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Promotion of the Principles of Corporate Social Responsibility and their Implementation by Large Businesses in Kazakhstan

Authors: Aziya K. Baltabayeva (Department of World and National Economy Turan University Z01F3A3, 15/1 Kaldayakov Str., Astana, Republic of Kazakhstan) , Zhanat K. Altaibayeva (Department of Finance and Accounting Toraighyrov University 140008, 64 Lomov Str., Pavlodar, Republic of Kazakhstan) , Valentina P. Shelomentseva (Department of Business and Management Innovative University of Eurasia 140003, 102/4 Gorkogo Str., Pavlodar, Republic of Kazakhstan) , Shynar E. Mutallyapova (Department of Management and Marketing S. Seifullin Kazakh Agrotechnical University 010011, 62 Zhenis Ave., Astana, Republic of Kazakhstan) , Roza K. Alimkhanova (Department of Tourism Narxoz University 050035, 55 Zhandosov Str., Almaty, Republic of Kazakhstan)

  • Promotion of the Principles of Corporate Social Responsibility and their Implementation by Large Businesses in Kazakhstan

    academic_article

    Promotion of the Principles of Corporate Social Responsibility and their Implementation by Large Businesses in Kazakhstan

    Authors: , , , ,

Abstract

The article discusses the features of promoting the principles of corporate social responsibility in the Republic of Kazakhstan. All components of promoting the principles of corporate social responsibility in Kazakhstan are considered as a single system, which defines the conceptual framework, stakeholders in the development of corporate social responsibility, as well as legal support for its development in the country. The authors characterized the Kazakh model of corporate social responsibility of large businesses and gave examples of the practical implementation of its principles at the present stage. Social investment of subsoil user companies in the territory of their presence in the Pavlodar region was analyzed. The considered social investment was carried out within the framework of memorandums of mutual cooperation with local executive authorities. The authors formulated conclusions that the Kazakhstani corporate social responsibility model is still evolving, with a combination of state regulation and business interaction, and further efforts are needed to increase corporate social responsibility commitments and embrace global initiatives.

Keywords: Profit, Gross regional product, Stakeholders, Social partnership

How to Cite:

Baltabayeva, A. K., Altaibayeva, Z. K., Shelomentseva, V. P., Mutallyapova, S. E. & Alimkhanova, R. K., (2024) “Promotion of the Principles of Corporate Social Responsibility and their Implementation by Large Businesses in Kazakhstan”, Australasian Accounting, Business and Finance Journal 18(1), 172-186. doi: https://doi.org/10.14453/aabfj.v18i1.11

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Published on
01 Jan 2024