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Social responsibility of business and government as the basic scientific and practical position of regional studies

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  • Yefim Kozakov

Abstract

This paper describes social responsibility in regional studies as a base of scientific and practical position has an interdisciplinary character and is a key in economic theory topic, referred to as «behavioral economics». The strategic aspect of social behavior should eventually become a daily norm at all levels of administration and corporate governance in all spheres of human activity. Tactical objective of regional and municipal authorities is development and implementation of research-based socially responsible policy. The level of social responsibility cannot be measured using a single universal (integral) indicator. The idea that «The economics has as much science inside, as much as it has mathematics», as formulated in the XIX century, in the beginning of the XXI century should be rephrased the following way: «The economics has as much science inside, as much as it has humanity»

Suggested Citation

  • Yefim Kozakov, 2012. "Social responsibility of business and government as the basic scientific and practical position of regional studies," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 11-20.
    • Handle: RePEc:ura:ecregj:v:1:y:2012:i:1:p:11-20
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