Current challenges of social responsibility bestpractise infoodstuff production and distribution chain: focus on cee countries

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F21%3A43921025" target="_blank" >RIV/62156489:43110/21:43921025 - isvavai.cz</a>

Result on the web

<a href="https://doi.org/10.15544/mts.2021.40" target="_blank" >https://doi.org/10.15544/mts.2021.40</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.15544/mts.2021.40" target="_blank" >10.15544/mts.2021.40</a>

Result language

angličtina

Original language name

Current challenges of social responsibility bestpractise infoodstuff production and distribution chain: focus on cee countries

Original language description

Corporate social responsibility in the food production and distribution sector in Europe is currently mainly linked to the activities of food banks. Food banks in the current form provide their services free of charge, however, these activities are closely associated with support from public budgets and volunteering. Currently, there is a growing tendency to revise the current funding scheme and the overall provision of food banks activities,as well as the efficiency aspects of their operation. It is,therefore,necessaryto identify the essential aspects of the social responsibility framework, in particularfromthe side of participating entities as donors to food banks. The new situation calls for a revision of food banks operation schemes, including supportive voluntary intentions within the business environment. Specifically, the importance of the social responsibility of business entities can be seen in their inclusive assistance in the recentglobal COVID-19 crisis. This article aims attheidentificationof financial aspects behind voluntary donations to food banks,using the exploratory approach, namely via identification of major differences between voluntary donors and the respective industry benchmark in the field of financial criteria, focusing on Central and Eastern European countries (CEE). It was employed a methodological approach for testing independent observed samples to compareselected financial performance indicators mean values, using a two-sample T-test for equal and non-equal variances. Subsequently, a dynamic decomposition of observed financial performance indicators is conducted for a revision of the existence ofmutual correlations. Differently from the main areas of interest of identified previous research on food banks activities, our effort is focusing on business entities in the role of food banks stakeholders. Corporate micro-financial data of foodstuff donors in Central and Eastern European countries according to their accessible annual reports and lists of donors to foodbanks are employed. Authors thus point out, based on provided empirical evidence, a need for a more inclusive type of attitude to food banks operations fromthe foodstuff production and distribution chainand its participants.

Czech name

—

Czech description

—

Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

—

OECD FORD branch

60500 - Other Humanities and the Arts

Project

—

Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2021

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Management Theory and Studies for Rural Business and Infrastructure Development

ISSN

1822-6760

e-ISSN

—

Volume of the periodical

43

Issue of the periodical within the volume

4

Country of publishing house

LT - LITHUANIA

Number of pages

15

Pages from-to

442-456

UT code for WoS article

000752402300001

EID of the result in the Scopus database

—