scholarly journals Conversion of Social Capital in Ukraine: Contradictions, Principles and Prospects

2021 ◽  
pp. 63-79
Author(s):  
T. A. ZAIATS ◽  
V. L. ZHAKHOVSKA

The article is devoted to theoretical problems of social capital conversion in modern conditions based on modern ideas and taking into account the specifi cs of social capital formation in Ukraine in recent years as well as the latest achievements of social practices in European countries. The article is relevant due to the need to accelerate the processes of social capitalization and its conversion into open productive forms for social consensus, social development and economic growth. The novelty of the study lies in the formation of a system of views on the nature of social conversion, its contradictions, identifi ed on the basis of systematization of existing relationships and interdependencies in this area, as well as substantiation of models to minimize possible negative consequences for society. The positions of social capital in the structure of total capital, its connection with natural, physical, fi nancial and human capital are conceptually defi ned, and the leading role of open social capital in the formation of a democratic society is proved. The specifi cs of the conversion of social capital in comparison with other forms of capital are revealed. It is established that currently the contradiction between national and corporate social capital is gaining signs of stability. The basic principles and methods of conversion of social capital, adequate to the conditions of formation of a democratic society, are substantiated. Based on the assessment of real trends in socio-economic development and common social practices, three possible models of minimizing the contradictions that arise during the conversion of domestic social capital are proposed, each of which is subject to specifi c tasks and achieving certain development goals. The model of mobilization adaptation is based on the formation of new values in society, norms by public authorities using mostly ideological resources of infl uence on the basis of authority and trust in it by citizens. The model of modernization is focused on updating the statutory norms and rules through their approximation to real economic needs and social practices in accordance with the notion that any law is a normalized ingrained tradition. The model of compromise solutions involves achieving a balance between formal and informal norms in order to achieve a synergistic eff ect from the conversion of social capital.

2021 ◽  
Vol 20 (1(47)) ◽  
pp. 70-97
Author(s):  
V. Borshch ◽  
O. Zhmai

The article examines the leading enterprises of the energy sector of Ukraine, their mission, purpose and specifics. A comparative analysis of the activities of the leading enterprises of the energy sector of Ukraine in 2019 in the field of corporate social responsibility. The implemented measures are compared with the goals of sustainable development of the UN. The importance of leading companies in the energy sector for the formation and development of corporate social responsibility practices is noted. The relationship of actions taken by the organization with its intangible assets (business reputation, image, brand) is considered. The importance of interaction with stakeholders for the development of the company is noted. According to the results of the comparison, the most important goals of sustainable development for the leaders of the Ukrainian energy industry have been identified. Emphasis is placed on the leading role of corporate social responsibility of big business for the development of both the individual organization and the energy sector as a whole.


2018 ◽  
Vol 34 ◽  
pp. 79-89
Author(s):  
Mónica Gómez Salazar

This paper argues the thesis that education should be understood as a guide that directs the young people towards reflexive and imaginative social practices that allow them to formulate new and varied hypotheses as well as alternative justifications. Based on Dewey, we will expose that a goal such as this is only applicable to members of a democratic society. Next, we present some features of onto-epistemological pluralism in relation to freedom and responsibility. It is concluded that there is no justification that is closer to truth or reality. The relevance of a justified belief with good reasons lies in its practical consequences for specific conditions of existence.


2021 ◽  
Vol 13 (15) ◽  
pp. 8503
Author(s):  
Henrik Skaug Sætra

Artificial intelligence (AI) now permeates all aspects of modern society, and we are simultaneously seeing an increased focus on issues of sustainability in all human activities. All major corporations are now expected to account for their environmental and social footprint and to disclose and report on their activities. This is carried out through a diverse set of standards, frameworks, and metrics related to what is referred to as ESG (environment, social, governance), which is now, increasingly often, replacing the older term CSR (corporate social responsibility). The challenge addressed in this article is that none of these frameworks sufficiently capture the nature of the sustainability related impacts of AI. This creates a situation in which companies are not incentivised to properly analyse such impacts. Simultaneously, it allows the companies that are aware of negative impacts to not disclose them. This article proposes a framework for evaluating and disclosing ESG related AI impacts based on the United Nation’s Sustainable Development Goals (SDG). The core of the framework is here presented, with examples of how it forces an examination of micro, meso, and macro level impacts, a consideration of both negative and positive impacts, and accounting for ripple effects and interlinkages between the different impacts. Such a framework helps make analyses of AI related ESG impacts more structured and systematic, more transparent, and it allows companies to draw on research in AI ethics in such evaluations. In the closing section, Microsoft’s sustainability reporting from 2018 and 2019 is used as an example of how sustainability reporting is currently carried out, and how it might be improved by using the approach here advocated.


2021 ◽  
Vol 13 (7) ◽  
pp. 3748
Author(s):  
Rachel Shields ◽  
Samer Ajour El Zein ◽  
Neus Vila Brunet

There is a growing demand for sustainable business practices and for sustainable and impact investment as has been signaled by the Sustainable Development Goals ratified by all the United Nations members. However, there is not that much evidence on how sustainable investments perform during crises compared to regular investments. This paper investigates if sustainable investments within the NASDAQ have a lower volatility rate when reacting to a significant global crisis such as the COVID-19 pandemic. It groups the shares of businesses with Corporate Social Responsibility (CSR) practices that are ranked 70% or higher given by CSRHub, Inc. and compares it to business shares with the lowest-ranked CSR business practices at 30% or lower. The top 30% and bottom 30% CSR stocks’ volatility will be predicted using variations of the GARCH model. The top 30% CSR stocks of the NASDAQ had a lower rate of volatility for a global crisis than the bottom 30% CSR stocks. Technology is the only sector whose top 30% showed higher volatility. However, the top 30% of companies in the Health Care and Utilities sectors show a higher increase in returns and a lower drop in returns. These results signal the higher uncertainty associated with some cutting-edge products and services offered by the top 30% of technology companies and the preference for more established companies that offer higher quality services when it comes to satisfying basic needs such as health and utilities in difficult times.


2021 ◽  
Vol 296 (4) ◽  
pp. 7-13
Author(s):  
Denys GIULMAGOMEDOV ◽  

At the present stage of development, organizations play a leading role in society. Organizations are multifaceted and widely represented in various forms, such as enterprises, non-profit organizations, public authorities, associations of citizens or communities, international legal, economic, social institutions, police or security agencies, scientific societies, and so on. Most organizations today operate in a competitive environment that requires them to constantly develop and improve. The winner is the one who acts prudently and effectively. In this aspect, the strategic management of the organization’s development is critical to its existence in a competitive environment in the long run. The article substantiates the difference between the dynamics of organizational development of pre-trial investigation bodies from business organizations due to the lack of competition as the main determinant of such development. A comparative analysis of the definitions of strategy, strategic management and organizational development is presented in order to identify the specifics of strategic management of organizational development. Through a systematic analysis of regulations that define the main tasks of pre-trial investigation bodies, the strategic goals of such bodies are identified, which should be taken into account when developing their development strategy. On the basis of the presented material the author’s definition of the concept of strategic management of development of bodies of pre-judicial investigation is offered. Based on the analysis, the European Foundation for Quality Management and 7s McKinsey’s contemporary evaluation models identify the main trends in organizational development, which in the future should be taken into account by pre-trial investigation bodies when developing their own development strategies. Conclusions are made about the prospects of further research in this direction.


Author(s):  
David Katamba ◽  
Cedric Marvin Nkiko ◽  
Charles Tushabomwe-Kazooba ◽  
Sulayiman Babiiha Mpisi ◽  
Imelda Kemeza ◽  
...  

Purpose – The purpose of this paper is to present corporate social responsibility (CSR) as an alternative roadmap to accelerating realization of Millennium Development Goals (MDGs) in Uganda, even after 2015. Design/methodology/approach – Using a mixed research methodology, this research documented CSR activities of 16 companies operating in Uganda. Data collection was guided by quantitative and qualitative methodologies (semi-structured interviews with CSR managers, plus non-participant observation of CSR activities and projects linked with MDGs). Triangulation was used to ensure credibility and validity of the results. For data analysis, the authors followed a three-stepwise process, which helped to develop a framework within which the collected data could be analyzed. For generalization of the findings, the authors were guided by the “adaptive theory approach”. Findings – Uganda will not realize any MDGs by 2015. However, CSR activities have the potential to contribute to a cross-section of various MDGs that are more important and relevant to Uganda when supported by the government. If this happens, realization of the MDGs is likely to be stepped up. CSR's potential contributions to the MDGs were found to be hindered by corruption and cost of doing business. Lastly, MDG 8 and MDG 3 were perceived to be too ambiguous to be integrated into company CSR interventions, and to a certain extent were perceived to be carrying political intentions which conflict with the primary business intentions of profit maximization. Practical implications – Governments in developing countries that are still grappling with the MDGs can use this research when devising collaborations with private-sector companies. These documented CSR activities that contribute directly to specific MDGs can be factored into the priority public-private partnership arrangements. Private companies can also use these findings to frame their stakeholder engagement, especially with the government and also when setting CSR priorities that significantly contribute to sustainable development. Originality value – This research advances the “Post-2015 MDG Development Agenda” suggested during the United Nations MDG Summit in 2010, which called for academic and innovative contributions on how MDGs can be realized even after 2015.


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