The Causes of Tunisian SME Failure
- *Corresponding Author:
- Madiha Zammel, Ph.D.
Student at the Faculty of Economic and Management Sciences Sfax: Laboratory Governance
Finance and Accounting, University of Sfax, Tunisia
Tel: +216 74 242 951
E-mail: [email protected]
Received Date: August 08, 2016; Accepted Date: November 09, 2016; Published Date: November 17, 2016
Citation: Zammel M, Khoufi W (2016) The Causes of Tunisian SME Failure. Arabian J Bus Manag Review 6: 274.
Copyright: © 2016 Zammel M, et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Failures that affect different-sized firms in different sectors are on a constant rise. Many endogenous and exogenous factors led to this situation. The aim of this research is to study the various elements of the internal and external environment that may affect the financial situation of the Tunisian companies. The study is conducted through an overview of the existing literature as well as on the basis of a field investigation. The achieved results led us to conclude that the company’s internal factors, such as the management quality, the characteristics of the management team as well as the company’s resources, affect its existence more than its external items do.