Development of socially responsible women's business in Lithuania

Abstract

The contemorary stage of business development is facing the problem of social responsibility, which has become more and more urgent. The analyses of factors that predetermine social responsibility of individuals or attempts to systemise them are frequently presented in the public space. Namely these factors acquire status of morality of economic entities and their business. Thus, in this case reference is made to social responsibility in its narrow sense. However, it is also meaningful to discuss social responsibility in its broad sense, i.e. to what extent social responsibility is observed in the economic-social policy on business formed by state institutions. The state has to propagate and appreciate socially responsible business as well as to encourage participants of the market to develop such business and to base their activity on the values of socially responsible business. One of the most essential aspects of social responsibility embraces the implementation of the principle of gender equality. Women are one of the most vulnerable social groups of the society with the essential functions of extension of nation and society ascribed to them by nature; therefore, the morality of state policy is reflected mainly through real steps made by the state which enable women to fully integrate into the country’s life and facilitate revelation of their abilities and talents. Women’s involvement in business is one of our insufficiently employed possibilities.