Does the financial performance matter in accessing to finance for Libya's SMEs?
Article
Article Title | Does the financial performance matter in accessing to finance for Libya's SMEs? |
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ERA Journal ID | 22210 |
Article Category | Article |
Authors | Zarook, Tarek (Author), Rahman, Mohammad Mafizur (Author) and Khanam, Rasheda (Author) |
Journal Title | International Journal of Economics and Finance |
Journal Citation | 5 (6), pp. 11-19 |
Number of Pages | 9 |
Year | 2013 |
Place of Publication | Toronto, ON. Canada |
ISSN | 1916-971X |
1916-9728 | |
Digital Object Identifier (DOI) | https://doi.org/10.5539/ijef.v5n6p11 |
Abstract | This study investigates the impact of financial performance of small and medium-sized enterprises (SMEs) on access to finance in Libya. The study is based on the primary data of 557 survey questionnaires on SMEs in various sectors of different regions of Libya. The data analysis contains the computation of descriptive statistics, correlation statistics and multivariate regression analysis. Our results confirm that financial performance expressed by liability to assets ratios, profit, return of assets have no significant effects on access to finance in Libya. |
Keywords | financial performance; small and medium enterprises; access to finance; Libya |
ANZSRC Field of Research 2020 | 350203. Financial econometrics |
380201. Cross-sectional analysis | |
380202. Econometric and statistical methods | |
Public Notes | Copyright © Canadian Center of Science and Education. Creative Commons License: This work is licensed under a Creative Commons Attribution 3.0 License (http://creativecommons.org/licenses/by/3.0/). |
Byline Affiliations | School of Accounting, Economics and Finance |
Institution of Origin | University of Southern Queensland |
https://research.usq.edu.au/item/q1z20/does-the-financial-performance-matter-in-accessing-to-finance-for-libya-s-smes
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