We also obtained interesting feedback regarding the current CSR practices of our sampled firms. All the managers interviewed adhered to a voluntary action or philanthropic type conception of CSR (Table 6). When asked about the type of CSR performed, all managers consistently referred to philanthropic activities and programs revolving mainly around philanthropic donations and ranging from the sponsoring of scholarships and events to donations/programs involving the orphans or handicapped, to volunteering and promoting good working conditions. The majority of local companies(five out of six) had no formal CSR program in place and no specific CSR values, with their philanthropic CSR activity rooted in most cases in principles of legitimacy and generalized community commitments.