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Financial management is one of the seven important managerial functions and is responsible for ensuring that institutions have adequate or access to financial resources to meet short-term and long-term resources to meet long-term obligations. Long-term resources are capital provided by the owner...
Persistent link: https://www.econbiz.de/10011570426
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,...
Persistent link: https://www.econbiz.de/10011581707
Persistent link: https://www.econbiz.de/10011599035
role in the country’s economy due to its contribution to gross domestic product and employment and to its role in the …
Persistent link: https://www.econbiz.de/10011630950
Empirical studies shows that SMEs are characterized by budget constraints and are reluctant to invest in innovation activities such as undertaking R&D, taking out patents, and hiring highly qualified research staff. This paper suggests that SMEs’ can adopt network alliances to minimize their...
Persistent link: https://www.econbiz.de/10011631649
To what extent do financial constraints act as conditioning factors on firm productivity? Is this impact different across firm size classes and across sectors and in what way is it different? We explore these issues for Morocco. We use firm level data, taken from two surveys of the World Bank...
Persistent link: https://www.econbiz.de/10011632227
This study aims to provide an overview of e-commerce adoption by SMEs in developing countries and, in particular, the extent of the adoption of e-commerce by Indonesian SMEs. It identifies the e-commerce benefits realized by these SMEs and investigates the relationship between the levels of...
Persistent link: https://www.econbiz.de/10011632663
An increase of innovative activity of small enterprises is included in the list of main directions of The Strategy of small and medium business development of Russian Federation for the period up to 2030. In the relevant sector of the economy the effectiveness of innovation is determined by the...
Persistent link: https://www.econbiz.de/10011637207
The aim of the paper is to investigate the internationalization (particularly exporting) of small and medium-sized enterprises (SMEs) taking a sample of United Kingdom (UK) SMEs for the use in economic policy, academia and management. It focuses on the critical first and less risky step towards...
Persistent link: https://www.econbiz.de/10011643754
Entrepreneurship and SME sector is extremely important for general economic development in Bosnia and Herzegovina. In … order to enhance further development of the SME sector adequate sources of financing for businesses need to be available and … relevant studies worldwide emphasise the importance of adequate sources of financing entrepreneurship and SME development …
Persistent link: https://www.econbiz.de/10011643764