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Corporate social responsibility in commercial business


Gennady Ivanov, Elena Mayorova
(about the authors)

Ivanov Gennady G. – Doctor of Science, Economics, Professor, Head of the Chair of Trade Policy (Plekhanov Russian University of Economics, Moscow)

Mayorova Elena A. – Senior Lecturer of the Chair of Trade Policy (Plekhanov Russian University of Economics, Moscow)

Published in:
Russian Journal of Entrepreneurship
– Volume 16, Number 20 (October, 2015)



Keywords: corporate social responsibility, trade, trade organization


Citation:
Gennady Ivanov, Elena Mayorova (2015). Corporate social responsibility in commercial business. Russian Journal of Entrepreneurship, 16(20), 3569-3582. doi: 10.18334/rp.16.20.2003


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Abstract:

An effective implementation of the concept of corporate social responsibility improves economic results of a commercial organization’s activity, that is primarily caused by the formation of a stable positive reputation which, for trading subject, depends largely on the buyers’ opinion. In this regard, the purpose of this article is to determine what components of corporate social responsibility of retail trade organizations are the most (least) significant for buyers. As a result of the research (poll), it was discovered that the most essential component of trade social responsibility, according to the buyers, is high quality of goods sold and services rendered, as well as fair policy in the area of human resource management. The least important feature of socially responsible retail trade organizations is, in buyers’ opinion, charitable work.








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