Corporate social responsibility: The involvement of small medium enterprises (original) (raw)
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Corporate Social Responsibility Practices among the SMEs in Malaysia – A Preliminary Analysis
Management & Accounting Review, 2017
There are four main objectives of this study. First, to examine the level of Corporate Social Responsibility (CSR) practices in selected Malaysian small and medium enterprises (SMEs). Second, to determine the motivation for implementing CSR practices. Third, to determine the barriers to the implementation of CSR practices. Finally, to examine the attitude of twenty selected Malaysian SMEs owners towards CSR practices. This study employed a mixed method in data collection and analysis via survey questionnaires to the selected SMEs and archival analysis by examining the financial reports of those SMEs. This study found that SMEs is still lag behind in implementing CSR practices. Although they understand the benefits such as enhancing company’s reputation and promote brand name, limited funds available and proper training required prevented them from implementing effective CSR practices. This study also found that the SMEs’ owners have a positive attitude towards CSR practices.
Business strategy series, 2009
Purpose – This paper investigates the need for corporate social responsibility (CSR) in SMEs. Also, it aims to explore the motivations for practicing CSR from the perspective of Malaysian SMEs. Design/methodology/approach – Investigating the need for CSR in SMEs is done through a literature review. For the purpose of identifying the motivations for CSR practice, ten exploratory interviews were conducted with SME managers in Malaysia. Findings – The findings show that Malaysian SMEs were mostly practicing CSR because of their own beliefs and values, religious thoughts, and pressure and encouragement from stakeholders. Research limitations/implications – Because this is an exploratory study, a small number of interviews were conducted. Future studies can expand this and go more in-depth. Practical implications – The findings of the paper provide a good understanding of Malaysian SMEs' motivations for CSR, which will be helpful for policy-makers. Originality/value – To the best of the authors' knowledge, this is among the first studies focusing on CSR in the Malaysian SME sector. Also, the exploratory qualitative approach of the paper can provide a better vision for future research.
This study aims to determine whether Egyptian construction SMEs are implementing CSR through its activities or not. CSR was measured using four main dimensions namely Economic, Legal, Ethical, and Philanthropic CSR. A questioner was designed and distributed to 89 SMEs and analyzed to obtain the study result. The results indicate that Egyptian construction SMEs implement Economic and Legal CSR only. While Ethical and philanthropic CSR are not implementing in Egyptian construction SMEs. Also, the results indicate that Egyptian construction SMEs are not implementing CSR as a comprehensive concepts.
Corporate Social Responsibility by Small and Medium Enterprise
Businesses today have realized that, in order to continue thriving, they have to adopt a more holistic and inclusive business model which has a direct correlation with business performance. Companies are now expected to discharge their stakeholder responsibilities and societal obligations, along with their shareholder-wealth maximization goal. The article is inferential descriptive in nature glimpse into the concept of CSR, The study analyze the CSR activities of 891 private and public sector Indian companies, their contribution to CSR, Correlation of sale and CSR spending, and relationship between company strategies with CSR activities.Article concludes with suggestive areas as scope for CSR for SME sector.
2013
The Corporate Social Responsibility (CSR) is a powerful tool or channel for ensuring greater market access and enables a better engagement in the global market. The study examines how Corporate Social Responsibility (CSR) is contributing to mass access of Small and Medium Enterprises (SMEs) in the global market. The study used cross section primary data from the level of executives of the corporations. Towards the achievement of its objectives this study uses descriptive statistical tools. The findings of the study revealed that practicing of CSR is playing pivotal role to pick up the brand image and reputation of the Malaysian SMEs to the customers in the global arena.
Corporate Social Responsibility (CSR) by small and medium enterprises (SMEs): a systematic review
Small Business International Review
This study aims to systematically review the key characteristics and issues in Corporate Social Responsibility among Small and Medium Enterprises (CSRS) research. The Systematic Assessment Quantitative Technique (SQAT) developed by Australian researchers, Catherine Pickering and Jason Antony Byrne, was used to identify and analyse 62 peer-reviewed CSRS articles from six high quality academic databases. Most of the studies took place in Europe and Asia while South America has been largely ignored. A significant number of CSRS research were empirical in nature, meaning that there is a need for more conceptual studies to aid the understanding of new CSRS norms and underlying factors. Additionally, CSRS articles focused mainly on identifying the various ways SMEs are implementing CSR. Finally, most CSRS articles adopted a single research method, with survey being the most dominant method. There is a need for future studies to combine a variety of methods so as to gain additional insight...
Corporate Social Responsibility in Small and Medium-Sized Enterprises
2019
Corporate social responsibility (CSR) is actually often in the center of attention. Human rights, labor standards, environmental protection or ethical market rules are becoming very actual issue in business. Large companies create and realize special strategies to implement this ideas. The sector of small and medium-sized enterprises (SMEs) is considered as less prepared to realize this goals. The aim of this article is to point out problems with CSR implementing in SMEs. This publication also highlights the possibility of resolving this problems by networking. The CSR strategy created by a leader of a network organization can be realized by partners – small and medium-sized enterprises
Corporate social responsibility terminologies in small businesses: insights from Malaysia
2013
Purpose–Since understanding the corporate social responsibility (CSR) practices of small businesses in any country requires investigating the terminologies used by their small businesses for such social practices, the aim of this paper is to gain an understanding of the common terminologies used by SME owners/manager/directors in a developing country, namely Malaysia. Design/methodology/approach–This is a quantitative study which used a sample of 100 small businesses is its survey.
Corporate Social Responsibility in Small and Medium Enterprises to Achieve Organizational Benefits
2014
In this paper the implications of CSR and its linkages with SME sector have been discussed. Unlike large scale organizations, SMEs have many constraints e.g. financial limitations, less government support and lack of knowledge. So they are not much familiar with the concept of CSR and its advantages. This paper examines how SMEs can make their financial performance better by properly engaging in CSR practices. CSR helps the SMEs to achieve many organizational benefits like reputation, trust, motivation, attracting better employees, cost reduction and increased revenues etc. A conceptual framework has been drawn to clearly understand different organizational benefits. Various studies, articles and research papers have been discussed in order to draw the conclusion.
The Palgrave Handbook of Corporate Social Responsibility
The Corporate Social Responsibility (CSR) debate has long focused on multinational corporations (MNCs) driven primarily by a western-centric conception, whereas the debate has remained largely limited for small-medium sized enterprises (SMEs) (Jamali et al. 2009). Even though SMEs may not have huge impacts on the economy individually, their collective power is quite significant (Pastrana and Sriramesh 2014) as they comprise over 90% of businesses worldwide and account for about 60% of employment (Jenkins 2004; Vives 2006). As such, SMEs and their specific attributes have recently attracted much attention in CSR research area (Jamali et al. 2009), although few studies have focused on the