Title: Management efficiencies in Russian banking: specificity of the transition to socially-oriented management

Authors: Artem N. Gerasimov; Irada A. Azhieva; Vladimir I. Kurbatov; Ekaterina V. Kartashevich; Angela M. Salogub

Addresses: Institute of Sociology and Regional Studies, Southern Federal University, Rostov-on-Don, Russian Federation ' Postgraduate Student of Pyatigorsk State University, Pyatigorsk, Russian Federation ' South Russian Branch, Federal Center of Theoretical and Applied Sociology, Russian Academy of Sciences, Moscow, Russian Federation ' Economic Sociology and Regional Management Department, Institute of Sociology and Regional Studies, Southern Federal University, Rostov-on-Don, Russian Federation ' Creative Innovation Management and Law Department, Pyatigorsk State University, Pyatigorsk, Russian Federation

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.

Keywords: specificity of the banking sector; social management; socially-oriented management; social policy; management activities; management relations; social responsibility; social reporting mechanisms.

DOI: 10.1504/IJEPEE.2020.110435

International Journal of Economic Policy in Emerging Economies, 2020 Vol.13 No.5, pp.471 - 482

Received: 14 Oct 2019
Accepted: 30 Nov 2019
Published online: 19 Oct 2020 *

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