Development and Validation of Sustainability Framework for SMEs

Charlotte R. Carag; Karel C. Danao; Carine Ayrrah Mei A. Lara; Ritcher Keint D. Pablico; Rovic Angelo C. Rola; Darin Jan Tindowen; Karen Joy Catacutan

doi:10.55927/ajmee.v2i1.4090

Authors

Charlotte R. Carag University of Saint Louis
Karel C. Danao University of Saint Louis
Carine Ayrrah Mei A. Lara University of Saint Louis
Ritcher Keint D. Pablico University of Saint Louis
Rovic Angelo C. Rola University of Saint Louis
Darin Jan Tindowen University of Saint Louis
Karen Joy Catacutan University of Saint Louis

DOI:

https://doi.org/10.55927/ajmee.v2i1.4090

Keywords:

Publicly Listed Entities Framework, Sustainable Development, Sustainability Reporting

Abstract

This descriptive – developmental - evaluative study was conducted to understand and analyze the business activities and experiences of SMEs in Tuguegarao. Based on the data gathered, a proposed sustainability development framework was developed and further analyzed by experts in this field using the Delphi Technique Model. The participants of the study were 20 owners of small and medium enterprises that are not publicly listed and 5 experts to validate the framework. Results showed that sustainability activities are existent also to SMEs and these activities have brought support to the success of these business ventures. The availability of frameworks only to publicly listed entities impeded these enterprises to have their sustainability reporting because of the complexity of existing frameworks

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