Corporate responsibility of business as an innovative approach to solving social problems

Currently, in the society of various countries there are transformational processes affecting the legal, political and social spheres. Innovative changes in the economy, politics and law lead to rapid modifications of many established social stereotypes, attitudes and structures. Questions of civil society and of individual spheres of life are essential components of the internal and foreign policy. Effective and innovative development of different countries depends on the quality of life and well-being of citizens. Reliability and stability of the rule of law is dependent on the legal competence and cross-sectoral cooperation between the parties. State and civil society in the framework of the democratic structure are interested in supporting each other. Corporate social responsibility is one of the leading themes in the contemporary debate about the methods and mechanisms for the sustainable development of society. As a new field of knowledge, it generates new concepts in the context of transformation of society. At the present stage of development of civil society the socially responsible type of business conduct is an activity of the commercial sector in their political and legal forms, corresponding to the interests of society. Cost-effectiveness encourages socially responsible business to actively seek ways and forms of interaction between government, business and social interest groups. New mechanisms of mutual relations in the future will become the leading basis to improve the management of social processes in order to manage the risks of undermining the stability and predictability of the prospective development of the democratic state. The article substantiates the conclusion that only the ability to combine the interests of different groups and stakeholders to transform cultural heritage, value opinion in their own strategic objectives and processes for effective decision-making in various spheres of social life of the community will be able to survive in the conditions of globalization.