Two competing hypotheses, value enhancing and value discounting, state that implementing socially responsible corporate policies can have positive or negative effects on firm value. This paper tests how a specific type of social responsibility–corporate equality–affects firm value. Corporate...

The article is devoted to questions of social responsibility and social activities of higher educational institutions (universities). It is analyzed the theoretical concept of social responsibility of higher educational institutions. It is outlined the role of stakeholders in the acting of...

The institute of social responsibility is regarded in the article as mandatory addition to market' institutes and to the institute of state power, because it reduces transaction costs in the socio-economic system by eliminating the relations of discrimination. The most important function of...

Social responsibility is not only the sphere of ethics, philosophy or moral, because the harm caused by the socially irresponsible conduct has fully material expression. Social responsibility implies hard limitations of process of stock accumulation, that is impossible without the mechanisms of...

The purpose of the monography is to develop the methodology for analysis of socio-economic systems. To this end, we propose a holistic concept including the system of interrelated concepts and categories, exposing the underlying mechanisms, cause-and-effect relationships and regularities of...

The article investigates the impact of clusters on the social environment and the impact of institutional factors on the formation and development of clusters. The authors proceed from the obvious assumption that the basic prerequisite for successful clustering is the development of...

This paper raises the issue of an initial structure-objective mismatch in the launching of Islamic finance. The abolition of interest and promotion of growth with equity were goals of the conceived system. These goals expressed a long run vision to improve the condition of the Muslim communities...

Ethics can be defined as a process of evaluating actions according to moral principal of values. Throughout the centuries people were trying to choose between profit and moral. Perhaps, some of them obtain both, but every time it could have roused ethical issues. Those issues concern fairness,...

We study a two-stage duopoly game, where, at the first stage, firms choose if adopting or not a social responsibility label. The firm who adopts the social responsibility label (the ethical firm) has high marginal costs, while the firm who doesn’t adopt it (the standard firm), supports low...

What are "liberal professions"? Their essence, their importance for the person as an individual and as a social act? Who or what do libereal professions challenge if they ask for requirements for the "science"? The questions formulate the confrontation of the self-image of liberal professions...