Corporate social responsibility and corporate governance in Italian SMEs: the experience of some “spirited businesses” |
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Authors: | Mara Del Baldo |
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Institution: | (1) Department of Business Studies, University of Urbino “Carlo Bo”, Via Saffi, 42, 61029 Urbino, Italy |
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Abstract: | The study proposes to individuate the relationship between social engagement, social statements and governance of SMEs. Does
an adhesion to the philosophy and to the practices of CSR, which are reflected in a firm’s mission and accountability, positively
influences its governance? If so, is this influence more or less significant for SMEs with respect to large-sized firms? This
paper winds itself around these questions and describes the principle findings that have emerged from a qualitative investigation
focused on a selected group of “cohesive” Italian SMEs, in which their management complies with both economic and social issues.
The empirical study finds that the diffusion of CSR is tied above all to the entrepreneur’s values and orientation and to
the company embeddedness to the local socio-economic environment. The concluding reflections trace the features of a territorial
model of socially responsible orientation centered on the best practices of SMEs who are excellent examples of “spirited businesses”
and are part of a network (which includes institutions, trade associations, non-profit organizations, etc.) that contributes
to the diffusion of an orientation towards CSR and to sustainability across the territory. |
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Keywords: | |
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