ALTERNATIVE APPROACHES FOR ADDRESSING THE CREDIT ISSUES OF MICRO AND SMALL ENTERPRISES – A CASE STUDY IN SRI LANKA

2009 ◽  
pp. 437-442
Author(s):  
A.H.M.S.W.B. Abeyrathne ◽  
H. Jaenicke ◽  
J. Gunaseekara ◽  
N. Athapattu ◽  
J.A.S. Jayasuriya
Author(s):  
Rebeca Yurani Carrillo-Ángeles ◽  
Marycarmen Alcántara-Mancilla ◽  
Emmanuel Cruz-Soriano

Currently the whole world is going through a health contingency due to the COVID-19 disease, a situation that has triggered countless changes in different sectors of society. Among the various problems derived from this situation are the negative effects on the economy, since the condition in which the different economic agents find themselves is not favorable. Companies in all countries have been suffering the consequences within their life cycle, some of them having to close permanently and others looking for strategies not to die, or simply trying to survive. In Mexico, certain organizations analyze the damage that has affected the national economy, however, the information found in the different documents shows generalized data, and these effects cannot be identified locally. As a consequence, the objective of this study was to analyze the Micro and Small Enterprises (MSEs) in Atlacomulco, Mexico. For which, an instrument was developed with the indicators of the survey on the Economic Impact Generated by COVID-19 in Companies (ECOVID-IE) (INEGI, 2020). The study was made up of a sample of 40 MSEs from the study area, the main results show that the MSEs considered have been strongly affected.


2021 ◽  
Vol 28 (2) ◽  
Author(s):  
Marcos Antonio Bonifácio ◽  
Antonio Cesar Germano Martins

Abstract Finding alternatives to what is generally used in companies allows a different strategic vision to be built, which can lead to different results. In this context, the present study applied the Autonomous Maintenance pillar (AM) of the Total Productive Maintenance tool (TPM) in an unusual context. The AM is used to involve the various actors of the company in the conservation of equipment with the aim of improving their performance concerning a reduction of failures and an availability and reliability increase. In the present study, the AM had the objetive of mitigating the generation of waste in the production of a women's shoes industry, installed in a Local Productive Agglomeration (LPA). This APL is composed mostly of micro and small enterprises (MPE) that do not have the culture to using maintenance tools, but in its process generate hazardous waste. It is important to highlight that this kind of company does not typically use the concepts of industrial maintenance. In conclusion, with the implementation of the AM pillar, it was possible to reduce the volume of waste generated in the cutting sector, contrary to the fact that the company does not use the concepts of industrial maintenance in its strategic decisions, thus opening up new strategic possibilities for discussing the use of widely disseminated tools in some areas for other purposes.


Author(s):  
H. M. S Priyanath ◽  
S.P Premaratne

Market mechanism particularly in developing countries provides asymmetrical information which leads to create opportunism and bounded rationality that are the root causes to generate Transaction Cost (TC). Therefore, Small Enterprises (SEs) face serious difficulty in governing TC that discriminates particularly against SEs. Instead, SEs develop informal and personal relationships, inter-personal trust and norms (i.e. social capital) with external actors expecting information which facilitates SEs to minimize TC through the mitigation of opportunism and bounded rationality. Therefore, the paper attempts to study how does social capital facilitate to mitigate TC particularly in SEs in Sri Lanka? Case study method was mainly applied to collect data from six SEs purposively selected from Ratnapura District in Sri Lanka. Data was analysed employing directed approach to content analysis.Results of multiple case study show that SEs have ability to access low cost, reliable and quick information and information about exchange partners together with their reliabilities using their Social Capital (SC). Such information facilitates SEs to improve their rationality in decision making process. SEs usually get support from network members to assess information which leads to improve the rationality in decision making on transactions. Accordingly, SC on one hand facilitate SEs to access and assess information that affect the mitigation of bounded rationality and on the other hand provide information about exchange partners that helps SEs to mitigate opportunism. Thus, SC affects the decrease of TC of SEs through the improvement of access and assess information which lead to mitigate bounded rationality and opportunism.


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