Page 59 - Rižnar, Igor, and Klemen Kavčič (ed.). 2017. Connecting Higher Education Institutions with Small and Medium-Sized Enterprises. Koper: University of Primorska Press
P. 59
Corporate Social Responsibility Disclosures in the Republic of Slovenia
socially significant campaigns, contributing services, material and fi-
nancial resources for health, education, culture, sports and conserva-
tion of natural heritage. As partners of many programs, organisations
and associations from different areas of combining the business and so-
cial environments. In this way, we establish reciprocity, which allows us
to connect the needs of company, employees, users and the narrower
and wider environment. In this way, we create additional value for the
wider community. In the future, we will take care of all aspects of com-
prehensive sustainable responsibility with a balance of the three basic
indicators: economy, attitude towards other people (customers, users,
employees, business partners and other members) and relation to the
natural environment’ (Telekom Slovenia 2013).
The disclosure of corporate social responsibility of companies in
Slovenia is still in its beginnings. Other authors in Slovenia deter-
mine that the ‘apparent’ increase in socially responsible behaviour is
linked solely to the external reporting on corporate social responsi-
bility, communication with the public and the construction of a bet-
ter public image. Understanding the links between socially responsi-
ble decision-making and financial consequences is quite low (Slapničar
2004). The s e e cg a n Research (Djokić et al. 2014) confirms previous
findings with low s e e cg a n values. In fact, the average value of the
studied companies is 3.66. This result indicates that the content of the
csr information of the companies in the research sample has not yet
been properly developed so far. It is therefore necessary to follow the
e u legal framework on c s r more diligently to be able to achieve the
goals of ‘ecoefficiency’ and others that determine the notion of the csr.
Conclusion
The implementation of the csr policy by public companies is very im-
portant for the shareholders, stakeholders, investors and other inter-
ested participants. The principal business risks and opportunities aris-
ing from social and environmental issues and how these are taken into
account should be explained in the company strategy. Key information
on other specific issues regarding csr should also be explained in the
Company csr Strategy.
The transparency of Slovenian corporations is at a satisfactory level,
slightly worse is the disclosed corporate social responsibility. Corpo-
rations do not have a policy of transparency, do not have strategies,
have no procedures for the disclosure of market-sensitive information,
57
socially significant campaigns, contributing services, material and fi-
nancial resources for health, education, culture, sports and conserva-
tion of natural heritage. As partners of many programs, organisations
and associations from different areas of combining the business and so-
cial environments. In this way, we establish reciprocity, which allows us
to connect the needs of company, employees, users and the narrower
and wider environment. In this way, we create additional value for the
wider community. In the future, we will take care of all aspects of com-
prehensive sustainable responsibility with a balance of the three basic
indicators: economy, attitude towards other people (customers, users,
employees, business partners and other members) and relation to the
natural environment’ (Telekom Slovenia 2013).
The disclosure of corporate social responsibility of companies in
Slovenia is still in its beginnings. Other authors in Slovenia deter-
mine that the ‘apparent’ increase in socially responsible behaviour is
linked solely to the external reporting on corporate social responsi-
bility, communication with the public and the construction of a bet-
ter public image. Understanding the links between socially responsi-
ble decision-making and financial consequences is quite low (Slapničar
2004). The s e e cg a n Research (Djokić et al. 2014) confirms previous
findings with low s e e cg a n values. In fact, the average value of the
studied companies is 3.66. This result indicates that the content of the
csr information of the companies in the research sample has not yet
been properly developed so far. It is therefore necessary to follow the
e u legal framework on c s r more diligently to be able to achieve the
goals of ‘ecoefficiency’ and others that determine the notion of the csr.
Conclusion
The implementation of the csr policy by public companies is very im-
portant for the shareholders, stakeholders, investors and other inter-
ested participants. The principal business risks and opportunities aris-
ing from social and environmental issues and how these are taken into
account should be explained in the company strategy. Key information
on other specific issues regarding csr should also be explained in the
Company csr Strategy.
The transparency of Slovenian corporations is at a satisfactory level,
slightly worse is the disclosed corporate social responsibility. Corpo-
rations do not have a policy of transparency, do not have strategies,
have no procedures for the disclosure of market-sensitive information,
57
