Actual problems of innovative economy and law

Journal "Actual problems of innovative economy and law" is included in category B for specialties: in the field of knowledge "Management and administration": 073, 076 (order of the Ministry of Education and Science of Ukraine dated 23.08.2023 No. 1035) and 071, 072, 075 (order of the Ministry of Education and Science of Ukraine dated 12.20.2023 No. 1543); in the field of knowledge "Social and behavioral sciences" 051 (order of the Ministry of Education and Science of Ukraine dated August 23, 2023 No. 1035); in the field of knowledge "Law" - 081 and "Public management and administration" - 281 (order of the Ministry of Education and Science of Ukraine dated 12.20.2023 No. 1543).
The journal is added to the List of printed scientific professional publications in the field of economic Sciences by the Ministry of education and science of Ukraine from КВ № 25436-15376ПР dated 13.01.2023.
The journal is indexed in the International Scientific Center of Index Copernicus International

Economic nature of social responsibility of agricultural entities

УДК: 338.43

DOI: https://doi.org/10.36887/2524-0455-2021-4-7

Деркач Олександр Валерійович
здобувач Харківського національного технічного університету сільського господарства імені Петра Василенка
ORCID ID: 0000-0002-3310-3271

The article considers the economic nature of social responsibility of agribusiness entities. It is revealed that in modern economic conditions the social responsibility of agribusiness entities is a system of views and different models for resolving economic conflicts of socio-economic development in the agricultural sector, which should be the basis of values, dominant attitudes of the modern business community. It is noted that the main importance of social responsibility is to ensure the stability of the socio-economic system by satisfying the interests of the external and internal environment in the agricultural sector. The scale of social activity in agrarian business can increase significantly if the state will encourage and stimulate it by creating a favorable socially safe environment for entrepreneurs. Social responsibility of agribusiness entities is an important tool for increasing the company’s reputation, public trust, investment attractiveness, capitalization and competitiveness of agricultural production. Research of objective bases and forms of social responsibility realization of agribusiness subjects is connected with necessity of defining functions and tendencies of agrarian production development. The practical implementation of the social responsibility concept of agribusiness entities on the basis of developing the most modern principles and methodological approaches to the organization of domestic agrarian business requires innovative decisions by management and changing the paradigm of owners’ thinking and management. Shifting key benchmarks to maximize profits and increase profitability to address social issues and intellectual capitalization of agricultural production in modern conditions is a major factor in achieving economic success and strengthening competitive positions in the market. The principles that allow to form the organizational and economic mechanism of its activation in increasing the competitiveness of agribusiness entities, efficiency, strategic coherence of elements and instruments of influence, the effectiveness of which is ensured by the fundamental principles of polystructurality, complementarity, institutional certainty.

Keywords: social responsibility, corporate social responsibility, entrepreneurship, business entities, agribusiness entities.

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The article was received 15.03.2021