Corporate Social Responsibility in the Context of the Partnership Interaction Formation Between State, Business and Society
Journal Title: Journal of European Economy - Year 2016, Vol 15, Issue 2
Abstract
Strategic imperatives of the corporate social responsibility (CSR), in the TNC-section, of the state and society in the context of globalization and of reaching for the norms and rules, oriented at activation of their partnership interaction are defined. Motivation of the companies in the sphere of socially responsible business under condition of geo-economic challenges is distinguished. Issues of CSR formation in Ukraine are substantiated. The efficiency of CSR-practice implementation in the world dimension (a positive correlation between earning assets and social activity, ROI, improve competitiveness of the companies, modification of the competitive relations in the international markets, increasing of a valuable component and reputation of a company, management diversification in the sphere of partnership) is derived. Issues in CSR-sector that demand a further research are outlined.
Authors and Affiliations
Vitalii Kryvous
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