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7 - SMEs: An Untapped Platform for Sustainable CSR Penetration and Practice in Developing and Emerging Markets

from Part II - Infusing Corporate Social Responsibility in Corporate Governance

Published online by Cambridge University Press:  15 June 2023

Onyeka K. Osuji ,
Franklin N. Ngwu  and
Gary Lynch-Wood
By
Franklin N. Ngwu
Onyeka K. Osuji
Affiliation:
University of Essex
Franklin N. Ngwu
Affiliation:
Pan-Atlantic University Lagos Business School, Nigeria
Gary Lynch-Wood
Affiliation:
University of Manchester School of Law
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Summary

This chapter underlines the need for contextualism in showing that small and medium enterprises (SMEs) are more suited than multinational enterprises for wider corporate social responsibility (CSR) activities and impacts in developing and emerging markets. While highlighting institutional conditions for enabling socially responsible practices by firms, it is argued that an appropriate regulatory environment is necessary to enhance the potential of SMEs.

Keywords

business and societycontextualismcorporate social responsibilitydeveloping countriesemerging marketsmultinational corporationsorganisational learningsmall and medium enterprises (SMEs)
Type
Chapter
Information
Corporate Social Responsibility Across the Globe
Innovative Resolution of Regulatory and Governance Challenges
 , pp. 155 - 174
Publisher: Cambridge University Press
Print publication year: 2023

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