EPS eLibrary: RUSSIAN PRACTICE OF IMPLEMENTATION OF CORPORATE SOCIAL RESPONSIBILITY

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Title: RUSSIAN PRACTICE OF IMPLEMENTATION OF CORPORATE SOCIAL RESPONSIBILITY

Year

2019

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4461

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Title

RUSSIAN PRACTICE OF IMPLEMENTATION OF CORPORATE SOCIAL RESPONSIBILITY

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Authors

A. Sudakova

DOI

10.5593/sgem2019/5.3/S21.079

DOI Issue

ISSN

1314-2704

ISBN

978-619-7408-86-7

Language

English

Volume

Issue

5.3

Editor

Scientific Area

Environmental Economics

Abstract/ Foreword

At the head of all the activities of society are human resources, they are making technological breakthroughs and the development of economic growth. In the overwhelming majority of cases, the development of new technologies is carried out at the expense of organizations working to improve the economy and technological development; organizations face the difficult task of stimulating human resources for a technological breakthrough. In this article, corporate social responsibility is considered as one of the tools of the ?new industrial policy?. The article analyzes the impact that corporate social responsibility (CSR) has on financial efficiency of Russian oil and gas companies. The authors focus on the case of Gazpromneft and apply the methodology proposed by E.N. Kharitonova. The authors attempted to identify and analyze the relationship between corporate social responsibility (CSR) of an enterprise and the economic efficiency of an enterprise. The method used by E.N. Kharitonova to assess the impact of CSR on the economic efficiency of the enterprise. The authors use the statistical and analytical data of Gazprom?s financial and nonfinancial reports to show the direct correlation between CSR programs and the company's financial results. It was also found that managers, business owners, shareholders, and members of the public have different expectations and visions of CSR. The results of this study can be further used to develop tools for forecasting companies? progress and development.

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Type

conference

Url

https://www.sgem.org/index.php/jresearch-article?citekey=Sudakova201921627638

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Proceedings Тitle

19th International Multidisciplinary Scientific GeoConference SGEM 2019

Note

19th International Multidisciplinary Scientific GeoConference SGEM 2019, 30 June - 6 July, 2019

Type

Proceedings Paper

Publisher

STEF92 Technology

Series

International Multidisciplinary Scientific GeoConference-SGEM

Organization

Bulgarian Acad Sci; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Russian Acad Sci; Serbian Acad Sci & Arts; Slovak Acad Sci; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; World Acad Sci; European Acad Sci, Arts & Letters; Ac

Pages

627-638

Date

30 June - 6 July, 2019

Online Source Type

website

Digital Source Type

cdrom

6234

Keywords

corporate social responsibility; financial efficiency; social obligations; industrialization; human capital; corporate social performance; E.N. Kharitonova's model

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