AN EARLY EVIDENCE ON CSR REPORTING IN THE CONTEXT OF COVID-19

Abstract

This study has investigated whether companies listed on Bucharest Stock Exchange have been prepared for Covid-19 risk and what are the measures and initiatives taken by them in terms of sustainability. Using a sample of seven listed companies that meet the criteria required by the Directive EU/95/2014 for disclosing non-financial information, the present paper has found that companies have mostly not been prepared for such a risk, but they immediately responded and have taken measures in order to protect their employees. In terms of social initiatives, only one company in the sample disclosed such information which is most related to supporting medical institution to combat and treat Covid-19.

Keywords

• csr reporting;
• covid 19
• social initiatives;