Social responsibility as an obligatory element of the institutional system

Filippova, Irina and Sumcov, Victor (2012): Social responsibility as an obligatory element of the institutional system. Forthcoming in: (2013)

Abstract

The institute of social responsibility is considered as mandatory addition of market and state institutes, since it reduces the transaction costs of the socio-economic system by eliminating discrimination in the relations. One of the most important missions of the state is the formation and development of the mechanisms of social control.

• Item Type: MPRA Paper
• Language: English
• Keywords: social responsibility, institute, social capital, social costs, discrimination, social integration
• Subjects: A - General Economics and Teaching > A1 - General Economics > A13 - Relation of Economics to Social Values; E - Macroeconomics and Monetary Economics > E0 - General > E02 - Institutions and the Macroeconomy; H - Public Economics > H0 - General > H00 - General; J - Labor and Demographic Economics > J7 - Labor Discrimination > J78 - Public Policy; M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M1 - Business Administration > M14 - Corporate Culture ; Diversity ; Social Responsibility

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