Materiality Analysis for CSR Reporting in Spanish SMEs

Abstract

Most corporate social responsibility (CSR) standards have not been designedto be implemented in small and medium sized enterprises (SMEs). Giventhat 99% of Spanish companies are SMEs, this study aims to propose aselection of basic CSR material issues that, because of their usefulness andsignificance, should be adapted to Spanish SMEs and their stakeholders.This study provides a CSR model for SMEs that includes the most importantsocial, environmental, and corporate governance issues. This model, whichis based on expert knowledge, is useful for integrating sustainability in themanagement of SMEs and enhancing the management of stakeholders.

Keywords

• management
• corporate social responsibility
• small and medium sized enterprises
• reporting
• materiality
• stakeholders