CORPORATE SOCIAL RESPONSIBILITY AND SUSTAINABLE DEVELOPMENT – INTERNATIONAL LEGAL FRAMEWORK FOR GOALS ACHIEVEMENT AND SOME THEORETICAL INSIGHTS
Achieving a sustainable development should be one of the top priorities for the whole society. However, achieving a sustainable development is a complex function of different economic, social, institutional, political and historical factors. By implementing the corporate social responsibility, comp...
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Format: | Article |
Language: | English |
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University Business Academy in Novi Sad Faculty of Law for Commerce and Judiciary
2023-03-01
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Series: | Pravo |
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Online Access: | http://casopis.pravni-fakultet.edu.rs/index.php/ltp/article/view/717 |
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author | Marijana Dukić Mijatović S. Ozren N. Uzelac Aleksandra V. Stoiljković |
author_facet | Marijana Dukić Mijatović S. Ozren N. Uzelac Aleksandra V. Stoiljković |
author_sort | Marijana Dukić Mijatović S. |
collection | DOAJ |
description |
Achieving a sustainable development should be one of the top priorities for the whole society. However, achieving a sustainable development is a complex function of different economic, social, institutional, political and historical factors. By implementing the corporate social responsibility, companies contribute to a sustainable development of the entire social system. According to the fact that it is not entirely clear at the micro level what corporate social responsibility involves, and that most of the company-level social activities are voluntarily initiated, it is necessary the institutional bodies encourage socially desirable forms of corporate behavior and implement the legal framework to business obligations to elicit responsible business procedures. Though responsible corporate business is highly desirable, companies have to consider the fact that the corporate interests and corporate social responsibility will always be constrained by the profit-maximizing prerequisites and general economic circumstances.
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first_indexed | 2024-04-09T17:07:38Z |
format | Article |
id | doaj.art-6346171a5b124dce89ba3926f3bba1e9 |
institution | Directory Open Access Journal |
issn | 0352-3713 2683-5711 |
language | English |
last_indexed | 2024-04-09T17:07:38Z |
publishDate | 2023-03-01 |
publisher | University Business Academy in Novi Sad Faculty of Law for Commerce and Judiciary |
record_format | Article |
series | Pravo |
spelling | doaj.art-6346171a5b124dce89ba3926f3bba1e92023-04-20T10:54:10ZengUniversity Business Academy in Novi Sad Faculty of Law for Commerce and JudiciaryPravo0352-37132683-57112023-03-0140110.5937/ptp2300001DCORPORATE SOCIAL RESPONSIBILITY AND SUSTAINABLE DEVELOPMENT – INTERNATIONAL LEGAL FRAMEWORK FOR GOALS ACHIEVEMENT AND SOME THEORETICAL INSIGHTSMarijana Dukić Mijatović S. 0Ozren N. Uzelac 1Aleksandra V. Stoiljković 2University of Novi Sad, The Faculty of Technical Sciences, Novi Sad, SerbiaUniversity of Novi Sad, The Faculty of Economics in Subotica, Subotica, SerbiaUniversity of Novi Sad, Faculty of Economics in Subotica, Subotica, Serbia Achieving a sustainable development should be one of the top priorities for the whole society. However, achieving a sustainable development is a complex function of different economic, social, institutional, political and historical factors. By implementing the corporate social responsibility, companies contribute to a sustainable development of the entire social system. According to the fact that it is not entirely clear at the micro level what corporate social responsibility involves, and that most of the company-level social activities are voluntarily initiated, it is necessary the institutional bodies encourage socially desirable forms of corporate behavior and implement the legal framework to business obligations to elicit responsible business procedures. Though responsible corporate business is highly desirable, companies have to consider the fact that the corporate interests and corporate social responsibility will always be constrained by the profit-maximizing prerequisites and general economic circumstances. http://casopis.pravni-fakultet.edu.rs/index.php/ltp/article/view/717corporate social responsibilitysustainable developmentbusiness proceduresprofit-maximizing orientationlegal framework |
spellingShingle | Marijana Dukić Mijatović S. Ozren N. Uzelac Aleksandra V. Stoiljković CORPORATE SOCIAL RESPONSIBILITY AND SUSTAINABLE DEVELOPMENT – INTERNATIONAL LEGAL FRAMEWORK FOR GOALS ACHIEVEMENT AND SOME THEORETICAL INSIGHTS Pravo corporate social responsibility sustainable development business procedures profit-maximizing orientation legal framework |
title | CORPORATE SOCIAL RESPONSIBILITY AND SUSTAINABLE DEVELOPMENT – INTERNATIONAL LEGAL FRAMEWORK FOR GOALS ACHIEVEMENT AND SOME THEORETICAL INSIGHTS |
title_full | CORPORATE SOCIAL RESPONSIBILITY AND SUSTAINABLE DEVELOPMENT – INTERNATIONAL LEGAL FRAMEWORK FOR GOALS ACHIEVEMENT AND SOME THEORETICAL INSIGHTS |
title_fullStr | CORPORATE SOCIAL RESPONSIBILITY AND SUSTAINABLE DEVELOPMENT – INTERNATIONAL LEGAL FRAMEWORK FOR GOALS ACHIEVEMENT AND SOME THEORETICAL INSIGHTS |
title_full_unstemmed | CORPORATE SOCIAL RESPONSIBILITY AND SUSTAINABLE DEVELOPMENT – INTERNATIONAL LEGAL FRAMEWORK FOR GOALS ACHIEVEMENT AND SOME THEORETICAL INSIGHTS |
title_short | CORPORATE SOCIAL RESPONSIBILITY AND SUSTAINABLE DEVELOPMENT – INTERNATIONAL LEGAL FRAMEWORK FOR GOALS ACHIEVEMENT AND SOME THEORETICAL INSIGHTS |
title_sort | corporate social responsibility and sustainable development international legal framework for goals achievement and some theoretical insights |
topic | corporate social responsibility sustainable development business procedures profit-maximizing orientation legal framework |
url | http://casopis.pravni-fakultet.edu.rs/index.php/ltp/article/view/717 |
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