Adapting international social responsibility experience to Ukrainian content
Abstract
In the conditions of martial law, business activities directly impact the reputation of the company, as well as consumer and public attitudes. Corporate social responsibility is crucial for economic stability, job preservation, and ensuring budget revenues. Studying and disseminating the experience of Ukrainian companies' social responsibility during the war is necessary to solidify practical experience and ensure their impact on the economy and society in the future.
Purpose, objectives and research methods. The aim of the research is to study and promote the experience of corporate social responsibility of Ukrainian companies during martial law, as well as to formulate recommendations for consolidating best practices in the future. The subject of the research is corporate social responsibility in wartime conditions, specifically of Ukrainian companies, and their impact on society and the state.
The research employs critical analysis of existing concepts and definitions of corporate social responsibility, comparative analysis of international social responsibility models (American, European, Japanese), as well as in-depth analysis of practical examples from international companies. The information base of the research includes scientific papers, statistical data, and practical examples of social responsibility implementation by well-known companies.
Research results. Corporate social responsibility is becoming a key element not only for enhancing corporate capitalization but also for global socio-economic development. The social responsibility models in the USA, Europe, and Japan demonstrate different approaches: individual, collective, and intra-family. The American model emphasizes personal philanthropy, the European model focuses on state regulation and income redistribution, while the Japanese model highlights corporate collectivism and employee social protection.
The practical value of the results lies in the fact that analyzing different models of social responsibility allows for adapting these practices to Ukrainian realities. Practical recommendations for integrating elements of international experience can help Ukrainian companies enhance their social responsibility and positively impact the economic and social development of the country.
The conclusions drawn can be used to develop a national model of social responsibility, taking into account international experience and the specifics of the Ukrainian economy. This includes state propaganda, local budget involvement, tax incentives, and mandatory social reporting.
Downloads
References
Anistratenko N. V. (2023) Social responsibility of global corporations. Effective economy. № 9. DOI: http://doi.org/10.32702/2307-2105.2023.9.34 [In Ukrainian]
Budko O. V., Galatov B. M. (2023) Corporate social responsibility as an instrument of business strategy for enterprise development. Economic Bulletin of Dnipro State Technical University. № 1. p. 49-57. DOI: https://doi.org/10.31319/2709-2879.2023iss1(6).282985pp49-57 [In Ukrainian]
Vakun O. V., Zayats M. Y., Hotych M. I. (2023) Social responsibility of global corporations as a factor of human capital development in the globalised world. Investments: practice and experience. № 20. p. 79-84 [In Ukrainian]
Dolgova L. I. (2023) Corporate social responsibility: modern world trends. Effective economy. № 5. DOI: https://doi.org/10.32702/2307-2105.2023.5.33 [In Ukrainian]
Ivanova M. I., Shvets V. Y., Sannikova S. F., Varyanychenko O. V., Bardas A. V. (2023) Social responsibility as a key competence of ensuring sustainable development of enterprises. Business Inform. № 3. p. 176-186. DOI: https://doi.org/10.32983/2222-4459-2023-3-176-186 [In Ukrainian]
Lozova O. V. (2023) Corporate social responsibility as a factor in the formation of a positive image and business reputation of the company. Galician Economic Herald. № 3. p. 118-127. DOI: https://doi.org/10.33108/galicianvisnyk_tntu2023.03.118 [In Ukrainian]
Miskiv G. V., Pasinovych I. I. (2023) Sustainable development and social responsibility in the conditions of war in Ukraine. Bulletin of Lviv Polytechnic National University. Series: Problems of Economics and Management. Т. 7, № 1. p. 21-36. DOI: 10.23939/semi2023.01.021 [In Ukrainian]
Stoyanets N. V., Tkachenko V. V. (2023) Corporate social responsibility and profitability of companies: the concept of moderating function of firm's reputation and access to capital. Bulletin of Sumy National Agrarian University. Series: Economics and management. Issue 1. p. 46-51. DOI: https://doi.org/10.32782/bsnau.2023.1.9 [In Ukrainian]
Turilo A. A., Goloborodko T. V., Burkova L. A. (2023) Ethical leadership and corporate social responsibility in ensuring the achievement of sustainable development goals. Effective Economy. № 6. DOI: https://doi.org/10.32702/2307-2105.2023.6.5 [In Ukrainian]
Turilo A. A., Arkhipenko S. V., Burkova L. A. (2023) Social responsibility and sustainable development as the basis of modern social policy. Investments: practice and experience. № 10. С. 109-114 [In Ukrainian]
Shtyrev O. M. (2023) Corporate and social responsibility as a management concept in the works of foreign researchers. Investments: practice and experience. № 19. p. 137-142 [In Ukrainian]
Shtyrev O. M. (2023) Social responsibility in the system of forming managerial influence as a guarantee of sustainable development. Investments: practice and experience. № 16. p. 199-204 [In Ukrainian]
Yatsenko V. V. (2023) Social responsibility of grant student activity. Intellect XXI. № 1. p. 65-71 [In Ukrainian]
Arı A., Öz N. D. (2023) Investigation of social capital, empathy and individual responsibility parameters in dual career athletes: an exploratory study. Physical education of students. № 2. p. 89-96. DOI: https://doi.org/10.15561/20755279.2023.0205 [In English]
Fomina O. (2023) Corporate reporting on social responsibility under martial law. Scientia Fructuosa. № 3. p. 44-58. DOI: 10.31617/1.2023(149)04 [In English]
Kaykaian R. (2023) The application of social responsibility practice expression in sports organizations. Humanities studies. № 15. p. 73-78. DOI: https://doi.org/10.32782/hst-2023-15-92-08 [In English]
Ovdiienko O. V. (2023) Theoretical and practical aspects of corporate social responsibility tools usage by aviation companies. Intellectualization of logistics and supply chain management. № 17. p. 43-56. DOI: https://doi.org/10.46783/smart-scm/2023-17-4 [In English]
Polovyk Ye. (2023) Non-financial reporting as a guarantee of corporate social responsibility. Scientia Fructuosa. № 3. p. 72-82. DOI: 10.31617/1.2023(149)06 [In English]
Shahwan Y., Hamza M., Lubad H. K., Khresat O. M. (2023) Social responsibility accounting and financial performance during COVID-19: A survey of the firms listed in Amman Stock Exchange. Journal of Governance & Regulation. Vol. 12, Iss. 1. p. 93-99. DOI: 10.22495/jgrv12i1art9 [In English]
Terepyshchyi S. (2023) Academic social responsibility in the context of the war in Ukraine: navigating the educational landscape for social change. Humanities studies. № 14. p. 102-109. DOI: 10.32782/hst-2023-14-91-12 [In English]
Umantsiv H. (2023) . Reporting on sustainable development in the context of corporate social responsibility. Scientia Fructuosa. № 3. p. 59-71. DOI: 10.31617/1.2023(149)05 [In English]
Volchek R., Moskaliuk H., Halan L., Dancheva O. (2024) Implementation of corporate social responsibility in the context of integration with the enterprise management information system. Naukovyi visnyk Natsionalnoho Hirnychoho Universytetu. № 1. p. 154-161 [In English]
(2001) Green paper: Promoting a European framework for Corporate Social Responsibility. Commission of the European Communities. Brussels, 18 July 2001. URL: https://ec.europa.eu/commission/presscorner/api/files/document/print/en/doc_01_9/DOC_01_9_EN.pdf [In English]
(2024) CSR Ukraine – expert organisation in Ukraine: official web resource. URL: https://csr-ukraine.org/ [In Ukrainian]
(2024) Coca-Cola: official website. URL: https://www.coca-cola.com/ua/uk [In Ukrainian]
(2024) IKEA: official website. URL: https://www.ikea.com/ua/uk/ [In Ukrainian]
(2024) Nestle: official website. URL: https://www.nestle.ua [In Ukrainian]
Copyright (c) 2024 Financial and credit systems: prospects for development
This work is licensed under a Creative Commons Attribution 4.0 International License.