ФИНАНСОВЫЙ КОНТРОЛЬ РЕАЛИЗАЦИИ КОРПОРАТИВНЫХ СОЦИАЛЬНЫХ ПРОГРАММ ВЕРТИКАЛЬНО-ИНТЕГРИРОВАННЫХ КОМПАНИЙ

Abstract:
The purpose of the article is to study the concept of financial control over the implementation of corporate social programs of vertically integrated companies and understanding its organization in different countries. Within the framework of this work, the concepts of corporate social programs and financial control over the implementation of corporate social programs of vertically integrated companies were studied. For all the above terms, definitions in the works of several authors were analyzed and the author’s definition was formulated. Summarizing modern approaches to the definition of corporate social programs, specific features were studied. Next, specific examples of these programs implemented by vertically integrated companies in different countries were considered. After all this, for a complete understanding of the topic, an analysis of the differences in the methodology for organizing financial control in different countries (Russian Federation, China, Europe and the United States of America) was conducted. The study revealed that financial control of corporate social programs of vertically integrated companies is a complex hybrid of management, regulatory and stakeholder mechanisms. In all countries, financial control of corporate social programs goes beyond traditional accounting and turns into a strategic management tool.