Social Responsibility and its Importance to the Performance Management of Business Companies: Actual Situation in the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F15%3APU113868" target="_blank" >RIV/00216305:26510/15:PU113868 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Social Responsibility and its Importance to the Performance Management of Business Companies: Actual Situation in the Czech Republic
Original language description
The aim of this article is to provide a framework of standards of social responsibility in the Czech Republic and mention its importance to the business management. Paper offers a literature review supplemented by the author´s empiric research into the social performance. Currently the „firm's survival“ depends not only on financial competitiveness, it is equally important that the organization could demonstrate their position in relation to the various interested parties (stakeholders), which are affected by the activities of the enterprise. Based the empirical research, there is no relationship between established standard of social responsibility and profitability of company. Despite the fact of absence of this relationship, it is possible to conclude that the social responsibility in various areas is associated with many benefits for the enterprise itself. That can be a significant competitive advantage in today’s rapidly changing environment.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
<a href="/en/project/GA14-23079S" target="_blank" >GA14-23079S: Measuring Corporate Sustainability in Selected Sectors</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Proceedings of the 7th International Scientific Conference Finance and Performance of Firms in Science, Education and Practice
ISBN
978-80-7454-482-8
ISSN
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e-ISSN
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Number of pages
14
Pages from-to
413-430
Publisher name
Neuveden
Place of publication
Zlín
Event location
Zlín
Event date
Apr 23, 2015
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000374107300032