The System of Compliance Management of Corporate Social Responsibility

Pavel A. Kanapuhin (), Larisa M. Nikitina () and Dmitry V. Borzakov ()
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Pavel A. Kanapuhin: Voronezh State University
Larisa M. Nikitina: Voronezh State University
Dmitry V. Borzakov: Voronezh State University

A chapter in Economic Issues of Social Entrepreneurship, 2021, pp 299-311 from Springer

Abstract: Abstract Purpose: To develop methodological provisions of the management of corporate social responsibility (CSR) based on compliance management technologies. Methodology: The main research findings are based on general scientific methods of knowledge—analysis and synthesis, analogy, deduction and induction, and comprehensive approach. The information basis of the research is composed of international standards in compliance management and in the CSR management system, articles in scientific publications on the problems under consideration. Results: The management of corporate social responsibility is largely based on the control of compliance of company’s activities with formal and informal requirements of various groups of stakeholders. The main elements of the CSR compliance management system are objects and subjects of management, mechanism that ensures their effective interaction through consistent implementation of functions to prevent and identify risks of violation of assumed obligations in the field of CSR and respond to their consequences. The implementation of the compliance management system presents a complex institutional framework of CSR in a structured fashion and streamlines the processes related to fulfilment of voluntary and mandatory requirements for the sustainable maintenance of development of the company. Recommendations: The transformation of corporate social responsibility (CSR) based on compliance management technologies is impossible without the development of in-house compliance culture in the company that would form necessary behavior models related to perception and adequate response to requirements of stakeholders.

Keywords: Corporate social responsibility; Compliance; Compliance management; Compliance risks; Stakeholder (search for similar items in EconPapers)
JEL-codes: B (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-77291-8_28

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DOI: 10.1007/978-3-030-77291-8_28

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