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Definition and Study Factors Limiting the Development of Social Responsibility of Business in Ukraine

Journal: Herald of the Economic Sciences of Ukraine (Vol.31, No. 2)

Publication Date:

Authors : ;

Page : 44-48

Keywords : social responsibility; development; average wages per month; arrears of wages; environment; investment; society; factors limiting;

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The article identifies and explores the main factors limiting the development of the social responsibility of business in Ukraine. It is proved that the containment process of the practical realization of directions of social responsibility primarily due to the political and economic crisis. Enterprises lack of funds for implementation of their priority areas of social responsibility, and, namely: a decent wage and the timeliness of its payments. This makes secondary issues of environmental protection and investing in the development of society.To overcome the factors limiting the development of social responsibility of business in Ukraine, proposed to strengthen the state intervention in this process: to contribute to the formation of entrepreneurs and companies understanding the importance of social responsibility; to adopt world experience of realization of social projects; to develop measures for the business interest in socially responsible behavior; to fully support businesses that are performing very important social tasks.

Last modified: 2017-02-18 23:06:01