EUROPEAN JOURNAL OF ACCOUNTING, FINANCE & BUSINESS

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ISSN: 2344 - 102X

ISSN-L: 2344 - 102X



 

Article from Volume 10, Number 2, Year 2022

THE IMPORTANCE OF IMPLEMENTING AND APPLYING CSR PRACTICES IN ENTERPRISES IN THE REPUBLIC OF MOLDOVA
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Author(s): Ana-carolina Cojocaru (barbieru)
DOI: 10.4316/EJAFB.2022.10210
Abstract: The growing concern of society about problems of ethical, environmental and social nature, make companies try to address them in depth, acquiring a permanent commitment to all interest groups. This implies that companies adopt an active and responsible posture regarding the impact of their operations. CSR is an essential aspect of any organization livelihood. This is becoming an inevitable issue, regardless of the size or industry of the company. The main objective of the paper is to delve into the importance for companies to be socially responsible, whether by focusing their actions on the internal or external sphere with which it is related. In presenting of the material, the descriptive method was chosen, which incorporated components of comparison, analysis and deduction. We also used the questionnaire as a method of analysis, in order to be able to directly gather the opinions of the entities from the Republic of Moldova. The findings of the study can be employed in the practice of entities as well as for educational reasons.
Keywords: Corporate Social Responsibility, ESG Principles, Local Companies, SMEs.
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