Internal CSR practices within the SME sector in Cyprus from the employees' perspective - challenges and prospects

Research output: Contribution to journalArticle

Abstract

This paper examines the results of a recent study into four domains of internal corporate social responsibility (CSR) practices within small and medium-sized companies in Cyprus from the employees' perspective. This perspective gives an added insight into the developing CSR practices in Cyprus, revealing interesting findings about the sufficiency (or not) of current practices. Looking into the results of the study, as well as into a number of policy initiatives considered in the relevant national action plan on CSR, we seek to draw some conclusions on the prospects for further developing internal CSR practices across SMEs. We argue that a more active policy framework is needed. Considering the very small size of most Cypriot companies, current, or foreseen, legal requirements relevant to CSR do not apply to the majority of Cypriot businesses. This very fact raises a particular challenge for the development of CSR practices on the island. In light of this, we argue that voluntary CSR initiatives remain of primary importance, yet these should be developed within a broader framework which promotes cooperation between the various stakeholders.

Original languageEnglish
Pages (from-to)634-649
Number of pages16
JournalGlobal Business and Economics Review
Volume20
Issue number5-6
DOIs
Publication statusPublished - 1 Jan 2018

Fingerprint

Cyprus
Employees
Corporate Social Responsibility
Small and medium-sized enterprises
Sufficiency
Stakeholders
Small and medium-sized companies

Keywords

  • Cypriot SMEs
  • Employee training
  • Fairness
  • Health
  • Internal CSR
  • Organisational justice
  • Personal development
  • Safety in the workplace
  • Work-life balance

Cite this

@article{3c17109f64234b34a925db44768de31f,
title = "Internal CSR practices within the SME sector in Cyprus from the employees' perspective - challenges and prospects",
abstract = "This paper examines the results of a recent study into four domains of internal corporate social responsibility (CSR) practices within small and medium-sized companies in Cyprus from the employees' perspective. This perspective gives an added insight into the developing CSR practices in Cyprus, revealing interesting findings about the sufficiency (or not) of current practices. Looking into the results of the study, as well as into a number of policy initiatives considered in the relevant national action plan on CSR, we seek to draw some conclusions on the prospects for further developing internal CSR practices across SMEs. We argue that a more active policy framework is needed. Considering the very small size of most Cypriot companies, current, or foreseen, legal requirements relevant to CSR do not apply to the majority of Cypriot businesses. This very fact raises a particular challenge for the development of CSR practices on the island. In light of this, we argue that voluntary CSR initiatives remain of primary importance, yet these should be developed within a broader framework which promotes cooperation between the various stakeholders.",
keywords = "Cypriot SMEs, Employee training, Fairness, Health, Internal CSR, Organisational justice, Personal development, Safety in the workplace, Work-life balance",
author = "Ioanna Papasolomou and Haris Kountouros and Yioula Melanthiou",
year = "2018",
month = "1",
day = "1",
doi = "10.1504/GBER.2018.094451",
language = "English",
volume = "20",
pages = "634--649",
journal = "Global Business and Economics Review",
issn = "1097-4954",
publisher = "Inderscience Enterprises Ltd.",
number = "5-6",

}

TY - JOUR

T1 - Internal CSR practices within the SME sector in Cyprus from the employees' perspective - challenges and prospects

AU - Papasolomou, Ioanna

AU - Kountouros, Haris

AU - Melanthiou, Yioula

PY - 2018/1/1

Y1 - 2018/1/1

N2 - This paper examines the results of a recent study into four domains of internal corporate social responsibility (CSR) practices within small and medium-sized companies in Cyprus from the employees' perspective. This perspective gives an added insight into the developing CSR practices in Cyprus, revealing interesting findings about the sufficiency (or not) of current practices. Looking into the results of the study, as well as into a number of policy initiatives considered in the relevant national action plan on CSR, we seek to draw some conclusions on the prospects for further developing internal CSR practices across SMEs. We argue that a more active policy framework is needed. Considering the very small size of most Cypriot companies, current, or foreseen, legal requirements relevant to CSR do not apply to the majority of Cypriot businesses. This very fact raises a particular challenge for the development of CSR practices on the island. In light of this, we argue that voluntary CSR initiatives remain of primary importance, yet these should be developed within a broader framework which promotes cooperation between the various stakeholders.

AB - This paper examines the results of a recent study into four domains of internal corporate social responsibility (CSR) practices within small and medium-sized companies in Cyprus from the employees' perspective. This perspective gives an added insight into the developing CSR practices in Cyprus, revealing interesting findings about the sufficiency (or not) of current practices. Looking into the results of the study, as well as into a number of policy initiatives considered in the relevant national action plan on CSR, we seek to draw some conclusions on the prospects for further developing internal CSR practices across SMEs. We argue that a more active policy framework is needed. Considering the very small size of most Cypriot companies, current, or foreseen, legal requirements relevant to CSR do not apply to the majority of Cypriot businesses. This very fact raises a particular challenge for the development of CSR practices on the island. In light of this, we argue that voluntary CSR initiatives remain of primary importance, yet these should be developed within a broader framework which promotes cooperation between the various stakeholders.

KW - Cypriot SMEs

KW - Employee training

KW - Fairness

KW - Health

KW - Internal CSR

KW - Organisational justice

KW - Personal development

KW - Safety in the workplace

KW - Work-life balance

UR - http://www.scopus.com/inward/record.url?scp=85052882615&partnerID=8YFLogxK

U2 - 10.1504/GBER.2018.094451

DO - 10.1504/GBER.2018.094451

M3 - Article

AN - SCOPUS:85052882615

VL - 20

SP - 634

EP - 649

JO - Global Business and Economics Review

JF - Global Business and Economics Review

SN - 1097-4954

IS - 5-6

ER -