Drivers for Corporate Social Responsibility: Analysis of Romanian Companies

The last decade has witnessed an expansion of academic studies on corporate social responsibility (CSR), which includes countries other than the US and Western European countries (e.g., Poland). Our study enriches the CSR literature by exploring the drivers of CSR activities in Romania, an East–Central European country that remains under–researched in international literature. Questionnaires were used to examine perceptions and activities of CSR in micro, small, medium, and large companies in Romania. Binary regression analysis was conducted on data from 140 companies, using company size and economic sector affiliation as control variables. Our findings reveal a noteworthy rise in a firm’s likelihood to engage in CSR activities when ethics and community embeddedness hold significance to the firm. The results underscore the importance of conducting comparative research between Western and Eastern European countries, as it offers valuable insights into the diverse CSR practices within different contexts.