The Systematic Use of Corporate Social Responsibility by Small Companies

¹ University of Pardubice, Faculty of Economics and Administration, Pardubice, Czech Republic
² University of Pardubice, Faculty of Economics and Administration, Pardubice, Czech Republic

^* Corresponding author: Stanislava.Simonova@upce.cz

Abstract

Research background: The responsibility of organizations towards their surroundings and society is a long-term strategic goal, which is supported by various projects and concepts, at the national, and global levels. The conception of sustainable development represents a model of society development, where economic and social development should be in line with the preservation of natural values for present and future generations.

Purpose of the article: The concept of Corporate social responsibility (CSR) is a voluntary commitment of an organization that wants to behave responsibly towards its surroundings. The concept is generally understood as a strategic initiative and it is applied mainly by large companies. Small and medium-sized companies are rather not interested in the concept, they are afraid of the burden for the company. The paper focuses on the potential of systematic use of the CSR concept by small organizations.

Methods: The survey was conducted in selected small organizations. The degree of acquaintance with the principles of the concept and especially with the possibilities of the concept was determined, the current state was analyzed and activities for implementation were proposed, and indicators for long-term monitoring were proposed.

Findings & Value added: CSR concept encourages the company to make a positive impact on the environment. Small organizations often apply some of its principles, unknowingly by their natural responsible behavior. However, a systems-conscious approach is important. Small businesses can use the potential of the concept and implement its principles for the benefit of themselves and their surroundings.