This website uses cookies to ensure you have the best experience. Learn more

Imposition Of Corporate Social Responsibility Regulations Or Legislation On Small To Medium Sized Enterprises

3911 words - 16 pages

TABLE OF CONTENTEXECUTIVE SUMMARY ...................................................................................................... 41.0 INTRODUCTION .............................................................................................................. 52.0 CORPORATE SOCIAL RESPONSIBILITY .................................................................... 73.0 SME PRACTISING CSR ON VOLUNTARY BASIS ...................................................... 83.1 POSITIVE OUTCOMES OF VOLUNTARY CSR....................................................... 93.2 NEGATIVE OUTCOMES OF VOLUNTARY BASIS............................................... 104.0 IMPOSITION 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 PRINT 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 Company (MNC). When CSR is discussed in policycircles, academia, the media, and wider civil society, the focus always on the largestcompanies. Small and medium sized enterprises (SME) are often overlooked. The question isdo Small & Medium Enterprises participate in CSR?CSR involves voluntary initiatives by enterprises, which go beyond compliance with law. Allthis while 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 may be is still not up to a satisfactory level. Some know about CSRbut do not fully understand the concepts of CSR. In fact SME may have been doing CSRwithout knowing.CSR mainly has 4 focal areas - the environmental, workplace, marketplace & community.Environmental is mainly on reducing impact on environment while conducting...

Find Another Essay On Imposition of Corporate Social Responsibility Regulations or Legislation on Small to Medium-sized Enterprises

Malaysian Small and Medium Enterprises Essay

1652 words - 7 pages SMALL and medium enterprises (SMEs) are broadly defined as manufacturing, manufacturing-related services (MRS) and agro-based industries that employ around 200 full-time employees or have an annual sales turnover of not more than RM50mil (Chermaine, 2013). Besides, the term also refers to enterprises in the services, primary agriculture and information and communication technology industries with not more than 75 full-time employees or annual

Malaysian Small and Medium Enterprises Essay

1369 words - 5 pages SMALL and medium enterprises (SMEs) are broadly defined as manufacturing, manufacturing-related services (MRS) and agro-based industries that employ around 200 full-time employees or have annual sales turnover of not more than RM50mil (Chermaine, 2013). Besides, the term also refer to enterprises in the services, primary agriculture and information and communication technology industries with not more than 75 full-time employees or annual sales

The Effect of Technology to the Competitiveness and Productivity of Small and Medium Scale Enterprises (SME’s)

2492 words - 10 pages make decisions on how large companies and corporations suit their products and services offered, be filled into micro enterprises. So they came up with an idea of building a firm or a business establishment or the so called "Small and Medium Scale Enterprises" or "SME's". Small and medium scale enterprises are built to foresee the development of small scale businesses through the help of these large companies. (Rigol, Field &Mande, 2011). It is

Assessing International Marketing Opportunities for Small-and Medium-Sized Companies

3368 words - 13 pages create insightful implementations. The term ‘company’ or ‘firm’ is mainly implied to small and medium enterprises with regard to the export facet rather than for large international enterprises. Besides, the entry modes are presumed to be the subsequent decision of the firm after identifying the market elect and therefore, would not be covered in this report. II. IMPLICATIONS 1. Apply a systematic process of researching export markets (3 steps) The

The Succes and Difficulties Faced by Small and Medium Enterprises

1148 words - 5 pages Small and medium enterprises (SMEs) play a fundamental role in the economic development of a country. They have assisted in rapid economic industrial development of Asian countries especially the Asian Tigers. Nonetheless, they have faced major challenges in the competitive global environment that have led to their engagement in unethical practices that negatively affect their reputation. The problem with SMEs begins at the infancy stage; most

Management Activity Analysis in Small and Medium Sized Enterprise and Multinational Companies' Context

1511 words - 6 pages decisive when dedicated knowledge resides with just one or two key employees. In Pakistan, small and medium size enterprises are operating and contributing a handsome share of more than 40% towards the GDP and ensuring employment to millions. There are approximately 320,000 SME’s in Pakistan. This sector also provides opportunity to utilize vocational skills for both metropolitan and rural women. The importance of SME’s has increased manifolds due

Small and Medium Sized Scale Enterprise (SMEs) Finance Sources and Difficulties

2016 words - 8 pages 1.Introduction Small and medium sized scale enterprise ( SMEs ) occupies the crucial position among the worldwide economic activities, particularly in developing country, whose flourish has already became a sign of the rapid development of economy. However, more than half SMEs face the severe challenges of surviving. Among all the possible threats during business activities, inadequate access to capital is the most important factor to determine

Current Relationship between Small and Medium Size Enterprises in Nigeria and E-Marketing

2618 words - 11 pages the potential of Internet in order to develop company image or competitive advantage. (Gilmore, Gallagher, Henry 2007) The purpose of this study therefore is to ascertain the current relationship between Small and Medium Scale Enterprises in Nigeria and Electronic-Marketing. Also it is to ascertain how E-marketing could be used by small scale businesses in Nigeria to tackle its challenges, survive in the market, and thrive enjoying competitive

Discussion on Purpose of Corporate Social responsibility

2058 words - 8 pages companies to show their wider societal responsibilities or they are just a cynical marketing ploy. Different opinions are given on this topic. This essay agrees that the original intention of the corporate social responsibility is to show more care to the environment and people who are involved in the business activities, however it is also true that some of the companies are carrying out corporate social responsibilities just because they would

Views on Corporate Social Responsibility

1187 words - 5 pages individuals. Which if something went wrong they would probably attempt to justify their actions and blame corporate regulations instead. The “Broader view” is based on the idea that private or corporate interests cannot be separated from social ones (Hopkins, 2004). All participants’ actions are interdependent. For example, industrial activity causes the pollution of the environment that harms individuals and entire society. Social responsibility of

Fallacies of Corporate Social Responsibility

2181 words - 9 pages FALLACIES OF CORPORATE SOCIAL RESPONSIBILITY INTRODUCTION In a contemporary world, a business-society relationship has evolved well beyond a simple business model to a much broader - socially responsible - corporate stewardship. As of this result, Corporate Social Responsibility (CSR) emerged as a concept that encourages companies to be ethical and responsible with the environment it operates in so as to wider impact on society. Though, CSR is

Similar Essays

Small And Medium Enterprises Essay

1970 words - 8 pages operators of Small and Medium Enterprises (SMEs) to another. Among the products marketed are as coconut jelly, (peanut brittle peanuts), dodol, kuih bangkit, bahulu and others. 1.2.2 Vision & Mission FAZZ Enterprise Vision To makes Fazz Enterprise, a company that is known by all segments of society and market expansion throughout the national and international level. Mission Fazz Enterprise mission is to maximize the profit on the sale of

Small And Medium Enterprises Essay

1068 words - 4 pages Small and Medium Enterprises (SMEs) are the backbone of global economic activity. In emerging economies, SMEs account for over 90% of firms, 60-70% of employment and 55% of GDP. In fact, in India, SMEs contribute more than 8% of the country’s GDP and account for 45% of the manufactured output and 40% of exports. However, the growth of SMEs, especially in India and other emerging countries has slowed down over the last few years. As I see it, a

Bank Financing Of Small And Medium Enterprises

1108 words - 5 pages 95% of finance applications. 5. The government should formulate policies that would make it compulsory for banks to lend to the SMEs. 6. Commercial banks should refine services for SMEs. For this, they should have a separate segment or department and all services should be compiled in one basket. Conclusion Small and Medium Enterprises play a major role in economic development by creating employment

Major Technological Challenges For Small To Medium Sized Businesses

565 words - 2 pages hosting, design, promotion, and information architecture (Turban et al, 2006, p. 677). Attempting to cover all of these areas by a small to medium sized business could exhaust all resources or be impossible. A small or medium sized business may not be capable of maintaining an e-commerce system by them. The best action plan would be a competitive bidding process that would keep prices lower.Value added ERP and CRMERP is an integration of several