Page 51 - Rižnar, Igor, and Klemen Kavčič (ed.). 2017. Connecting Higher Education Institutions with Small and Medium-Sized Enterprises. Koper: University of Primorska Press
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3 Corporate Social Responsibility Disclosures
in the Republic of Slovenia
Danila Djokić
University of Primorska, Slovenia
danila.djokic@fm-kp.si
Socially responsible decision-making and the reporting of non-
financial information has become a central issue for the future
development of corporate governance in the e u This article ex-
plores the disclosure of corporate social responsibility (c s r) in-
formation by public companies in the Republic of Slovenia (r s)
to provide guidelines for the further development of the c s r in
Slovenia in accordance with the evaluated e u strategies. Pub-
licly accessible data has been scrutinised in annual and business
reports, as well as the articles of association and the other ap-
plicable internal acts of Slovenian public companies listed on
the Ljubljana Stock Exchange. The 22 companies were analysed
taking into the consideration their disclosure of the c s r princi-
ples. Research project r s 2015 indicates that the content of the
c s r information of public companies in r s have not yet been
properly developed. In the Republic of Slovenia, it is important
to follow the e u legal framework on c s r more diligently. The
companies concerned will need to disclose information on poli-
cies, risks and outcomes regarding environmental matters, social
and employee-related aspects, respect for human rights, anti-
corruption and bribery issues, and diversity in their board of
directors.
Ključne besede: corporate social responsibility, reporting of public
companies, non-financial information; corporate governance
Introduction
Corporate Social Responsibility (csr) requires engagement with inter-
nal and external stakeholders, as well as enabling companies to bet-
ter anticipate and take advantage of rapidly-changing societal expecta-
tions and operating conditions. It can therefore drive the development
of new markets and create opportunities for growth. c s r covers hu-
man rights, labour and employment practices. csr is extremely useful
in building an organisational identity because of its ability to enhance
49
in the Republic of Slovenia
Danila Djokić
University of Primorska, Slovenia
danila.djokic@fm-kp.si
Socially responsible decision-making and the reporting of non-
financial information has become a central issue for the future
development of corporate governance in the e u This article ex-
plores the disclosure of corporate social responsibility (c s r) in-
formation by public companies in the Republic of Slovenia (r s)
to provide guidelines for the further development of the c s r in
Slovenia in accordance with the evaluated e u strategies. Pub-
licly accessible data has been scrutinised in annual and business
reports, as well as the articles of association and the other ap-
plicable internal acts of Slovenian public companies listed on
the Ljubljana Stock Exchange. The 22 companies were analysed
taking into the consideration their disclosure of the c s r princi-
ples. Research project r s 2015 indicates that the content of the
c s r information of public companies in r s have not yet been
properly developed. In the Republic of Slovenia, it is important
to follow the e u legal framework on c s r more diligently. The
companies concerned will need to disclose information on poli-
cies, risks and outcomes regarding environmental matters, social
and employee-related aspects, respect for human rights, anti-
corruption and bribery issues, and diversity in their board of
directors.
Ključne besede: corporate social responsibility, reporting of public
companies, non-financial information; corporate governance
Introduction
Corporate Social Responsibility (csr) requires engagement with inter-
nal and external stakeholders, as well as enabling companies to bet-
ter anticipate and take advantage of rapidly-changing societal expecta-
tions and operating conditions. It can therefore drive the development
of new markets and create opportunities for growth. c s r covers hu-
man rights, labour and employment practices. csr is extremely useful
in building an organisational identity because of its ability to enhance
49
