Corporate Social Responsibility as a Criterion of Assigning Commercial Business to Social Entrepreneurship in the Market Economy

Purpose: The purpose of this chapter is to determine the possibility to use corporate social responsibility as a universal criterion of assigning commercial business to social entrepreneurship in the market economy. Design/methodology/approach: The authors form a selection of countries, which includes developed and developing countries with the highest level of commercial entrepreneurship’s development. Correlation analysis allows determining the level and character of connection between the manifestations of corporate social responsibility, which are accessible to commercial business, and advantages of social entrepreneurship. Findings: It is determined that neither of the generalized coefficients of correlation exceeds 50%. The most vivid social advantages are provided by such manifestations of corporate social responsibility, which are accessible to commercial business, as stimulation of unions (60.74% in developed countries and 38.68% in developing countries) and keeping employees (26.65% in developed countries and 15.91% in developing countries). The most vivid social advantages, which are provided by the totality of manifestations of corporate social responsibility, which are accessible to commercial business, are increase of happiness level (33.64% in developed countries and 35.68% in developing countries) and growth population’s quality of life (41.41% in developed countries and 24.67% in developing countries). Originality/value: It is shown – by the example of developed and developing countries with the most developed commercial business – that corporate social responsibility does not always ensure social advantages. That’s why corporate social responsibility cannot be used as a universal criterion of assigning commercial business to social entrepreneurship in the market economy.