Correlation between social responsibility actions and the main business indices of the country (original) (raw)

2012

Abstract

The aim of the research, carried out in Lithuania, was to evaluate corporate social responsibility (CSR) relations to business indices at the national level. The evaluation covers CSR mean values from year 2000, and it is sought to elucidate their impact on the main business indices on the national level. The research methodology covers statistical analysis, scientific literature, normative document analysis, other studies. A better condition of CSR was estimated in Lithuania. Here, CSR covers the analyzed factors. The corruption index is improving a bit; there are more organizations that have environmental protection, occupational safety and health, and social responsibility systems. There is strong correlation between the environmental management system certificates and export. It can be explained by the fart that the implementation of environmental standards is tied to the growth of GDP. By implementing such standards, an organization induces foreign partners to trust it. A weak ...

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