The Impact of Consulting Services on Small and Medium Enterprises : Evidence from a Randomized Trial in Mexico

• Tác giả: Dean Karlan
• Ngôn ngữ: eng
• Ký hiệu phân loại: 001.43 Historical, descriptive, experimental methods
• Thông tin xuất bản: World Bank, Washington, DC, 2013
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 300675
• Chủ đề: 1. ACCESS TO CREDIT; 2. ACCOUNTING; 3. ACCOUNTING PRACTICES; 4. ACCOUNTS; 5. ACQUISITION

Tóm tắt

Using a randomized evaluation with 432 Mexican small and medium enterprises, this paper shows that access to management consulting led to better firm performance: one-year results show positive effects on return-on-assets and total factor productivity. Owners also had large increases in "entrepreneurial spirit" (an entrepreneurs' managerial confidence index). Using Mexican social security data, the analysis finds a large increase in the number of employees and total wage bill several years after the program. The paper documents large heterogeneity in the specific managerial practices that improved as a result of the consulting, but there is no singular mechanism as a panacea for all firms.