Development of the Russian socio-economic system: challenges and prospects
- Authors:
- Andrei V. Minakov, Liudmila N. Ivanova
- Work direction:
- Экономические науки
- Abstract:
- The main challenges facing corporate social responsibility in the country today are limited financial resources for social projects and insufficient government support for these initiatives. The purpose of this study is to examine the development of corporate social responsibility in Russia. This article utilizes research methods such as theoretical analysis, statistical data, and comparative analysis. Indicators characterizing the integration of social responsibility elements into the corporate culture of Russian companies over several years were analyzed. An analysis of Russian business social responsibility has revealed issues such as a decline in the share of social expenditures in revenue for some large companies and a decline in the average values of the "Responsibility and Openness" and "Sustainable Development Vector" indices in certain industries (electric power, transport and logistics, and telecommunications).
- Keywords:
Development of the Russian socio-economic system: challenges and prospects