Keywords:business community, corporations, social functions, social investments, social outcome, social responsibility, socialization of business
Citation: Vasiliy Lyubinin (2010). Socialization of Business as a Necessary Condition for Effective Development of Economy. Russian Journal of Entrepreneurship, 11(5), 126-130. — url: http://bgscience.ru/com/lib/2296
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Abstract:
In developed countries, corporate social responsibility is a necessary and indispensable condition of doing business, whereas in Russia it is just being introduced. In order to stimulate this process, the state has to undertake a system of actions, aimed at broadening the circle of participation in the corporate social responsibility.