Financial Management Strategies of Women-Owned Micro, Small and Medium-Sized Entreprises (MSMEs)

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Published: 2017-10-02

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Gizelle Guadalupe Macías González
Universidad de Guadalajara, Centro Universitario de los Altos Tepatitlán de Morelos, México
José G. Vargas-Hernández
University Center for Economic and Managerial Sciences Universidad de Guadalajara, Mexico

Abstract

The intention of this article attempts to take in consideration the financial and administrative strategies and calculations carried out by the women-owned MSMEs in a Region Altos Sur of Jalisco, Mexico. The document intends to go deeper into the financial management strategies and women organization in the culture of savings, investments and credits, as well as correlation established financial resources of the company and those which are linked to their home. The methods used to gather the qualitative research and information were made through by depth interviews with five female-entrepreneurs and observations by the researcher, data was collected and analyzed according to set codes and categories in the Qualitative Data Analysis Software MAXQDA program. In general, women entrepreneurs are unique owners and their businesses are mostly in the third sector, although they have participation in the primary and secondary sector. Only one woman owns having partnership with the rest of her family: parents, sisters and brothers who own several companies belonging to the two sectors. The results of this study showed the peculiarity and the similarity between women-owned MSMEs interviewed and the findings of international researches according to company sizes and ownerships.

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Issue

No. 1-2 (2017): Jounal of Women's Entrepreneurship and Education

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Articles

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