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The study examined the constraints to accessing finance among women-owned small businesses in the Lower Manya Krobo Municipality in the Eastern Region, Ghana. We employed largely qualitative methods using the case study approach. The purposive and simple random sampling techniques were used to...
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Small and medium enterprises (SMEs) contribute immensely to Gross Domestic Product (GDP) and they have a significant influence in growth of economy. However, SMEs are constrained in their access to formal credit as financial institutions fail to grant credit due to information asymmetry. This...
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Working Capital is an important aspect of corporate financial management because it affects profitability, liquidity and firm value (Smith, 1973; Deloof, 2003; Nazir and Afza, 2008).For this reason, firms try to keep an optimal (desirable) level of working capital that maximizes their value. In essence,...
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Most of the research about capital structure is focused towards two theories: trade off theory (TOT) and pecking order theory (POT). The idea is to explore which theory works better in certain conditions and identify the key determinants that affect the capital structure of the company. However,...
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