Title |
Strategic management practices in Central American micro family enterprises: The case of the commercial sector in El Salvador |
Authors |
Flores-Hernandez, Edwin R. , GARCÍA ALONSO, CARLOS, Hervas-Martinez, Cesar |
External publication |
No |
Means |
Managerial and Decision Economics |
Scope |
Article |
Nature |
Científica |
JCR Quartile |
2 |
SJR Quartile |
2 |
JCR Impact |
2.2 |
SJR Impact |
0.419 |
Web |
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85126528075&doi=10.1002%2fmde.3607&partnerID=40&md5=c4bbae687392d0ff984cef01bb699c87 |
Publication date |
20/03/2022 |
ISI |
000770852900001 |
Scopus Id |
2-s2.0-85126528075 |
DOI |
10.1002/mde.3607 |
Abstract |
This paper analyses the characteristics of family microenterprises (San Salvador, El Salvador) regarding competitiveness, entrepreneurship, strategic design, decision-making process, and corporate governance practices. By applying clustering algorithms, it was possible to identify company profiles based on their strategic, entrepreneurial, and decision-making practices. Variables not used for clustering were analyzed to explain a microenterprise\'s inclusion in a profile. The goal of this research are to help policy makers and managers understand the behavior of family microenterprises in a very complicated socioeconomic environment and to guide policy design to promote more organized and competitive business structures in compromised socioeconomic situations. |
Universidad Loyola members |
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