Regulation of the Development of Small Business and its Social Responsibility

Keywords: regulation, small business, social responsibility, corporate social responsibility, social responsibility of business.

Abstract

In the developed countries, functions of the central government policy on regulation of small business are for the most part concentrated in local administration bodies. Practices of these countries need to be considered in creating the regulatory system focused on the development of small business and its social responsibility. 

The theoretical principles for the process of regulation of the development of social responsibility of small business are extended. A brief review of the most widespread models for socially responsible business is made, dependent on national and cultural peculiarities. It is demonstrated that the Ukraine’s integration in the European economic area, apart from corporate social responsibility of large business, requires implementation of social responsibility of small business. It is substantiated that the regulation of the development of small business and its social responsibility, if implemented on the continuous basis, will create highly performing small business sector in Ukraine, contributing in the production output, revenue collection, and employment.       

A system approach to the regulation of the development of social responsibility of small business is proposed, which is based on interactions of three parties: state power bodies and local self-government bodies; the center for promotion of small business, associating small enterprises; public associations and professional unions. It is substantiated that the system approach to the regulation of the development of social responsibility of small business should be based on interactions in organizational, consultative and educational, social, financial and investment areas.

Downloads

Download data is not yet available.

References

Zakon Ukrainy “Pro rozvytok ta derzhavnu pidtrymku maloho i serednoho pidpryiemnytstva v Ukraini” No 4618-VI vid 22.03.2012 [The Law of Ukraine “Development and government support of small and medium entrepreneurship in Ukraine” No 4618-VI from 22.03.2012]. Retrieved from https://zakon.rada.gov.ua/laws/show/4618-17 [in Ukrainian].

Tsutsui K., Lim A. (2016). Corporate Social Responsibility in a Globalizing World (Business and Public Policy). Cambridge: Cambridge University Press. (Reprint edition).

Chandler D. (2016). Strategic Corporate Social Responsibility: Sustainable Value Creation. UK: SAGE Publications, Inc.

Novikova O. F., Deich M. Ye., Pankova O. V. et al. (2013). Diahnostyka stanu ta perspektyv rozvytku sotsialnoi vidpovidalnosti v Ukraini (ekspertni otsinky) [Diagnostics of the performance and development prospects of the social responsibility in Ukraine (expert assessments)]. National Academy of Sciences of Ukraine; Institute of Industrial Economics. Donetsk [in Ukrainian].

Stratehiia spryiannia rozvytku sotsialnoi vidpovidalnosti biznesu v Ukraini na period do 2020 roku [The strategy for promoting development of corporate social responsibility in Ukraine for the period till 2020]. Retrieved from http://www.svb.org.ua/sites/default/files/201309_strategiya_spriyannya_rozvitku_svb_v_ukrayini.pdf.

Varnalii Z. S. (2001). Male pidpryiemnytstvo: osnovy teorii i praktyky [Small entrepreneurship: the essentials of theory and practice]. Kyiv: “Znannia”, KOO [in Ukrainian].

Malyi biznes y regionalnoye razvitiye v industrialnykh stranakh [Small business in the regional development in industrial countries]. Moscow: Institute for Scientific Information on Social Sciences of the Russian Academy of Sciences, 1998 [in Russian].

Latella F. (1995). Strategie di sviluppo e riflessi sulla legislazione regionale della Calabria: (1970–1990). Rassegna econ. Napoli, A. 59, No 1, 142–157.

Dolishnii M. I. (1999). Naukove zabezpechennia formuvannia i rozvytku spetsialnykh ekonomichnykh zon v Ukraini [Scientific support for creating and developing special economic zones in Ukraine]. Proceedings from: IV Mizhnarodna naukova konferentsia “Problemy ekonomichnoi intehratsii Ukrainy v Yevropeiskyi Soiuz: investytsiini aspekty” – the Fourth International Scientific Conference “Problems of economic integration of Ukraine in the European Union: investment aspects”. Yalta – Foros. (pp. 113–116) [in Ukrainian].

Varnalii Z. S. (1996). Derzhavna polityka pidtrymky maloho pidpryiemnytstva [The state policy for support of small business]. Kyiv: National Institute for Strategic Studies [in Ukrainian].


Abstract views: 18
PDF Downloads: 13
Published
2019-11-01
How to Cite
BONDARUKТ., & BONDARUKІ. (2019). Regulation of the Development of Small Business and its Social Responsibility. Scientific Bulletin of the National Academy of Statistics, Accounting and Audit, (3), 111-119. https://doi.org/10.31767/nasoa.3.2019.10