The impact of corporate social responsibility of business on the financial indicators of Russian public joint stock companies

The authors analyze the impact of corporate social responsibility (CSR) of business as a non-financial characteristic of a company on the financial performance of public Russian enterprises. They prove the existence of a connection between CSR, corporate governance, business value, capitalization of the enterprise and its financial performance. The most significant of them are identified, having a significant impact on the value and level of capitalization of Russian public joint-stock companies.