Improving small and medium-size enterprise performance: Does working capital management enhance the effectiveness of financial inclusion?

被引:1
|
作者
Bhattacharyya, Asit [1 ]
Rahman, Md Lutfur [2 ]
Wright, Sue [3 ,4 ]
机构
[1] Cent Queensland Univ, Sch Business & Law, Norman Gardens, Qld, Australia
[2] Univ Newcastle, Newcastle Business Sch, Newcastle, NSW, Australia
[3] Univ Technol Sydney, UTS Business Sch, Sydney, NSW, Australia
[4] UTS, UTS Business Sch, Sydney, NSW, Australia
来源
ACCOUNTING AND FINANCE | 2023年 / 63卷 / 04期
关键词
financial inclusion; performance; SME; working capital management; CORPORATE SOCIAL-RESPONSIBILITY; SMALL FIRMS; CREDIT; SMES; IMPACT; CAPABILITIES; CONSTRAINTS; BUSINESSES; RESOURCES; BARRIERS;
D O I
10.1111/acfi.13081
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Growth of the small and medium-size enterprise (SME) sector is traditionally an important driver of overall economic growth, particularly in emerging economies. SME growth is enhanced by access to finance (financial inclusion). In this study, we show that efficient working capital management has a positive influence on performance that is independent of the effect of financial inclusion. Our results remain robust to alternative measurements and estimations, and may be useful to national policy-makers in developing strategies for SMEs' greater access to finance and introducing ways of improving financial management education and training for SME managers.
引用
收藏
页码:3943 / 3969
页数:27
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