Management of SMEs in Mexico. In the face of new business scenarios and the theory of the agency

  • María Rosa López Mejía Facultad de Contaduría Pública, Benemérita Universidad Autónoma de Puebla
  • Alicia Gómez Martínez Facultad de Contaduría Pública, Benemérita Universidad Autónoma de Puebla
  • Mitzi Donaji Sánchez Meléndez Facultad de Contaduría Pública, Benemérita Universidad Autónoma de Puebla

Abstract

This century is already characterized by seriously competitive business environment. For this reason, the purpose of this work was to identify the use of basic management tools such as mission and vision, organizational charts and planning as well as accounting systems and internal control in SMEs in Puebla, Mexico, according to their size, age and profile according to the director of the Agency Theory. It is an empirical, quantitative and cross-sectional study whose results show that family SMEs run by the director and the son of mature companies predominate the corporate structure and are the ones that take most advantage of management tools but that their use should be boosted throughout businesses in México.
Keywords Management tools, SMEs, Accounting system, Internal control
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How to Cite
López Mejía, M., Gómez Martínez, A., & Sánchez Meléndez, M. (2020). Management of SMEs in Mexico. In the face of new business scenarios and the theory of the agency. Estudios de Administración, 27(1), 69-91. doi:10.5354/0719-0816.2020.56967
Section
Articles
Published
2020-05-25