Social Responsibility of Entrepreneurship in the Context of Brexit Challenges

Abstract

The subject of the study is the norms of international, integration and national law regulating various aspects of social responsibility of entrepreneurship in the context of the UK’s exit from the European Union.
The purpose of the work is to consider the mechanisms laid down in the international treaties concluded between the European Union and the United Kingdom, which formalized Brexit, and regulated the solution of general issues of social protection and private aspects of social responsibility of business in the context of international disintegration.
It is concluded that, despite Brexit, the British legal system is still partially influenced by EU law, especially with regard to «equal playing conditions», and the social sphere serves as an example in this. The international legal mechanisms adopted during the legal formalization of Brexit laid the foundation for ensuring a sufficient level of convergence of the legal systems of the European Union and the United Kingdom. It is revealed that the concluded agreement on trade and cooperation in relation to the sphere of social responsibility of entrepreneurship can become a model for future trade agreements of both the EU and the United Kingdom, as well as other states and other subjects of international law. The opinion was expressed that the effectiveness of the agreements reached will depend on the measures taken by the parties aimed at restoring balance and implementing obligations in relation to supply chains. It is assumed that the considered regulations in the context of Brexit promise to be significant for the international legal practice of regulating measures of social responsibility of entrepreneurship.