Keywords: corporate social responsibility, entrepreneurial activity, social activity.


Topicality. Mutual determination of economic, political, scientific and technical, social, resource, ecological and other elements of the business environment, deepening of internal relations caused the development of the forms and content of firms’ social activities of, as well as its conceptual substantiation and evaluation. Integration of Ukraine's economy into the international economic space and the effective interaction of domestic business structures with the actors of world markets should take into account a number of socio-economic conditions and challenges, among which the processes of socialization of entrepreneurship occupy a decisive place that determines the relevance of this paper.
Aim and tasks. The purpose of the study is analyzing the current trends of the corporate social responsibility concept, the directions of the evaluation of its implementation and effectiveness in accordance to existing criteria and world practices. The results of the study have theoretical and applied value and can be used for research purposes and for the Ukrainian business sector improvement strategy development.
Research results. The transformation of the CSR concept reflects the implementation of a more pragmatic approach to the relationship between social issues and business processes strategic management. The social activity is considered as a lever of employees’ contradictions and conflicts managing, the human resources quality improving, regional and local development, environmental issues solving. Structurally, corporate social responsibility reflects the economic, legal, ecological, ethical and philanthropic demands of society to business. New trends in CSR have been institutionalized into corporate and industrial codes, multi-stakeholders’ initiatives, and private companies’ standards, with appropriate monitoring of requirements and outcomes.
Conclusion. The concept and practice of corporate social responsibility is quite "broad", the manifestation of which is determined by the scale of activity, company size, society's expectations at a specific time, etc. Actually, new economic and social norms and indicators of the business structures' performance were developed. CSR in Ukraine is in the stage of formation, its new forms and manifestations are developing, the structure is getting complicated. In order to enhance the long-term business competitiveness through the practices of responsible attitude towards its employees, consumers and other stakeholders different measures are to be applied: informative activities about importance of companies’ socially responsible behavior, promotion of best practices of its implementation and evaluation will provide systemic improvement of management processes.

Author Biographies


Doctor of Economic Sciences, Professor
Kherson State Agrarian University,
Stritenska St., 23, Kherson, Ukraine, 73006


PhD. Econ. Sciences, Associate professor
Kherson State Agrarian University,
Stritenska St., 23, Kherson, Ukraine, 73006


PhD. Econ. Sciences,
Kherson State Agrarian University,
Stritenska St., 23, Kherson, Ukraine, 73006


1. Vasylchuk, I.P. (2015). Teoretyko-metodologichni zasady j evolyuciya koncepciyi socialno vidpovidalnogo investuvannya [Theoretical and Methodological Bases, Evolution of the Conception of Socially Responsible Investing]. BIZNESINFORM – BUSINESSINFORM, 1, 21-28. Retrieved from [in Ukrainian].
2. Zhosan, G.V., & Savina, G.G. (2013). Socialna zvitnist pidpryyemstv xarchovoyi promyslovosti [Social Reporting of Food Industry Enterprises]. Visnyk Nacionalnogo universytetu vodnogo gospodarstva ta pryrodokorystuvannya. Seriya «Ekonomichni nauky». Zbirnyk naukovyx pracz – Bulletin of the National University of Water Management and Nature Management. Series "Economic Sciences". Collection of scientific works, Vol. 3 (63), 129-136 [in Ukrainian].
3. Impakt-investuvannya: vid $10 mlrd do $228 mlrd za try roky [Impact-investing: from $ 10 billion to $ 228 billion over three years]. (n.d.). Retrieved from [in Ukrainian].
4. Komarnyczkyj, I. F. & Galushka, Z. I. (2010). Socialna vidpovidalnist biznesu yak instrument upravlinnya suchasnym pidpryyemstvom [Social responsibility of business as a management tool for a modern enterprise]. Retrieved from htpp:// portal/soc_gum/znpen/2010_6/7_Social.pdf [in Ukrainian].
5. Novyj trend – socialne pidpryyemnycztvo [A new trend is social entrepreneurship]. (n.d.). www. Retrieved from 2018-12-05 [in Ukrainian].
6. Popov, Ye. (2019). Impakt-investyciyi yak nove pokolinnya biznesu: 5 sfer, de biznes zminyuye ukrayinski mista [Impact-investment as a new generation of business: 5 spheres where business changes Ukrainian cities]. (n.d.). www. Retrieved from [in Ukrainian].
7. Kolot, A. M., Grishnova O. A. (2012). Socialna vidpovidalnist: teoriya i praktyka rozvytku [Social responsibility: the theory and practice of development]. A. M. Kolota (Ed.). Kiev: KNEU [in Ukrainian].
8. Definition of corporate social responsibility (CSR) / Financial Times / Lexicon / (n.d.). www. Retrieved from
9. Green Paper: Promoting a European Framework for Corporate Social Responsibility (n.d.). www. Retrieved from 2001 Comission of the European Communities 37 p.
10. GRI (Global Reporting Initiative) (n.d.). www. Retrieved from
11. Growth. Sectors of the Social economy in the EU: Social enterprises. European Commission (n.d.). www. Retrieved from
12. Impact Investment (n.d.). www. Retrieved from 20_%20UNDP.pdf
13. ISO 26000 - Social responsibility (n.d.). www. Retrieved from
14. Logue, D., McAllister, G. and Schweitzer, J. (2017) Social Entrepreneurship and Impact Investing Report. Retrieved from 20Research%20Report_2017.pdf
15. Mazurkiewicz, P. Corporate Environmental Responsibility: Is a Common CSR Framework Possible? Retrieved from csrframework.pdf
16. The world’s largest corporate sustainability initiative (n.d.). www. Retrieved from
17. Overview of Corporate Social Responsibility (n.d.). www. Retrieved from for%20Social%20Responsibility%20%20Overview%20of%20Corporate%20So cial%20Responsibility-b.htm
18. Pandit, V., Tamhane, T. A closer look at impact investing (n.d.). www. Retrieved from
19. Rothaermel, Frank T. (2017) Strategic management. Third edition New York, NY: McGraw-Hill Education, 526.
20. What is CSR? (n.d.). www. Retrieved from
21. Zinchenko А., Saprykina М. (2017) CSR Development in Ukraine 2010-2018 Кyiv: Printing House ‘Yuston’, 52. Retrieved from