Formation of social reporting of construction enterprises

• Main Authors: V.V. Smachylo, V.Yu. Khalina, I.A. Skripka
• Format: Article
• Language: English
• Published: Zhytomyr Polytechnic State University 2019-12-01
• Series: Економіка, управління та адміністрування
• Subjects: social responsibility; social reporting; stakeholders; construction enterprises
• Online Access: http://ema.ztu.edu.ua/article/view/192807/193452

Modern trends in the development of economic systems indicate the socialization of business processes, which is realized through the development of social responsibility and social entrepreneurship. That is why, domestic enterprises, restructuring their activities in accordance with global trends, begin to introduce practices for the formation and publication of non-financial (social) reporting, which is an indicator of social responsibility of the organization. Accordingly, the research in the field of social reporting is relevant and timely. Despite the high popularity of social reporting abroad and the growing popularity of social reporting in the scientific turnover and practical activities of Ukraine, the recommendations on its formation for construction enterprises taking into account their industry characteristics are very limited. Accordingly, the purpose of the study is the formation of the mechanism for social reporting at construction enterprises based on the definition of stakeholders. The article analyzes the terminology regarding non-financial (social) reporting and approaches to its formation. The team of authors proposes the mechanism for generating a social report of a construction company based on the definition of stakeholders, which, unlike existing approaches, is based on the constructed stakeholder map, ongoing communication processes and certain stages of social reporting.