The benefits of corporate social responsibility introduction in small and medium-sized enterprises: a systematic review of the literature

Hodinková, Monika; Sadovský, Zdeněk

doi:10.3846/btp.17.11130

Cited by 6 publications

(3 citation statements)

References 20 publications

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“…It is generally understood that entrepreneurs can lead and show direction through RL because personal values and ethical motives impact their choices (Burton & Goldsby, 2009). The planned activities identified in this study are likely to result in the expected benefits of SR, as suggested by Hodindova and Sadovský (2016): enhancing trust and employee motivation, achieving a greater degree of transparency, improving reputation and employer-employee and supplier-client relations, increasing attractiveness for quality employees and strengthening employee loyalty. However, the novelty of this study was the expressed desire to create impact and give back to the community.…”

Section: Discussionmentioning

confidence: 85%

“…A clearer understanding of how entrepreneurs perceive CSR might reveal how motivations other than short-term economic influence their decision-making (Klein & Kellermanns, 2008) and leadership. One element of the broad CSR concept is SR, which is suggested to provide enhanced trust and employee motivation, a greater degree of transparency, an improved reputation, improved employer–employee and supplier–client relations, increased attractiveness to quality employees and strengthened employee loyalty (Hodindova & Sadovský, 2016). The reasons for engaging in SR have been suggested to range from purely ethical ones to purely instrumental ones (Garriga & Melé, 2004).…”

Section: Introductionmentioning

confidence: 99%

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Microentrepreneurs as Socially Responsible Leaders

Simunaniemi

Valkjärvi

Franzén

et al. 2023

South Asian Journal of Business and Management Cases

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Corporate social responsibility (CSR) refers to the voluntary integration of social and environmental concerns into companies’ operations. This qualitative case study investigates microentrepreneurs’ values and business activities related to CSR, particularly the elements of social responsibility (SR) via the responsible leadership (RL) approach. We investigate how entrepreneurs perceive the concept of SR, how SR is related to values and through which leadership activities they plan to implement SR. The case is a CSR training programme with 30 Finnish microentrepreneurs as attendants. The results show that entrepreneurs perceive SR on two levels: philosophical and practice-oriented levels. At the philosophical level, RL is being truthful to one’s own values and taking a long-term, holistic view, and the practical SR includes customer focus, staff equality, or community and network activity. Being true to one’s personal values and having a holistic long-term view of SR are the ground-building elements guiding leadership decisions in microenterprises. The practical level of RL is not limited to the microenterprise but, rather, extends to, for example, customers and business partners. The theoretical contribution to the RL literature is that the groundwork for SR in microenterprises is based on strategically sustainable businesses that are in line with entrepreneurs’ values but also simultaneously pursue a greater, more long-term purpose than a short-term profit-seeking. This study adds to the RL literature, indicating that, regardless of their owner-centricity and the focus on practically relevant leadership activities in the here and now, microenterprises pursue larger impacts on the community by adopting a holistic, future-oriented view. Although microenterprises are owner-centric and individual motivations play a significant role in RL, this study shows that, in socially and economically sustainable microenterprises, entrepreneurs’ personal values are integrated with those of the customers.

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Section: Discussionmentioning

confidence: 85%

Section: Introductionmentioning

confidence: 99%

Microentrepreneurs as Socially Responsible Leaders

Simunaniemi

Valkjärvi

Franzén

et al. 2023

South Asian Journal of Business and Management Cases

View full text Add to dashboard Cite

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“…The fulfilment of the third condition presupposes interactions between the elements, because for the purpose of achieving a common objective in the system they are positioned in terms of each other in a certain order, i.e. they form a structure (Strakova, 2015;Armas-Cruz et al, 2017;Hashem-Nazari et al, 2017;Hodinkova & Sadovsky, 2016;Wegner et al, 2017;Dobrovic & Timkova, 2017).…”

Section: Introductionmentioning

confidence: 99%

Quantitative Assessment of the Dynamics of the Economic Development of Socioeconomic Systems Based on the MDD Method

Ginevičius

Gedvilaitė

Stasiukynas

et al. 2018

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An inherent characteristic of socioeconomic systems (SES) is their development, which is a prerequisite for their existence. Analysing the development, as well as comparing the subjects at a variety of levels (companies, countries, regions, etc.) for other purposes requires the development process to be measured in a quantitative manner. The development process is characterised by its dynamics, which in turn may be measured using two indicators: the intensity of the development; and its consistency over the reference period. The former measurement is represented as a ratio between the development values at the beginning of the period and those at the end, while the consistency of the SES economic development will be demonstrated as a ratio of the length of the reference period to the sum of the lengths of the trajectories representing the development over individual time periods. The calculations of the economic development of a number of countries carried out through this research have confirmed that the proposed methodology is appropriate. The methodology has been named, with certain qualifications, the MDDSS (Measuring of the Dynamic of the Development of a Socioeconomic System).

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CSR Implication and Disclosure in Higher Education: Uncovered Points. Results from a Systematic Literature Review and Agenda for Future Research

2021

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This research reviews and analyzes prior corporate social responsibility (CSR) studies centered on its implications and disclosure in higher education institutions (HEIs). Nine major databases were analyzed to review research articles from various business, management, higher education, and accounting journals for the period of 2004–2020. We follow the seven-step systematic review guidelines developed by Fink 2019 and we base our review analysis on fifty-eight journal articles. The systematic literature review results show a significant increase in the number of CSR article publications and the extent and trend of disclosure. The majority of prior research was based on questionnaires to evaluate the HEIs curriculum and focus on the CSR implication process. However, HEIs are still lagging behind in CSR implication and disclosure, and with a long way to go to obtain sustainability goals. From the study, several opportunities for future research emerged. This study can be useful for HEIs policymakers and practitioners to access the usefulness of CSR implications and disclosures in HEIs. In addition, this analysis assists scholars to explore in-depth the uncovered points related to CSR in HEIs context. This is the first systematic review of CSR implications and disclosures that comprehensively covers higher education institutions as a sector and presents a reference for academic literature from 2004 to 2020.

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The benefits of corporate social responsibility introduction in small and medium-sized enterprises: a systematic review of the literature

Abstract: Corporate social responsibility is considered as an important part of entrepreneur's strategic behaviour. Its purpose is not only to achieve and maintain the good economic results,

Cited by 6 publications

References 20 publications

Microentrepreneurs as Socially Responsible Leaders

Microentrepreneurs as Socially Responsible Leaders

Quantitative Assessment of the Dynamics of the Economic Development of Socioeconomic Systems Based on the MDD Method

CSR Implication and Disclosure in Higher Education: Uncovered Points. Results from a Systematic Literature Review and Agenda for Future Research

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