Sustainability Management In Czech And Slovak Companies

DIGITALIZED ECONOMY, SOCIETY AND INFORMATION MANAGEMENT (IDIMT-2020)(2020)

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Abstract
The aim of this paper is to contribute to the knowledge about the status quo of sustainability management in for-profit companies domiciled in the Czech Republic and Slovak Republic. The data were gathered via questionnaire survey and statistically compared between both countries. The results suggest that the approach to sustainability management of respondents from both countries is rather similar than different and there are numerous common patterns. Regarding sustainability reporting, IFRS adopters report more sustainability information than non-adopters in annual reports. Companies, which include sustainability into their strategy and implement sustainability related plans and programs, structure and systems and measure their environmental and social performance, also disclose more sustainability-related information.
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Key words
Sustainability, strategy, corporate social responsibility, corporate environmental responsibility, sustainability reporting
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