This analysis investigates CSR's impact on sustainability in construction, highlighting stakeholder benefits.
This article examines the organizational and economic mechanisms of corporate social responsibility (CSR) at enterprises in the construction industry. It analyzes the important aspects of CSR implementation in this context and determines its impact on the overall results and sustainability of business entities. The article examines the specific components of the organizational and economic mechanism of CSR in the construction industry and provides a description of each of them. In addition, it identifies stakeholders within CSR and determines the expected benefits for each of them. The methodological bases of the study of the formation and functioning of the organizational and economic mechanisms of social responsibility at enterprises reveal the algorithm of conducting the study, which allows the evaluation of these mechanisms. This article will be an important source of information for managers, researchers and practitioners who are interested in understanding and implementing CSR in the construction industry. The article examines the main elements of the organizational and economic mechanism of CSR in the construction industry, including strategy formation, development of internal standards, involvement of stakeholders, monitoring and accountability. Each of these components receives a detailed description, which contributes to the understanding of their impact on the economic and social aspects of the enterprise. Particular attention is paid to the identification of stakeholders within CSR and the disclosure of specific benefits for each of them. This contributes to the awareness of all participants in the process of how they can benefit from the implementation of specific socially responsible practices. The methodological foundations of the study highlight the process of formation and functioning of organizational and economic mechanisms of social responsibility in the construction industry. The presented research algorithm makes it possible to systematically evaluate and characterize these mechanisms, contributing to the understanding of their impact and importance for enterprises.
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Vasyl POP (2023) studied this question.