EUROPEAN JOURNAL OF ACCOUNTING, FINANCE & BUSINESS

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ISSN: 2344 - 102X

ISSN-L: 2344 - 102X



 

Article from Volume 7, Number 2, Year 2019

CORPORATE SOCIAL RESPONSIBILITY AND SUSTAINABLE DEVELOPMENT - COMPLEX PHENOMENA OF THE MODERN CORPORATE ENVIRONMENT
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Author(s): Camelia Catalina Mihalciuc
DOI: 10.4316/EJAFB.2019.722
Abstract: The most important areas of social responsibility are: sustainability, sustainable development, environmental management, business ethics, philanthropy and community development support, workers' rights and welfare, human rights, corruption reduction, corporate governance, law enforcement and animal protection. The influence of corporations is ubiquitous, if we take into account the extensive resources over which they control. The concept approach, nowadays, is complex as a result of technological development, globalization, destruction of the environment and, last but not least, the insufficient contributions from the public sector. For this reason, companies are some what forced to act within the perimeter of the social environment in order to bring about improvements that benefit both their own company (being an effective marketing method) and other social environment actors in which they operate.
Keywords: Sustainability Development; Corporate Social Responsibility; Financial Performance; 2030 Agenda
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