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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Format: | text |
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Animo Repository
2015
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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 |
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. |
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