Journal of Business & Financial Affairs

The Effect of the Interaction between Technological Performance and the Variables of the Governance Structure Specific to Small and Medium-Sized Enterprises on their Financial Performance (Case of the Tunisian LLCs)

Abstract

Mabrouk Najoua*

The present work proposes to analyze the effect of the interaction between technological performance and the variables of governance structure specific to the SME-LLC on their financial performance.

The majority of studies dealing with Small and Medium-Sized Enterprises (SME-LLCs) have mainly focused on the governance structure of this type of organization and its relationship with financial performance in this particular context while neglecting any other external factors. Based on the necessary theoretical framework, this research attempts to fill the gap in thinking on this topic by studying the impact of the specific governance structure of SME-LLCs on financial performance when moderated by the effect of technological performance.

The statistical results showed us the existence of a moderating effect of technological performance. This moderating factor seems to be able to improve and deteriorate the financial performance of the LLC.