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Formation of the Management Mechanism of the Corporate Social Responsibility of the Enterprise

Author

Listed:
  • Karpenko Oksana

    (Dr. Prof., Higher Educational Institution Academician Yuriy Bugay International Scientific & Technical University, 3 Khersonsky lane, Kyiv, Ukraine)

  • Krylov Denys

    (Dr. Assoc. Prof., Zaporizhzhia National University, 66 Zhukovsky str., Zaporizhzhia, Ukraine)

  • Boniar Svitlana

    (Dr. Prof., State University of Infrastructure and Technologies, 9 Kyrylivska str., Kyiv, Ukraine)

  • Shepelenko Svitlana

    (PhD, Ukrainian Engineering Pedagogics Academy, 16 University str., Kharkiv, Ukraine)

  • Yermakov Maksym

    (PhD Student, Higher Educational Institution Academician Yuriy Bugay International Scientific & Technical University, 3 Khersonsky lane, Kyiv, Ukraine)

Abstract

The necessity and relevance of the formation of the corporate social responsibility (CSR) management mechanism of the enterprise is caused by the loss of stability of economic development due to the pandemic, the deepening of the asymmetry of socio-economic development between territories, the aggravation of competitive relations in the market, the weakening of socio-cultural and moral and ethical principles in the business sector activities, the aggravation of environmental problems, etc. The purpose of the research is to justify the principles of the formation of the management mechanism of the CSR of the enterprise in the conditions of sustainable development. It is proved that the formation of the management mechanism of the CSR requires the observance of certain specific principles supplemented by their functionalities. The functions (planning, organization, motivation, regulation and control) and methods (administrative, social, psychological) of the CSR management mechanism of the enterprise are singled out. The groups of indicators for evaluating the effectiveness of the implementation of the CSR management mechanism of the enterprise in relation to employees, environmental protection and the market are substantiated. A management mechanism of the CSR of the enterprise has been developed.

Suggested Citation

  • Karpenko Oksana & Krylov Denys & Boniar Svitlana & Shepelenko Svitlana & Yermakov Maksym, 2024. "Formation of the Management Mechanism of the Corporate Social Responsibility of the Enterprise," Management Theory and Studies for Rural Business and Infrastructure Development, Sciendo, vol. 46(1), pages 85-92, March.
    • Handle: RePEc:vrs:mtrbid:v:46:y:2024:i:1:p:85-92:n:9
    DOI: 10.15544/mts.2024.09
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    References listed on IDEAS

    as
    1. Zineb Abidi & Marc-Arthur Diaye, 2023. "On the optimal combination of corporate social responsibility practices of unlisted small and medium enterprises," International Journal of Sustainable Development, Inderscience Enterprises Ltd, vol. 26(2), pages 140-160.
    2. Clara Pérez-Cornejo & Esther de Quevedo-Puente, 2023. "How corporate social responsibility mediates the relationship between corporate reputation and enterprise risk management: evidence from Spain," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 13(2), pages 363-383, June.
    3. Minh-Hieu Le & Wen-Min Lu & Qian Long Kweh, 2023. "The moderating effects of power distance on corporate social responsibility and multinational enterprises performance," Review of Managerial Science, Springer, vol. 17(7), pages 2503-2533, October.
    4. Chen, Huihui & Ho, Kung-Cheng & Zhang, Ming & Zhang, Qidi, 2023. "Effect of managerial ability toward corporate social responsibility on enterprise default risk," Finance Research Letters, Elsevier, vol. 54(C).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    corporate social responsibility; management mechanism; sustainable development; corporate management; enterprise;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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