Faedpyme International Review (Oct 2016)

Evaluation of the economic and financial management in Mexican microenterprises

  • Malena Portal Boza,
  • Duniesky Feitó Madrigal,
  • Blanca Estela Bernal Escoto

DOI
https://doi.org/10.15558/fir.v5i8.108
Journal volume & issue
Vol. 5, no. 8
pp. 20 – 31

Abstract

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The exhibit features Mexican microenterprises today give evidence of the problems that they face in terms of managing their activities, where the role of economic-financial elements is perceived. Although the issue has been addressed in previous studies the contribution of this study is to evaluate in an integrated manner the level of economic and financial management (GEF) in micro and impact on business results. To do an index is constructed from indicators synthetic methodology using the principal components factor analysis, accompanied by linear regression exercises. The results confirm the presence of elements of GEF in micro studied. Moreover, it was found that the extent to which GEF elements are incorporated in its activities, the impact on their business results will be positive. These observations constitute the prelude to the creation of public policies seeking to establish improvement strategies for such companies, besides that fosters future research for analysis but by sectors of economic activity.

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