Risk Management and Sustainable Development of Telecommunications Companies

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Nowadays, corporate success depends on the ability to integrate social and environmental concerns into business operations and strategies. Transparency is also fundamental to an effective interaction with a variety of stakeholders, especially for companies operating in global markets. The Internet can significantly contribute to the widespread dissemination of complete and timely information on a company's activities and performance. Combining theoretical and empirical research, this article focuses on web-based integrated CSR reporting and presents an empirical investigation whose results emphasise the necessity to improve online communication on sustainability matters, including in CSR-oriented companies.

Section: Environmental Issuesmentioning

confidence: 95%

Web-Based Integrated CSR Reporting: An Empirical Analysis

Bosetti¹

2018

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“…Interestingly, if corporate community investment adopts a strategic approach, it may even serve as a risk management mechanism (Gandini et al, 2014). On the one hand, it may help the company seize the opportunities of sustainable growth associated to a better integration of social and environmental issues into its goals.…”

Section: Emerging Issuesmentioning

confidence: 99%

Corporate Community Investment: A Strategic Approach

Bosetti¹

2019

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Companies have a broad responsibility towards all their stakeholders, including society at large. In particular, companies are expected to play a significant role in the socio-economic development of the communities where they operate. Many firms support the activity of non-profit and public organisations providing them with financial resources, in-kind donations and staff time. What in the past was simply considered as a philanthropic practice, today is planned, managed and monitored as a significant investment able to produce long-term benefits for both the community and the company. In this regard, corporate community investment requires a strategic approach to improve the relationship between company and society, enhance people’s well-being and create new business opportunities.

“…Responsible governance is reflected in the board of directors commitment to making the company a key player in the development of local, national and global communities in which it operates: for example, companies not only provide products and services, but also create job opportunities for citizens (Porter & Kramer, 2011). A successful business approach calls for the ability to reconcile durable economic growth with better quality of life, social inclusion, equality and respect for the environment in the interests of present and future generations (Salvioni, 2003;United Nations, 2013;Salvioni, 2016;Brondoni & Franzoni, 2016), also minimising risks (Salvioni & Astori, 2013;Gandini et al, 2014).…”

Section: the European Commission Has Also Chaired And Facilitatmentioning

confidence: 99%

Ouverture de ‘Integrated CSR Management’

Brondoni¹,

Bosetti²

2018

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Globalisation has drastically changed the competitive dynamics worldwide. Companies have continuously expanded their size, also through merger agreements. However, companies should maintain a positive interaction with all their stakeholders, which is favoured by the integration of financial, social and environmental concerns in business strategies and operations. Transparency on corporate social responsibility (CSR) plays a key role in a company's long-term success.