Promoting of CSR Principles in the Conditions of Unstable Development of the Russian Economy

Abstract

Private business plays an important role in solving the acute problems arising in the social, economic and environmental areas of the Russian society. The scale and social importance of the activities of modern companies require them to be more socially responsible. Corporate social responsibility (CSR) is becoming one of the basic principles of entrepreneurship. The aim of the article is to analyze the state of business CSR in the modern Russia in the conditions of unstable economic development. On the basis of a comprehensive comparative analysis of the results of theoretical research of domestic and foreign scientists, the author settles scientific statements about the nature of CSR and its main characteristics. The trends and major issues of CSR are defined. The effect of the economic crisis on the development of CSR principles in Russia, including the "fair pricing" principle, is analyzed. The study substantiates the main directions of cooperation support in the form of intersectoral social partnership. The conclusion about the necessity of state support and encouragement of business CSR development is made.

DOI: 10.5901/mjss.2015.v6n6p416