Corporate Social Responsibility Practices and their Application

Nosova Olga Valentinovna(1),


(1) Banking University, Karkov Institute, Ukraine

Abstract

In world practice of the concept of CSR business has become synonymous with the concept of an effective and transparent business with sustainability effects. Multinational companies prove a more positive public image, enhance profitability models, and show the benefits and values of the company’s activities and corporate investments in the society (of the country). The aim of this article is to identify the factors affecting on the development of CSR in Germany and proposes the development of policies to encourage the adoption of CSR practices in Ukraine. The research method used in this study will consist of a critical review of the scholarly and refereed literature and will be based on the use of comparative economic analysis models of corporate governance and CSR. The authors suggest that analysis of the basic features of German CSR model could be applied for emerging economies.

Keywords

corporate social responsibility, corporate practices, social partnership programs

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References

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DOI: https://doi.org/10.35932/ijcsrem.v1i1.13

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