Business Society and Corporate Social Responsibility: Comparative analysis in Russia and Japan

Abstract

Comparative analysis of CSR allows characterizing both corporate society and market institutions. Even though transition economies have backwardness of corporate governance institutions and include premature CSR, Russian CSR, paradoxically speaking, can be regarded as hyper one, and specific stakeholders have played a decisive role in its establishment. The present paper empirically and descriptively analyzed evolution of the contemporary Russian CSR and described its characteristics. Observations made show that market-type changes are obvious in Russia, companies try to adapt to the market changes, but at the same time, the historical inertia is quite strong. Moreover, through a comparison of CSR in Russia and Japan it was proved that a certain type of hybrid CSR exists in both countries, due to the existence of path-dependence institutions and a new impact of globalization.