Наукові публікації університету

Accumulation of social capital as a positive externality of corporate social responsibility development in transition economies

Purpose. Justification of a hypothesis about positive externality of involvement of companies in projects of corpo-rate social responsibility that is connected with development of the relations of trust and accumulation of the social capital at the level of separate enterprises and national economy in general. An important aspect of the research is determination of impact of social responsibility of business on accumulation of social capital in post-Soviet states and development of practical recommendations concerning improvement of state regulation of this field of activity.
Methodology. The research is based on general scientific methods (scientific abstraction, analysis, synthesis, and comparative analysis) and methods of statistical data analysis. Results of correlation analysis demonstrate close inter-relation between development of corporate social responsibility and level of accumulation of social capital in devel-oped countries and transitive economies. The comparative analysis of practice of implementation and development of corporate social responsibility in selected countries using data of World Bank, The Legatum Institute Foundation, UN Global Compact and Transparency International has identified peculiarities and obstacles in a way of develop-ment of these processes in post-Soviet states.
Findings. The problem of accumulation of the social capital as positive externality of implementation of practice of corporate social responsibility in market economy is investigated. Major internal and external factors that generate such externality at the level of separate enterprises, and national economy in general are defined. The interrelation between the number of socially responsible companies and the level of development of the social capital in developed countries and transitive economies is analyzed. Core factors which interfere with expansion of the model of social responsibility of business in the countries with transitive economy are discovered. Practical recommendations con-cerning forms of the state support of corporate social responsibility in post-Soviet states are formulated.
Originality. The hypothesis concerning accumulation of the social capital as positive externality of development of corporate social responsibility in transitive economies is confirmed. Core factors which interfere with development of socially responsible business and have negative impact on accumulation of social capital in post-Soviet states are defined.
Practical value. The authors proved that effective reforms in post-Soviet states require active measures of state directed to implementation and development of corporate social liability by support and encouragement of business to socially important problems. Practical recommendations concerning accumulation of the social capital in transi-tive economies are proved, including improvement of legal regulations, providing fiscal privileges or direct state sup-port to socially responsible business, increasing awareness and exactingness of citizens and public organizations to “openness” and “transparency” of business, protection of the rights of workers and consumers, fight against corrup-tion and discrimination at the level of private companies.

ID: 225215
Кількість показів: 40
дата змінення: 18.03.2019 16:17:11
Ким змінено (ім'я): (econom16) Василина Филюк
Вид роботи:  Наукова публікація
Тип роботи:  Наукова стаття
Кількість сторінок:  9
Рік видання:  2019
Звітний рік:  2019
Видання:  Науковий вісник Національного гірничого університету
Випуск, частина:  1(169)
Номери сторінок:  132-140
Галузь науки:  Економіка / Бізнес
Автори,співробітники Університету:  Базилевич Віктор Дмитрович / Гражевська Надія Іванівна / Вірченко Володимир Віталійович
Автори зовнішні:  Мостепанюк Алла Володимирівна
Кафедра / Відділ:  Економічної теорії, макро- і мікроекономіки
№ теми:  16КФ040-05
Ключові слова:  social capital, transition economy, corporate social responsibility, externalities, relationship of trust, eco-nomic performance, social networks, capital accumulation
Опубліковано за рішенням Вченої ради:  так
Інститут/Факультет:  Економічний факультет

Повернення до списку

Вгору