Implementation of Corporate Social Responsibility Environmental Actions in Comparison of Small, Medium, and Large Enterprises in the Slovak Republic

Abstract

Corporate social responsibility (CSR) has been a highly debated topic in recent years. The aim of this approach is to achieve sustainability through three basic pillars: the economic, social, and environmental. Today, corporate environmental responsibility is coming to the fore with the aim of solving global and regional environmental issues. An important aspect of the study was to identify the influence of the size of a company on the involvement in CSR. The results of the study suggest the potential impact of the legislative obligation to disclose non-financial information (CSR activities) on involvement in CSR, where only large companies have this obligation. No study has been conducted in the Slovak Republic on the impact of the size parameter of a company on CSR activities in the environmental area comparing small, medium, and large enterprises. The findings also indicate differences between the approach companies take to global and regional environmental issues, showing that companies are more involved with regional environmental issues. This paper adds to the literature on the issues of sustainability, corporate social behaviors, and the environmental access of companies of different sizes. The research showed the highest involvement in CSR activities in the field of ecology in large companies, which creates the need for further research with regard to possible legislative changes, with the possibility of extending the mandatory reports of CSR activities to small- and medium-sized enterprises.