Corporate Social Responsibility Practices in Small and Medium Enterprises
Journal Title: Polish Journal of Management Studies - Year 2019, Vol 19, Issue 1
Abstract
Given the importance of Corporate Social Responsibility (CSR) in sustained development of a society, there is an increasing impetus on entrepreneurs to adopt CSR practices. Since Small and Medium Enterprises (SMEs) make up to 90% of the UAE’s market, this study was conducted to explore their understanding and practices of CSR. The study included both primary and secondary sources for collection of relevant data including extensive literature review and a survey employing an elaborate questionnaire and interviews with a number of SMEs across the UAE. The study highlighted that although there is a general awareness about CSR practices amongst the SMEs, their understanding of corporate social responsibility varies quite widely because of an ambivalent definition of CSR. There is a need for a conscious alignment of company policies with strategies conducive to efficient and effective implementation of CSR objectives for sustainable development. Although most SMEs expressed the intent and desire to make a better contribution to the society, they felt the need for better human resources and capital.<br/><br/>
Authors and Affiliations
Bhardwaj Aastha, Shah Jabeen Shazi
Keywords
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- EP ID EP599935
- DOI 10.17512/pjms.2019.19.1.01
- Views 73
- Downloads 0
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