Article ID Journal Published Year Pages File Type
981714 Procedia Economics and Finance 2014 7 Pages PDF
Abstract

The transnational corporations and small and medium enterprises, as producers of goods and services, run different social responsibility programs and promote the principles of corporate social responsibility established by United Nations Global Compact; so, their activities are guide by following aspects: human rights, labour standards, the environment and the fight against corruption. The social responsibility is a dynamic concept that shapes the activity of actors from capital market: issuers like transnational corporations, different portfolio investors like investment funds, sovereign funds, stock exchanges and consulting firms. Through this article, the authors performed an analysis of the peculiarities of social responsibility promoted by capital market‘s actors that must achieve a balance between the desire to obtain profit from the activities carried out on the stock market and the need to promote the principles for responsible investment developed by the UN Global Compact.

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Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics