SUPERVISION, IMPACT ON THE FINANCIAL PROFITABILITY OF PYMES. MANUFACTURING SECTOR, LA SUPERVISION, SU IMPACTO EN LA RENTABILIDAD FINANCIERA DE LAS PYMES: SECTOR MANUFACTURERO

Luis Alfredo Arguelles Ma, Roman Alberto Quijano Garcia, Mario Javier Fajardo and Deneb Eli Magana Medina

Revista Internacional Administracion & Finanzas, 2013, vol. 6, issue 3, 15-27

Abstract: This paper presents descriptive and correlational research, qualitative and quantitative, carried out in eleven small and medium enterprises in the manufacturing sector, San Francisco de Campeche, Campeche, Mexico. The paper addresses financial profitability as it relates to monitoring generated from the perspective of internal control in organizations. A large number of operations closed institutions, getting no expected financial results. The literature suggests a lack of supervision, based on efficient and reliable systems. The purpose is to provide employers a guide of elements to make good decisions. We investigated the most significant aspects of supervision, that impact profitability. We identifying those variables that best explain the relationship between financial profitability and monitoring. The result shows a negative association between the two, explains that the higher investment in monitoring, lower profitability, by contrast, and is lower, improve financial results. Proving to be reliable to predict financial profitability of pymes, taking as support the monitoring, and promoting its growth.

Keywords: Supervision; Financial Profitability; Pymes (search for similar items in EconPapers)
JEL-codes: M21 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ibf:riafin:v:6:y:2013:i:3:p:15-27

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