Components of corporate social responsibility

Authors

  • О.S. Tankovsky National Technical University «Kharkiv Polytechnic Institute»

Keywords:

management, responsibility, social responsibility, corporate social responsibility, components

Abstract

Theoretical and methodological aspects of corporate social responsibility management were explored. Based on the study of domestic and foreign experience, the following definition of CSR is proposed: "adherence to the chosen and accepted by the owners, management and ordinary staff of the organization direction of meeting the expectations of the social environment, which positively influences the relationship of the organization with the environment and improves the results of the activity as a whole". The following definition specifies the following aspects of CSR:CSR should be understood and supported by the main actors in corporate relations: owners, managers, and ordinary staff, as the organization is primarily responsible to them and designed to meet their expectations; the direction of CSR should be desirable for the social environment, respond to current problems, not distract from them and not switch attention to the solution of minor issues; CSR implementation improves relationships, that is, as a result of implementing measures or following certain norms, the relationship of the organization with staff, consumers, suppliers, public authorities, public organizations and society as a whole is improved. In the course of the research the following most significant results were obtained: further development - systematization of the main characteristics of corporate social responsibility of the enterprise, which, unlike the existing approaches, fully contains the components of corporate social responsibility.

Published

2020-02-01

How to Cite

Танковський, О. (2020). Components of corporate social responsibility. E-Conomics, (1(3). Retrieved from http://e-conomics.hpi.kh.ua/index.php/journal/article/view/61

Issue

Section

1(3) 2019