Management Theory and Studies for Rural Business and Infrastructure Development, Volume 35, Number 3

Corporate social responsibility constituents fragmentary use in Lithuania

Monika Potašinskaitė, Alvyda Draugelytė

Abstract

Corporate social responsibility (hereafter – CSR) is perceived as a practice, when enterprises voluntarily incorporate the principles of responsible business, social partnership and environmental responsibility into internal and external relations. The relevance of the topic is characterized by the CSR definitions’ abundance which reflects the uncertainty of the term. It stimulates business entities’ and society’s skepticism in regard to CSR and its‘ constituents fragmentary use are determined due to the expensiveness of implementation of CSR. The problem is that business entities do not recognize CSR’s benefits therefore enterprises do not tend to change the governance practice by investing into integrated implementation of CSR. The aim is to deliver how CSR’s constituents assert in the environment of Lithuania enterprises. The analysis of CSR literature and the statistical data of Lithuanian enterprises, which belong to the Lithuanian National Network of Responsible Business as well as United Nations Global Agreement, were made. CSR constituents‘ use in Lithuania delivered.

JEL codes: D640, L100, M100, M140.

Keyword(s): corporate social responsibility, business ethics, responsible business


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Management Theory and Studies for Rural Business and Infrastructure Development eISSN 2345-0355

This journal is published under the terms of the Creative Commons Attribution-Noncommercial 3.0 Unported License. Responsible editor: Dr Audrius Gargasas.