Accounting information systems for mSME survivability

According to the International Finance Corporation (2012), small and medium enterprises (SMEs) represent a substantial percentage of businesses globally (about 90%). Moreover, they are directly responsible for more than half of employment worldwide. As such, governments and economists consider the S...

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Bibliographic Details
Main Author: Tang, Alger
Format: text
Published: Animo Repository 2015
Subjects:
AIS
Online Access:https://animorepository.dlsu.edu.ph/res_cbrd/32
https://animorepository.dlsu.edu.ph/context/res_cbrd/article/1018/viewcontent/cbrd_vol3_num3.pdf
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Institution: De La Salle University
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Summary:According to the International Finance Corporation (2012), small and medium enterprises (SMEs) represent a substantial percentage of businesses globally (about 90%). Moreover, they are directly responsible for more than half of employment worldwide. As such, governments and economists consider the SME sector to be a key factor in national growth (Pollard & Hayne, 1998). In the Philippines, micro, small and medium enterprises (MSMEs) already account for almost all (99.6%) of the businesses in the country (Department of Trade and Industry, 2011). Furthermore, it provides employment to 63% of the Philippine labor force.