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What Is an SME?

In: A Guide to SME Financing

Author

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  • David Munro

Abstract

Size-based definitions (total assets, turnover, number of employees) vary widely from country to country and make comparisons difficult. It is better to differentiate SMEs from micro-enterprises and large enterprises on the basis of complexity of organizational norms. Corporate governance options are discussed in some detail in this chapter.

Suggested Citation

  • David Munro, 2013. "What Is an SME?," Palgrave Macmillan Books, in: A Guide to SME Financing, chapter 1, pages 7-13, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-37378-6_2
    DOI: 10.1057/9781137373786_2
    as

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