An investigation of the relationship between CSR strategies and public affairs in Hungary - Essay Example

Comments (0) Cite this document
It shall seek to understand how CSR is viewed by the company in relation to its public affairs and in the accomplishment of Hungary’s political, economic, and…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.3% of users find it useful
An investigation of the relationship between CSR strategies and public affairs in Hungary
Read TextPreview

Extract of sample "An investigation of the relationship between CSR strategies and public affairs in Hungary"

Download file to see previous pages International guidelines, corporate best practices and a large volume of professional literature have together created the system which today is referred to as CSR.
The relationship between CSR and public affairs (PA) has not been sufficiently studied (Nelson, 2008). This seems to be attributed to the fact that the world is coping with a number of complex global and local problems like poverty, population increase, the lack of drinking water, etc. and overcoming these problem poses an increasing challenge for nation states. The sustainability of the economic, social and natural environment is indispensable for the long-term, value creating operation of businesses (Nelson, 2008). As a result of these phenomena and processes, the interests and responsibilities of the state meet the interests related to the sustainable operation of businesses.
According to Kargaci-Kovats (2012), CSR is still considered a novelty in Hungary. While, CSR was already a known concept in the country, its popularity gained momentum following the Hungarian Business Leaders Forum in 1990 when the forum made CSR one of their topics or agenda for discussion (Lakatos, 2013). The value of public affairs in CSR relates to the decree passed in 2006 in Hungary with the Promotion of Employers’ Social Responsibility alongside the creation of the National Council of Sustainable Development as supported by the Parliament, its delegates and business as well as science, civic, abd religious representatives. Through the council, various functions were considered. The first function refers to its role in informing the Government about sustainability risks in different proposed legislation and second, the council also takes part in supposting the national sustainability strategies (Lakatos, 2013). Even with political support and sufficient business engagement, there is still insufficient elaboration and clarity for Hungarian organizations on what CSR actually covers (Lakatos, ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“An investigation of the relationship between CSR strategies and public Essay”, n.d.)
Retrieved from
(An Investigation of the Relationship Between CSR Strategies and Public Essay)
“An Investigation of the Relationship Between CSR Strategies and Public Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF An investigation of the relationship between CSR strategies and public affairs in Hungary

Relationship between two currenies

...?Running Head: Relationship between currencies Relationship between Currencies [Institute’s Relationship between Currencies As economists express the value of a commodity in terms of money or its price, in a similar way, they describe the relationship between currencies in terms of foreign exchange rate. Hence, the term foreign exchange rate refers to ‘price of one currency expressed in terms of other country’s currency’ (Mano, 2010). For instance, the exchange rate between dollar and euro is 0.734 euro /dollar, which means a person can buy 0.734 Euros for every dollar. A country can...
4 Pages(1000 words)Essay

Investigation of the relationship between gender and grades the students while they are in class. In addition, they also had to provide evidence to show how students of different gender performed in various subjects. After all the details were gathered through questionnaires, interviews and literature review, simple correlations and multiple regression analysis were conducted. The main purpose of this was to determine the actual relationship between the student’s attitude, their teachers and their performance. In addition from the study the researchers were also able to determine the correlation between the happenings in a classroom, gender issues and the nature of the classroom to the performance of the students. The Aim of the Study As...
5 Pages(1250 words)Essay


...://> Mohr, L 2001, ‘Do customers expect companies to be socially responsible: the impact of corporate social responsibility on buying behavior’, Journal of Consumer Affair, vol. 2, no. 3, pp.1-45. Sony Corporation 2013, CSR / Environment, viewed 25 November 2013, csr/?j-short=csr> Sony Corporation of America 2013, Corporate Social Responsibility, viewed 25 November 2013, ... ? CORPORATE SOCIAL RESPONSIBILITY here] of [Due paper Industry Chosen Corporate social responsibility (CSR) refers to a company’s obligations towards society. Any company or organization from any industry needs to show social responsiveness by setting some goals beneficial for both the society and...
4 Pages(1000 words)Essay

CSR take interest in the business strategies of Walmart. Environmental Reporting One of the main components of the corporate responsibility report is the environmental reporting. This report describes the systematic and complete disclosure of the company’s environmental performance to the general public. It includes the impact of the organisation on the environment, and its actions which reduces the adverse effects on the environment and thus restores the environmental conditions. TESCO has used this Environmental reporting of CSR to its fullest. According to its CSR report 2013, they have reduced their carbon footprint so that they don’t emit much CO2 in the atmosphere....
6 Pages(1500 words)Essay

Marketing - Public Relationship

...Marketing – Public Relationship In this day and age, it is of paramount importance to know that global retailers have been playing all forms of dirty tricks and employing tactics which are unbecoming of their relevant stature. They have joined in the global capitalism bandwagon and thus have brought in a great amount of disharmony amongst the related ranks. The element of fair trade and corporate social responsibility has been shattered beyond belief. What has happened in the present times has been very difficult to envisage as the affects are magnanimous and the consequence gigantic. Therefore it is a good exercise to understand that the world of global retailers is on the move, and not exactly for all...
9 Pages(2250 words)Assignment

Relationship Strategies

...Marketing Introduction The success of Apple Inc. and all its products including the infamous Apple Computer can be largely attributed to its various marketing strategies that have proved to be effective and hence brought about success and the increase in profit and fame of the company even after the death of its CEO, Steve Jobs (Schneiders, 4). Relationship Strategies This strategy in any company is aimed at building and enhancing customer-company relationship whose end is customer satisfaction and customer retention. In Apple, this has been ensured through having Apple stores all over which deals with only Apple products and hence the sales people are...
1 Pages(250 words)Essay

Relationship between the Public Relations and Marketing functions

...become aware on the existence of the commodity that satisfies their needs in the market, they will eventually purchase it. This will lead to increase in the organization sales thus allowing it to increase its profit. Public relations enhance a healthy relationship between public and the organization in general. It aims at creating long term relationship between the external parties, who have an interest on the organization operation like consumers, suppliers, retailers and dealers (, 2007). This good relationship that results from public relations roles act as the foundation of marketing...
6 Pages(1500 words)Essay

What is the relationship between public administration and democratic governance

...Relationship between Public Administration and Democratic Governance Defining Public Administration There are a number of factors that typify public organizations and as such make it possible to define the kind of leadership practiced at public organizations. These include the fact that public organizations pursue multiple goals concurrently, employees have job security, and there is higher leadership turnover in the public sector. Moreover, the reward system in the public sector focuses more on seniority, public organizations have to comply with civil service rules,...
8 Pages(2000 words)Essay

Public Affairs and relgious beliefs

...Public Affairs and Religious Beliefs Religion is a contentious issue in any society and has to be treated with utmost careto ensure you do not elicit unwanted emotions since if one tries to come up with opinions or policies that seems to undermine a certain religious belief probably he/she will face resistance from the group that advocated for that particular religion (Apostolidis & Juliet, 2004). Globally there are a number of religious affiliations that people identify themselves with, however, the most common religions in the world include, Islam, Christianity, Hindu and Buddhism,, however, there are a number of other smaller religions that are formed as a result of differences of beliefs concerning...
6 Pages(1500 words)Research Paper

CSR is just public relations

...of products based on the requirements. Distributors can also help an organization by educating them about the feedbacks acquired from the market about a product. Therefore, distributors must be treated fairly and they must be motivated by paying them efficiently. This CSR strategy is very important because it determines the sustainability of an organization (Morris, 2008, p.98). Comparison between CSR and PR Almost every organization in the world has a public relations department that helps to outsource their PR needs to a company. PR strategists work with top executives in an organization in order to expertise an overview of the company’s reputation....
8 Pages(2000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic An investigation of the relationship between CSR strategies and public affairs in Hungary for FREE!

Contact Us