Financial Analytics: Science and Experience

Business social responsibility: World trends and domestic characteristics

Vol. 10, Iss. 8, AUGUST 2017

Received: 23 June 2017

Received in revised form: 24 July 2017

Accepted: 27 July 2017

Available online: 15 August 2017


JEL Classification: E03, I31, J14

Pages: 895–911

Pashtova L.G. Financial University under Government of Russian Federation, Moscow, Russian Federation

Komel'kov M.V. Financial University under Government of Russian Federation, Moscow, Russian Federation

Importance The paper reveals the importance of researching the foundations of social business responsibility, the practice of applying this concept in Russia and abroad. The article deals with the most typical managerial problems of the constituent elements of corporate social responsibility.
Objectives The purpose of the article is to substantiate the importance of researching the principles and components of the social responsibility of business, reviewing the experience of foreign and Russian practices, and identifying trends and opportunities for the development of social business responsibility in Russia.
Methods The authors use analytical methods of research of social activity of Russian and foreign companies.
Results The analysis shows that in Russia, the most important internal constraining factor is the low level of social responsibility of companies' management.
Conclusions and Relevance When studying the material, it was found that the Russian practice of the CSR has not yet reached a sufficiently high level. But despite this, in the face of the ongoing economic crisis, the Russian companies do not reduce their socially-oriented costs.

Keywords: social responsibility, social protection, employed population, charity, corporate


  1. Verevkin L. [Social responsibility of business]. Monitoring obshchestvennogo mneniya = Monitoring of Public Opinion, 2010, no. 1, pp. 37–48. URL: file/monitoring/2010/95/2010_1(95)_3_Verevkin.pdf (In Russ.)
  2. Nikolaeva E.A. [The Concept of Social Responsibility of Business]. Obozrevatel' = Observer, 2012, no. 2, pp. 26–32. (In Russ.)
  3. Boravskaya T.V. Sotsial'no-ekologicheskaya otvetstvennost' biznesa [Socio-ecological responsibility of business]. (In Russ.) URL:
  4. Vasilenko E. [Social Responsibility of Business: World Practice and Russian Realia]. Vlast' = The Authority, 2006, no. 1, pp. 54–60. (In Russ.)
  5. Krichevsky N.A., Goncharov S.F. Korporativnaya sotsial'naya otvetstvennost' [Corporate social responsibility]. Moscow, Dashkov i K Publ., 2006, 195 p. URL:
  6. Korporativnaya sotsial'naya otvetstvennost': upravlencheskii aspekt: monografiya [Corporate social responsibility: management aspect: a monograph]. Moscow, KnoRus Publ., 2008, 504 p. URL:
  7. Korporativnye finansy i upravlenie biznesom: monografiya [Corporate finance and business management: a monograph]. Moscow, Rusains Publ., 2015, 380 p.
  8. Kostin A.E. Korporativnaya sotsial'naya otvetstvennost' i ustoichivoe razvitie biznesa v Rossii [Corporate social responsibility and sustainable business development in Russia]. URL: http: // (In Russ.)
  9. Kurinko R. Effektivnost' korporativnoi sotsial'noi otvetstvennosti dlya biznesa [Efficiency of corporate social responsibility for business]. URL: http: // (In Russ.)
  10. Nikolayev N.P. [Problems and Ways of Development of Corporate Social Responsibility in Russia]. Ekonomicheskie strategii = Economic Strategies, 2012, no. 6-7, pp. 14–20. (In Russ.)
  11. Perekrestov D.G., Povarich I.P., Shabashev V.A. Korporativnaya sotsial'naya otvetstvennost': voprosy teorii i praktiki [Corporate Social Responsibility: Issues of Theory and Practice]. Moscow, Academy of Natural Science Publ., 2011, 437 p.
  12. Ponomarev S.V. Korporativnaya sotsial'naya otvetstvennost' v Evrope: chto nuzhno znat' predprinimatelyu, vykhodyashchemu na evropeiskie rynki [Corporate social responsibility in Europe: what an entrepreneur needs to know on entering the European markets]. Perm, EICC Publ., 2014, 37 p. URL:
  13. Saprykina O. [Methodical approaches to the evaluation of the effectiveness of corporate social responsibility and its accounting and analytical support]. RISK: resursy, informatsiya, snabzhenie, konkurentsiya = RISK: Resources, Information, Supply, Competition, 2012, vol. 2, pp. 384–394. URL: (In Russ.)
  14. Tikhonovich L. Blagotvoritel'nost' bankov v 2015 godu [Charity of banks in 2015]. URL: (In Russ.)
  15. Tumilevich E.N. [Building a System of Corporate Social Responsibility in the Company]. Rossiiskoe predprinimatel'stvo = Russian Journal of Entrepreneurship, 2012, iss. 23, pp. 30–37. URL: (In Russ.)
  16. Pletnev D., Barkhatov V. Business Success of Small and Medium Sized Enterprises in Russia and Social Responsibility of Managers. Procedia – Social and Behavioral Sciences, 2016, no. 221, pp. 185–193. URL: of_Small_and_Medium_Sized_Enterprises_in_Russia_and_Social_Responsibility_of_Managers doi: 10.1016/j.sbspro.2016.05.105
  17. Martínez J.B., Fernández M.L., Fernández P.M.R. Corporate Social Responsibility: Evolution through Institutional and Stakeholder Perspectives. European Journal of Management and Business Economics, 2016, iss. 25, pp. 8–14. URL: article/pii/S1019683815000591

View all articles of issue


ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

Journal current issue

Vol. 11, Iss. 2
May 2018