Denys O. Smolennikov, Anna V. Buriak
Specificity of Information Requests of Stakeholders in the Financial Sector in a Context
(original language – Ukrainian)
https://doi.org/10.21272/mer.2018.79.04
The paper is dedicated to revealing the specifics of stakeholders’ information requests in financial sector regarding corporate social responsibility, environmental sustainability and other aspects of sustainable development. The social dimension of sustainable development is related to labor practices, human rights, society and responsibility for product quality. Environmental indicators reflect the results of activities related to biodiversity and relevant regulatory requirements, as well as information on environmental costs, impact on products and services provided by a financial institution. The economic component reflects the flows of capital between different groups of stakeholders, as well as economic impact on society. The paper lists the information requests of various groups of stakeholders in financial sector of economy, namely: consumers, shareholders, suppliers, intermediary institutions, public organizations, local communities, employees and their trade unions. Among the main information requests of stakeholders are the following: amount of resources used; air emissions, amount of greenhouse gases; amount of wastes; investment; socially responsible investment and local development; employment of the population; labor conditions and labor safety; education and professional development of employees; political accountability; corporative management; business strategy, etc.
Key words: stakeholder, information request, social responsibility, financial sector.
Placed in №1, 2018.
Affiliations:
DENYS O. SMOLENNIKOV, C.Sc. (Economics), Senior Lecturer of the Department of Management,
Sumy State University;
ANNA V. BURIAK, C.Sc. (Economics), Associate Professor, Associate Professor of the Department of Finance, Banking and Insurance, Sumy State University
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