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The View from the Boardroom - UNDP Trinidad and Tobago

The View from the Boardroom - UNDP Trinidad and Tobago

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<strong>The</strong> <strong>View</strong> <strong>from</strong> <strong>the</strong> <strong>Boardroom</strong> - CEO Study on Corporate Social Responsibility in <strong>Trinidad</strong> <strong>and</strong> <strong>Tobago</strong>Methodology<strong>The</strong> CEO report on Corporate Social Responsibility in <strong>Trinidad</strong> <strong>and</strong> <strong>Tobago</strong> wasconducted over a six month period between April <strong>and</strong> September 2011. <strong>The</strong> targetsample included 50 CEOs with questionnaires <strong>and</strong> interview requests sent out toa total of 142 companies. This meant that in order to achieve <strong>the</strong> target sample,over-sampling of more than 100% was necessary. A total of 53 CEOs participatedin <strong>the</strong> survey <strong>and</strong> interviews. <strong>The</strong> majority of CEOs – 62.9% - were in <strong>the</strong>ir seniorposition for more than six years <strong>and</strong> only 37% had served for five or less years at<strong>the</strong> time of <strong>the</strong> interview.Since when do you lead <strong>the</strong>company as CEO?22.9%37.1%20.0%20.0%5 years or less6-10 years10-15 years16-20 years<strong>The</strong> companies selected for this study represent a comprehensive blend of eightindustrial sectors. <strong>The</strong>y are:1. Consumer Goods <strong>and</strong> Services2. Infrastructure an d Transportation3. Banking <strong>and</strong> Insurance4. Energy5. Professional Services6. Electronics7. Chemicals<strong>The</strong> participating companies were chosen <strong>from</strong> among both Small <strong>and</strong> MediumEnterprises (SMEs) as well as <strong>from</strong> <strong>the</strong> group of larger national <strong>and</strong> multinationalcompanies. Despite its predominant focus on private companies, four CEOsrepresented companies that are ei<strong>the</strong>r wholly or partially owned by <strong>the</strong> state. Thisdecision was made in recognition of <strong>the</strong>ir importance for <strong>the</strong> national economy.<strong>The</strong> study used <strong>the</strong> categorisation of <strong>the</strong> <strong>Trinidad</strong> <strong>and</strong> <strong>Tobago</strong> Ministry of Labour<strong>and</strong> Small <strong>and</strong> Micro Enterprises (MLSME) to determine company size. This localtemplate was chosen in order to reflect <strong>the</strong> specific structure of <strong>the</strong> local PrivateSector which, based on total numbers of employees, is dominated by SMEs.14

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