Social Responsibility and Performance: Does Strategic Orientation Matter for Small Businesses?

Nejati, Mehran; Quazi, Ali; Amran, Azlan; Ahmad, Noor Hazlina

doi:10.1111/jsbm.12305

Cited by 79 publications

(66 citation statements)

References 103 publications

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“…The statistical analysis unveils that TrainingB i is the variable with the highest level of influence (0.988 a ) on the other indicators, followed by InnovBi, (0.987 a ) and CSRB i (0.986 a ). The three variables influence the dependent variable to a similar extend, which comes to confirm other research findings showing that the sustainability of SMEs is highly dependent on their financial performance [42,149].…”

Section: Resultssupporting

confidence: 87%

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An Integrated Framework on the Sustainability of SMEs

Burlea‐Schiopoiu

Mihai

2019

Sustainability

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The aim of this article is to investigate the relationship between the budget related to corporate social responsibility (CSR), Innovation and Training, defined as sustainable factors, and the financial results of small and medium sized enterprises (SMEs). The investigation is made by analysing the financial results from a sample of 200 SMEs from the South-West Region of Romania. The findings prove that SMEs can use training and innovation to improve the impact of CSR on their sustainability with a focus on positive financial indicators. The findings prove that corporate social responsibility (CSRBi), innovation (InnovBi), and training (TrainingBi) as sustainable factors are significantly and positively correlated with the following indicators: profit (Profiti), profit per employee (ProfitEi) and total expenditure (Expensesi), and it is negatively correlated with debt ratio (DebtRi).

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Section: Resultssupporting

confidence: 87%

“…Even if involvement in CSR for SMEs is not easy and implies a number of challenges [42], it has been shown to provide a source of differentiation and visibility [43], to enhance their relationships with key stakeholders [44,45] through creation of trust with its stakeholders [46], and result in improved financial performance in most cases [47].…”

mentioning

confidence: 99%

An Integrated Framework on the Sustainability of SMEs

Burlea‐Schiopoiu

Mihai

2019

Sustainability

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“…Another main issue observed during this research study was the lack of research that explored China and the United States, even though the United States and China contribute more greenhouse gases than the other countries. Our research, consistent with previous meta‐analyses, shows studies in Europe make up the majority of the articles (e.g., Falle, Rauter, Engert, & Baumgartner, ; Galdeano‐Gómez, Pérez‐Mesa, & Godoy‐Durán, ; Lynch‐Wood & Williamson, ; Rahbauer, Menapace, Menrad, & Lang, ; Starčević, Zrnić, & Mijoč, ), followed by Asian studies (e.g., Alziady & Enayah, ; Dhillon, Bentley, & Bukoye, ; Nejati, Quazi, Amran, & Ahmad, ) and North American studies (e.g., Westman et al, ).…”

Section: Discussionsupporting

confidence: 90%

An analysis of environmental sustainability in small & medium‐sized enterprises: Patterns and trends

et al. 2020

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One of the greatest challenges facing the world today is climate change. The need to consistently advance with environmentally sustainable practices in today's businesses is crucial, and businesses are demanded to be more environmentally sustainable every day. This study conducts an analysis of the literature on small and medium‐sized enterprises' (SMEs) environmental sustainability by carefully examining 122 studies from 58 journals published from 2013 to 2019. We investigate the trends in drivers and barriers of sustainability adoption to inform both SMEs managers and policymakers. Our results also classify the reviewed studies on the basis of their methodologies and show the distribution of studies across industry sectors and locations in order to set directions for future research on sustainability practices of SMEs.

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“…Next we turn to the question of whether or not SMEs" CSR practices vary with turnover and its interaction with the geographical location. Recent literature has already identified financial performance to have a significant positive relationship with CSR (Jain et al, 2016;Nejati et al, 2016;Weber, 2008). This positive association has been identified as both direct and indirect, through the ability of those organizations that adopt CSR practices to manage their stakeholders (Madueño et al, 2016).…”

Section: Theoretical Implicationsmentioning

confidence: 99%

Environmental management and corporate social responsibility practices of small and medium-sized enterprises

Dey

Petridis

et al. 2018

Journal of Cleaner Production

137

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The main aim of this paper is to facilitate small and medium sized enterprises (SMEs) to adopt environmental management (EM) and corporate social responsibility (CSR) practices. The study reveals SMEs" motivation, pressure, targets and methods for EM and CSR practices. Additionally, the paper investigates how these variables relate to employee number, turnover and geographical locations. The outcomes of the research will add value to SMEs decision-making processes in both strategic and policy levels (e.g. supplier selection) and policymakers" initiatives to make SMEs environment and socially friendly. Although there are studies on EM and CSR practices of SMEs, they mainly focus on impact of EM and CSR practices on business performance, and SMEs" motivation for adopting EM and CSR practices in specific country. Studies that reveal SMEs" motivation, pressure, targets and methods for EM and CSR practices and their relationship with their characteristics (e.g. size, turn over, and geographical location) are scant. This research bridges this gap. Our data originates from 223 carefully selected representative SMEs in the West Midlands, UK (105) and Kolkata, India (118) covering manufacturing and process industries. The relevant data was collected using questionnaires and analysed using Analysis of Variance (ANOVA) and Multivariate Analysis of Variance (MANOVA) methods. The results reveal that perceptions of SMEs" motivation, pressure, targets and methods of EM and CSR practices vary considerably with respect to size, turn over and geographical location. The findings are significant to policymakers, client organizations and individual SME for improving EM and CSR practices.

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Social Responsibility and Performance: Does Strategic Orientation Matter for Small Businesses?

Cited by 79 publications

References 103 publications

An Integrated Framework on the Sustainability of SMEs

An Integrated Framework on the Sustainability of SMEs

An analysis of environmental sustainability in small & medium‐sized enterprises: Patterns and trends

Environmental management and corporate social responsibility practices of small and medium-sized enterprises

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