Creating Value For Business and Society: Corporate Social Performance
of Russian Companies
Abstract
The article presents the overview and the main findings of the “Report on Social Investments in Russia — 2014: Creating Value for Business and Society”. Based on the analysis of data provided by the group of 60 leading Russian companies, the article discovers the peculiarities of CSR concepts interpretation by Russian businesses as well as the main features of the related strategies’ purposes, corporate social performance management, and the stakeholder interactions. The article concludes that the CSR development in Russian business is generally in line with the global trend of making corporate social performance more strategic and value creation for business and society oriented, but the manifestations of this trend in Russia are uneven and controversial.
Keywords:
corporate social responsibility, corporate social investments, creating value for business and society
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Articles of the Russian Management Journal are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.