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Copyright of Investigación Económica is the property of Universidad Nacional Autonoma de Mexico, Facultad de Economia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Financial literacy is the ability of people to process economic information to make better financial decisions. Therefore, the financial literacy of entrepreneurs could affect the management of their companies and their results. The aim of this research is to determine if there is a significant relationship between companies' performance and financial knowledge, financial behavior, and financial attitude of micro, small, and medium-sized entrepreneurs. The incidence of the variables age, size, and sector of the companies, as well as the entrepreneur's age, gender, and educational level on companies' performance, is also analyzed. Data from 206 entrepreneurs from Veracruz, Mexico, were analyzed using a logistic regression model. The results show that the financial behavior of the entrepreneurs has a positive and highly significant effect on companies' performance, although the entrepreneur´s knowledge and attitude don´t have a significant relationship with companies´ performance. The results also show that companies in the industrial sector led by men are less likely to obtain high performance compared to those in the commerce sector. No incidence was found of the variables age, size of the company, and entrepreneur´s educational level on the performance of their companies. [ABSTRACT FROM AUTHOR]

Copyright of Estudios Gerenciales is the property of Universidad ICESI and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Small Business International Review is the property of Asociacion Espanola de Contabilidad y Administracion de Empresas and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Contaduría y Administración is the property of Facultad de Contaduria y Administracion-Universidad Nacional Autonoma de Mexico and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The COVID-19 pandemic has paralyzed businesses, causing a global economic crisis. In this paper, the support that the Mexican government intends to give to companies that fell into crisis is analyzed. The problem lies in a lack of knowledge of these companies: those that were in crisis before the epidemic and those that went into crisis because of it. To avoid economic and social losses, an asymmetric game is presented, the results show a mechanism to incorporate signals and improve uncertainty. The analysis deduces a threshold that determines a percentage of companies to support, showing that it is optimal to support 46% of the approximately 4 million MSMEs that exist in Mexico. The scarce official information limits the results, in addition to the fact that the model only shows a resource allocation mechanism and not an equilibrium, since the company player only emits an exogenous signal. [ABSTRACT FROM AUTHOR]

Introduction: Currently, restaurant MSMEs in the state of Tabasco, Mexico, must restructure their value proposition to face an environment that the health contingency caused by COVID-19 poses opportunities and threats to their effectiveness. However, little is known about the practices that these types of companies have carried out and the results they have obtained during the COVID-19 pandemic in the southeast region of Mexico. Therefore, the objective of this article is to identify the innovation practices that have been implemented by the MSMEs in the restaurant sector in the municipality of Teapa, Tabasco, during the first quarter of the pandemic and the results derived from their implementation. Method: A descriptive research is presented, with a non-experimental, cross-sectional methodological design and a qualitative approach, using the semi-structured interview as a data collection technique. The selection of the sample was for convenience, considering as units of analysis six MSMEs located in the municipality of Teapa, Tabasco, identified as restaurants with a la carte or regular food preparation service. The key informants were the managers or owners of the participating MSMEs. Results: It was identified that the restaurant MSMEs visited have implemented innovation practices in different areas of the company, highlighting the process innovation through changes in the way of production and distribution of dishes and implementation of rigorous sanitary protocols; organizational innovation through business associativity, infrastructure modifications and actions that promote occupational health; marketing innovation, promoting and advertising goods and services through the use of technologies and social networks, and product innovation through the development and sale of new products. From the implementation of these actions, the key informants stated having had favorable results reflected in the following indicators: customer satisfaction, profitability, use of relational capital and occupational health. Discussion or Conclusion: The challenges derived from the COVID-19 pandemic have motivated innovation in different areas of MSMEs in the restaurant sector in the municipality of Teapa, Tabasco, as a means to overcome the economic crisis in the country and the region. Therefore, it is concluded that innovation in the face of the health crisis is not an eventual need but a lifestyle that companies in this sector should adopt as part of their business culture. [ABSTRACT FROM AUTHOR]

A key part of the Mexican economy are the Micro, Small and Medium Enterprises (MSMEs) because they represent a great part of the industrial universe in the country, they are more than 90% of the total companies. Their contribution is remarkable, in the labor and economic aspects, for this reason their progress contribute to the wellness of the people. One of the main tools of the State to improve continuously the productive conditions is the planning and implementation of public policies that strengthen and develop the key aspects of MSMEs. Through these policies there are presented economic support programs that can focus on different aspects and needs they have. The objective of this paper is to analyze if the financial reforms that were carried out in Mexico during 2014 have facilitated the access to credit and the financing of MSMEs. The methodology that was used to elaborate this study was through a multivariate analysis by two methods: a) hierarchical methods (dendogram) and multidimensional scaling techniques (MDS), ten variables were applied to all the entities of The Mexican Republic. [ABSTRACT FROM AUTHOR]

Organizational flexibility is one of the competitive advantages that companies use to prepare for or adapt to environments in constant flux (Volberda, 1998). An important aspect of this phenomenon is numerical flexibility, also known as outsourcing, which refers to the capacity of a company to adjust its human resources to variations in demand. The central objective of this research is to quantify the economic benefits or returns for MSMES that implement numerical flexibility in Mexico City, determine in which sectors, company sizes, activities, and boroughs it is applied most frequently, and identify the tax and labor regulations that govern outsourcing in Mexico, as well as to develop a theoretical-conceptual framework. [ABSTRACT FROM AUTHOR]