INFLUENCING ESG PERCEPTION IN SMES THROUGH CSR, BUSINESS ETHICS, AND HRM: AN EMPIRICAL STUDY IN V4 COUNTRIES

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F24%3APU152036" target="_blank" >RIV/00216305:26510/24:PU152036 - isvavai.cz</a>

Result on the web

<a href="https://www.amfiteatrueconomic.ro/temp/Article_3319.pdf" target="_blank" >https://www.amfiteatrueconomic.ro/temp/Article_3319.pdf</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.24818/EA/2024/66/532" target="_blank" >10.24818/EA/2024/66/532</a>

Result language

angličtina

Original language name

INFLUENCING ESG PERCEPTION IN SMES THROUGH CSR, BUSINESS ETHICS, AND HRM: AN EMPIRICAL STUDY IN V4 COUNTRIES

Original language description

The aim of the paper is to define the important factors of Corporate Social Responsibility (CSR), Business Ethics (BE), and Human Resource Management (HRM), and to quantify their impact on the formation of positive attitudes of SMEs towards the concept of Environmental, Social, Governance (ESG) and its acceptance. To support the achievement of this goal, empirical research was conducted in the Visegrad Group (V4 countries) with a sample of 1,056 respondents in March 2024. The defined scientific hypotheses were verified through the Ordered Least Model (OLM). The research results indicate the following trends. Selected factors from CSR, BE, and HRM demonstrated an influence on shaping the positive attitudes of SMEs toward understanding and accepting the ESG concept. Empirical research confirmed that the CSR domain significantly influences the positive approach of SMEs towards ESG. This study in the HRM field emphasises the importance of a participatory leadership style for employees. This approach, among other benefits, contributes to a positive attitude of SMEs towards understanding and accepting the ESG concept. Planning the qualification and career growth of employees does not represent significant factors in shaping the positive stance of SMEs towards ESG. SMEs' attitudes in the BE field clearly indicate that a consistent approach by managers in implementing anti-corruption measures shapes the right approaches of SMEs towards ESG. On the other hand, the formal declaration of applying BE in the activities of SMEs and the existence of a moral code do not positively influence the perception on ESG.

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2024

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Amfiteatru Economic

ISSN

1582-9146

e-ISSN

2247-9104

Volume of the periodical

26

Issue of the periodical within the volume

66

Country of publishing house

RO - ROMANIA

Number of pages

18

Pages from-to

532-549

UT code for WoS article

001248217500008

EID of the result in the Scopus database

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