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Determining the Level of Social Development of an Industrial Enterprise on the Basis of the Non-Financial Reporting

Author: Nazir N. Abduganiev, Vice-Rector for International Cooperation; Valery Zh. Dubrovsky, Dr. Sc (Econ.), Prof., Head of Enterprises Economics Dept.

Abstract: Non-financial (social) reporting as a norm for socially responsible business offers an opportunity on the basis of generalization and comparison of the presented information to evaluate the most significant quantitative and qualitative changes in social sphere and in some of its components – social relations, institutions, norms and rules of conduct of workers. At this the toolkit of reliable measuring, processing and grouping of social information plays an important role. At the example of information analysis of social-economic activities of OAO “Sukholozhskiy kranoviy zavod” the authors present the technique for assessing the level of company social development which is an essential part of the socially responsible business management model.

Keywords: social (non-financial) reports; social environment of an organization; corporate social responsibility; social development; technique for assessing the level of social development