Imposition of Corporate Social Responsibility Regulations or Legislation on Small to Medium-sized Enterprises

TABLE OF CONTENTEXECUTIVE SUMMARY ...................................................................................................... 41.0 INTRODUCTION .............................................................................................................. 52.0 CORPORATE SOCIAL RESPONSIBILITY .................................................................... 73.0 SME PRACTISING CSR ON intended BASIS ...................................................... 83.1 confirmatory OUTCOMES OF VOLUNTARY CSR....................................................... 93.2 NEGATIVE OUTCOMES OF VOLUNTARY BASIS............................................... 104.0 prevarication OF CSR REGULATION & LEGISLATION ON SME........................... 114.1 POSITIVE OUTCOMES OF IMPOSITION REGULATION & LEGISLATION ..... 124.2 NEGATIVE OUTCOMES OF IMPOSITION REGULATION & LEGISLATION... 135.0 CONCLUSION................................................................................................................. 156.0 HAVARD REFERENCING............................................................................................. 166.2 JOURNAL ARTICLES AND RESEARCH PUBLICATIONS................................... 166.3 ELECTRONIC AND marking MEDIA ......................................................................... 167.0 APPENDIX....................................................................................................................... 17Appendix 1.......................................................................................................................... 17Definition of SMEs by size............................................................................................. 17Appendix 2.......................................................................................................................... 18NIOSH courses for SME/SMI ........................................................................................ 184EXECUTIVE SUMMARYCorporate Social Responsibility (CSR) has been widely practice by a large number ofcorporate especially Multinational troupe (MNC). When CSR is discussed in policycircles, academia, the media, and wider civil society, the focus always on the largestcompanies. tenuous and medium sized enterprises (SME) are often overlooked. The question isdo excellent & Medium Enterprises participate in CSR?



CSR involves wilful initiatives by enterprises, which go beyond compliance with law. Allthis art object it has been on voluntary effort. If the number of SME participation is in at verylow level, shall we impose a regulation & legislation to get SME into CSR?The awareness of CSR whitethorn be is still not up to a acceptable level. Some know about CSRbut do not fully understand the concepts of CSR. In fact SME may have been doing CSRwithout knowing.

CSR in the main has 4 focal areas ? the environmental, work, marketplace & community.

Environmental is in the first place on reducing impact on environment while conducting business.

Providing a conductive & dynamic workplace, respect kind-hearted right & human capitaldevelopment is essential in workplace CSR. Marketplace responsibility is how a companyconducts their business with customers & suppliers, some other 2 key stakeholders. Last but notleast, how a company given back to the community as a way out of what they withdraw fromthe...

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