Year 2014, Volume 3 , Issue 1, Pages 92 - 105 2014-03-01

Deficiencies of Turkish SMEs with Regard to Sustainability, Corporate Governance and Accounting Policies

Engin ERGÜDEN [1] , Can Tansel KAYA [2]


Today's ever-growing challenges in local and global economies pose threats for the sustainability of Small and Medium-sized Enterprises (SME). As multinational companies invade local markets, local businesses continually suffer. In addition to financial distress, internal dynamics such as fraud, transparency matters, and business ethics play principal roles for jeopardizing the sustainable life spans of SMEs as well. By the same token, violating going concern by employing manipulative accounting methods to adjust financial statements merely act as a palliative measure. The aim of this paper is to investigate the deficiencies of SMEs and propose remedies to cure these areas. Data is collected from 104 Turkish accounting professionals by means of survey method. Findings of the study uncover an imperative implication that if Turkish SMEs wish to have sustainable life spans, they need to allocate the most extent of emphasis on the variables that make up the internal information systems factor some of which are efficiently functioning reporting and accounting system, effective organizational structure in addition to effective politics and procedures. Results of this study will be fruitful for not only academics but also for the industry in terms of pointing out what specific areas need improvements in the name of sustaining the survival of SMEs.
Sustainability, corporate governance, going concern, transparency, SMEs.
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Journal Section Articles
Authors

Author: Engin ERGÜDEN

Author: Can Tansel KAYA

Dates

Publication Date : March 1, 2014

Bibtex @ { jbef360472, journal = {Journal of Business Economics and Finance}, issn = {}, eissn = {2146-7943}, address = {}, publisher = {PressAcademia}, year = {2014}, volume = {3}, pages = {92 - 105}, doi = {}, title = {Deficiencies of Turkish SMEs with Regard to Sustainability, Corporate Governance and Accounting Policies}, key = {cite}, author = {ERGÜDEN, Engin and KAYA, Can Tansel} }
APA ERGÜDEN, E , KAYA, C . (2014). Deficiencies of Turkish SMEs with Regard to Sustainability, Corporate Governance and Accounting Policies. Journal of Business Economics and Finance , 3 (1) , 92-105 . Retrieved from https://dergipark.org.tr/en/pub/jbef/issue/32412/360472
MLA ERGÜDEN, E , KAYA, C . "Deficiencies of Turkish SMEs with Regard to Sustainability, Corporate Governance and Accounting Policies". Journal of Business Economics and Finance 3 (2014 ): 92-105 <https://dergipark.org.tr/en/pub/jbef/issue/32412/360472>
Chicago ERGÜDEN, E , KAYA, C . "Deficiencies of Turkish SMEs with Regard to Sustainability, Corporate Governance and Accounting Policies". Journal of Business Economics and Finance 3 (2014 ): 92-105
RIS TY - JOUR T1 - Deficiencies of Turkish SMEs with Regard to Sustainability, Corporate Governance and Accounting Policies AU - Engin ERGÜDEN , Can Tansel KAYA Y1 - 2014 PY - 2014 N1 - DO - T2 - Journal of Business Economics and Finance JF - Journal JO - JOR SP - 92 EP - 105 VL - 3 IS - 1 SN - -2146-7943 M3 - UR - Y2 - 2020 ER -
EndNote %0 Journal of Business Economics and Finance Deficiencies of Turkish SMEs with Regard to Sustainability, Corporate Governance and Accounting Policies %A Engin ERGÜDEN , Can Tansel KAYA %T Deficiencies of Turkish SMEs with Regard to Sustainability, Corporate Governance and Accounting Policies %D 2014 %J Journal of Business Economics and Finance %P -2146-7943 %V 3 %N 1 %R %U
ISNAD ERGÜDEN, Engin , KAYA, Can Tansel . "Deficiencies of Turkish SMEs with Regard to Sustainability, Corporate Governance and Accounting Policies". Journal of Business Economics and Finance 3 / 1 (March 2014): 92-105 .
AMA ERGÜDEN E , KAYA C . Deficiencies of Turkish SMEs with Regard to Sustainability, Corporate Governance and Accounting Policies. JBEF. 2014; 3(1): 92-105.
Vancouver ERGÜDEN E , KAYA C . Deficiencies of Turkish SMEs with Regard to Sustainability, Corporate Governance and Accounting Policies. Journal of Business Economics and Finance. 2014; 3(1): 105-92.