Corporate social responsibility as an integral component of Russian business

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Abstract

Socially responsible behavior of domestic business in the context of the instability of the current socio-economic situation is a decisive factor in its competitiveness. This necessitates the development of corporate social responsibility as an effective tool for the implementation of economically, socially and environmentally responsible activities of companies for sustainable development. The problems of formation and improvement of corporate social responsibility are the subject of analysis of numerous scientific and practical studies. Of particular relevance is the study of the modern paradigm of the development of corporate social responsibility. The purpose of the article is to analyze corporate social responsibility as an integral component of modern business. The implementation of this goal involves solving problems related to the identification of criteria for conceptual approaches to the definition of corporate social responsibility, consideration of its essence within the framework of the presented concepts, as well as the features of its transformation in the context of digitalization of the economy. In the course of the study, the author uses the system method, methods of deduction, induction, analysis, synthesis, generalization of theoretical material and factual data reflecting the practical experience of the development of corporate social responsibility of Russian business. Based on the definition of criteria of conceptual approaches to the consideration of the essence of corporate social responsibility, it is concluded that there is a need for an integrated approach to the analysis of this category on the basis of a single integral system of selected criteria in their interconnection and interdependence. The study of corporate social responsibility as an integral part of modern business made it possible to identify the key aspects of interaction between stakeholders, taking into account changes in their values under the influence of global and national factors.

About the authors

Tamara B. Zavodchikova

Samara National Research University

Author for correspondence.
Email: toma.zavod@gmail.com
ORCID iD: 0000-0002-1158-1803

Candidate of Economics, Associate Professor; Associate Professor of Department of General and Strategic Management

Russian Federation, 34, Moskovskoye shosse, Samara, 443086

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