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Regional Economics: Theory and Practice

An empirical analysis of town-forming enterprises' corporate social responsibility: Evidence from the Volga Federal District

Vol. 18, Iss. 10, OCTOBER 2020

Received: 13 August 2020

Received in revised form: 2 September 2020

Accepted: 12 September 2020

Available online: 15 October 2020


JEL Classification: L20, L21, L53, M14

Pages: 1894–1909


Badykova I.R. Kazan National Research Technological University (KNRTU), Kazan, Republic of Tatarstan, Russian Federation

ORCID id: not available

Subject. This article explores the determinants of social responsibility of backbone enterprises.
Objectives. The article aims to investigate the relationships between the socio-economic situation of the monotown where the backbone company operates, and corporate social responsibility (CSR).
Methods. For the study, I used a regression analysis and univariate analysis of spatial data. The rating estimates calculated using an original methodology are used as a CSR proxy (dependent variable).
Results. Presenting information about the current situation of backbone enterprises and monotowns in Russia, the article reveals the existence of relationships between the backbone enterprise's affiliation to a monotown with a certain socio-economic situation and the level of corporate social responsibility.
Conclusions. The situation of the backbone companies is likely to deteriorate. Increasing the level of social responsibility during a crisis seems unlikely.

Keywords: corporate social responsibility, systemic company, single-industry town, stakeholders, empirical analysis


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