"Analyzing Socially Responsible Business Practices in SMEs" by Yogesh Kumar is a comprehensive examination of the role and impact of socially responsible practices in the context of small and medium-sized enterprises (SMEs). This book delves into the various dimensions of social responsibility and explores how SMEs can integrate ethical, environmental, and social considerations into their business operations.
The author conducts a detailed analysis of the challenges and opportunities faced by SMEs in adopting and implementing socially responsible practices. Drawing on empirical research, case studies, and theoretical frameworks, the book provides insights into the motivations, drivers, and barriers for SMEs to engage in socially responsible behavior. It investigates the impact of these practices on the overall business performance, reputation, stakeholder relationships, and long-term sustainability of SMEs.
Key topics covered in the book include corporate social responsibility, sustainable business practices, ethical decision-making, stakeholder engagement, environmental stewardship, community involvement, employee welfare, supply chain management, and responsible marketing. It explores the unique context of SMEs, considering their resource constraints, operational complexities, and specific challenges in adopting and integrating socially responsible practices.
This book is an invaluable resource for academics, researchers, policymakers, and practitioners interested in understanding the role and significance of socially responsible business practices in the SME sector. It offers practical insights, best practices, and strategic recommendations for SMEs to enhance their social impact while maintaining a competitive advantage in today's dynamic business landscape.
