La governance delle PMI

Abstract

As well known, small and medium-sized enterprises (SMEs) represent a very important component of the European business system and are a crucial element for the improvement of our country's economy. This paper aims to analyze and describe one of the fundamental elements necessary to ensure the dynamic sustainability of SMEs: the governance system.In detail, governance – understood as "the way companies are directed and controlled" – is a necessary activity for SMEs in order to acquire missing skills and to develop a professional model of business, based on a methodical and systematic approach. This activity is not yet adequately considered neither by the countrywide system – which ask for governance only as the "necessary counterpart" to access to financial market – nor by the SMEs – which have not perceived its extraordinary utility -.This paper intends to provide a contribution for the necessary improvement process of governance in the SMEs outlook. After explaining the main characteristics of governance and SMEs, the paper analyzes the structure and the social and organizational system of the latter ones. The analysis, in addition to the personal experience of the author, allows us to sketch the main elements necessary to create and implement the "good governance” as a driver to provide long-term sustainability to SMEs.

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