TOOLKIT FOR SOCIAL RESPONSIBILITY OF BUSINESS IN THE SYSTEM OF INCLUSIVE CORPORATE MANAGEMENT OF SUSTAINABLE DEVELOPMENT OF UKRAINIAN AGRICULTURAL COMPANIES
##plugins.themes.bootstrap3.article.main##
##plugins.themes.bootstrap3.article.sidebar##
Abstract
The research subject is the social responsibility of agribusinesses in the context of current corporate governance practices. Methodology. The study uses the following methods of economic research: content analysis method (when processing scientific sources and reviewing thematic literature); abstract and logical method (when substantiating the defining principles and criteria of social responsibility of business entities in the agricultural sector); statistical observations and economical and statistical calculations (when analysing indicators of the achieved state of social responsibility of agricultural companies); abstract and logical method (when substantiating conclusions to the study). The research is aimed at finding tools to increase the social responsibility of agrarian business through the transformation of the corporate culture of agricultural management of Ukrainian companies. Conclusion. Ukraine has a strong agricultural potential. However, achieving national and global sustainable development goals, which are relevant shortly, requires a change in business values and strategic guidelines. Such values should be aimed at solving the problems of protecting the environment, preserving natural resources, improving the quality and safety of agri-food products, and improving the quality of life of the rural population. The solution to these problems is inextricably linked to voluntary, socially responsible agribusiness initiatives. The analysis carried out showed that there is a high level of agribusiness social responsibility in the management of the activities of large-scale agricultural enterprises in Ukraine, which is reflected in the voluntary non-financial reports. In small- and medium-sized agribusinesses, the perception of the need for social responsibility is limited and constrained by a lack of financial resources. The calculated indicators show a low level of social responsibility in the agricultural business of small- and medium-sized agricultural enterprises in Ukraine. The level of chemicalisation of agricultural production and ploughing of agricultural land is high. There are significant problems with the use of rural labour resources and the development of rural areas. The main problems were identified in the spectrum of irrational use of land and labour resources and the low quality of life of the population in rural areas of Ukraine. The processes of recognition of the values and benefits of socially responsible agribusiness in Ukraine are slow. As a tool for increasing the social responsibility of agribusinesses in Ukraine, a system of principles and criteria of socially responsible business is proposed for implementation in the corporate governance of Ukrainian agribusinesses.
How to Cite
##plugins.themes.bootstrap3.article.details##
agricultural business, inclusive agricultural management, Ukrainian agricultural companies, social responsibility, corporate culture, sustainable development
largest companies in the Ukrainian agricultural sector. Available at: https://forbes.ua/company/misiya-zrosti-popri-viynu-20-naybilshikh-agrovirobnikiv-i-eksporteriv-ukraini-17112023-17334
Agriculture of Ukraine. 2022. Available at: https://www.ukrstat.gov.ua/
Biró, K., & Szalmáné Csete, M. (2021). Corporate social responsibility in agribusiness: climate-related empirical findings from Hungary. Environment, Development and Sustainability, vol. 23, рр. 5674–5694. DOI: https://doi.org/10.1007/s10668-020-00838-3
Briamonte, L., & Giuca, S. (2016). Performance Indicators of social responsibility: the case of agricultural enterprise in the inter-regional/trans-national project model. Review of Agricultural Economics, vol. 1(2016), рр. 469–485.
Chernoivanova, H., Kozlova, I., Kryvobok, K., Nemashkalo, K., & Yermolenko, O. (2021). Efficiency Management of the Enterprises Activity Based on the Principles of Innovative Development. International Journal of Computer Science and Network Security, vol. 21, no. 12, рр. 328–334.
CSR. Ukraine. Available at: https://csr-ukraine.org/about/
Faizrakhmanov, D., Zakirova, A., Klychova, G., Yusupova, A., & Klychova, A. (2019). Formation and disclosure of information on social responsibility of agribusiness enterprises. E3S Web of Conferences, vol. 91, рр. 06004. DOI: https://doi.org/10.1051/e3sconf/2019910TPACEE-20186004
Ferrell, A., Hao, L., & Renneboog, L. (2016). Socially responsible firms. Journal of Financial Economics, vol. 122(3), рр. 585–606.
Hohnen, P. (2007). Corporate Social Responsibility: An Implementation Guide for Business, International Institute for Sustainable Development, Winnipeg. Available at: https://www.iisd.org/pdf/2007/csr_guide.pdf
Kavun, S. V., Guryanova, L. S., & Zhosan, G. V. (2015). Determination of social responsibility strategy of the enterprise for the purpose of ensuring productivity of its activity. Financial and Credit Activity Problems of Theory and Practice, vol. 2(19), рр. 260–267. DOI: https://doi.org/10.18371/fcaptp.v2i19.57419 (in Ukrainian)
Lopatynskyi, Yu., Shpykuliak, O., Kyfyak, V., Shelenko, D., & Diuk, A. (2023). Socio-economic role and institutional capacity of family farms in the implementation of the sustainable development goals. Ekonomika APK, vol. 30(3), рр. 18–28. DOI: https://doi.org/10.32317/2221-1055.202303018
Madhu, S. (2022). Corporate social responsibility policy. International Journal of Advanced Research in Commerce, Management & Social Science (IJARCMSS), vol. 05, no. 03(I), pp. 127–133.
Martos-Pedrero, А., Jiménez-Castillo, D., & Cortés-García, F. (2022). Examining drivers and outcomes of corporate social responsibility in agri-food firms. Agricultural Economics – Czech, vol. 68(3), рр. 79–86. DOI: https://doi.org/10.17221/398/2021-AGRICECON
McWilliams, A., & Siegel, D. (2000). Corporate social responsibility and financial performance: correlation or misspecification? Strategic Management Journal, vol. 21 (5), рр. 603–609.
Mijatović, М., Uzelac, О., & Stoiljkovi, А. (2021). Аgricultural sustainability and social responsibility. Ekonomika poljoprivrede, vol. 4, pp. 1109–1119.
Mills, J., Chiswell, H. Gaskell, P., Courtney, P. Brockett, B., Cusworth, G., & Lobley, M. (2021). Developing Farm-Level Social Indicators for Agri-Environment Schemes: A Focus on the Agents of Change. Sustainability, vol. 13(14), рр. 7820. DOI: https://doi.org/10.3390/su13147820
Ortega, M. Sabo, S., Gallegos, P., De Zapien, J., Zapien, A., Portillo Abril, G., & Rosales, C. (2016). Agribusiness, Corporate Social Responsibility, and Health of Agricultural Migrant Workers. Front Public Health, vol. 4, р. 54.
Soloviova, O., Krasnyak, O., Cherkaska, V., & Revkova, A. (2022). Strategic Development of International Corporate Social Responsibility in Agribusiness Economics. Ecology. Socium, vol. 6, no. 4, рр. 51–56.
The Growing Importance of Social Responsibility in Business. Available at: https://www.forbes.com/sites/forbe sbusinesscouncil/2020/11/18/the-growing-importance-of-social-responsibility-in-business/?sh=308f54d82283
The number of active economic entities by types of economic activity with distribution by the number of employed workers in 2016–2022. Available at: https://www.ukrstat.gov.ua/
Kramarenko, I., Irtyshcheva, I., Stehnei, M., Boiko, Y., Nadtochii, I., Pavlenko, O., Rakipov, V., Hryshyna, N., Sirenko, I., & Ishchenko, O. (2022). Socio-economic development in conditions of digital transformations: regional features, strategic analysis, and prospects. 2022 7th International Conference on Mathematics and Computers in Sciences and Industry (MCSI), рр. 175–182. DOI: https://doi.org/10.1109/MCSI55933.2022.00035
Irtyshcheva, I., Pavlenko O., Boiko Y., Stehnei M., Kramarenko, I., Hryshyna, N., & Ishchenko, O. (2022). Evaluation of Efficiency of Regional Public Governance in the Context of Achieving Goals of Sustainable Development. Management Theory and Studies for Rural Business and Infrastructure Development, vol. 44, issue 4, рр. 497–505. DOI: https://doi.org/10.15544/mts.2022.49
Pryshchepa, O., Kardash, O., Yakymchuk, A., et al. (2020). Optimization of multi-channel queuing systems with a single retail attempt: Economic approach. Decision Science Letters, vol. 9(4), pp. 559–564.
Xiao-San Luo, Dereba Muleta, Zhenghua Hu, Haoye Tang, Zhen Zhao, Shuanghe Shen, Byong-Lyol Lee (2017). Inclusive development and agricultural adaptation to climate change. Current Opinion in Environmental Sustainability, vol. 24, February, pр. 78–83.
Yermakov, O., & Nahornyi, V. (2021). On the issue of development of corporate social responsibility of agricultural business entities. Agrosvit, vol. 23, рр. 17–24.
Zamlynskyi, V., Kryukova, I., Vlasenko, T., ... Banar, O., & Anisimova, L. (2023). Corporate sustainability reporting and management of agricultural businesses in Ukraine. IOP Conference Series: Earth and Environmental Science, no. 1126(1), 012002. DOI: https://doi.org/10.1088/1755-1315/1126/1/012002
Zinchuk, T. O., & Levkivskyi, Ye. V. (2019). Corporate social responsibility of vertically integrated entities as a condition of sustainable development. Ekonomika APK, vol. 1, рр. 39–43. (in Ukrainian)
This work is licensed under a Creative Commons Attribution 4.0 International License.