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Macro and micro dimensions in Lithuania: are companies as socially responsible as they should be?
Date Issued |
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2014 |
What is more, it is believed that a third dimension should be added to the research – meta dimension, represented byNGOs and other civil society organizations. It would allow evaluating their impact on the promotion of CSR in the country. Finally, although it became obvious that both the government and the society expects that business entities would be socially responsible in one way or another, it is still unclear whether these parties would be willing to directly and (or) indirectly awardcompanies for acting in a socially responsible manner to encourage socially responsible behavior. Therefore, a research should be conducted in this area to assess these parties’ views towards promoting business entities to be socially responsible by actually demonstrating that CSR pays. Practical implications – The results of this research provides proof that companies in terms of CSR are directly and (or) indirectly restricted by government and society, meaning that the latter parties are more or less in charge of setting the level of social responsibility of business entities operating in certain countries. Originality/Value – The originality of this article is based on the fact that a different approach was taken which revealed that the level of CSR not only depends upon companies themselves, but two other parties – governing bodies of countries and societies – and their understanding of CSR.