The Corporate Social Responsibility on Capital Market

Author:

Panait Mirela1ORCID,Ionescu Razvan2,Radulescu Irina Gabriela3ORCID,Rjoub Husam4ORCID

Affiliation:

1. Petroleum-Gas University of Ploiesti, Romania & Institute of National Economy, Romanian Academy, Romania

2. Independent Researcher, Romania

3. Petroleum-Gas University of Ploiesti, Romania

4. Cyprus International University, Cyprus

Abstract

The challenges generated by climate change have led to a greater involvement of companies in promoting the principles of sustainable development, one of the tools used being social responsibility programs. International organizations have launched various initiatives or principles to support companies in this complex process of transition to the green economy. The authors focused their analysis on the involvement of stock exchanges in the process of promotion of corporate social responsibility. The objective of this chapter is to identify the main tools used by stock exchanges in order to model the behavior of listed companies. In particular, the activity of the Bucharest Stock Exchange was analyzed. Even if it is an emerging market, the efforts made by this stock exchange and the results obtained can be used as a benchmark by stock exchanges in the region.

Publisher

IGI Global

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