The potential of CSR engagement in UK SMEs

In recent years, there has been a notable interest surrounding the corporate social responsibility (CSR) of small and medium-sided enterprises (SMEs). However, unlike larger corporations, SMEs often lack the resources to develop comprehensive CSR strategies or dedicated departments. In light of this, it becomes crucial to focus on the role of individual decision makers in driving CSR engagement within SMEs. Drawing on insights from 219 UK entrepreneurs and objective performance data, we reveal the significance of personal values and competencies in shaping CSR initiatives and the importance of perceived employee supportiveness within the firm in strengthening CSR efforts. By highlighting the importance of individual-level factors and a supportive culture for entrepreneurs, we offer valuable insights for practitioners aiming to enhance CSR activities in their SMEs. Furthermore, we emphasize the positive impact of CSR engagement on various aspects of performance, encouraging entrepreneurs to consider proactive engagement in CSR.