"SME CSR, Stakeholder Salience and Financial Performance: A Conditional Relationship"

Small and Medium Enterprises (SMEs) are intrinsically different from large firms in their approach in implementing their CSR actions. Nevertheless, and despite growing recognition of the SMEs¢ importance for the economy, studies on SME CSR remain rare. This paper adds to the academic search for a link between CSR and firm financial performance by focusing on SMEs and examining the moderating role of stakeholder salience. The CSR actions of 140...