BUSINESS INFORM JOURNAL.

УКР

ENG

Search:

REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

PUBLISHER

Liburkina L. M.

SITE SECTIONS

Corporate Social Responsibility as a Factor of Social Progress and Social Cohesion of Communities
Sova O. Y., Kuznietsov V. D.

Sova, Olena Yu., and Kuznietsov, Vladyslav D. (2025) “Corporate Social Responsibility as a Factor of Social Progress and Social Cohesion of Communities.” Business Inform 3:420–428.
https://doi.org/10.32983/2222-4459-2025-3-420-428

Section: Management and Marketing

Article is written in Ukrainian
Downloads/views: 0

Download article (pdf) -

UDC 005.35:316.4:330.8

Abstract:
The article examines the role of corporate social responsibility (CSR) in shaping the social cohesion of territorial communities. The article discusses key areas of CSR such as social investments, support for vulnerable groups, environmental safety, partnerships between companies and communities, as well as with government institutions and non-governmental organizations, among other factors of social development. It is determined that the active involvement of business in implementing social initiatives contributes to increasing trust within communities, strengthening social capital, and consolidating communities. A matrix of the relationship between CSR and the institutional environment of communities is proposed, depending on the level of business involvement in the life of communities, illustrating the extent of corporate initiatives and their impact on society. It is found that long-term partnership programs and strategic CSR projects contribute not only to increasing social cohesion but also stimulate local economic development. Particular attention is devoted to the issues of inclusion and the formation of a culture of trust, which are important components of social cohesion. It is determined that corporate programs aimed at ensuring equal opportunities and social integration of vulnerable population strata have a significant impact on the formation of stable and self-sufficient communities. Further research in this area should be directed at assessing the effectiveness of CSR in building local institutions, strengthening civil society, and integrating business into regional development strategies.

Keywords: corporate social responsibility, welfare, territorial communities, social cohesion, sustainable development, civil society.

Bibl.: 30.

Sova Olena Yu. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Institute of Demography and Quality of Life Problems of the National Academy of Sciences of Ukraine (60 Tarasa Shevchenka Blvd, Kyiv, 01032, Ukraine)
Email: [email protected]
Kuznietsov Vladyslav D. – Postgraduate Student, Taurida National V. I. Vernadsky University (33 Dzhona Makkeina Str., Kyiv, 01042, Ukraine)
Email: [email protected]

List of references in article

Baranetska, A. D. (2024). Korporatyvna sotsialna vidpovidalnist yak kontseptsiia retransliatsii suspilnykh tsinnostei v umovakh viiny: informatsiino-komunikatsiinyi aspekt. Vcheni zapysky TNU imeni V. I. Vernadskoho. Seriia "Filolohiia. Zhurnalistyka", 35(6), 350–361. https://doi.org/10.32782/2710-4656/2024.6/54
Bashir, M. (2024). Corporate social responsibility and financial performance – the role of corporate reputation, advertising and competition. PSU Research Review, 8(2), 389–402. https://doi.org/10.1108/PRR-10-2021-0059
Bilyk, R. R., & Varvus, A. I. (2023). Sotsialna vidpovidalnist biznesu yak osnova bezpeky pidpryiemnytstva v suchasnykh umovakh. Ukrainskyi zhurnal prykladnoi ekonomiky ta tekhniky, 8(3), 318–323. https://doi.org/10.36887/2415-8453-2023-3-48
Borges, A., & Ramalho, N. (2024). A multi-level model integrating corporate social responsibility and political activity in the European Union: What are the institutional implications for foreign companies? Corporate Social Responsibility and Environmental Management, 31(5), 4265–4279. https://doi.org/10.1002/csr.2795
Borhan, N. (2025). Civic education as a pathway to inclusive societies: Exploring the role of education in fostering civic and social engagement. Organisation for Economic Co-operation and Development. OECD Education Working Paper, (326). https://one.oecd.org/document/EDU/WKP(2025)3/en/pdf
Building trust to reinforce democracy: Main findings from the 2021 OECD Survey on Drivers of Trust in Public Institutions. (2022). OECD Publishing Paris. https://doi.org/10.1787/b407f99c-en
Chen, C.-C., Khan, A., Hongsuchon, T., et al. (2021). The role of corporate social responsibility and corporate image in times of crisis: The mediating role of customer trust. International Journal of Environmental Research and Public Health, 18(16). https://doi.org/10.3390/ijerph18168275
Cherniavskyi, I. Yu. (2024). Pidvyshchennia sotsialnoi vidpovidalnosti pidpryiemstv u rakursi rozvytku intelektualnoho kapitalu. Ekonomika ta suspilstvo, (68). https://doi.org/10.32782/2524-0072/2024-68-131
Collection of studies on corporate social responsibility prepared by Policy Department C for JURI Committee. (2024). European Parliament. https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/762537/IPOL_BRI(2024)762537_EN.pdf
CSR Ukraine. (n.d.). Model KSV dlia kompanii pid chas viiny. https://csr-ukraine.org/news/model-ksv-dlya-kompaniy-pid-chas-viyni
Gerged, A. M., Kehbuma, K. M., & Beddewela, E. S. (2024). Corporate social responsibility disclosure and corporate social irresponsibility in emerging economies: Does institutional quality matter? Business Ethics, the Environment & Responsibility, 10, 1–19. https://doi.org/10.1111/beer.12683
Hamad, H. A., & Cek, K. (2023). The moderating effects of corporate social responsibility on corporate financial performance: Evidence from OECD countries. Sustainability, 15(11). https://doi.org/10.3390/su15118901
Hwang, J. (2024). Corporate social responsibility (CSR) and brand image. International Journal of Science and Research Archive, 13(2), 1569–1578. https://doi.org/10.30574/ijsra.2024.13.2.2348
Irshak, O. S., Kolomiiets, O. L., & Cherepanin, A. I. (2024). Vydy korporatyvnoi sotsialnoi vidpovidalnosti v konteksti dosiahnennia Tsilei staloho rozvytku. Ekonomika ta suspilstvo, (59). https://doi.org/10.32782/2524-0072/2024-59-13
Kuznietsova, A., Semiv, L., & Skrynnyk, Z. (Eds.). (2019). Sotsialna vidpovidalnist suspilnykh instytutiv: innovatsiinyi ta sotsialno-humanitarnyi aspekt. Kyiv: DVNZ "Universytet bankivskoi spravy".
Lunkina, T. I., Dranus, L. S., & Dranus, V. V. (2024). Korporatyvna sotsialna vidpovidalnist: osnovni etapy rozvytku. Infrastruktura rynku, (79), 161–166. https://doi.org/10.32782/infrastruct79-27
Malynovskyi, Yu. V., Musianovych, O. A., Bytiak, V. Yu., & Dubravskyi, A. V. (2024). Intehratsiia korporatyvnoi sotsialnoi vidpovidalnosti u protses orhanizatsiinykh zmin na pidpryiemstvakh u konteksti yevrointehratsii. Ahrosvit, (10), 92–98. https://doi.org/10.32702/2306-6792.2024.10.92
Myronyk, B. M., Sliusarenko, K. V., & Hrybyk, I. I. (2025). Korporatyvna sotsialna vidpovidalnist yak instrument staloho rozvytku pidpryiemstva: suchasni tendentsii ta vyklyky. Naukovi perspektyvy, (2), 960–987. https://doi.org/10.52058/2708-7530-2025-2(56)-960-987
Pakhota, N. V., & Shurak, L. Ia. (2024). Korporatyvna sotsialna vidpovidalnist biznesu pid chas viiny v Ukraini. Prychornomorski ekonomichni studii, (87), 161–165. https://doi.org/10.32782/bses.87-25
Payspace Magazine Awards. (2024). Naikrashchyi KSV proiekt. https://psm7.com/awards-2024/nomination/company/csr
Reisinger, A., & Szab?, R. Z. (2024). The event-driven social responsibility in small and medium-sized enterprises. Corporate Social Responsibility and Environmental Management, 31(5), 3927–3939. https://doi.org/10.1002/csr.2775
Saprykyna, M. (n.d.). Sotsialna vidpovidalnist stae nevidiemnoiu chastynoiu rozvytku ta stalosti biznesu. CSR Ukraine. https://csr-ukraine.org/articles/socialna-vidpovidalnist-staie-nev
Serikova, O. M. (2022). Korporatyvna sotsialna vidpovidalnist biznesu v umovakh viiny v Ukraini: natsionalnyi i hlobalnyi vymiry. Biznes Inform, (6), 94–100. https://doi.org/10.32983/2222-4459-2022-6-94-100
Sesena, H., & Gundogdu, A. (2023). Corporate social responsibility, corporate reputation and corporate image: Testing a mediational model. International Journal of Business, 28(1). https://doi.org/10.55802/IJB.028(1).003
Singh, K., & Misra, M. (2021). Linking corporate social responsibility (CSR) and organizational performance: The moderating effect of corporate reputation. European Research on Management and Business Economics, 27(1). https://doi.org/10.1016/j.iedeen.2020.100139
Sova, O. Yu., & Kuznietsov, V. D. (2024). Evoliutsiia systemy korporatyvnoi sotsialnoi vidpovidalnosti. Biznes-navigator, (2), 149–153. https://doi.org/10.32782/business-navigator.75-25
Sova, O., Voliak, L., & Khmurova, V. (2023). Rationales for efficient and effective green financing under emergency rule. Akademichnyi ohliad, (2), 90–102. https://doi.org/10.32342/2074-5354-2023-2-59-6
Varlamova, M. L., & Sarkisian, L. H. (2024). Korporatyvna sotsialna vidpovidalnist yak rushii staloho rozvytku v YeS. Biznes Inform, (12), 42–48. https://doi.org/10.32983/2222-4459-2024-12-42-48
Zakharkina, L. S., & Novikov, V. M. (2021). Ohliad tendentsii rozvytku sotsialno vidpovidalnoho biznesu v YeS. Visnyk SumDU. Seriia "Ekonomika", (1), 289–294. https://doi.org/10.21272/1817-9215.2021.1-32
Zvonar, V. P., Diakonenko, O. I., & Sova, O. Yu. (2022). Zakonomirnosti formuvannia sotsialnoho kapitalu v Ukraini: teoretychni zasady i mizhnarodnyi kontekst. Demohrafiia ta sotsialna ekonomika, (3), 102–122. https://doi.org/10.15407/dse2022.03.102

FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

INFORMATION

The Plan of Scientific Conferences

OUR PARTNERS

Journal «The Problems of Economy»

The site and its metadata are licensed under CC BY-SA.

Write to webmaster