the Relationship between Dimensions of Corporate Responsibility in the Multinational Companies

Grosu Maria ()
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Grosu Maria: „Alexandru Ioan Cuza” University, FEAA, Iasi

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 3, 66

Abstract: Corporate Responsibility, seen as a fundamental principle of corporate governance, aims contribution must have companies in the development of the modern society. Although it is widely discussed in the literature, the association of corporate responsibility - multinationals assumes, that the globalization of business, multinational companies are ones that have to initiate socially responsible actions, in order to meet changing requirements interest of more sophisticated. Most studies focused on the relationship: social performance-financial performance showed that the relationship is positive synergy within the theory and, moreover, were considered the manifestation of corporate global companies. In this context, we consider it appropriate to analyze expression of corporate responsibility in a representative sample of multinational companies operating in Romania, focusing on circular causality between the dimensions of corporate responsibility.

Keywords: corporate responsibility; social actions; multinational companies; social performance; financial performance. (search for similar items in EconPapers)
JEL-codes: M14 M38 M41 M42 (search for similar items in EconPapers)
Date: 2012
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