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In this paper, a new analysis is presented of the social and ethical orientation of small firm owner‐managers. Using exploratory qualitative empirical evidence, it is proposed that there are four “frames” of perceiving the social perspective of the small business. These are profit‐maximisation priority, subsistence priority, enlightened self‐interest and social priority. If policy makers wish to influence the ethics of small firms, they need to be aware of this diversity of viewpoints and move beyond the notion of the profit‐maximising, rational economic entrepreneur as the standard image of the small business owner‐manager.

This article explores the different approaches taken to environmental regulation of the small firm in the UK and The Netherlands and the relationship of such regulation with the attitudes of small business owner‐managers. Using evidence from 40 interviews with businesses in both countries, we contrast the engagement and orientation of these enterprises with the business‐environment agenda. In both countries, government rhetoric stresses the harmony between business and environmental objectives: on the ground, attitudes of owner‐managers stress that these goals are far from complementary. In the UK, owner‐managers feel that environmental issues are a legitimate area of concern, but government should take the lead in addressing business‐environmental issues. Here, businesses are reacting to a policy context where environmental issues are seen as either a cost on the business, or presented as having simplistic win‐win outcomes. Businesses themselves, however, perceive it very much as an additional burden. In The Netherlands, SMEs have been targeted by the State by joint regulation through legislation, licensing and voluntary initiatives. This results in generally higher levels of environmental care. Small firms in The Netherlands appear to have accepted the importance of this and their shared responsibility for environmental care. In view of the shifting business‐environment policy debate in the UK, it is unlikely that the current reliance on voluntary initiatives and economic incentives will bear fruit. Different approaches may need, therefore, to be explored.

The purpose of this paper is to investigate the adoption of sustainability practices by small and medium‐sized manufacturing (SMM) firms, the ways these firms work with their stakeholders for social and environmental purposes, and the relationships between the adoption of sustainability practices, stakeholder interaction, and product and process innovation.

This paper uses data from telephone interviews with 296 companies, a sustainability typology, and descriptive and statistical regression analysis.

The majority of the firms are adopting sustainability practices at least to some degree, stakeholders such as community advocacy groups, employees, suppliers, customers, and the local media are influencing the adoption of sustainability practices, and firms with high adoption rates of environmental practices are more successful in product and process innovation.

The results of this research can help firms and stakeholder groups with their joint efforts to develop sustainability strategies. Community advocacy groups, employees, suppliers, customers, and the local media are capable of motivating firms to give something back to the communities in which they conduct their business.

This paper contributes new understanding of the adoption of sustainability practices by SMM firms, the ways these firms work with their stakeholders for social and environmental purposes, and the relationships between the adoption of sustainability practices, stakeholder interaction, and product and process innovation.

This paper aims to investigate whether organisations in developing economies legitimise their level of profit.

Organisations’ level of profit is evaluated against the readability of sections of information available in the corporate annual reports. These sections include the Chairman’s Report, the Chief Executive Officer Report and the Notes to the Accounts.

More profitable organisations report more readable information in their corporate annual reports. Information in the non-mandatory sections of the report (Notes to the Accounts) is more readable compared to the information in the mandatory sections of the report (Chairman’s Report). Larger organisations report more readable information. Public Enterprises report more readable information compared to the Publicly Listed Companies.

Organisations in the developing economies are aware of their role in their society. They respond to instances of possible violation of the implied social contract by sharing information in ways that relays news in certain ways.

Evidence of presence of legitimising activities by organisations would imply the need to strengthen the regulatory and monitoring guidelines to ensure efficient use of society’s resources and a fair rent charge for the utilities.

There is a greater need to monitor and question organisations’ level of earned profit to ensure it is necessary to maintain their operations.

This study is the first attempt to investigate organisations’ immediate legitimising activities in relation to their reported profit.

The purpose of this research is to present a detailed description of the qualitative research method adopted by the author in his doctoral research into the investment decision‐making process in small manufacturing enterprises; and to inform small firm researchers generally, particularly those who may be considering the use of a qualitative research methodology for the first time in the study of processes of decision‐making.

“Insider accounts” is an innovative qualitative methodology, which involves in‐depth, semi‐structured interviews and direct observation, conducted longitudinally in a case study approach. It is a research method, which includes detailed accounts from the actors themselves, incorporating the actual motives and behaviour of owner‐managers. It is based on a philosophy that the “objects” studied are in fact “subjects”, producing accounts of their world.

The finding in the study for which this methodology was used is that owner‐managers predominantly use “bootstrapping” techniques for their investment appraisal rather than the more formal methods suggested in the financial management literature. So‐called “objective” studies of decision‐making process using questionnaires and positivist‐type approaches, do little to help to answer the basic questions relating to how and why decisions are taken. Without answering these questions it is impossible to recommend how practices can become more effective.

The study is limited to the extent to which it can be generalised to a wider population of small firms.

The paper presents a detailed description of a qualitative research method, “insider accounts”.

This paper aims to focus on liquidity management in small firms and how this may be best met. It seeks to present results from eight case study firms to demonstrate different types of learning in small firms.

The paper uses a qualitative methodology that involves in‐depth, semi‐structured interviews and direct observation, conducted longitudinally in eight case study companies.

The findings suggest that liquidity management is either based on owner‐manager past experiences, experiences of others or is strongly influenced by industry norms, which are shared rules within the industry, and not based on the calculation of costs and benefits of particular causes of action.

The study is limited to the extent to which it can be generalised to a wider population of small firms. The main implication is that policy makers should facilitate networking opportunities where owner‐managers can interact with external advisors.

The originality and value of the paper is that it conceptualises liquidity management in small firms as a learning process utilising closed and open loop learning.

The purpose of this paper is to identify the role intermediaries can play in an small to medium‐sized enterprise's (SME's) pursuit for corporate sustainability with a focus on eco‐innovation. The research identifies drivers and barriers for eco‐innovation, and highlights effects induced through collaboration between SMEs and local authorities, on the one hand, and consultancies, on the other.

This paper is based on an exploratory qualitative interview study among German SMEs of the metal and mechanical engineering industry that have participated in “Ecoprofit”, an intermediary based program that aims at introducing organizations to the concept of sustainable development through implementation of eco‐innovations.

The key findings are that first, the proactive approach by a public intermediary (here local authority) is one essential push factor to trigger eco‐innovations in SMEs with low absorptive capacity. Second, it is found that SMEs may need facilitation for eco‐innovation from different types of intermediaries (public and private) with different levels of support, which can range from customized and individual to more loosely held support, such as networks.

This study discusses the challenges of corporate sustainability with a focus on eco‐innovations for SMEs and proposes a “complex intermediary” consisting of a local authority and consultancies as one means to engage SMEs in sustainability. Moreover, it focuses on SMEs in the B2B context, organizations that are often overlooked despite their vast impact. Furthermore, by using a single industry approach, in‐depth findings for the metal and mechanical engineering industry are presented.

Socio‐economic decline in rural areas is a pervasive and debilitating phenomenon in terms of regional development, particularly when former models of economic growth which once stimulated business generation and regeneration can no longer be counted on to do so. In these austere times, models of social and community enterprise are becoming more important. This corresponds to the emergence of theories of community‐based entrepreneurship and social enterprise as explanatory variables. Such theories are used to label enterprising behaviour enacted within our communities, even when the theoretical arguments underpinning these re‐conceptualisations require to be stretched to permit this. Often the resultant explanations are not entirely convincing. The purpose of this paper is to challenge existing conceptualisations of community‐based entrepreneurship and social enterprise.

Using a case study methodology, the paper reports on the activities of the Buchan Development Partnership (BDP) – a community‐based project situated in the Buchan area of Aberdeenshire, Scotland – demonstrating how individual and community enterprise can be utilized to develop enterprising individuals and communities by growing enterprises organically. The case articulates this process, as it occurred in a rural development partnership using a narrative‐based case study methodology to examine activities and growth strategies.

The case bridges issues of entrepreneurship, entrepreneurial process, community and regional development and tells a story of community regeneration through the process of “Community Animateurship”.

Research, practical and social implications are discussed but in particular the need to adopt a more holistic “bottom up” approach.

This case challenges existing conceptualisations of community‐based entrepreneurship and social enterprise.

In small-business-communities trust is important inter/intra family particularly in relation to familial dynamics. Seldom is mistrust or distrust examined in an academic context. In business families “Black-Sheep” often rebel against familial expectations by engaging in criminal activity. This is important because entrepreneurs are eulogised by society and as an institution, family business is venerated. The very idea that small business owners would knowingly engage in crime is anathema. The paper aims to discuss these issues.

Using retrospective ethnography and immersion techniques this quasi-longitudinal study of (dis)organized crime in a small-business-community (SBC) starts the bridging process.

There is an assumption that business crime is best accommodated under the rubric of white-collar-criminality typically regarded as an excusable middle-class crime compared to organized working-class crime. By focusing on the black-sheep of business families collectively this work illustrates how there may be a stronger link between organized-crime-groups and the local-business-community than previously assumed because a small minority of businessmen engage in the commission of ordinary crime by choice.

The methodology used is a limitation as is replicating it in other small-business-communities.

This study provides an alternative heuristic through which to understand the application black-sheep-thesis in business settings. The knowledge developed has practical implications for the investigation of crime in such communities and for researchers in the field.

This study extends knowledge of white-collar-criminality within the business domain.

This is an original and novel study which extends our knowledge and understanding of trust based issues in business settings and the SBC.