CORPORATE SOCIAL RESPONSIBILITY IN THE SYSTEM OF INTERACTION BETWEEN STAKEHOLDERS OF CONSTRUCTION ENTERPRISES

##plugins.themes.bootstrap3.article.main##

##plugins.themes.bootstrap3.article.sidebar##

Published: Dec 2, 2020

  Volodymyr Velychko

  Dmytro Prunenko

  Evgeniy Grytskov

Abstract

It is proved that at the present stage of economic transformation, the problem of ensuring the effectiveness of interaction with stakeholders, which affect all areas of business entities is exacerbated. The cooperation of stakeholders to ensure corporate social responsibility at construction enterprises is of particular importance and requires solving the problems of the formation and implementation of corporate social responsibility in the system of interaction between stakeholders of construction enterprises. As a result of the analysis of existing scientific and methodological works, the need for the formation and implementation of corporate social responsibility in construction enterprises is determined, considering the peculiarities of interaction with stakeholders. The aim of the study is the formation of measures for the creation and implementation of corporate social responsibility at construction enterprises, considering the areas of interaction with stakeholders. The article solves the tasks of identifying stakeholders interacting with construction enterprises, substantiating theoretical approaches to determining corporate social responsibility of construction enterprises, assessing the level of influence of corporate social responsibility on the functioning of construction enterprises, taking into account the peculiarities of interaction with stakeholders . The indicators that form corporate social responsibility are identified, and the corresponding integral indicator is evaluated, which allows us to create a quantitative basis for making informed management decisions. The necessity of developing measures to increase the efficiency of the formation and use of corporate social responsibility at construction enterprises is established. The subject of the study is corporate social responsibility in the system of stakeholder relations of construction companies. The formation of the research methodology is based on the definition of stakeholders and corporate social responsibility, the use of classification (to form and determine stakeholder factors affecting corporate social responsibility of construction companies), analytical and expert evaluation method (to assess the general criterion of stakeholders' impact on corporate social responsibility construction companies). The purpose of the study is to form a quantitative basis for making sound management decisions on the formation and use of corporate social responsibility in the system of stakeholder relations of construction companies. The result of the study is to determine the directions and features of increasing the effectiveness of the formation and use of corporate social responsibility in construction companies in the system of stakeholder relations, which are developed based on the results of assessing the generalized criterion of stakeholder interaction on corporate social responsibility.

How to Cite

Velychko, V., Prunenko, D., & Grytskov, E. (2020). CORPORATE SOCIAL RESPONSIBILITY IN THE SYSTEM OF INTERACTION BETWEEN STAKEHOLDERS OF CONSTRUCTION ENTERPRISES. Baltic Journal of Economic Studies, 6(5), 64-72. https://doi.org/10.30525/2256-0742/2020-6-5-64-72
Article views: 520 | PDF Downloads: 554

##plugins.themes.bootstrap3.article.details##

Keywords

stakeholders, corporate social responsibility, construction enterprises, corporate relations

References

Freeman, E. (1984). Strategic Management: A Stakeholder Approach. Boston: Pitman.

D’Anselmi, P. (2011). Values and Stakeholders in an Era of Social Responsibility, New York: Free Press.

Ammari, A. O. (2012). Classification of stakeholders on the basis of mutual views. Actual problems of the economy: Science economical journal, 8, 150–155.

Gatsenko, L. (2016). Stakeholder theories: history of development and problem questions for further research. Vodnij transport, vol. 1, pp. 156–160.

Cleland, D.I. (1998). Stakeholder Management in Jeffrey K. Pinto, (ed.), Project Management Handbook, Jossey-Bass Publishers.

Nepomnyashchy, O.M. (2013). Socio-economic dimension of the state housing policy in Ukraine. Kharkiv: DokNaukDerzhUpr.

Suslova, V.V. (2011). Functional tasks of self-regulatory organization and their legislative consolidation. The bulletin of Yaroslav Mudryi national law university, vol. 4, pp. 122–130.

Slyusarevsky N. (2010). Amateur regulation or professional self-government. Mirror of the week: international socio-political weekly, vol. 36, p. 6.

International standard ISO 26000:2010, 2010. Guidance on social responsibility (IDT). ISO 26000 Post Publication Organization. Available at: http://iso26000.info/wpcontent/uploads/2017/02/ISO-26000_and_OECD_Guidelines_MNE_PPO_v1.pdf

Kotler F., Lee N. (2005). Corporate social responsibility. How to do as much good as possible for your company and society. Kyiv: Standard.

Bowen H.R. (1953). Social Responsibilities of the Businessman, New York: Harper & Brothers.

Friedman M. (2010). Capitalism and freedom. Kyiv: Spirit and letter.

Plakasov T.O. (2012). The effectiveness of corporate social responsibility tools. PhD Thesis. Moscow.

Chernykh O.V. (2012). Management of social responsibility at large enterprises. PhD Thesis. Donetsk.

Hrytsyna L.I. (2008). The mechanism of formation of corporate social responsibility in enterprise management. PhD Thesis. Kharkiv.

Grishnova O.A., Dumanskaya V.P. (2011). Ecological vector of social responsibility. Economics and management, vol. 3, pp. 32–40.

Mamonov K.A. (2013). Stakeholder strategy of cost-oriented capital management of the brand of construction companies. ScD Thesis. Kharkiv: Kharkiv Academy of Municipal Economy.

Mamonov K.A. (2011). The organizational-economic mechanism of management stakeholders the building companies: essence, structure and information protection. Komunalne hospodarstvo mist: Naukovo-tekhnichnyy zbirnyk, vol. 100. Series: Economics, pp. 227–234.

Nikitina L.M. (2013). Classification of stakeholders in the process of forming socially responsible behavior of the company. Available at: www.ncstu.ru.

Zub A.T. (2002). Strategic Management – Theory and Practice. Available at: http://uchebnik-online.com/soderzhanie/textbook_77.html

Stakeholder. URL: http://ru.wikipedia.org/wiki/.

Clarkson, M.E. (1995). A Stakeholder Framework for Analyzing and Evaluating Corporate Social Performance. Academy of Management Review, vol. 20(1), pp. 92–118.

Blair, J. D., Fottler, M. D. (1990). Challenges in Health Care Management: Strategic Perspectives for Managing Key Stakeholders. San Francisco: Jossey-Bass.

Savage, G. T. Nix, T. W. Whitehead, C. J., Blair, J. D. (1991). Strategies for assessing and managing organizational stakeholders. Academy of Management Executive, vol. 5(2), pp. 61–75.

Mitchell, R. K., Agle, B. R., Wood, D. J. (1997). Toward a Theory. Academy of Stakeholder Identification and Salience, vol. 24(4), pp. 853–886.

Doctrine of information security of Ukraine. Decree of the President of Ukraine No 47 of 25.02.2017. Available at: http://www.president.gov.ua/documents/472017-21374.

State Service of Special Communication and Information Protection of Ukraine (SSSCIP). State standard of Ukraine. Information protection. Technical protection of information. The main provisions. DSTU 3396.0-96. Available at: http://www.dsszzi.gov.ua/dsszzi/control/uk/publish/article?art_id=38883&cat_id=38836.

Lebedev, I. (2014). Corporate social responsibility: concept and model for Ukraine. Social and labor relations. Ukraine: Aspects of Labor, 5, 13–19.

Carroll, A. B. (1979). A three–dimensional conceptual model of corporate performance. Academy of Management Review, vol. 4(4), p. 503.

Kolot, A. M. (2012). Social responsibility: theory and practice of development. Kyiv: KNEU.

Kolot, A. M. (2010). Human social responsibility as a factor of stable social dynamics: theoretical principles. Ukraine: Aspects of Labor, vol. 7, pp. 3–9.

Lebedev, I. V. (2012). Social technologies of modern management. Formation of a market economy: Special issue. Strategic imperatives of modern management. Part 2. Kyiv: KNEU.

Savchenko, I. G. (2007). Institutional responsibility of public authorities in the context of building a welfare state in Ukraine. PhD Thesis. Kharkiv: HarRIDU NADU.

Saprykina, M. (2008). The development of CSR in Ukraine. Opinions of the main groups of stakeholders. Corporate social responsibility of business. Expert assessment and practice in Ukraine. Kiev: TEF OLBI.