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Systematization of Instruments of Social and Economic Responsibility of Enterprises: Theoretical Aspect
Authors: Dielini M. M.
Number of views: 473
The aim of the article is systematization of instruments for implementation of
social and economic responsibility of enterprises in Ukraine and theoretical
consideration of the presented instruments. The article studies basic views
on instruments of social responsibility of business. It is determined which
of them are more traditional, and which ones are the latest, that is up to
date. Thus, the traditional ones include: philanthropy, charity, sponsorship,
volunteering, patronship, monetary grants, equivalent financing. Based on
the understanding of the nature of social and economic responsibility of
business proposed by the author, to its instruments there can be attributed all
traditional instruments, except for volunteering that does not imply obtaining
funds for its activities and has only a social effect. There studied modern
instruments of business social responsibility, such as social investments,
socially responsible investments, social marketing, charity marketing, social
programs, social entrepreneurship, social reporting and social expertise,
fundraising, socially responsible approaches to doing business and supply
chain management. All of them can be regarded as instruments of social and
economic responsibility of business