CORPORATE SOCIAL RESPONSIBILITY IN THE SYSTEM OF INTERACTION BETWEEN STAKEHOLDERS OF CONSTRUCTION ENTERPRISES

It is proved that at the present stage of economic transformation, the problem of ensuring the effectiveness of interaction with stakeholders, which affect all areas of business entities is exacerbated. The cooperation of stakeholders to ensure corporate social responsibility at construction enterpr...

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Main Authors: Volodymyr Velychko, Dmytro Prunenko, Evgeniy Grytskov
Format: Article
Language:English
Published: Izdevnieciba “Baltija Publishing” 2020-12-01
Series:Baltic Journal of Economic Studies
Subjects:
Online Access:http://baltijapublishing.lv/index.php/issue/article/view/926
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author Volodymyr Velychko
Dmytro Prunenko
Evgeniy Grytskov
author_facet Volodymyr Velychko
Dmytro Prunenko
Evgeniy Grytskov
author_sort Volodymyr Velychko
collection DOAJ
description It is proved that at the present stage of economic transformation, the problem of ensuring the effectiveness of interaction with stakeholders, which affect all areas of business entities is exacerbated. The cooperation of stakeholders to ensure corporate social responsibility at construction enterprises is of particular importance and requires solving the problems of the formation and implementation of corporate social responsibility in the system of interaction between stakeholders of construction enterprises. As a result of the analysis of existing scientific and methodological works, the need for the formation and implementation of corporate social responsibility in construction enterprises is determined, considering the peculiarities of interaction with stakeholders. The aim of the study is the formation of measures for the creation and implementation of corporate social responsibility at construction enterprises, considering the areas of interaction with stakeholders. The article solves the tasks of identifying stakeholders interacting with construction enterprises, substantiating theoretical approaches to determining corporate social responsibility of construction enterprises, assessing the level of influence of corporate social responsibility on the functioning of construction enterprises, taking into account the peculiarities of interaction with stakeholders . The indicators that form corporate social responsibility are identified, and the corresponding integral indicator is evaluated, which allows us to create a quantitative basis for making informed management decisions. The necessity of developing measures to increase the efficiency of the formation and use of corporate social responsibility at construction enterprises is established. The subject of the study is corporate social responsibility in the system of stakeholder relations of construction companies. The formation of the research methodology is based on the definition of stakeholders and corporate social responsibility, the use of classification (to form and determine stakeholder factors affecting corporate social responsibility of construction companies), analytical and expert evaluation method (to assess the general criterion of stakeholders' impact on corporate social responsibility construction companies). The purpose of the study is to form a quantitative basis for making sound management decisions on the formation and use of corporate social responsibility in the system of stakeholder relations of construction companies. The result of the study is to determine the directions and features of increasing the effectiveness of the formation and use of corporate social responsibility in construction companies in the system of stakeholder relations, which are developed based on the results of assessing the generalized criterion of stakeholder interaction on corporate social responsibility.
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spelling doaj.art-010beb048b8d40b589a403e1534952732022-12-21T20:03:16ZengIzdevnieciba “Baltija Publishing”Baltic Journal of Economic Studies2256-07422256-09632020-12-0165647210.30525/2256-0742/2020-6-5-64-72926CORPORATE SOCIAL RESPONSIBILITY IN THE SYSTEM OF INTERACTION BETWEEN STAKEHOLDERS OF CONSTRUCTION ENTERPRISESVolodymyr Velychko0Dmytro Prunenko1Evgeniy Grytskov2O. M. Beketov National University of Urban Economy in Kharkiv, UkraineO. M. Beketov National University of Urban Economy in Kharkiv, UkraineO. M. Beketov National University of Urban Economy in Kharkiv, UkraineIt is proved that at the present stage of economic transformation, the problem of ensuring the effectiveness of interaction with stakeholders, which affect all areas of business entities is exacerbated. The cooperation of stakeholders to ensure corporate social responsibility at construction enterprises is of particular importance and requires solving the problems of the formation and implementation of corporate social responsibility in the system of interaction between stakeholders of construction enterprises. As a result of the analysis of existing scientific and methodological works, the need for the formation and implementation of corporate social responsibility in construction enterprises is determined, considering the peculiarities of interaction with stakeholders. The aim of the study is the formation of measures for the creation and implementation of corporate social responsibility at construction enterprises, considering the areas of interaction with stakeholders. The article solves the tasks of identifying stakeholders interacting with construction enterprises, substantiating theoretical approaches to determining corporate social responsibility of construction enterprises, assessing the level of influence of corporate social responsibility on the functioning of construction enterprises, taking into account the peculiarities of interaction with stakeholders . The indicators that form corporate social responsibility are identified, and the corresponding integral indicator is evaluated, which allows us to create a quantitative basis for making informed management decisions. The necessity of developing measures to increase the efficiency of the formation and use of corporate social responsibility at construction enterprises is established. The subject of the study is corporate social responsibility in the system of stakeholder relations of construction companies. The formation of the research methodology is based on the definition of stakeholders and corporate social responsibility, the use of classification (to form and determine stakeholder factors affecting corporate social responsibility of construction companies), analytical and expert evaluation method (to assess the general criterion of stakeholders' impact on corporate social responsibility construction companies). The purpose of the study is to form a quantitative basis for making sound management decisions on the formation and use of corporate social responsibility in the system of stakeholder relations of construction companies. The result of the study is to determine the directions and features of increasing the effectiveness of the formation and use of corporate social responsibility in construction companies in the system of stakeholder relations, which are developed based on the results of assessing the generalized criterion of stakeholder interaction on corporate social responsibility.http://baltijapublishing.lv/index.php/issue/article/view/926stakeholderscorporate social responsibilityconstruction enterprisescorporate relations
spellingShingle Volodymyr Velychko
Dmytro Prunenko
Evgeniy Grytskov
CORPORATE SOCIAL RESPONSIBILITY IN THE SYSTEM OF INTERACTION BETWEEN STAKEHOLDERS OF CONSTRUCTION ENTERPRISES
Baltic Journal of Economic Studies
stakeholders
corporate social responsibility
construction enterprises
corporate relations
title CORPORATE SOCIAL RESPONSIBILITY IN THE SYSTEM OF INTERACTION BETWEEN STAKEHOLDERS OF CONSTRUCTION ENTERPRISES
title_full CORPORATE SOCIAL RESPONSIBILITY IN THE SYSTEM OF INTERACTION BETWEEN STAKEHOLDERS OF CONSTRUCTION ENTERPRISES
title_fullStr CORPORATE SOCIAL RESPONSIBILITY IN THE SYSTEM OF INTERACTION BETWEEN STAKEHOLDERS OF CONSTRUCTION ENTERPRISES
title_full_unstemmed CORPORATE SOCIAL RESPONSIBILITY IN THE SYSTEM OF INTERACTION BETWEEN STAKEHOLDERS OF CONSTRUCTION ENTERPRISES
title_short CORPORATE SOCIAL RESPONSIBILITY IN THE SYSTEM OF INTERACTION BETWEEN STAKEHOLDERS OF CONSTRUCTION ENTERPRISES
title_sort corporate social responsibility in the system of interaction between stakeholders of construction enterprises
topic stakeholders
corporate social responsibility
construction enterprises
corporate relations
url http://baltijapublishing.lv/index.php/issue/article/view/926
work_keys_str_mv AT volodymyrvelychko corporatesocialresponsibilityinthesystemofinteractionbetweenstakeholdersofconstructionenterprises
AT dmytroprunenko corporatesocialresponsibilityinthesystemofinteractionbetweenstakeholdersofconstructionenterprises
AT evgeniygrytskov corporatesocialresponsibilityinthesystemofinteractionbetweenstakeholdersofconstructionenterprises