INVESTIGATING STATUS OF ‘CORPORATE SOCIAL RESPONSIBILITY’ POLICIES AND PRACTICES: CASE STUDY OF SMALL AND MEDIUM ENTERPRISES IN JAMSHORO AND HYDERABAD DISTRICTS

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Volume 11 Issue 2 2015

Author(s):

Sarmad Aziz Pasha Khuhro
Mehran University Institute of Science, Technology and Development (MUISTD), MUET, Jamshoro.
pasha_khuhro@yahoo.com

Dr. Zahid A. Memon
Mehran University Institute of Science, Technology and Development (MUISTD), MUET, Jamshoro.
zahid.memon@faculty.muet.edu.pk

Wahid Bux Mangrio
Mehran University Institute of Science, Technology and Development (MUISTD), MUET, Jamshoro.
wahid.mangrio@faculty.muet.edu.pk

Irshad Aziz Khuhro
Mehran University Institute of Science, Technology and Development (MUISTD), MUET, Jamshoro.
Irshad_khuhro@yahoo.com

Abstract This paper is an attempt to identify corporate social responsibility practices in Small and Medium Enterprises (SMEs). It is based on the premise that most SMEs do not know much about the concept of corporate social responsibility as opposed to multinational enterprises. The main purpose is to look at the awareness and implementation of CSR order 2009 issued by the Securities and Exchange Commission of Pakistan (SECP. The general order provides 13 areas of socially responsible businesses. To conduct this baseline study a close-ended fully structured questionnaire was distributed to the SMEs located in Hyderabad and Jamshoro industrial areas. To analyze/evaluate the response, Statistical Package for Social Sciences (SPSS) is used. Only 39% of the companies have information regarding CSR general order. We concluded that government should start education programs for entrepreneurs, especially for SMEs. Communication links need to be established among all the business stakeholders. The government may start incentive programs for enterprises that are voluntarily pursuing CSR. This research provides a basic understanding and know-how about CSR in SMEs to do businesses on ethical grounds. This will also prove to be a catalyst for the government in devising better strategies for CSR compliance through incentives rather than exercising regulatory instruments.
Keywords Corporate Social Responsibility, Small and Medium Enterprise, CSR Order 2009, Philanthropy, Jamshoro, Hyderabad
Year 2015
Volume 11
Issue 2
Type Short Report
Recognized by Higher Education Commission of Pakistan, HEC
Category "Y"
Journal Name IBT Journal of Business Studies
Publisher Name ILMA University
Jel Classification -
DOI http://dx.doi.org/10.46745/ilma.jbs.2015.11.02.18
ISSN no (E, Electronic) 2409-6520
ISSN no (P, Print) 2416-8393
Country Pakistan
City Karachi
Institution Type University
Journal Type Open Access
Manuscript Processing Blind Peer Reviewed
Format PDF
Paper Link http://ibtjbs.ilmauniversity.edu.pk/journal/jbs/11.2/18.%20Investigating%20Status%20of%20Corporate%20Social%20Responsibility%20Policies%20&%20Practices%20Case%20Study%20Of%20Small%20&%20Medium%20Enterprises%20in%20Jamshoro%20&%20Hyderabad%20Districts.pdf
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