Open AccessMicro and small enterprises and their impact on external financing
Author(s) -
Esmeralda Aguilar-Pérez,
María Elena HERNÁNDEZ-HERNÁNDEZ,
Luis Ernesto Irigoyen-Arroyo
Publication year - 2021
Publication title -
journal-microeconomics
Language(s) - English
Resource type - Journals
ISSN - 2531-2987
DOI - 10.35429/jm.2021.9.5.19.22
Subject(s) - business , rest (music) , descriptive statistics , finance , descriptive research , medicine , statistics , mathematics , cardiology
The present research is carried out with the purpose of analyzing what are the sources of extrabank financing of micro and small enterprises, the study was developed through a statistical analysis to present the failures of the financial system, which have an effect on the participation of the directors of micro and small enterprises in extrabank loans. In this research the participants that were studied were the micro and small companies of the commercial sector of the municipality of San Martin Texmelucan, according to the SIEM there are 1127 registered companies that were taken as a base, of which 45% are commercial, 30% of services and the rest are industrial. The failures of the demand of the financial system, based on descriptive statistics and means, it can be perceived that the most noticeable difference appears in Failure 4: Mismanagement of resources, in Failure 2: Self-exclusion, and Failure 3: Risk aersion, and that these three failures have a significant effect on extrabank financing among the directors of MSEs.