“…Resource based view theory is used to identify the resources and capabilities generated by SMEs as a result of CSR implementation, these resources bring about sustainable competitive advantage (Amaeshi et al, 2016;Stoian & Gilman, 2016;Martínez-Martínez et al, 2017). Agency Theory provided the bases for analysing the relationship between profit maximization for SME owners and CSR implementation (El Baz et al, 2016;Agyemang & Ansong, 2017;Mtar, 2019). Institutional theory aided the identification of rules, believes and norms that are concerned with CSR implementation in SMEs (Lund-Thomsen et al, 2014;Lee et al, 2017;O'Connor et al, 2017).…”