How to encourage social responsibility among numerous companies currently operating at the national level?
In the long run the market, being a final dictator of terms, will put everything in place. We are more and more attentive to the air we breathe, to products we consume, to things at home and in office. It will surely make entrepreneurs more socially responsible. Entering the capital market even inside Russia demands good repute for this you need more than good corporate governance in its financial and legal aspects, you need to pay attention to environmental and social issues. Therefore, financial and investment institutes, integrated in international networks, strictly observe standards in these particular aspects of business. Compiling consolidated reporting is getting more and more complicated. Till recently corporations next to purely financial information were recommended to give details of their marketing and investment strategies. Now they need to present assessments of social and environmental business environment. Social aspects acquire additional importance. The necessity to
