INTERDEPENDENCIES BETWEEN CSR AND RISK MANAGEMENT

Razvan Dobrea ()

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2012, vol. 6, issue 1, 55-63

Abstract: The CSR programs development on medium and long term cannot be put into practice anymore without a real correspondence on the operational risk management’s plan at the organization’s level. The increased dynamic of the problems with social and ecologic impact obliges the organizations to concentrate their efforts on these directions, but the resources problem and the one of the performance at international level represent inhibiting factors. The knowledge-based economy has changed the structure of the RM and this has become more complex and difficult to deal with in real time, creating incertitude and insecurity for the managers, investors, shareholders and stakeholders.

Keywords: CSR (corporate social responsibility); hazard; risk; uncertainty; vulnerability. (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:6:y:2012:i:1:p:55-63

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