Improving employee satisfaction and business performance in SMMEs through business social responsibility

Research output: A Conference proceeding or a Chapter in BookConference contribution

Abstract

Enterprises are increasingly becoming aware of the need to make positive contributions to society and to consider the needs of their stakeholders. Business social responsibility (BSR) is an important tool that can assist enterprises in doing so. Prior research has indicated that employees are important stakeholders in enterprises because of their interaction with customers and their importance in the performance of enterprises. Therefore, it is important to identify how certain BSR dimensions can lead to employee satisfaction and improved business performance, as the literature investigation has revealed the benefits that can accrue to enterprises for ensuring employees are satisfied. This paper discusses how BSR can be used in improving employee satisfaction and business performance in Small, Medium and Micro-sized enterprises (SMMEs). 164 usable questionnaires from SMME owners/managers from the Nelson Mandela Bay area were subjected to various statistical analyses, such as multiple regression analyses to examine the relationships between BSR dimensions, employee satisfaction and business performance. The empirical findings revealed that the BSR dimensions with the most significant influence on employee satisfaction and ultimately business performance are Physical work environment, Ethical and legal considerations and Environmental considerations. Finally, the paper presents recommendations to SMME owners/managers on how BSR can be used to improve employee satisfaction and business performance.
Original languageEnglish
Title of host publicationProceedings of the 27th Annual SAIMS Conference 2015
EditorsSuki Goodman, Gert Human, Chao Mulenga, David Priilaid, Jeandri Robertson
Place of PublicationSouth Africa
PublisherThe Southern African Institute of Management Scientists (SAIMS)
Pages1624-1649
Number of pages26
ISBN (Print)9780620665049
Publication statusPublished - 2015
Externally publishedYes
Event27th Annual SAIMS Conference: Management in Southern Africa: Change, Challenge and Opportunity -
Duration: 30 Aug 20151 Sep 2015

Conference

Conference27th Annual SAIMS Conference
Period30/08/151/09/15

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