Does the social relationship matter? The corporate social responsibility

Abstract

At the same time it reduces the risk of environmental problems and violation of worker's rights and leads to the further rising of competitive ability and further opportunities for business development in the future that is, leading to rise of value added. The CSR investments in small companies differ from those in large companies, but some of the features for small companies become even more pressing. Companies that fail to fulfil their CSR activities may eventually be doomed to disappear from the market. The conclusions of the present analysis are quite important to Lithuania, as well as to Africa where a small family-based business predominates and is very sensible to the changes in internal and external social relationships.