Corporate Social Responsibility in Small Business: Strengths and Development Challenges

Abstract

The present research featured the theory and practice of corporate social responsibility in small business. The research objective was to define the benefits and problems of implementing corporate social responsibility in small businesses. The study was based on domestic and foreign publications on small business and corporate social responsibility. A set of standard methods of analysis revealed that small business needs to expand the implementation of corporate social responsibility. The authors believe that small business in unrecognized states needs more state support, especially in the field of digital technologies and social activities. The data obtained can help small private enterprises to introduce the principles of social responsibility in their business.