Emilija Gjorgjioska – University St. Kliment Ohridski – Bitola, Faculty of Economics in Prilep, Prilepski braniteli No. 143, zip code 7500, Prilep, Republic of North Macedonia
Violeta Gligorovski – University St. Kliment Ohridski – Bitola, Faculty of Economics in Prilep, Prilepski braniteli No. 143, zip code 7500, Prilep, Republic of North Macedonia
Snezhana Obednikovska – University St. Kliment Ohridski – Bitola, Faculty of Economics in Prilep, Prilepski braniteli No. 143, zip code 7500, Prilep, Republic of North Macedonia
Keywords:
CSR;
ESG reporting;
Corporate legal obligations;
Management reporting
Abstract: The purpose of this paper is to make a profound analysis of Corยญporate Social Responsibility on several aspects of the subject. In recent decยญades, corporate social responsibility has emerged as a challenge to large companies in their successful organizational performance. Corporate Soยญcial Responsibility should be immanent and implemented in companiesโ strategies. Raising awareness about many problems facing societies is preยญcisely the core of corporate responsibility. The authors will analyse the leยญgal framework that encourages social responsibility, and corporate obligaยญtions for issuing social responsibility reports in the Republic of North Maceยญdonia. The paper reaches a conclusion about the influence of the Corporate governance code for companies listed on the Macedonian Exchange (MSE) – adopted in 2021 and the ESG disclosure Guide for companies listed on the MSE about the corporate social responsibility level of awareness. Also, corยญporate responsibility will be emphasized as a marketing strategy of the comยญpanies, contributing to raising the brand to a higher respectable level. For this purpose, a methodology appropriate to the purpose and object of reยญsearch will be chosen, that is, the method of analysis, abstraction and genยญeralization, will provide general conclusions, as well as comparative analyยญsis, will be used. The conclusion will show which of the four corporate social responsibility approaches: obstructionist, defensive, adaptable, or proactive approach is preferred by the analysed companies.

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8th International Scientific Conference – EMAN 2024 – Economics and Management: How to Cope With Disrupted Times, Rome, Italy, March 21, 2024, CONFERENCE PROCEEDINGS, published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia; ISBN 978-86-80194-83-7, ISSN 2683-4510, DOI: https://doi.org/10.31410/EMAN.2024
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