Analysis of Congruency Effects of Corporate Responsibility Code Implementation on Corporate Sustainability in Bio-Economy
Author(s) -
Nicoleta Cristache,
Marian Nãstase,
Radu Petrariu,
Margareta Stela Florescu
Publication year - 2019
Publication title -
amfiteatru economic
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.335
H-Index - 20
eISSN - 2247-9104
pISSN - 1582-9146
DOI - 10.24818/ea/2019/52/536
Subject(s) - corporate social responsibility , corporate sustainability , business , sustainability , accounting , position (finance) , sustainability reporting , code (set theory) , code of conduct , strategic management , process (computing) , social responsibility , marketing , industrial organization , public relations , finance , computer science , ecology , set (abstract data type) , political science , biology , programming language , law , operating system
The present study attempts at providing an overview of the congruency effect of social reporting on corporate sustainability in bio-economy. The paper was structured to identify the main congruency forces that can constitute both the strategic and operational dimensions linked to the implementation of a corporate responsibility code within companies from the bio-economy sector. Research has shown that the congruency effect is stronger when companies report a greater tendency towards social reporting and pay more attention to the relationships with stakeholders. Moreover, the results of the study aimed to shed a new light on the role of a company’s social identity both in its internal process and in consolidating its position in the market by using CSR reporting elements.
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