Ownership Structure and Management Control in Small and Medium Enterprise in Tirana Region

Abstract

This thesis aims to analyze the ownership structure, management control and agency problem in small and medium enterprises in Tirana region. Data‟s for this research are collected through a survey directed to owners and managers of small and medium enterprises in Tirana. This research shows that the majority of SMEs in Tirana do not have a manager in their company. If they have he or she is a relative person with the owner of enterprise and more than half of those businesses have started their activity without a business plan and even years after of operating in market they don‟t have one.