Strategic Development of International Corporate Social Responsibility in Agribusiness

Introduction. The identification of the interdependent development of society and business contributed to the introduction of corporate social responsibility in entrepreneurship as a guarantee of obtaining from its activity not only an economic effect but also the stimulation of social and environme...

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Datum:2022
Hauptverfasser: Soloviova, Olha, Krasnyak, Olena, Cherkaska, Valeriy, Revkova, Anna
Format: Artikel
Sprache:Englisch
Veröffentlicht: Dr. Viktor Koval 2022
Online Zugang:https://ees-journal.com/index.php/journal/article/view/204
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Назва журналу:Economics Ecology Socium

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Economics Ecology Socium
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author Soloviova, Olha
Krasnyak, Olena
Cherkaska, Valeriy
Revkova, Anna
author_facet Soloviova, Olha
Krasnyak, Olena
Cherkaska, Valeriy
Revkova, Anna
author_sort Soloviova, Olha
baseUrl_str
collection OJS
datestamp_date 2023-01-01T12:58:40Z
description Introduction. The identification of the interdependent development of society and business contributed to the introduction of corporate social responsibility in entrepreneurship as a guarantee of obtaining from its activity not only an economic effect but also the stimulation of social and environmental development. After all, the development of society requires constant changes in the consumption of various types of goods and services under the condition of a safe level of ecology and agriculture as the basis of food security in society, which necessitates the stimulation of productive activities of corporate social responsibility in agrarian business and its serving industries. Aim and tasks. The aim of the study is an analysis of the strategic development of international corporate social responsibility in agribusiness. The main tasks are: to investigate the modern strategic directions of the development of corporate social responsibility, focusing on agrarian businesses, to identify problems and find resources to overcome them. Results. Strategies for the development of corporate social responsibility in business are generally formed in relation to the goals and directions of the development of business activity and aim, as a final result, to increase the level of development of business activity, society, and preservation and protection of the environment. Social, ecological, economic, intra-economic, and external strategic directions of CSR influence have been identified, with implementation carried out directly by enterprise employees or with the assistance of interested participants, or "stakeholders." An analysis of CSR business strategies was carried out with the aim of forming the optimal option for obtaining mutual benefits for all interested parties. It was determined that the relevant strategies do not have permanence and need improvement, correction, and adaptation in accordance with evolutionary changes in the development of society. Conclusions. The process of implementing CSR in business has a long-term nature and requires determining the optimal relationship between the chosen areas of social responsibility development in combination with the economic activity of business structures. The main directions of CSR development in agribusiness are assistance and promotion of the development and motivation of labor personnel; introduction of waste-free economic production; maintenance of relationships with clients; brand distribution; and environmental protection. The international direction of CSR is oriented in the direction of "green activity," affecting the reduction of the level of poverty and inequality.
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spelling oai:ojs2.www.ees-journal.com:article-2042023-01-01T12:58:40Z Strategic Development of International Corporate Social Responsibility in Agribusiness Soloviova, Olha Krasnyak, Olena Cherkaska, Valeriy Revkova, Anna corporate social responsibility, financial performance, international economy, agrarian business, strategic development. Introduction. The identification of the interdependent development of society and business contributed to the introduction of corporate social responsibility in entrepreneurship as a guarantee of obtaining from its activity not only an economic effect but also the stimulation of social and environmental development. After all, the development of society requires constant changes in the consumption of various types of goods and services under the condition of a safe level of ecology and agriculture as the basis of food security in society, which necessitates the stimulation of productive activities of corporate social responsibility in agrarian business and its serving industries. Aim and tasks. The aim of the study is an analysis of the strategic development of international corporate social responsibility in agribusiness. The main tasks are: to investigate the modern strategic directions of the development of corporate social responsibility, focusing on agrarian businesses, to identify problems and find resources to overcome them. Results. Strategies for the development of corporate social responsibility in business are generally formed in relation to the goals and directions of the development of business activity and aim, as a final result, to increase the level of development of business activity, society, and preservation and protection of the environment. Social, ecological, economic, intra-economic, and external strategic directions of CSR influence have been identified, with implementation carried out directly by enterprise employees or with the assistance of interested participants, or "stakeholders." An analysis of CSR business strategies was carried out with the aim of forming the optimal option for obtaining mutual benefits for all interested parties. It was determined that the relevant strategies do not have permanence and need improvement, correction, and adaptation in accordance with evolutionary changes in the development of society. Conclusions. The process of implementing CSR in business has a long-term nature and requires determining the optimal relationship between the chosen areas of social responsibility development in combination with the economic activity of business structures. The main directions of CSR development in agribusiness are assistance and promotion of the development and motivation of labor personnel; introduction of waste-free economic production; maintenance of relationships with clients; brand distribution; and environmental protection. The international direction of CSR is oriented in the direction of "green activity," affecting the reduction of the level of poverty and inequality. Dr. Viktor Koval 2022-12-31 Article Article Peer-reviewed Article application/pdf https://ees-journal.com/index.php/journal/article/view/204 10.31520/2616-7107/2022.6.4-5 Economics Ecology Socium; Vol. 6 No. 4 (2022): Economics. Ecology. Socium; 51-64 Економіка Екологія Соціум; Том 6 № 4 (2022): Economics. Ecology. Socium; 51-64 2616-7107 2616-7107 10.31520/2616-7107/2022.6.4 en https://ees-journal.com/index.php/journal/article/view/204/166 Copyright (c) 2022 Economics. Ecology. Socium
spellingShingle Soloviova, Olha
Krasnyak, Olena
Cherkaska, Valeriy
Revkova, Anna
Strategic Development of International Corporate Social Responsibility in Agribusiness
title Strategic Development of International Corporate Social Responsibility in Agribusiness
title_full Strategic Development of International Corporate Social Responsibility in Agribusiness
title_fullStr Strategic Development of International Corporate Social Responsibility in Agribusiness
title_full_unstemmed Strategic Development of International Corporate Social Responsibility in Agribusiness
title_short Strategic Development of International Corporate Social Responsibility in Agribusiness
title_sort strategic development of international corporate social responsibility in agribusiness
topic_facet corporate social responsibility
financial performance
international economy
agrarian business
strategic development.
url https://ees-journal.com/index.php/journal/article/view/204
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AT revkovaanna strategicdevelopmentofinternationalcorporatesocialresponsibilityinagribusiness