Developing corporate social responsibility in the face of the COVID-19 pandemic

  • Received June 22, 2021;
    Accepted August 20, 2021;
    Published December 15, 2021
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  • Article Info
    Volume 11 2021, Issue #1, pp. 31-42

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The paper presents the results of the study of the manifestations, trends of business social responsibility during the pandemic and gives the dominant directions of its practical implementation. The paper provides the results of the analysis of the evolutionary development of views and approaches to theoretical and conceptual understanding of corporate social responsibility. The impact of business social responsibility on the results of its activities and the quality of relationships with stakeholders is revealed. A study was also conducted on the transformation of directions and tools for the practical implementation of CSR initiatives before and during the spread of the pandemic. Potential directions for establishing a constructive conversation business structure with society, which will have a positive impact on the success and stability of the business, as well as on social development in the current environment have been identified. A study was carried out to evaluate the perception of the social responsibility by domestic business organizations and awareness of its trends, and the need for its implementation and advantages. A comparative analysis of the development of corporate social responsibility in the world and in Ukraine has been conducted. Trends and mechanisms that have a transformational impact on the formation and implementation of CSR in modern conditions of development are identified. The priority vectors of CSR programs of international business entities in the face of a pandemic are outlined. The necessity of developing a business process management model based on corporate and social responsibility tools has been formulated, taking into account the desire of business to conduct successful activities in a highly dynamic global environment.
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    • Table 1. Обсяг соціальних інвестицій компаній
    • Conceptualization
      Nataliia Riabets
    • Data curation
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    • Methodology
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    • Project administration
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    • Resources
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    • Supervision
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    • Writing – original draft
      Nataliia Riabets
    • Writing – review & editing
      Nataliia Riabets