Competitiveness in Chile’s SMEs through CSR and Sustainability Practices

Mario Vázquez Maguirre, Consuelo García de la Torre

Research output: Chapter in Book/Report/Conference proceedingChapter (peer-reviewed)

Abstract

This chapter analyzes the practices of corporate social responsibility (CSR) and sustainability in Chilean small- and medium-sized enterprises (SMEs). This work follows an explorative and descriptive methodology that uses analysis of secondary information as data collection instrument. Results suggest that SMEs in Chile seem to have a higher degree of adoption of CSR practices when compared to those of other countries in Latin America. Chilean SMEs tend to concentrate their efforts in the area of human resources; therefore, these organizations are more willing to invest in labor-related issues than in the negative impacts they may generate in the environment and society. This can be evaluated as a natural first stage, since worker-focused CSR programs generally have a faster return on investment than those focused on other areas. Also, the relations that SMEs develop with local communities to create value are still an area of opportunity that can be addressed through the SMEs and CSR technical groups of the Pacific Alliance. This alliance is an ideal platform to share best CSR practices among SMEs, which probably will increase their competitiveness.
Original languageEnglish
Title of host publicationRegional Integration in Latin America
EditorsMónica Blanco-Jimenez, Jesús Jesús Cruz Álvarez
PublisherEmerald Group Publishing Ltd.
Chapter11
Pages155-165
Number of pages11
Volume1
ISBN (Electronic)978-1-78973-159-0
ISBN (Print)978-1-78973-160-6
DOIs
Publication statusPublished - 30 May 2019

Publication series

NameRegional Integration in Latin America

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  • Cite this

    Vázquez Maguirre, M., & García de la Torre, C. (2019). Competitiveness in Chile’s SMEs through CSR and Sustainability Practices. In M. Blanco-Jimenez, & J. Jesús Cruz Álvarez (Eds.), Regional Integration in Latin America (Vol. 1, pp. 155-165). (Regional Integration in Latin America). Emerald Group Publishing Ltd.. https://doi.org/10.1108/978-1-78973-159-020191011