- Issue
- Journal of Siberian Federal University. Humanities & Social Sciences. 2022 15 (7)
- Authors
- Popodko, Galina I.; Nagaeva, Olga S.; Shishatsky, Nikolai G.
- Contact information
- Popodko, Galina I.: Institute of Economics and Industrial Engineering SB RAS Novosibirsk, Russian Federation; ; ORCID: 0000-0003-0529-7010; Nagaeva, Olga S.: and Nikolai G. Shishatsky Institute of Economics and Industrial Engineering SB RAS Novosibirsk, Russian Federation; ORCID: 0000-0003-3946-3144; Shishatsky, Nikolai G.: Institute of Economics and Industrial Engineering SB RAS Novosibirsk, Russian Federation; ; ORCID: 0000–0001–8256–5512
- Keywords
- ESG; poverty; social inequality; resource-based region; inclusive development; large corporations; Krasnoyarsk Krai; ESG‑investing
- Abstract
The standard measure of economic development, such as gross regional product (GRP), does not reflect real economic progress. In resource-based regions, high GRP growth rates are often accompanied by low living standards, high social inequality and incidence rates. The Inclusive Development Index is considered as the most accurate indicator of real economic progress. According to the concept of inclusive development, economic growth should be aimed at improving living standards, reducing social inequality, and developing healthcare and education systems. The participation of large mining companies in solving socio-economic problems is essential for the inclusive development of resource-based regions. The purpose of the paper is to study the role of large corporations in the inclusive development of the Krasnoyarsk Krai which is a typical resource-based region where several largest Russian corporations operate. The paper contributes to the literature by investigating the impact of large mining corporations on the inclusive development through responsible investing. The results allowed us to conclude that large corporations have a significant positive impact on the inclusive development of the Krasnoyarsk Krai
- Pages
- 987–1000
- DOI
- 10.17516/1997-1370-0903
- Paper at repository of SibFU
- https://elib.sfu-kras.ru/handle/2311/145596
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License (CC BY-NC 4.0).