The role of management accounting on the relationship between corporate social responsibility and performance in SMEs
ISSN: 1368-3047
Article publication date: 26 December 2023
Issue publication date: 23 February 2024
Abstract
Purpose
This study aims to explore corporate social responsibility (CSR) implementation in small and medium-sized enterprises (SMEs) and examines the role of management accounting practices (MAPs) in the relationship between CSR and performance in SMEs.
Design/methodology/approach
A questionnaire survey was conducted among 1,000 SMEs in the southern region of Malaysia, and 203 valid replies were received.
Findings
The results indicate that most SMEs are informed about their social responsibilities across several CSR dimensions. There is evidence that supports the significant direct relationship between CSR and firm performance, and MAPs significantly and indirectly contribute to the effect of CSR on firm performance.
Originality/value
The findings contribute to an understanding of how the integration of CSR and MAPs can amplify the effect of CSR implementation on performance in SMEs. The finding may be useful for the relevant policymakers to increase socially responsible activities among SMEs to spur further growth for SMEs and society. SMEs may acknowledge MAPs as a significant intermediary in making CSR activities financially and operationally feasible.
Keywords
Acknowledgements
The authors would like to thank the University of Tun Hussein Onn Malaysia for providing a research grant to support the accomplishment of this study.
Citation
Ahmad, K. and Mohamed Zabri, S. (2024), "The role of management accounting on the relationship between corporate social responsibility and performance in SMEs", Measuring Business Excellence, Vol. 28 No. 1, pp. 122-136. https://doi.org/10.1108/MBE-04-2023-0068
Publisher
:Emerald Publishing Limited
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