The impact of corporate social responsibility on the environmental performance of large organizations in Serbia

Background: Modern business operations, which have resulted in a significant growth of major companies, both those operating within their national boundaries and multinational ones, have contributed to an increased exploitation of natural resources, environmental pollution, harmful gas emissions, dr...

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Main Authors: Aleksić Marko, Berber Nemanja, Strugar-Jelača Maja, Bjekić Radmila
Format: Article
Language:English
Published: University of Novi Sad - Faculty of Economics, Subotica 2024-01-01
Series:Strategic Management
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/1821-3448/2024/1821-34482404061A.pdf
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author Aleksić Marko
Berber Nemanja
Strugar-Jelača Maja
Bjekić Radmila
author_facet Aleksić Marko
Berber Nemanja
Strugar-Jelača Maja
Bjekić Radmila
author_sort Aleksić Marko
collection DOAJ
description Background: Modern business operations, which have resulted in a significant growth of major companies, both those operating within their national boundaries and multinational ones, have contributed to an increased exploitation of natural resources, environmental pollution, harmful gas emissions, drinking water scarcity, deforestation and many other negative consequences for the entire environment. This resulted in the emergence of the concept of CSR, first in large multinationals, which had sufficient funds to address this issue, and, in most cases, had contributed to environmental pollution. Purpose: The authors of this paper investigate whether there is a relation between the concept of Corporate Social Responsibility (CSR) and environmental performance in Serbia. Study design/methodology/approach: The research was conducted from November 2019 to August 2021 in large organisations on a sample of 165 companies. The author used Smart PLS software for data processing. Finding/conclusions: The research results show that the application of the concept of CSR influences significantly the environmental performance in large organisations in Serbia. Limitations/future research: The authors only investigated large companies, while the relationship between CSR and environmental performances in SMEs is a potential for future research.
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language English
publishDate 2024-01-01
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spelling doaj-art-bcb83f95f87242a79b20d31f6465141a2025-02-05T13:26:32ZengUniversity of Novi Sad - Faculty of Economics, SuboticaStrategic Management1821-34482334-61912024-01-01294616910.5937/StraMan2200021A1821-34482404061AThe impact of corporate social responsibility on the environmental performance of large organizations in SerbiaAleksić Marko0https://orcid.org/0000-0002-4488-4472Berber Nemanja1https://orcid.org/0000-0002-1433-6416Strugar-Jelača Maja2https://orcid.org/0000-0002-6707-5942Bjekić Radmila3https://orcid.org/0000-0002-7263-8025University of Novi Sad, Faculty of Economics in Subotica, Subotica, SerbiaUniversity of Novi Sad, Faculty of Economics in Subotica, Subotica, SerbiaUniversity of Novi Sad, Faculty of Economics in Subotica, Subotica, SerbiaUniversity of Novi Sad, Faculty of Economics in Subotica, Subotica, SerbiaBackground: Modern business operations, which have resulted in a significant growth of major companies, both those operating within their national boundaries and multinational ones, have contributed to an increased exploitation of natural resources, environmental pollution, harmful gas emissions, drinking water scarcity, deforestation and many other negative consequences for the entire environment. This resulted in the emergence of the concept of CSR, first in large multinationals, which had sufficient funds to address this issue, and, in most cases, had contributed to environmental pollution. Purpose: The authors of this paper investigate whether there is a relation between the concept of Corporate Social Responsibility (CSR) and environmental performance in Serbia. Study design/methodology/approach: The research was conducted from November 2019 to August 2021 in large organisations on a sample of 165 companies. The author used Smart PLS software for data processing. Finding/conclusions: The research results show that the application of the concept of CSR influences significantly the environmental performance in large organisations in Serbia. Limitations/future research: The authors only investigated large companies, while the relationship between CSR and environmental performances in SMEs is a potential for future research.https://scindeks-clanci.ceon.rs/data/pdf/1821-3448/2024/1821-34482404061A.pdfcorporate social responsibilityenvironmental performancelarge organizationspls-semserbia
spellingShingle Aleksić Marko
Berber Nemanja
Strugar-Jelača Maja
Bjekić Radmila
The impact of corporate social responsibility on the environmental performance of large organizations in Serbia
Strategic Management
corporate social responsibility
environmental performance
large organizations
pls-sem
serbia
title The impact of corporate social responsibility on the environmental performance of large organizations in Serbia
title_full The impact of corporate social responsibility on the environmental performance of large organizations in Serbia
title_fullStr The impact of corporate social responsibility on the environmental performance of large organizations in Serbia
title_full_unstemmed The impact of corporate social responsibility on the environmental performance of large organizations in Serbia
title_short The impact of corporate social responsibility on the environmental performance of large organizations in Serbia
title_sort impact of corporate social responsibility on the environmental performance of large organizations in serbia
topic corporate social responsibility
environmental performance
large organizations
pls-sem
serbia
url https://scindeks-clanci.ceon.rs/data/pdf/1821-3448/2024/1821-34482404061A.pdf
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