The authors employ propensity score matching and a traditional control function approach to examine the impact of participation in various societal institutions on microfirm performance in Mexico. They find that firms that participate in credit markets, receive training, pay taxes, and belong to...

"The authors employ propensity score matching and a traditional control function approach to examine the impact of participation in various societal institutions on microfirm performance in Mexico. They find that firms that participate in credit markets, receive training, pay taxes, and belong...

The study analyzed the financial performance of selected micro, small, and medium enterprises using secondary data from financial statements for the past three years. Results showed the enterprises performed favorably in liquidity, activity and leverage but suffered from a low-level...

Empirical research on the consequences of the use of the balanced scorecard (BSC) has mostly been conducted in large firms. Previous findings are not easily applied to the small business literature, and assumptions about the benefits of BSC for small- and medium-sized enterprises (SMEs) are not...

We present evidence linking primary healthcare business characteristics, budgeting practices, and business performance. Based on a sample of 144 responses from a survey of members of the Australian Association of Practice Managers (AAPM), we find that factors identified by contingency-based...

Accountants in public practice are the main advisors to small and medium-sized enterprises (SMEs). SMEs use external accountants primarily to help fulfil regulatory requirements or satisfy contractual constraints (e.g., taxation, compilation and audit), but there is evidence that SMEs also rely...

This paper is based on an analysis of 183 responses from managing directors of small Finnish companies. The study describes the extent to which small Finnish firms have adopted traditional and contemporary MCS practices and how systematically they use the MCS information. Additionally, the use...