Integration of Corporate Social Responsibility Into the Corporate Strategy

Kamyshnykova, Evelina

doi:10.35774/econa2017.01.199

Cited by 2 publications

(1 citation statement)

References 3 publications

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“…Issues of strategic management of corporate approaches to enterprise management based on business models become especially relevant at the macro level. In particular, E. Kamishnikova, (2017) points out one of the priority areas of cooperation with key stakeholder groups to choose the introduction of the concept of corporate social responsibility (CSR) into the overall enterprise strategy [2].…”

Section: Introductionmentioning

confidence: 99%

6D-model of business valuation management: actuarial aspect

Luchyk¹,

Manachynska²,

Yevdoshchak³

et al. 2019

Proceedings of the 6th International Conference on Strategies, Models and Technologies of Economic Systems Management (SMTESM 2

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The article is devoted to new trends and tasks of managing economic business value by the means of multidimensional innovation accounting model under the terms of integration strategies implementation. 6D model of business value management is offered on the basis of actuarial accounting and accountancy with the help of convolution block of 3D, 4D, 5D-formats of accounting interpretation of the results of financial and economic activity of market entity. The first block of the model in 3 D-format contains traditional financial accountancy transformed in 3D based on foreign approach involving high-quality human resources for the specified procedure. The second one is 4D format (3D + time) which consists of actuarial accountancy to an appropriate perspective (time lag (t). The 5D format of accounting information parameterization is proposed for the third block, which includes the development of a system for assessing business value based on the 4D model and provides an increase in its level of investment prospects in the financial market. The proposed 6D model includes investments and effective management system involved in business development by financial resources. Presented multidimensional model of business value management based on an actuarial basis can be used by business entities to emerge financial crisis regardless of the economy sector of Ukraine. The calculated results of accounting and information content of the 6D-model can be used in the decision-making system as a complete foundation for the development of integration strategies of enterprises, as well as an effective lever for attracting the necessary amount of investment in their socioeconomic development.

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Section: Introductionmentioning

confidence: 99%

6D-model of business valuation management: actuarial aspect

Luchyk¹,

Manachynska²,

Yevdoshchak³

et al. 2019

Proceedings of the 6th International Conference on Strategies, Models and Technologies of Economic Systems Management (SMTESM 2

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Analysis of Environmental Aspects of Corporate Social Responsibility In Associations of Enterprises of Ukraine

Kamyshnykova¹

2017

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Introduction. The growing relationship between economic, environmental and social aspects of companies’ activities, which corresponds to the concept of sustainable development, has become today's characteristic. Administration of the implementation of environmental measures within the framework of the concept of corporate social responsibility (CSR) is an important task for modern management. Purpose. The article aims to develop theoretical bases on the environmental aspects of CSR in market conditions, to carry out the analysis of their implementation in the practice of domestic groups of enterprises and to improve the practical recommendations for improving the environmental component of CSR. Results. It has been substantiated that the concept of ecological responsibility is inextricably linked with the concept of CSR. It has been proved that a large business represented by big enterprises integrated into combinations of national origin or international corporate groups is the main subject of environmental initiatives in Ukraine. The state, problems and advantages of the development of CSR environmental aspects in Ukraine have been analysed. The range of assessment tools used by Ukrainian business entities to track the effectiveness of environmentally responsible CSR measures has been described. Measures to increase the effectiveness of environmentally responsible CSR practices for enterprises and their combinations have been proposed. They include the integration of environmental values into the mission and vision of companies, the formation of a managers’ team for the implementation of environmental projects, the environmental audits conduction, the priority of those projects where ecological effect is combined with business interests, the introduction of innovative forms of CSR, the implementation of vertical and horizontal environmental investments within the framework of business combinations.

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Integration of Corporate Social Responsibility Into the Corporate Strategy

Cited by 2 publications

References 3 publications

6D-model of business valuation management: actuarial aspect

6D-model of business valuation management: actuarial aspect

Analysis of Environmental Aspects of Corporate Social Responsibility In Associations of Enterprises of Ukraine

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