Corporate Social Responsibility in Bulgaria: Perspectives and Possibilities

Kopeva, Diana; Sterev, Nikolay; Blagoev, Dimitar

doi:10.1007/978-981-32-9588-9_8

Cited by 1 publication

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“…On the European level, the European Commission released a new commitment on CSR strategy in 2011 with the intention of fostering medium-and long-term conditions that will lead to sustainable growth and the creation of jobs. Within the CSR strategy the European Commission treats that EU goals of sustainable development and a fiercely competitive social market economy could be considerably advanced by businesses through CSR strategy and could be controlled via CSR reporting (Kopeva, Sterev and Blagoev, 2019). As corporate non-financial reporting is defined as a key element of the corporate social responsibility reporting, the European Commission has accepted Directive 2014/95/EU mandatory for non-financial reporting of large companies as well as launch a standard of CSR reporting in 2022 with Directive (EU) 2022/2464 (Bozhinova and Nikolov, 2021;Nikolov, 2016).…”

Section: State Of Artmentioning

confidence: 99%

Reputation Risk and Corporate Social Responsibility in High-tech Companies and Their Relation to Monopolistic Patent Rights: Literature Preview

Sterev¹,

Biolcheva²,

Molhova-Vladova³

2023

Preprint

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Without doubt, the social and environmental business impact will become more important as the governments cannot take care about these problems. Thus, launching the EU Green deal rules, World Global Sustainable Development Goals, corporate social responsibility (CSR) activities and strategies are part of this global commitment. Additionally, CSR is strongly connected to the exploration of (social) market awareness and technology development and application as it focusses on social, environmental and economic business impact. The main goal of the paper is to verify that contemporary greener CSR strategies are beneficiary activity for high-tech companies because of better competitive advantages acquisition through management of corporate reputation risk and patenting innovative technologies. The structure of the paper is the next: 1. Introduction – explanation the previous researches that explore the relation: CSR strategy – high-tech company competitiveness; 2. State of art – exploring the corporate reputation and patent rights as factors in CSR strategy; 3. Patent monopoly and CSR – research the connection between reputation risks of patents rights and CSR strategy; 4. Business performance and CSR reporting – briefly research methodology is presented as some results from Bulgarian companies; 5. Discussion and conclusions – summarizing a methodology for patent rights and reputation risk management for better CSR effects.

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Section: State Of Artmentioning

confidence: 99%