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A primer on governance and performance in small and medium-sized enterprises

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  • Enrique Yacuzzi

Abstract

This paper is a primer on corporate performance, corporate governance, and their interrelationships and measurement systems, with particular focus on Small and Medium- Sized Enterprises (SMEs). This is the first report of a larger on going research project. In the domain of performance measurement the paper describes the trend from financial to non-financial measures, as well as a taxonomy of measures and the impact of the TQM movement on measurement practices. In the domain of governance, governance as a general concept is presented, followed by the more specific concept of corporate governance. Four theories of corporate governance are explained, along with literature findings on the relationship between corporate governance and corporate performance, with reference to both works on large firms and works on SMEs.

Suggested Citation

  • Enrique Yacuzzi, 2005. "A primer on governance and performance in small and medium-sized enterprises," CEMA Working Papers: Serie Documentos de Trabajo. 293, Universidad del CEMA.
  • Handle: RePEc:cem:doctra:293
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    File URL: https://www.ucema.edu.ar/publicaciones/download/documentos/293.pdf
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    References listed on IDEAS

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    Cited by:

    1. Enrique Yacuzzi, 2008. "A governance indicator for small and medium-sized enterprises," CEMA Working Papers: Serie Documentos de Trabajo. 390, Universidad del CEMA.
    2. Enrique Antonio Yacuzzi, 2012. "Japanese management techniques to enhance the governance of Greek small and medium-sized firms," CEMA Working Papers: Serie Documentos de Trabajo. 494, Universidad del CEMA.
    3. Roberto F. Minguillón & Enrique Yacuzzi, 2009. "Design of an indicator for health and safety governance," CEMA Working Papers: Serie Documentos de Trabajo. 399, Universidad del CEMA.
    4. Enrique Antonio Yacuzzi & Roberto Fernando Minguillón, 2013. "Simple techniques to enhance the governance of a family business," CEMA Working Papers: Serie Documentos de Trabajo. 517, Universidad del CEMA, revised Sep 2014.

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    More about this item

    Keywords

    Corporate governance; corporate performance; measurement; small and medium-sized enterprises (SMEs);
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management

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