The synergetic effect of the determinants of access to bank financing by SMES in Cameroon
DOI:
https://doi.org/10.59051/joaf.v10i2.325Keywords:
Asymmetric Information, Bank Financing, SMEs, Binomial Logistic Regression.Abstract
ABSTRACT
This paper explores the synergistic effect of the determinants of access to bank financing by Small and Medium Sizes Enterprises (SMEs) in Cameroon. The methodology of analysis is the binomial logistic regression applied on data collected by a questionnaire administered to a sample of 78 SMEs. Three main results stem from this research. Firstly, the bank-firm relationship measured by the duration of the relationship and the number of banks in a financing relationship with the firm has a positive and significant effect on access to bank credit. Secondly, the company's ownership structure has a significant impact on access to bank financing. Thirdly, the profile of the manager captured through his age has a significant influence on SMEs access to bank financing.
Downloads
References
Downloads
Published
Issue
Section
License
Copyright (c) 2019 Kadjie Kadjie Christelle Flore, Guy Réné OMENGUELE
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
