Management efficiencies in Russian banking: specificity of the transition to socially-oriented management Online publication date: Mon, 19-Oct-2020
by Artem N. Gerasimov; Irada A. Azhieva; Vladimir I. Kurbatov; Ekaterina V. Kartashevich; Angela M. Salogub
International Journal of Economic Policy in Emerging Economies (IJEPEE), Vol. 13, No. 5, 2020
Abstract: The article considers the conditions and opportunities for the development of socially-oriented management in the Russia banking, as this type of management activity and these management relations allow banks to overcome the absolutisation of the economic priorities through socialisation of their target orientation, ultimately harmonising banks' objectives to achieve economic efficiency with a high level of social responsibility. Particular attention is paid to the search for the primary contradiction that determines the nature of the formation of a professionally specialised system of socially-oriented management relations and the role of social reporting mechanisms in its direct, systemically organised form, functioning as an indicator of banking organisations' degree of maturity and social responsibility.
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