International Experience of the Development of Corporate Social Responsibility: Comparative Analysis of the Influence of the State

Maria RYBALKO

Abstract


The paper aims to provide analysis of the international experience of the development of corporate social responsibility (CSR) and to provide stimulation methods used by the state to develop CSR in Russia. The study is based on the identification of characteristics of CSR development in Russia; it subsequently concludes the most appropriate methods for the Russian state and business interaction in this sphere. Determination of the level and stage of the development of CSR in Russia is carried out by multivariate statistical (cluster) analysis. The results of the study of international experience in the development of corporate responsibility and the results of the cluster analysis were used for the further improvement of the state policy in this field in Russia. This paper proposes a number of measures aimed both at improving conditions for socially responsible companies and at increasing the disclosure of information in the field of CSR and improvement of its quality.


Full Text:

PDF

References


Accenture Report (2010). A New Era of Sustainability. UN Global Compact-Accenture CEO Study 2010, retrieved from https://microsite.accenture.com/sustainability/research_and_insights/Pages/A-New-Era-of-Sustainability.aspx

Albareda, L., Midttun, A., Perrini, F., and Tencati, A. (2008). The changing role of governments in corporate social responsibility: drivers and responses. Business Ethics: A European Review. 17(4), 347-363.

Bayoud, N.S., Kavanagh, M., and Slaughter, G. (2012). Factors Influencing Levels of Corporate Social Responsibility Disclosure by Libyan Firms: A Mixed Study. International Journal of Economics and Finance, 4(4), 13-29.

Cai, N., and Huang, J. (2011). An Analysis To The Relationship Of The Corporation’s Charitable Giving And Tax Policy In China. International Journal of
Innovative Management, Information & Production. 2(3), 92-97.

Dahlsrud, A. (2008). How corporate social responsibility is defined: An analysis of 37 definitions. Corporate Social Responsibility & Environmental Management, 15(1), 1-13.

Friedman, F. (1970). The Social Responsibility of Business Is to Increase its Profits. New York Times Magazine, September 13, 173-178.

GRI (2013). Report or Explain: a smart policy approach for non-financial information disclosure. March 2013, retrieved from https://www.globalreporting.org/resourcelibrary/GRI-non-paper- Report-or-Explain.pdf.

GRI Database, retrieved from https://www.globalreporting.org/resourcelibrary/GRI-Data-Legend-Sustainability-Disclosure-Database-Profiling.pdf.

Guthrie, J., and Parker, L. D. (1989) Corporate social reporting: A rebuttal of legitimacy theory. Accounting & Business Research, 19(76), 343-352.

Henderson, D. (2009). Misguided corporate virtue: The case against CSR, and the true role of business today. Economic Affairs, 29(4), 11-15.

Ioannou, I., and Serafeim, G. (2011). What Drives Corporate Social Performance? International Evidence from Social, Environmental and Governance Scores. The European Business Review, March-April, 1-50.

Ioannou, I., and Serafeim, G. (2012). The Consequences of Mandatory Corporate Sustainability Reporting. Working Paper. Harvard Business School, 1-38.

Jensen, M.C. (2002). Value maximization, stakeholder theory, and the corporate objective function. Business Ethics Quarterly, 12(2), 235-256.

Lee, M.P.A. (2008). Review of the theories of corporate social responsibility: Its evolutionary path and the road ahead. International Journal of Management Reviews, 10(1), 53-73.

Marcoux, A.M. (2003). A fiduciary argument against stakeholder theory. Business Ethics Quarterly, 13(1), 1-24.

Mazurkiewicz, P., and Crown, R. (2005). Opportunities and options for governments to promote corporate social responsibility in Europe and Central Asia - evidence from Bulgaria, Croatia, and Romania, retrieved from http://documents.worldbank.org/curated/en/2005/01/6733401/opportunities-options-governments-promote-corporate-social-responsibility-europe-central-asia-evidence-bulgaria-croatia-romania.

Mella, P., and Gazzola, P. (2015). Capitalistic Firms as Cognitive Intelligent and Explorative Agents. Management Dynamics in the Knowledge Economy, 3 (4), 645-674.

Seglin, J.L. (Ed.) (2002). How business can be good and why being good is good for business. In L. P. Hartman Perspectives in business ethics.

Sotorrío, L., and Sánchez, J. (2008). Corporate social responsibility of the most highly reputed European and North American firms. Journal of Business Ethics, 82(2), 379-390.

Sustainability Disclosure Database, retrieved from http://database.globalreporting.org.

Székely, F. and Knirsch, M. (2005) Responsible Leadership and Corporate Social Responsibility: Metrics for Sustainable Performance. European Management Journal. 23(6), 628-647.


Refbacks

  • There are currently no refbacks.


Copyright (c) 2016 Management Dynamics in the Knowledge Economy

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

© Faculty of Management (SNSPA)

Creative Commons License
This work is licensed under CC BY-NC

The opinions expressed in the papers published are the authors’ own and do not necessarily express the views of the editors of this journal. The authors assume all responsibility for the ideas expressed in the materials published.

ISSN 2392-8042 (online)