| Abstract [eng] |
This master's thesis analyses different currently existing soft law acts and the legal instruments created in them, as well as their practical implementation, identifies existing problems, discusses possible options for improving criticized processes and / or legal regulation in the field of company law. In addition, the initial stage of the analysis consists of a brief discussion of the concept of soft law – non-binding legislation that pursues a specific positive objective in the form of recommendations, guidelines, or other needed change in existing legal reality. Considering the most topical issues of company law at the global and European Union level, it was decided to focus the analysis of the master's thesis on two main sub-themes – corporate social responsibility and the concept of sustainable development. It should be noted that corporate social responsibility is a concept according to which companies integrate human rights, labour rights, environmental and anti-corruption issues into their daily activities and interaction with stakeholders on a voluntary basis. The master's thesis analyses the cases of three Lithuanian companies regarding the implementation of the principles that form the basis of corporate social responsibility, during which the actual advantages and disadvantages of business activities in this field are determined. Meanwhile, the sustainable development of companies includes the basic concept that the company's activities must aim to meet the economic, social, and environmental needs of society with different time limits – and especially long-term ones – without endangering future generations. The paper assumes that the goals of sustainable development are not properly implemented in the current activities of companies, therefore, suggestions for possible changes are made. |
