Corporate Social Responsibility is still perceived as a result of a globalized business environment and it is viewed as specific to multinational corporations. However, small firms should also get involved in socially responsible initiatives. The necessity for small companies to carry out CSR is a result of two factors: economic proliferation of SMEs and the fact that socially responsible activities … Continue reading
Analyzing the reports about business strategies in the Western European companies and North American companies, one can name some CSR-related intangible effects. These contribute in creating competitive advantages, hence switching to tangible effects (Carpenter, Bauer, & Erdogan, 2009). Improve company’s reputation and brand’s visibility. An organizational performance in the field of CSR can help building a good reputation for … Continue reading
As almost everyone knows it, Romanians did not give up protesting, they’re still on the streets. Social media channels are invaded each by slogans or pictures against the president. However there are also more… unexpected ways to show indignation. On a well-known Romanian jobs search website, BestJobs, a company called Romanian People (POPORUL ROMAN S.A.) has a surprising open … Continue reading
Here’s a Romanian protester that has a very interesting point of view. His placard says: “I WANT: Educated and noble people with common sense to be models for the society and for the Romanian children and youth!” His statement integrates the entire reasoning behind the protests in Romania. The picture (Photo credits: Victor Drâmbă) received more than … Continue reading
The protests that took place yesterday in Romania ended without any violent incidents and victims. It is still not known if the protesters will gather again this evening. The Bucharest municipality already cleaned almost any trace of the Sunday evening’s acts violence. Only the injured people still wear the marks of the riot. Also several stores’ … Continue reading
More than 9,700 people are protesting again for the sixth straight day in 60 Romanian cities. The demonstrators gathered in the center of Bucharest and in other 59 Romanian cities to demand the resignation of president Traian Basescu and his government. Although the former deputy health minister Raed Arafat accepted to take back the position from which he resigned a … Continue reading
(Inspired by a comment received on LinkedIn. Thank you, Samuel!) Yes, Romanians do have the right to protest. However, they do not have the right to vandalize stores, torch cars and throw stones to instigate the police officers to use force etc. Low pensions, low salaries and low everything have always been an issue here. … Continue reading
It’s already the fourth straight day of protests in Romania (protests were staged in many others cities of Romania, not only in Bucharest). What was meant to be a peaceful demonstration against the government became a violent riot, yesterday, in Bucharest. About 59 people, both protesters and police officers were injured during demonstrations. Five newsstands, … Continue reading
The local or foreign companies that operate in Romania receive little support or incentives from the state to develop and carry out CSR activities. According to the report “Review of Tax Incentives in the Context of CSR in Selected European Countries”, prepared by the consulting firm Accreo Taxand, Poland, in mid-2011, shows that Romania is among the European … Continue reading
The importance of the National Oil Companies (NOCs) has been ignored for a long time, so it was their social responsibility. Long time, their social responsibility was considered implicit due to their “national” component. However, the importance of NOCs in global economy and their “dimension” should not be disregarded. NOCs controlled 77% of the 1,148 billion barrels of world’s proved oil reserves, … Continue reading