Open AccessSME business performance: an analysis of economic activities by sectors and subsectors in Guanajuato, Mexico
Author(s) -
Martha Rìos Manríquez
Publication year - 2021
Publication title -
acta universitaria
Language(s) - English
Resource type - Journals
eISSN - 2007-9621
pISSN - 0188-6266
DOI - 10.15174/au.2021.2954
Subject(s) - profitability index , ordinary least squares , manufacturing sector , business , product (mathematics) , sample (material) , quality (philosophy) , industrial organization , descriptive statistics , economics , mathematics , econometrics , labour economics , statistics , finance , philosophy , chemistry , geometry , chromatography , epistemology
This article identifies the factors that influence business performance (BP) in the construction, trade, and services sectors, as well as sub-sectors and branches of the manufacturing sector of small and mid-size enterprises (SME) in the state of Guanajuato, Mexico. A quantitative, descriptive, and correlational statistical analysis was performed on a sample of 460 enterprises, estimating a linear regression model using the ordinary least squares (OLS) method. Empirical evidence reveals that the construction, trade, and services sectors agree that profitability, efficient internal processes, and low labor absenteeism are those factors that mostly influence BP. On the other hand, in sub-sectors of low-technology manufacturing (minerals, metals, plastic and rubber; textile; and leather and substitute materials), the quality of product is the factor viewed as the most relevant to explain BP in Mexican SME.