Social Entrepreneurship and Corporate Social Responsibility

Social Entrepreneurship and Corporate Social Responsibility

Social entrepreneurship and corporate social responsibility (CSR) are becoming a crucial component of discussions, a subject of great controversy and criticism of a global nature, since the international community expects businesses not only to produce goods of appropriate quality at low prices, but also to take into account the interests of society on social, economic and ecological development issues. For realization of these qualitative directions the important role is played by international organizations which have serious influence on formation and development of traditional entrepreneurship and charity.

Considerable attention is paid to the analysis of documents of international organizations, which contain recommendations for a rational approach to entrepreneurship.

The vast majority of large corporations in the global economy move out from the principle of “profit at any price” and move to the side of society to realize their opportunities in the development of social entrepreneurship in the interests of people and nature. It substantiates the idea that large companies in the global economy should mobilize a global movement for the ultimate implementation of unified ethical principles in the field of streamlining labor relations, environmental conservation and anti-corruption in order to optimize social entrepreneurship and corporate business responsibility.