Corporate governance as a tool for competitiveness in textile SMEs in Quito

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Andrea del Pilar Ramírez Casco, Amaro Vladimir Berrones Paguay , Rolando Patricio Molina Díaz, Sandra Patricia Inga Cando

Abstract

SMEs are considered as a dynamic agent of the economy; However, due to nature, they are prone to business failure. On the other hand, the Ecuadorian textile sector is one of the most productive sectors within the manufacturing industry and has great potential for growth and job creation. Currently, Ecuadorian SMEs are facing several challenges for their permanence in the market; in the same way, the textile sector has been greatly affected by the economic and social crisis generated by the pandemic due to SARS-COV2.


Competitiveness is a key factor to improve efficiency in a company, as well as corporate governance, it is key to the effectiveness of an organization, by combining these two factors, SMEs, may have more opportunities to remain in increasingly competitive markets due to globalization. Therefore, the preparation of this research project begins with the objective of analyzing the Corporate Governance and Competitiveness of textile SMEs in the Metropolitan District of Quito, period 2019-2020.


For this research, a theoretical study will be carried out on competitiveness and corporate governance, in addition to a situational diagnosis of Quito textile SMEs, subsequently, structural tools will be applied to a sample of 90 SMEs in the textile sector in the D.M.Q., to check the correlation between the variables in order to determine their degree of incidence and their explanation.


 


 

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Andrea del Pilar Ramírez Casco, Amaro Vladimir Berrones Paguay , Rolando Patricio Molina Díaz, Sandra Patricia Inga Cando