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The Global Economy and Its Requirements for Social Responsibility of Enterprises
Podrez O. I., Cherepanova V. О.

Podrez, Olha I., and Cherepanova, Viktoriia О. (2023) “The Global Economy and Its Requirements for Social Responsibility of Enterprises.” Business Inform 6:12–20.
https://doi.org/10.32983/2222-4459-2023-6-12-20

Section: Globalization Processes in the Economy

Article is written in Ukrainian
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UDC 658.1:334.78:338.45

Abstract:
The article is aimed at studying the essence of the definition of «global economy», as well as the impact of modern transformation processes on the activity of the State and enterprises in the sphere of social protection and social security of workers and population. On the basis of terminological analysis, the essence and characteristics of the global economy as a constantly changing process concerning the unification of countries into a single informational, economic, ecological and social space have been determined. A systematization of positive and negative consequences of globalization in relation to the development of the social sphere of developed countries and developing countries was carried out. It is proved that, under the influence of the negative consequences of globalization, there is a need to form a system of social protection, which is based on the use of social security at the level of the State and at the level of enterprise, in accordance with types and instruments. At the State level, social security is divided into such types as: legal and administrative, economic, ecological, material and energy, and medical, and at the enterprise level as financial, ecological, material and energy, medical, and legal. This distribution allows taking measures for social protection for specific types of social security. A chain has been built to eliminate the impact of negative consequences on the social sphere, namely: the consequences of the impact of the global economy – social consequences – social protection – social responsibility – social partnership. In further research, it is advisable to build a conception of social responsibility management of enterprises, which is aimed at developing and implementing social protection measures, as well as to determine the structure, components and instruments of the mechanism for its implementation.

Keywords: global economy, consequences of the global economy, social consequences, social partnership, social protection, social responsibility.

Fig.: 3. Tabl.: 3. Bibl.: 20.

Podrez Olha I. – PhD, Assistant, Department of Business Economics and International Economic Relations, National Technical University «Kharkiv Polytechnic Institute» (2 Kyrpychova Str., Kharkіv, 61002, Ukraine)
Email: [email protected]
Cherepanova Viktoriia О. – Candidate of Sciences (Economics), Professor, Professor, Department of Business Economics and International Economic Relations, National Technical University «Kharkiv Polytechnic Institute» (2 Kyrpychova Str., Kharkіv, 61002, Ukraine)
Email: [email protected]

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