Impact of corporate social responsibility of integrated petroleum engineering enterprises on the performance of their activities

Abstract

The article studies oil engineering enterprises, which are part of both horizontal and vertical integrated structures. The purpose of the research is to consider practical aspects of corporate social responsibility (CSR) influence on oil engineering enterprises’ integration structures on their activity efficiency. The following tasks have been set: selection of research methodology, a questionnaire development for the managerial staff of oil engineering enterprises, survey results processing using statistical methods and correlation and regression analysis method, and conclusions formation on the research results. The following methods have been used: survey (Google Form), comparative and logical analysis, and statistical processing of the data that had been obtained as the survey result (correlation and regression analysis method). As a result of the study, the assumption of the influence of integration structure’s CSR on combined enterprises’ efficiency has been confirmed. The conducted correlation and regression analysis of the management personnel’s questionnaire has revealed enterprise’s economic efficiency dependence on CSR parameters, and survey results analysis allowed to establish a number of shortcomings, namely: personnel’s resistance to change; insufficient level of personnel awareness of various aspects of the integration process, in particular, in the field of social programs; lack of technological innovation dynamic appearance; lack of the team dynamics as a whole. The assessment carried out in the integrated structures of oil engineering enterprises can further form the basis for the formed program of measures to involve employees in innovative activity and increase the level of motivation and establishment of CSR policy in the integrated company.