Strategic Management for the Sustainability of SMEs in Latin America

Corporate sustainability has become a strategic axis for the competitiveness of SMEs in Latin America, particularly in contexts characterized by financial constraints, structural informality, and increasing environmental demands. The study analyzed the influence of strategic management on corporate sustainability, considering its economic, social, and environmental dimensions. An explanatory quantitative approach was applied using PLS-SEM structural equation modeling to a sample of 368 owner-managers of Latin American SMEs. The results revealed a positive and significant influence of strategic management on corporate sustainability (β = 0.68; p < 0.001), explaining 47% of its variability. It is concluded that strategic formulation, implementation, and evaluation constitute determining factors for consolidating sustainable practices in the business environment.