Ciência-IUL
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Publication Detailed Description
Journal Title
Journal of Accounting in Emerging Economies
Year (definitive publication)
2024
Language
English
Country
United Kingdom
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Abstract
Purpose – With the increasing awareness of sustainability and its importance around the world, corporate
social responsibility (CSR) in Africa also requires attention. Based on the stakeholder theory, this study aims to
determine the relationship between CSR information received by small and medium-sized enterprises (SMEs)
and CSR’s diffusion and the mediating role of environmental awareness in Angola as a country representative
of the African context.
Design/methodology/approach – The empirical study analyzes managers’ perceptions of 131 SMEs in
Angola. The partial least squares structural equation modeling (PLS-SEM) is the method to assess the relationship
between CSR information and its diffusion and the mediating role of environmental awareness SMEs in Angola.
Findings – The authors found strong evidence that CSR diffusion, and disclosure as one of CSR’s related
actions, heavily depends on the information received and managed by the firm. The authors also confirmed that
environmental awareness puts pressure on SMEs to increase the SMEs’ diffusion efforts.
Practical implications – The study points out the role of managers in promoting a responsible orientation of
businesses in Angola for preserving the environment and improving the competitive success of SMEs.
Social implications – The social, economic and legal contexts of Angola are vulnerable. The findings raise
concerns about whether governments and regulatory efforts improve the development of the strategies toward
social responsibility of African firms and whether these firms also increase the role of SMEs in producing
positive outcomes through CSR.
Originality/value – The results of this study contribute to a better understanding of the features of the
strategic orientation of SMEs in Angola, necessary to enhance CSR and protect the environment.
The conclusions highlight the potential role of managers in promoting a culture of ethics, social innovation
and successful competition change in businesses.
Acknowledgements
The authors gratefully acknowledge the financial support received from Fundaçao para a Ciência e
Tecnologia, grant UIDB/00315/2020 and grant UIDB/04007/2020 and from Junta de Extremadura and
EU for supporting the research group SEJ021.
Keywords
Africa,Angola,Corporate social responsibility,Stakeholder theory,Small and medium enterprises,SMEs,Structural equation modeling,SEM-PLS
Fields of Science and Technology Classification
- Psychology - Social Sciences
- Economics and Business - Social Sciences
- Sociology - Social Sciences
Funding Records
Funding Reference | Funding Entity |
---|---|
UIDB/00315/2020 | Fundação para a Ciência e a Tecnologia |
UIDB/04007/2020 | Fundação para a Ciência e a Tecnologia |