Интегрированная отчетность, корпоративная социальная ответственность как фактор качества
Over the past few decades, the concept of corporate social responsibility (CSR) has been growing exponentially, and this suggests that this topic and its impact on the financial performance of the company, on its financial condition is becoming more relevant and, as a result, deserves closer attention of researchers. The relevance of the CSR problem is due to the fact that the rules that are required from business as a participant in the processes of production and consumption, oblige organizations to take into account the social and environmental areas of activity. In such circumstances, firms are beginning to find ways to combine social, economic and environmental performance in order to maintain competitiveness. The purpose of this work is to study the impact of corporate social responsibility on the financial performance of companies and identify the relationship between them. The results of the study show that there is a significant positive relationship between CSR and return on equity, as well as return on assets of the company. However, it is proved that the share price can not depend on whether the company follows the principles of CSR or not.
Sustainable development, declared at the World Summit in Rio de Janejro in 1992, gradually became a landmark of economic policy for numerous leading countries of the world. Initiative belongs not only to the states but also to private sector in the form of big companies that wish to demonstrate their sustainability and reliability as partners, including not only financial, but environmental and social successes.
In order to develop common approach for reflecting environmental and social activities in corporate reports an international sr=tandard was developed - Global reporting initiative (GRI).
The main aim of GRI is to attain sustaibnable economy in the global scale when companies ensure reaching of relevant economic, environmental and social indicators, as well as adequate level of management system and transparent reporting.
The article also contain characteristics of environmental component of non-financial reporting according to the international standard.
Corporate social responsibility is an important aspect of any organization. However, factors affecting the level of social responsibility are not fully understood. This work is devoted to identifying the impact of socio-economic development of the country on the average level of corporate social responsibility. On the basis of a sample of organizations in 6505 was carried out a descriptive and correlation analysis, and the results were compared with previous studies in this area.
The diversity represented in this book, not only in respect to author nationality, but also in theoretical and empirical approaches, reflects one of the most salient features of the European Communication Research and Education Association: Organisational and Strategic Communication Section’s identity. The spectrum of themes analysed in this collection – crisis communication, government communication, organisational communication and social media, corporate social responsibility, health media relations – demonstrates the range and vitality of organisational and strategic communication research in Europe.
Сorporate social responsibility (CSR) and sustainable business is one of the global trends. Abundance of corporate social responsibility ratings allows us to trace the relationship of this parameter with the financial and organizational results of the company. Current studies in this area are based on qualitative methods and small sample of firms that did not allow to give a clear answer about the presence or absence of the correlation. Correlation analysis of a large number of companies allowed us to reveal the relationship between the financial and organizational results of the company and its social responsibility level. One of the most significant results is the identification of a positive correlation between CSR level of revenue and long-term organization.
The article present of a model of sustainable development of the largest companies in the region and in the territory. The model allows evaluating the sustainable character of a company's development through comparison of the planned and real data, and to discover its non-balanced dynamics.
In this Chapter the author analyzes the process of formation of the regulatory foundations of occupational safety and health on the international level and in Russia, including the historical context, contemporary conceptual approaches to its regulation, its relation to the relevant international standards, peculiarities of the governmental policy in the field, corporate regulatory initiatives and respective pressing problems.
The present article aims to analyze the degree of modern business ethics practices like corporate social responsibility and corporate governance in Russian enterprises.
The paper examines the structure, governance, and balance sheets of state-controlled banks in Russia, which accounted for over 55 percent of the total assets in the country's banking system in early 2012. The author offers a credible estimate of the size of the country's state banking sector by including banks that are indirectly owned by public organizations. Contrary to some predictions based on the theoretical literature on economic transition, he explains the relatively high profitability and efficiency of Russian state-controlled banks by pointing to their competitive position in such functions as acquisition and disposal of assets on behalf of the government. Also suggested in the paper is a different way of looking at market concentration in Russia (by consolidating the market shares of core state-controlled banks), which produces a picture of a more concentrated market than officially reported. Lastly, one of the author's interesting conclusions is that China provides a better benchmark than the formerly centrally planned economies of Central and Eastern Europe by which to assess the viability of state ownership of banks in Russia and to evaluate the country's banking sector.
The paper examines the principles for the supervision of financial conglomerates proposed by BCBS in the consultative document published in December 2011. Moreover, the article proposes a number of suggestions worked out by the authors within the HSE research team.