Economy, finances, management: Topical issues of science and practical activity


Issue №: 10 (38)

Published: 2018.11.23

The magazine deals with the problems of the agricultural sector of the economy in the context of integration and processes of globalization. Attention is paid to the issues of development of digital economy, rural territories, technologies of enterprise management and organization of accounting, problems of legal support of economic processes, market tendencies of development of various branches of economy. Particular attention is paid to green tourism as a promising segment of the national economy.

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MAZUR Victor  –  Candidate of Agricultural Sciences, Associate Professor, Vice-President of the Ukrainian Scientific-Educational Consortium, Rector of Vinnytsia National 

Agrarian University (21008, Vinnytsia, 3, Soniachna Str., e-mail: rector@vsau.org). 

HERASYMENKO Julia – Candidate of Economic Sciences, Associate Professor, 

Associate Professor of the Agrarian Management Department of Vinnytsia National 

Agrarian University (21008, Vinnytsa, 3, Soniachna Str., e-mail: juliavlad21@gmail.com).


It is reasoned, that social responsible business covers the trajectory of solving 

social, ecological and economic problems, but on voluntary basis; thus it is underlined, that 

it is the objective necessity of achievement of constant development. A brief historical 

excursion into the emergence of corporate social responsibility has been made. The 

difference between legal and social responsibility has been viewed. The trajectory of 

forming agrarian enterprises’ management integrated socially responsible system has been 

outlined on the bases of certain conceptual approaches: profit maximization under the 

conditions of sustainable development, establishment of partnership relations with 

stakeholders, “greening the business” and corporate philanthropy. A short description of 

the main global initiatives of corporate social responsibility and sustainable development: 

Paris Agreement, UN Global Compact, Declaration of Principles of Business, “Sustainable 

Development Goals 2016-2030”, and free-will certification standards has been presented. 

The arguments “prо” social responsibility and benefits of non-financial reporting have 

been outlined. The main directions of implementation of CSR policy are proposed: 

ecological, social, personnel. It is emphasized that CSR management is a systematic process 

which consists of certain stages.

As a positive example of the establishing socially responsible businesses in Ukraine 

and the formation of the appropriate integrated management system for agrarian 

enterprises, LLC “Agro-Etalon” was chosen as the leader in the growth of the rates of fruit 

planting. The total area of land use is 4878 hectares, gardens  –  515 hectares (planned to 

1000 hectares), nurseries – 57 hectares. All new gardens are laid with the use of intensive 

technologies; from each hectare of plantations it gives up to 60 tons of crops. Since 2011, 

a refrigerating complex for preserving vegetables and fruits with a capacity of 20,000 tons 

has been opened; 77 cameras are equipped with a system of regulated gas environment; 

there is a single computer control system. The industry has its own line of sorting and 

packaging with a capacity of 15 tons per hour. During the seasonal work the company 

employs from 500 to 1000 people.

The dynamics of expenditures for the main directions of socially responsible 

activities of LLC “Agro-Etalon” has been presented. The constructive, pragmatic first steps 

for the formation of an integrated socially responsible management system of LLC “Agro -Etalon” have been provided.

Keywords: social responsibility, stakeholders, global initiatives, free-will certification, integrated management system, non-financial reporting.

List of references

1.  Prohrama hlobalnoi initsiatyvy  “Tsili staloho rozvytku 2016-2030”  [Global 

Initiative  “Sustainable Development Goals 2016-2030 Orhanizatsiia Obiednanykh Natsii v 

Ukraini  [United Nations in Ukraine].  un.org.ua. Retrieved from: 

http://www.un.org.ua/ua/tsili-rozvytku-tysiacholittia [in Ukrainian].

2.  Petrashko, L. (2016).  Komparatyvna otsinka  biznes-praktyk korporatyvnoi 

sotsialnoi vidpovidalnosti: YeS i Ukraina (2015-2016 rr.): doslidzhennia [Comparative 

assessment of business practices of corporate social responsibility: EU and Ukraine (2015-2016): research]. Kyiv: KNEU [in Ukrainian].

3.  Lahuta  Ya. (2016). Korporatyvna sotsialna vidpovidalnist yak odyn iz 

kliuchovykh instrumentiv uspishnoho vedennia biznesu [Corporate Social Responsibility 

as One of the Key Tools for a Successful Business].  Zbirnyk  naukovykh prats Kharkivskoho 

natsionalnoho avtomobilno dorozhnoho universytetu “Problemy ta perspektyvy rozvytku 

pidpryiemnytstva”, 4, 57-62 [in Ukrainian].

4.  Hulevska- Chernysh, A., Rzhevska, K. & Yaroshenko, L. (2013). Blahodiinist za 

pravylamy: pryntsypy, osnovni zasady, praktychne zastosuvannia  [Charity according to the rules: 

principles, basic principles, practical application]. Kyiv: Abetka blahodiinosti [in Ukrainian].

5.  Herasymenko, Yu.V. & Pidvalna, O.H. (2017). Menedzhment (bazovyi kurs): navchalnyi 

posibnyk [Management (basic course): tutorial].   Vinnytsia: TOV “Konsol” [in Ukrainian].

6.  Kaletnik, H.M. (2014). Rozvytok vyrobnytstva biopalyva yak fundamentalna 

osnova stabilnosti ahropromyslovoho kompleksu [Development of biofuel production as a 

fundamental basis of the stability of the agro-industrial complex]. Zbirnyk naukovykh prats 

VNAU. Seriia: Ekonomichni nauky  –  Collection of scientific works of VNAU. Series: 

Economic Sciences, 1, 3-11 [in Ukrainian].

7.  Honcharuk  I.V. (2013).  Pidpryiemnytska  diialnist  z  vyrobnytstva  biopalyva  yak

sfera rozvytku zelenoho biznesu [Entrepreneurial activity on biofuel production as a sphere 

of green business development]. Ekonomichnyi forum, 4, 93-98 [in Ukrainian].

8.  Desiat pryntsypiv Hlobalnoho dohovoru OON [Ten principles of the UN Global 

Compact].  Merezha hlobalnoho dohovoru v Ukraini  –  ofitsiinyi predstavnyk hlobalnoi 

merezhi UN Global Ukraine [The Global Compact Network in Ukraine is the official 

representative of the global network UN Global Ukraine].  globalcompact.org.ua.  Retrieved 

from: https://globalcompact.org.ua [in Ukrainian].

9.  Zelenyi ofis: z turbotoiu pro dovkillia, z vyhodoiu dlia biznesu [Green office: with 

environmental care, with business benefits].   Retrieved from: https://www.slideshare.net

[in Ukrainian].

10.  Konventsiia pro prava osib z invalidnistiu  [Convention on the Rights of Persons 

with Disabilities]. (n.d.).  zakon.rada.gov.ua.  Retrieved from:  http://zakon2.rada.gov.ua

[in Ukrainian].

11.  Paryzka uhoda ta mozhlyvosti dlia Ukrainy [Paris Agreement and Opportunities 

for Ukraine]. Biowatt – internet platforma shchodo pidtrymky rozvytku ukrainskoho rynku 

biopalyva i bioenerhetyky [Biowatt is an online platform to support the development of the 

Ukrainian market for biofuels and bioenergy].  biowatt.com.ua.  Retrieved  from: 

http://www.biowatt.com.ua [in Ukrainian].

12.  Principy mezhdunarodnogo biznesa (Deklaraciya Ko) [Principles of 

International Business (Declaration of Co)]. Analitik  –  centr sociologicheskih i 

marketingovyh issledovanij  [Analyst is a center of sociological and marketing research]. 

socio-research.ru. Retrieved from: http://socio-research.ru [in Russian].

13.  G4: rukovodstvo po otchetnosti v oblasti ustojchivogo razvitiya [G4: 

Sustainability Reporting Guide]. [Global Reporting  Initiative].  globalreporting.org. 

Retrieved from: https://www.globalreporting.org [in Russian].

14.  Friedman’s “The social responsibility of business is to increase its profits”: a

critique for the classroom. Retrieved from: http://faculty.wwu.edu/dunnc3/present.friedman.pdf 

15.  Biznes i sotsialna vidpovidalnist [Business and social responsibility].  Retrieved 

from: https://www.csr-ua.info/csr-ukraine/library/ [in Ukrainian].

16.  Zakon Ukrainy “Pro osnovy sotsialnoi zakhyshchenosti osib z invalidnistiu v 

Ukraini” [The Law of Ukraine “On the basis of social protection of persons with disabilities in 

Ukraine”]. (n.d.). zakon.rada.gov.ua.  Retrieved from: http://zakon3.rada.gov.ua [in Ukrainian].

17.  Herasymenko, Yu.V. (2016). Rehuliatyvna platforma stanovlennia sotsialno-vidpovidalnoho biznesu v Ukraini [Regulatory platform for the formation of socially 

responsible business in Ukraine].  Ekonomika. Finansy. Menedzhment: aktualni pytannia 

nauky i praktyky  –  Economy. Finances. Management: topical issues of science and practice, 

2, 20-31 [in Ukrainian].

18.  Herasymenko, Yu.V. (2015). Kontseptualni zasady stanovlennia sotsialno-vidpovidalnoho biznesu v umovakh hlobalizatsii [Conceptual basis for the formation of a 

socially responsible business in a globalized world].  Hlobalni ta natsionalni problemy 

ekonomiky, 5, 345-349 [in Ukrainian].

19.  Piat pryntsypiv vedennia biznesu v kompanii Samsung. Retrieved from: 

https://www.samsung.com/  ua/aboutsamsung/vision/philosophy/business -principles/

[in Ukrainian].

All journal issues

About journal

Topics of the journal:

051 Economics

071 Accounting and taxation

072 Finance, banking and insurance

073 Management

075 Marketing

076 Business, trade and exchange activities

241 Hotel, restaurant and catering 

281 Public administration


Key information:
ISSN (print): 2411-4413
DOI: 10.37128

The journal “Economy, finances, management: Topical issues of science and practice” is included in the "List of Scientific Professional Editions of Ukraine". 

The scientific edition is assigned the Category "Б" in the field of economics in specialties 051, 071, 072, 073, 075, 076, 241, 281

(Order of the Ministry of Education and Science of Ukraine No. 249, March 17, 2020).

The journal “Economy, finances, management: Topical issues of science and practice” has a Digital Object Identifier (DOI)

The journal “Economy, finances, management: Topical issues of science and practice” is indexed in such database as Index Copernicus Value (https://journals.indexcopernicus.com/search/form)


The editorial board of the journal is guided by the principles of scientific, objectivity, professionalism, informational support of the most significant innovative researches, observance of standards of publishing ethics.

The purpose of the journal "Economics, finances, management: Topical issues of science and practical activity» is the coverage of leading scientific ideas in the economic, financial and management activities of the sectors of the national economy and the involvement of representatives of the domestic and foreign scientific professional community.


Objectives of the journal:

  • publication of research findings on innovation in the economy, financial and management spheres, innovation of production processes;
  • expanding partnerships with international scientific publishing organizations;
  • enhancing the culture of reviewing and annotating published material;
  • adherence to editorial ethics.


Article publishing is a paid service. Cost for printing in professional publications in accordance with the Decree of the Cabinet of Ministers of Ukraine of August 27, 2010 No. 796 "On approval of the list of paid services that can be provided by state educational institutions, other institutions of the educational system belonging to state and communal ownership" and the order Rector of the Higher Education University Mazura VA dated March 14, 2018 No. 93 “On setting the cost of printing in professional editions of the University”.

The cost of printing one page in professional editions of the university is 60 UAH.

An additional copy of the magazine with the mailing list costs 450 UAH.

Recipient: Vinnytsia National Agrarian University MFO 820172 Current account No. 31256282102055 Code 00497236 Bank State Treasury Service of Ukraine, Kyiv. VAT payer code 004972302286. Registration number 100271744. Purpose of payment: for printing an article in the journal: ”Economy, finances, management: Topical issues of science and practical activity "

History of journal:

It was founded in 1997 under the name "Bulletin of the Vinnytsia State Agricultural Institute". In 2010-2014 he was published under the title “Collection of scientific works of Vinnitsa National Agrarian University”.

From 2015 ”Economy, finances, management: Topical issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 of PR as of December 31, 2014)

According to the decision of National Council of Television and Radio Broadcasting of Ukraine from 25.04.2024 No. 1337 the scientific journal «Economy, finances, management: topical issues of science and practical activity» has the ID of the Media R30-05171.