Corporate Social Responsibility as Business Strategy for Macedonian Companies

Gjorgjioska, Emilija and Gligorovski, Violeta and Obednikovska, Snezana (2025) Corporate Social Responsibility as Business Strategy for Macedonian Companies. International Scientific Conference – EMAN 2024: Vol 8. Conference Proceedings (326). pp. 241-250. ISSN ISBN 1409-6781

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Abstract

Abstract: The purpose of this paper is to make a profound analysis of Cor­porate Social Responsibility on several aspects of the subject. In recent dec­ades, corporate social responsibility has emerged as a challenge to large companies in their successful organizational performance. Corporate So­cial Responsibility should be immanent and implemented in companies’ strategies. Raising awareness about many problems facing societies is pre­cisely the core of corporate responsibility. The authors will analyse the le­gal framework that encourages social responsibility, and corporate obliga­tions for issuing social responsibility reports in the Republic of North Mace­donia. The paper reaches a conclusion about the influence of the Corporate governance code for companies listed on the Macedonian Exchange (MSE) – adopted in 2021 and the ESG disclosure Guide for companies listed on the MSE about the corporate social responsibility level of awareness. Also, cor­porate responsibility will be emphasized as a marketing strategy of the com­panies, contributing to raising the brand to a higher respectable level. For this purpose, a methodology appropriate to the purpose and object of re­search will be chosen, that is, the method of analysis, abstraction and gen­eralization, will provide general conclusions, as well as comparative analy­sis, will be used. The conclusion will show which of the four corporate social responsibility approaches: obstructionist, defensive, adaptable, or proactive approach is preferred by the analysed companies.

Item Type: Article
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Scientific Fields (Frascati) > Social Sciences > Law
Divisions: Faculty of Economics
Depositing User: Mr Dimitar Risteski
Date Deposited: 17 Feb 2025 12:40
Last Modified: 17 Feb 2025 12:40
URI: https://eprints.uklo.edu.mk/id/eprint/10643

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