The aim of the dissertation thesis is to evaluate the concept of corporate social responsibility in management and economics of surveyed small and medium sized enterprises. In the same time, to assess whether corporate social responsibility in current business environment represents benefit by analysing the relationship between the level of corporate social responsibility and the surveyed enterprises' financial situation within. The present dissertation thesis characterizes current social responsibility practice of surveyed small and medium sized enterprises with the help of the created composite indicator of corporate social responsibility level evaluation consisting of 14 selected indicators. The essential results represent statistical analysis of the causal effect of corporate social responsibility level on the financial health of surveyed companies. As the summary of the processed analyses and overall results, there was created model covering the key elements of social responsibility with ties to the management and economics of surveyed small and medium sized enterprises.