CSR and SMEs in Portugal: The Strategy of Obligation

Abstract

This research project sought to identify the dynamics underlying the adoption of corporate social responsibility (CSR) practices by small and medium enterprises (SMEs) and particularly to set out a strategic framework. Results found that although SMEs do not present clear CSR trends, the “Strategy of Obligation” prevails. It was further concluded that informal practices, occasional in nature and unstructured, predominate given that CSR is above all perceived as a quest for better management. Secondarily, the concept is somewhat associated to ethical questions and good citizenship practices. Detailed analysis revealed that there is a statistically significant relationship between certification, company size, length of service and sector of activity.