Open AccessManagement of SMEs in Mexico. In the face of new business scenarios and the theory of the agency
Author(s) -
María Rosa López Mejía,
Alicia Gómez Martínez,
Mitzi Donaji Sánchez Meléndez
Publication year - 2020
Publication title -
estudios de administración/estudios de administración
Language(s) - English
Resource type - Journals
eISSN - 0719-0816
pISSN - 0717-0653
DOI - 10.5354/0719-0816.2020.56967
Subject(s) - agency (philosophy) , face (sociological concept) , competition (biology) , business , work (physics) , chart , control (management) , business environment , principal–agent problem , marketing , industrial organization , management , business administration , economics , finance , engineering , sociology , mechanical engineering , ecology , social science , statistics , mathematics , biology , corporate governance
This century is characterized by an environment of strong business competition. For this reason, the purpose of this work was to identify the use of basic management tools such as Mission-Vision, Organization chart and Planning as well as accounting Systems and Internal Control in SMEs in Puebla, Mexico, according to their size, age and profile director of Agency Theory. It is an empirical, quantitative, cross-sectional study. The results shown, that regarding the structure of the property, family SMEs run by the director and the son of mature companies predominate, the ones that use the most management tools, but should boost their use for all business development in México.