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CSR (Corporate Social Responsibility) provides many benefits to companies, perhaps most importantly that as a result of its influence, civil organizations, the media and other stakeholders will be less likely to attack the company; it can therefore be understood as a form of risk management. CSR in fact reduces the risk of tightening regularly the rules; working with government can bring benefits to the company itself or to business life in general. In addition, trusting relationships reduce transaction costs, whe...

The spread of the Covid-19 pandemic introduced restrictions that challenged companies to restr cture to stay in business. The company managers’ ability to initiate changes in work organization is crucial to ensure the companies’ existence and successful business continuity. The research aims to study the development trends and problems of work organization in Covid-19 conditions. To achieve the aim the legal framework for work organization was studied, changes in work organization in the Baltic States and the ...

Artificial intelligence and its use is an integral part of modern business development, that makes it possible for companies to operate successfully in a competitive environment. This study identifies factors that influence consumer satisfaction with the u become more competitive. The study uses both secondary data analysis and expert interviews, chat bot user mapping and a survey. Within the framework of the research, the situation in the field of using chatbots in Latvia and in the world is described. The study ...

While CSR reporting in Romania is quite recent and came as an obligation recommended by the European regulators, the focus on defining a set of standards in the field of financial investments, shaped by strong social and corporate responsibility, is an organic development within the companies listed on the Bucharest Stock Exchange. In order to assess the financial impact of CSR programs implemented by listed companies in Romania during the 2018-2020 time frame, we shall analyze data for 25 listed companies on the ...

The present paper discusses Environmental Performance Enhancement Programmes (EPEPs). EPEPs are mandatory for installations with negative environmental impact, which are enlisted as sites for the implementation of Best Available Techniques (BATs) but do n

The main benefits of Industry 4.0 for more efficient use of resources are the reduction of energy and raw material consumption of production, increased productivity in production, optimization of logistics routes and technological solutions for decentralized production systems. The basic and necessary condition for the implementation of intelligent production systems and services is digitalization. If we focus on sustainable development, then we are talking about sustainable production. Sustainable production desc...

Background: Being effective is very important for any organisation. With a given number of inputs, more efficient companies can create more outputs than less efficient ones leading to better use of resources. Improving efficiency increases firm competitiveness. This paper focuses on the link between the firm’s economic efficiency and firm size. Only a few studies are examining this relationship, and the authors of this article revealed no study investigating this link on data of the Czech companies. Methods: Dat...