ABSTRACT
Small and medium-sized enterprises (SME) are close to their founders, who often remain as founder-managers throughout the lifetime of the SME. Some SMEs transition well from micro- to small- to medium-sized businesses and eventually manage to become large corporations. The key business benefits for SME reporting are not dissimilar to those reported by big companies. Unequivocally, SME reporting was confirmed to bring business benefits in different ways and with regards to different stakeholder groups. None of our SME reporters regret the investment made in reporting, though all confirm that this investment has to be manageable and managed. Customers, employees, local community networks and others can all play a role in affecting the business performance of an SME. SME reporters also have made use of known and leading practice frameworks – the UN Global Compact Ten Principles or the GRI Reporting Framework.
