State and Corporate Management of Quality of Life in a Region in the Conditions of the Digital Economy: Social Programs and Social Responsibility

Abstract

Purpose: The aim of the paper is to develop a promising scheme of state and corporate quality of life management in the region in the digital economy based on social programs and social responsibility on the example of the regions of the North Caucasus Federal District of the Russian Federation. Design/methodology/approach: To determine the current quality of life in the regions of the North Caucasus Federal District of the Russian Federation in 2018, the authors are analyzing these statistics. They also review statistics on the implementation of social programs by the state, reflecting the share of spending on social and cultural events in the structure of total state budget expenditures in the regions of the North Caucasus Federal District of the Russian Federation in 2018. Findings: It has been proved that the digital economy provides opportunities, and therefore, serves as a tool for public management of the quality of life in the region. The considered experience of the regions of the North Caucasus Federal District of the Russian Federation in 2018 showed that under the traditional scheme of social programs implementation they provide limited results for the quality of life. Originality/value: A structural and logical scheme of state and corporate quality of life management in the region in the digital economy based on social programs and social responsibility has been developed, which shows that the roles of state and business should be redistributed to achieve maximum efficiency. Public management of the quality of life in the region in the digital economy should not be aimed at the development of telecommunications infrastructure, as it is traditionally assumed in regional development strategies, but at the use of this infrastructure for social projects. This means that social and infrastructure projects are not identified, but separated. On the contrary, it is recommended that corporate governance of quality of life in the region in the digital economy should be focused on supporting the development of the information society. As a result, the development of telecommunications infrastructure shifts from government-funded infrastructure projects to nonprofit business activities.