Corporate Social Responsibility as a Tool for Governance of Sustainable Development Economy: Digitalization and Pandemic (COVID-19)
- https://doi.org/10.2991/aebmr.k.210218.024How to use a DOI?
- social responsibility, sustainable development economy, digitalization, pandemic, non-financial reporting of CSR
It is proposed to use corporate social responsibility (CSR) as a management tool of sustainable development economy, which is aimed at its investment attractiveness and minimization of the negative consequences of the COVID-19 pandemic. The relevance of CSR activation is proved, basing on the analysis of indices of general tendencies of economic, ecologic, social development and modified Human Development Index of Ukraine in 2007 – 2017. They are computed by the method of the main components, sliding matrix and additive model. Results of the analysis have confirmed the low effectiveness level for the national economy management, as well as the low interest of business in solutions of social issues of the society. The adaptive structure of non-financial reporting of CSR for companies was developed and recommended for implementation. It will facilitate the improvement of the process of public reports preparation, greater transparency of corporations, broadening of the practice of its realization, greater interest of business, creation of the appropriate conditions for the sustainable development of the national economy.
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Oksana Bondar-Pidhurska AU - Alla Glebova AU - Nadiia Konovalova PY - 2021 DA - 2021/02/19 TI - Corporate Social Responsibility as a Tool for Governance of Sustainable Development Economy: Digitalization and Pandemic (COVID-19) BT - Proceedings of the 5th Asia-Pacific Conference on Economic Research and Management Innovation (ERMI 2021) PB - Atlantis Press SP - 125 EP - 131 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210218.024 DO - https://doi.org/10.2991/aebmr.k.210218.024 ID - Bondar-Pidhurska2021 ER -