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Anglický jazyk
Bank Financing for SMEs under Institutional Voids
Autor: Ngoc Le
Anecdotal evidence suggests that private small and medium sized enterprises (SMEs) have limited access to bank loans. What factors influence the bank loan availability and loan terms? A growing body of literature on the factors influencing bank financing... Viac o knihe
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O knihe
Anecdotal evidence suggests that private small and medium sized enterprises (SMEs) have limited access to bank loans. What factors influence the bank loan availability and loan terms? A growing body of literature on the factors influencing bank financing of SMEs has not yet fully addressed several issues. Firstly, there is a lack of a model that accounts for firm growth stages in accessing bank loans. Secondly, the distinctive impacts of interpersonal and inter-organizational bank relationships have not been addressed. Thirdly, the impact of firm's networks on bank financing is largely overlooked. Finally, there is a lack of empirical tests in transition economies. This book helps narrow this gap in the literature by employing an institutional perspective and argues that a firm's legitimacy positively influences access to bank financing. This book indicates that the effects of inter-personal relationships, networks and management practices on bank financing are contingent on a firm's growth stage. This book provides implications for small business borrowers, bankers, and policy makers in identifying areas that need to be improved to facilitate growth of SMEs.
- Vydavateľstvo: LAP LAMBERT Academic Publishing
- Rok vydania: 2012
- Formát: Paperback
- Rozmer: 220 x 150 mm
- Jazyk: Anglický jazyk
- ISBN: 9783659184604
