Corporate Social Responsibility and SMEs in Vietnam: A Study in the Textile and Garment Industry

Loan Thi-Hong Van and Phuong Anh Nguyen
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Loan Thi-Hong Van: School of Advanced Study, Ho Chi Minh City Open University, Ho Chi Minh City 7000, Vietnam
Phuong Anh Nguyen: Graduate School, Ho Chi Minh City Open University, Ho Chi Minh City 7000, Vietnam

JRFM, 2019, vol. 12, issue 4, 1-14

Abstract: This study explored the influence of factors on the implementation of corporate social responsibility (CSR) in companies. The study used a quantitative approach in which a survey was conducted. The final 250 among various respondents in the textile and garment industry were used. The final respondents were top-, middle-, and low-level managers in 250 small and medium enterprises (SMEs) in Vietnam. The results indicate that competitive context, social influences, the understanding of managers about CSR, and the internal environment of companies are the four drivers of CSR. In the four drivers, competitive context has the strongest impact on adopting CSR. The finding implies that stakeholders’ pressure influences SMEs in this industry because of the high expectations from international stakeholders.

Keywords: corporate social responsibility; textile and garment industry; Vietnam (search for similar items in EconPapers)
JEL-codes: C E F2 F3 G (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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