Corporate Social Responsibility in the Economic Security System of a Construction Enterprise
Year: 2025
Type: article
Abstract: . Corporate social responsibility (CSR) plays a key role in shaping the economic security of construction enterprises, as it helps to increase the trust of stakeholders, minimize risks and ensure sustainable development. The article examines the basic principles of CSR in the construction industry and their impact on the economic security of enterprises. It considers such aspects as a responsible attitude towards employees, environmental sustainability, transparency of activities, interaction with stakeholders and compliance with ethical standards in doing business. Special attention is paid to the social protection of employees as one of the important components of the economic security of a construction enterprise. It has been proven that ensuring proper working conditions, insurance, opportunities for professional development and compliance with labor rights reduces the level of staff turnover, increases labor productivity and contributes to the formation of a positive image of the company. The article analyzes the best international practices of social responsibility and their application in the construction industry. The impact of environmental responsibility on the economic security of enterprises is studied. The use of energy-efficient technologies, rational use of resources, compliance with environmental standards and reduction of harmful impact on the environment helps to minimize financial risks associated with fines and sanctions, as well as increase the competitiveness of the enterprise. The article also examines the relationship between CSR and investor confidence. Enterprises that implement socially responsible initiatives have more opportunities to attract investments, as they demonstrate stability, transparency and orientation towards long-term development. The results of the study confirm that the integration of the principles of corporate social responsibility into the strategy of a construction enterprise is a necessary condition for its economic security. The implementation of effective social, environmental and ethical standards allows to minimize risks, increase consumer loyalty and strengthen the company's market position.
Source: Building production
Authors: Ya. Loktionova, O. Matsapura, A. Moholivets
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4407965684