Corporate social responsibility approaches implementation, their impact on finansial results and competitiveness of forest sector enterprises

Maksymets Olena
Associate Professor, PhD, Associate Professor of the Department of Management of Foreign Economic Activities, Ukrainian National Forestry University, Lviv, E-mail: olena.maksymets@nltu.edu.ua, ORCID ID: https://orcid.org/0000-0001-8395-6195

Antosevych Ivan
Master's student of the Department of Management of Foreign Economic Activities, Ukrainian National Forestry University, Lviv, E-mail: AntosevychIvan@gmail.com, ORCID ID:

Cite this article:

Maksymets O., Antosevych I. (2023) Corporate social responsibility approaches implementation, their impact on finansial results and competitiveness of forest sector enterprises. Ed.: V.V. Kovalenko (ed.-in-ch.) and others [Doslidzhennia implementatsii pidkhodiv korporatyvnoi sotsialnoi vidpovidalnosti ta yikh vplyvu na finansovi rezultaty ta konkurentospromozhnist u kompaniiakh lisovoho sektoru; za red.: V.V. Kovalenko (gol. red.)], Scientific Bulletin of the Odessa National Economic University (ISSN 2313-4569), Odessa National Economics University, Odessa, No. 7-8 (308-309), pp. 134-144.

Abstract

The development of approaches to corporate social responsibility became urgent in the 1960’s. Problem awareness was caused by social changes and the movement against the global corporations. Having the legitimacy and research results, we continue to observe insufficiency in the dissemination of information and implementation in the performance indicators for the company. We have studied some theoretical aspects, conducted analysis and possibilities of implementing of CSR and GRI for the Lviv Regional Forestry and Hunting Administration / Western Inter-regional Forestry and Hunting Administration based on the study of foreign experience. Theoretical principles of CSR and the peculiarities of the reporting system of the Health and Human Services were studied. Critical assessment of CSR development stages and features of implementation along with GIS at the corporate level was conveyed. Approaches to the implementation of the corporate system were analyzed. Recommendations for the ways of CSR implementation and improvement have been determined. The research revealed problems for one of the most controversial industries - the forest sector of Ukraine.

Keywords

corporate social responsibility, forest sector, forest industry reform, competitiveness of industry enterprises.

JEL classification: M540, Р230, D810; DOI: 10.32680/2409-9260-2023-7-8-308-309-134-144

UD classification: 338.242:658.014.1

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