{"id":9007,"date":"2018-01-15T17:52:07","date_gmt":"2018-01-15T15:52:07","guid":{"rendered":"https:\/\/modecon.mnau.edu.ua\/?p=9007"},"modified":"2018-01-16T14:03:27","modified_gmt":"2018-01-16T12:03:27","slug":"otsinka-sotsialno-oriientovanoi-polityky-u-bankivskykh-ustanovakh","status":"publish","type":"post","link":"https:\/\/modecon.mnau.edu.ua\/en\/otsinka-sotsialno-oriientovanoi-polityky-u-bankivskykh-ustanovakh\/","title":{"rendered":"Lunkina Tatyana, Karatay Tatyana, ASSESSMENT OF SOCIO-ORIENTED POLICY IN BANKING INSTITUTIONS OF UKRAINE"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]JEL Classification:<\/strong> G 21.<\/p>\n

Lunkina Tatyana, <\/strong>Candidate of Economic Sciences, Associate Professor of the Department of Finance, Banking and Insurance, Mykolayiv National Agrarian University, Mykolayiv, Ukraine<\/p>\n

Karatay Tatyana, <\/strong>applicant for higher education of Accounting and Finance faculty, Mykolayiv National Agrarian University, Mykolayiv, Ukraine<\/p>\n

ASSESSMENT OF SOCIO-ORIENTED POLICY IN BANKING INSTITUTIONS OF UKRAINE<\/strong><\/p>\n

Introduction. <\/strong>In today’s globalized conditions, the question of socially responsible business and the formation of an appropriate concept and policies for managing it are more relevant. Scientists are investigating this issue in two aspects, namely, from a theoretical and practical point of view. The first aspect is the study of the essence of CSR, the conduct of entrepreneurial activity, the functioning mechanism of the market principles in this concept, the definition of the place of social orientation in modern conditions. The second aspect is the study of practical positions, the separation of this concept from the standpoint of warning and risk management, assessment of the level of social responsibility and summing up the rating, summarizing all the results, as well as the establishment of a standard that will regulate such relationships. But, in our opinion, the implementation of such socially-oriented moments is not possible without identifying a certain number of indicators, reflecting the real situation and the impact of social factors on the banking institutions. This explains the relevance of studying the assessment of socially-oriented policies of banking institutions.<\/em><\/p>\n

Purpose. <\/strong>The purpose of this article is to determine the approaches to the assessment of socially-oriented policies of banking institutions, as well as to determine the place of rating assessment in the current conditions of the functioning of institutions and organizations.<\/em><\/p>\n

Results.<\/strong> The article describes approaches of socially-oriented banking policy in Ukraine. A quantitative approach is drawn, which directly includes the assessment of the level of social investment through the conduct of socially responsible activities by banking institutions. The qualitative approach according to which social reports and social ratings are compiled is investigated. The social indicators that influence the formation of a socially oriented political management system by business, in particular banking institutions, are calculated.<\/em><\/p>\n

Conclusions.<\/strong> Today, among the existing approaches to assessing the formation of corporate social responsibility of banking institutions, there is no single methodology and approach. Those methods that exist are recommended. They do not really have practical use by banking institutions of Ukraine, all this is connected to the absence of certain norms and requirements of the current legislation.<\/em><\/p>\n

Therefore, in our opinion, it would be advisable, in the context of banking institutions, to introduce methodological recommendations for the assessment of CSR at the legislative level, the accomplishment of which will be mandatory for all banking institutions and exclude subjective nature.<\/em><\/p>\n

Keywords:<\/strong> social orientation, social responsibility, banking institution, quantitative approach, qualitative approach.<\/em><\/p>\n

References:<\/strong><\/p>\n

    \n
  1. Blagov, Ju.\u00a0E. (2011), Korporativnaja social’naja otvetstvennost’<\/em> [Corporate Social Responsibility], 2nd ed, Vysshaja shkola menedzhmenta<\/em>, Sankt-Peterburg, Russia.<\/li>\n
  2. Galusha, Z. I. and Duchins\u2019kmij, A. P. (2012), \u201cOn the question of the socialization of banking activities\u201d, Naukovyi visnyk BDFEU, <\/em> 1 (22), pp. 486.<\/li>\n
  3. Kolot, A .M. and Grishnov, O. A. (2012), Soc\u0456al’na v\u0456dpov\u0456dal’n\u0456st’: teor\u0456ja \u0456 praktika rozvitku <\/em>[Social responsibility: the theory and practice of development], KNEU, Kyiv, Ukraine.<\/li>\n
  4. Maksimilian, M. (2013), Novaja iniciativa SOB: vashi pervye sto dnej vmeste s Impact Economy<\/em> [New SOB initiative: your first hundred days together with Impact Economy], no. 3, Zheneva.<\/li>\n
  5. Mizhnarodnyj rejtynh iakosti upravlinnia korporatyvnoiu reputatsiieiu, available at: http:\/\/repactiv.com.ua\/<\/a> (Accessed 4 December 2017)..<\/li>\n
  6. \u201cPresentation of information on the impact of corporations on society: current trends and issues\u201d, United Nations Conference on Trade and Development, <\/em>United Nations, New York, Geneva,<\/li>\n
  7. Savchenko, A. A. (2008) \u201cTo the methodology for assessing corporate social activities\u201d, Vestnik SPbGU, <\/em> 4, pp. 76-106.<\/li>\n
  8. \u201cSocial responsibility of business: understanding and implementation\u201d, available at: http:\/\/www.un.org.ua\/files\/Concept_Paper.pdf<\/a> (Accessed 4 December 2017).<\/li>\n
  9. Barnett M. (2007), \u201cStakeholder Influence of Capacity and the Variability of Financial Returns to Corporate Social Responsibility\u201d, Academy of Management Review<\/em>, vol. 32, no. 3. pp. 794-816.<\/li>\n<\/ol>\n
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    [vc_row][vc_column][vc_column_text]JEL Classification: G 21. Lunkina Tatyana, Candidate of Economic Sciences, Associate Professor of the Department of Finance, Banking and Insurance, Mykolayiv National Agrarian University, Mykolayiv, Ukraine Karatay Tatyana, applicant for higher education of Accounting and Finance faculty, Mykolayiv National Agrarian University, Mykolayiv, Ukraine ASSESSMENT OF SOCIO-ORIENTED POLICY IN BANKING INSTITUTIONS OF UKRAINE Introduction. In today’s
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