Literature review on financing preferences among small and medium enterprises

Shafie Mohamed Zabri, Wan Fauziah Wan Yusoff, Kamilah Ahmad, Jonathan Lean

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The increasing importance of economic contributions of small and medium-sized enterprises (SMEs) around the world motivated a better understanding of financial practices among SMEs. An understanding of the financial practices of SMEs is essential in developing a supportive financial framework to achieve national agenda for improving SMEs sustainability and increasing the overall SMEs' contributions to the economy. This paper review relevant literatures on the financial practices among SMEs particularly on the area of financing preferences among SMEs' owner/manager. Focuses are given on the nature of small business finance, financial practice and managerial characteristics, indicators used in understanding SMEs financing preferences and relationship between owner/manager characteristics with the firm's financing preferences towards different sources of financing. This article will improve understanding and will enable further enhancement of knowledge in this area of financial practices among SMEs.

Original languageEnglish
Title of host publicationProceedings of the 29th International Business Information Management Association Conference - Education Excellence and Innovation Management through Vision 2020
Subtitle of host publicationFrom Regional Development Sustainability to Global Economic Growth
EditorsKhalid S. Soliman
PublisherInternational Business Information Management Association, IBIMA
Pages1366-1380
Number of pages15
ISBN (Electronic)9780986041976
Publication statusPublished - 2017
Event29th International Business Information Management Association Conference - Education Excellence and Innovation Management through Vision 2020: From Regional Development Sustainability to Global Economic Growth - Vienna, Austria
Duration: 3 May 20174 May 2017

Publication series

NameProceedings of the 29th International Business Information Management Association Conference - Education Excellence and Innovation Management through Vision 2020: From Regional Development Sustainability to Global Economic Growth

Conference

Conference29th International Business Information Management Association Conference - Education Excellence and Innovation Management through Vision 2020: From Regional Development Sustainability to Global Economic Growth
Country/TerritoryAustria
CityVienna
Period3/05/174/05/17

ASJC Scopus subject areas

  • Business and International Management
  • Management Information Systems
  • Information Systems and Management

Keywords

  • Financing preferences
  • SMEs

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