Prospects for the development of corporate social responsibility in the construction business

DOI: 10.33917/mic-3.122.2025.77-85

The purpose of the article is to study the concept of corporate social responsibility in the construction sector. Conducting a comparative study using the methodology of studying specific cases of CSR-based activities in Russia and abroad allows us to establish a context for understanding how social responsibility is perceived and applied in practice in construction. The results showed that construction companies are aware of the growing importance of CSR, but there are problems limiting this process. The authors concluded that despite the differences in the approaches that organizations use in relation to the directions of social responsibility development, social orientation has become a significant factor for corporate social responsibility initiatives in Russia. The directions of development of corporate social responsibility are proposed.

References: 

1. Bodrunov S.D., Glazyev S.Yu. Regularities of the noonomy foundations formation as future social order: to know and operate: monograph. St-Petersburg: S.Y. Witte INID; Moskow: Centerkatalog, 2023. 340 p.

2. Milton FriedmanA Friedman Doctrine – The Social Responsibility of Business Is to Increase Its Profits. The New York Times. URL:   https://www.nytimes.com/1970/09/13/archives/a-friedman-doctrine-the-social-responsibility-of-business-is-to.html

3.  Arynova Z.A. , Deborah De Moortel.  Foreign and domestic practice of implementing the principles of socially responsible business. Bulletin of the Innovative University of Eurasia. 2023;89 (1):53-63.

4. Asaul A.N. Corporate social responsibility – as the new philosophy of business. Corporate Governance.  2014;4:30-37.

5. Udaltsova, N. L., Shcherbinina, P. L. Business social responsibility: implementation and impact on company management. Leadership and Management, 2024;11(1):265-280.

6. Akhilesh Ganti, Somer G. Anderson, Vikki Velasquez. Social Responsibility in Business: Meaning, Types, Examples, and Criticism.  2024. URL: https://www.investopedia.com/terms/s/socialresponsibility.asp#citation-10.

7. Dilek Ulutaş Duman, Heyecan Giritli, Peter McDermott. Corporate social responsibility in construction industry. Built Environment Project and Asset Management. 2026;6(2):218-231.

8. Nesterenko A.N. Economics and institutional theory. Moscow: Editorial URSS, 2002. 416 p.

9. Ian McKinnon. Corporate Social Responsibility in Construction, 2022.   URL:  https://www.chas.co.uk/blog/csr-in-construction/

10. Yudenko M.N., Chepachenko N.V. Problems of social infrastructure in housing construction. Proceedings of the XIII International Scientific and Technical Conference: Current Issues in Architecture and Construction. Publ.: NGASI (Sibstrin), 2020. pp. 225-231.

11. Fedoseev I.V., Yudenko M.N. Problems and prospects of development of social infrastructure in St. Petersburg. Construction complex: economics, management, investments. interuniversity collection of scientific papers. Saint Petersburg, 2020. pp. 81-87.

Social responsibility, competitiveness of a company and value creation

DOI: 10.33917/mic-4.99.2021.63-70

Many companies continue to consider value creation too unilaterally, aiming to maximize short-term financial results and ignoring the influence of a wider set of factors, which determine long-term competitiveness. Recognition of the need for a new paradigm of competitiveness, based on the complex approach, taking into account financial and non-financial goals, already exists among strategic thinkers and successful business-leaders, there are promising elements of the new model emerging in practice. Still for many companies the issues of social responsibility remain optional, dispensable to be included in strategic agenda. Efforts in this direction remain on the periphery, not in the center of managers’ attention. This article considers the relation between social responsibility, competitiveness of a company and value creation.

Social and Ethical Responsibility of Business

#5. Digital Agitation
Social and Ethical Responsibility of Business

Any company is responsible to society and the state in which it operates. First of all, the very process of establishing a company, regardless of its comfort degree, is a legal act, in most cases certified by the state. Thus it also becomes the most important stakeholder for the company, which is considered by the state at least as a taxpayer and creator of new jobs. The state can create special conditions for firms’ formation and functioning (all kinds of preferences) if it is required to implement any state programs, for example, the program of infrastructure development, technology development, etc.

Without Memory of the Past There is No Future

#6-7. 100 Years of War: The Point of Beginning
Without Memory of the Past There is No Future

In interview with the “Economic Strategies” magazine the Chairman of the Board of Directors of “FINHOLKOM GROUP” Consortium, the Chairman of the Board of Trustees of the National Saint Tryphon Foundation Andjey R. Malchevsky dwells on the possibilities of military-patriotic education in the context of the national parks development.

We Must Learn to be Responsible Patriots!

#4. Why that is needed?
We Must Learn to be Responsible Patriots!

It is gratifying that the national philanthropy traditions today are gaining momentum. The foundation for folk traditions revival “National St. Tryphon Foundation” carries out charitable activities in several areas — social programs funding, philanthropy in the cultural field, as well as support of society spiritual revival. In his interview with the “ES” magazine the Chairman of the board of trustees of the National St. Tryphon Foundation Andjey Malchevsky dwelled on charitable projects of the Foundation within the spiritual and moral revival and integration into the cultural heritage of the own people, upbringing respect for the history of the country.

Ethics of Management in Modern Russia: to Analysis of the Problem

#6-7. Springs of Surprises

In a set of the government spells there is something about social responsibility of business, but there are no mechanisms of compulsion to this responsibility. There are riot police detachments, but there is no parliament for negotiations.

Regions Socially Responsible Development Rating

#7-8. Passions on the adjuster

Separate elements of the socially responsible development of regions are regularly measured and reported to the public by competent bodies. These elements of socially responsible development include: ecology, social sphere, efficient governance, investment feasibility, infrastructure, security, level of crime and others.

The Eastern Gates of Innovation Capital of the Primorye: Bridge-legend for APEC-2012 Summit

#12. Evil People

The project of building a bridge across the Golden Horn bay has united three innovations — Vladivostok as innovation capital of the region, the innovative design of the bridge across the Golden Horn bay and innovative by spirit and content of its activity the Pacific bridge-building company that won the tender for its construction.

Social And Cultural Foundation of the Crisis, Its Opportunities and Threats

#12. Evil People

Today we are increasingly in favour of the idea that the first to describe the coming catastrophic crisis without encouraging reservations and without distinguishing those right and guilty, was Russian by origin Pitirim Sorokin.