Year: 2021
Type: article
Abstract: Purpose. To research the value principles of responsibility as an element of the economic security system of business entities in the context of sustainable development, to substantiate the socio-economic content of the business entities' responsibility. Methods. The analysis of the value principles of responsibility as an element of the economic security system of business entities is grounded on the methods of systematic and structural-functional analysis and the method of theoretical generalisation. Substantiation of the socio-economic content of business entities' responsibility is based on an institutional approach. Results. Emphasis is placed on the causality of business entities' social responsibility, which is manifested in the ability of the economic security system of business entities to self-organization. According to the study of the value principles of responsibility as an element of business entities' economic security, it is proved that in the context of sustainable development, consolidation of the constructive norms of business entities' responsibility is not subject to a unified logic of economic utility, go beyond economic determinism, and are postmaterial, individualized. Scientific novelty. The paper substantiates the socio-economic content of responsibility as an element of the economic security system of business entities based on the definition of the constructive components of the relationship of responsibility: target content, comparative content, and cognitive content. Practical significance. The results of the study form a scientific and practical core for improving the mechanisms of business entities' economic security and the regulatory legal framework of social responsibility in ensuring the sustainable development of the economic system
Source: Economical
Author: Nataliya Dalevska
Language: English
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4290861516