FEATURES OF SUSTAINABLE DEVELOPMENT AT THE LEVEL OF SMES

SMEs represent a large share of the enterprises on the national and EU level. This article proposes to examine the applicability of CSR policies for SMEs. SMEs differ from large enterprises in many aspects of their financing, functioning, culture and relationship with shareholders and stakeholders. SME social responsibility practices cannot solely be judged by the same measure as the CSR practices of large enterprises due to the inherently different nature of the different sized enterprises.