Risk determination for manufacturing micro-companies in Mexico.

Companies need financing sources that allow them to be competitive and fulfill their duty in the economy as generators and distributors of wealth. Specifically, the microenterprises dedicated to the manufacturing industry in Mexico constitute a sub-sector of great importance for this purpose due to variables such as personnel employed, distribution of remunerations and distribution of economic units by size. In order to support these organizations, the business valuation discipline offers several methods for improving business decision-making, specifically, the Capital Asset Valuation Model is a tool for measuring the financial risk of an asset or company with respect to the market in which it operates; however, in order to effectively apply it to micro-companies in Mexico, it has been proposed to contextualize the data and create an own index. The calculations made allowed the determination of eight beta risk coefficients for micro-companies from a selection of representative sub-sectors corresponding to the manufacturing industry in Mexico; which are considered representative and useful for making financial decisions of companies comparable to those used in the sample analyzed. [ABSTRACT FROM AUTHOR]