Policies to promote Corporate social responsibility (CSR) and assessment of CSR impacts

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dc.contributor.authorLu, Jintao
dc.contributor.authorRen, Licheng
dc.contributor.authorLin, Wenfang
dc.contributor.authorHe, Yifan
dc.contributor.authorStreimikis, Justas
dc.contributor.otherEkonomická fakultacs
dc.date.accessioned2019-03-15
dc.date.available2019-03-15
dc.date.issued2019-03-15
dc.description.abstractThe Corporate social responsibility (CSR) concept is linked to the company’s responsibility for its impact on the society. The CSR is important for sustainability, competitiveness and innovation of the economy of each country and is tightly linked to the success in approaching Sustainable Development Goals (SDG) by the world countries. SDGs provide many benefits and opportunities for companies and in terms of risk management, increase the access to capital, improvement of stakeholders’ relationships etc. The literature on CSR has shifted from analysing the questions on whether companies should engage in societal challenges to whether and how countries and people benefit from these interventions in addressing sustainable development challenges, such as poverty, education, health, energy and environment. The recent scientific discussion on the assessment of CSR impacts provides contradictory results and findings. Therefore, this paper aims to shed more light on this issue and provide clear policy recommendations based on the conducted analysis. The paper analyses and compares the main policies that are aiming at the promotion of CSR, including reporting initiatives and requirements. The measures to assess the impact of CSR are discussed as well based on various reporting incentives that are guiding companies on how to assess and actually measure the effects of their activities by setting quantitative indicators. The dynamics of socially responsible companies and sustainability reporting initiatives are provided by indicating the effectiveness of the implemented policies and other initiatives to promote the CSR; however; the main emphasis of the paper is the impact of CSR on the societal challenges such as Sustainable Development Goals and integration of SDGs in the CSR assessment.en
dc.formattext
dc.format.extent17 strancs
dc.identifier.doi10.15240/tul/001/2019-1-006
dc.identifier.eissn2336-5604
dc.identifier.issn1212-3609
dc.identifier.urihttps://dspace.tul.cz/handle/15240/151423
dc.language.isoen
dc.publisherTechnická Univerzita v Libercics
dc.publisherTechnical university of Liberec, Czech Republicen
dc.publisher.abbreviationTUL
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dc.relation.ispartofEkonomie a Managementcs
dc.relation.ispartofEconomics and Managementen
dc.relation.isrefereedtrue
dc.rightsCC BY-NC
dc.subjectcorporate social responsibilityen
dc.subjectsustainable development goalsen
dc.subjectpolicies to promote CSRen
dc.subjectimpacts of CSRen
dc.subject.classificationM14
dc.subject.classificationQ56
dc.titlePolicies to promote Corporate social responsibility (CSR) and assessment of CSR impactsen
dc.typeArticleen
local.accessopen
local.citation.epage98
local.citation.spage82
local.facultyFaculty of Economics
local.filenameEM_1_2019_06
local.fulltextyes
local.relation.abbreviationE+Mcs
local.relation.abbreviationE&Men
local.relation.issue1
local.relation.volume22
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