Assumptions of Corporate Social Responsibility as Competitiveness Factor
The purpose of this study was to examine the assumptions of corporate social responsibility (CSR) as competitiveness factor in economic downturn. Findings indicate that factors affecting the quality of the micro-economic business environment, i.e., the sophistication of enterprise’s strategy and...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
NGO “Economic Laboratory for Transition Research” (ELIT)
2017-09-01
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| Series: | Montenegrin Journal of Economics |
| Subjects: | |
| Online Access: | http://www.mnje.com/sites/mnje.com/files/149-160_-_simanaviciene_-_z6.pdf |
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| Summary: | The purpose of this study was to examine the assumptions of corporate
social responsibility (CSR) as competitiveness factor in economic
downturn. Findings indicate that factors affecting the quality of
the micro-economic business environment, i.e., the sophistication of
enterprise’s strategy and management processes, the quality of the
human capital resources, the increase of product / service demand,
the development of related and supporting sectors and the efficiency
of natural resources, and competitive capacities of enterprise
impact competitiveness at a micro-level. The outcomes suggest that
the implementation of CSR elements, i.e., economic, environmental
and social responsibilities, gives good opportunities to increase
business competitiveness. |
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| ISSN: | 1800-5845 1800-6698 |