Virtus InterPress

DETERMINANTS OF ACCESS TO BANK FINANCE FOR SMALL AND MEDIUM-SIZED ENTERPRISES: THE CASE OF SHRI LANKA

Pandula Gamage

DOI: 10.22495/cocv10i3c3art6

Abstract

This paper examines what determines access to bank finance in small and medium-sized enterprises in Sri Lanka. The empirical evidence for this study is drawn from the Sri Lanka Enterprise Survey data set obtained from the World Bank. The logistic regression is used to analyse the data. This study found that access to bank finance is largely determined by location of the firm, availability of audited financial statements and the owner-manager’s perception ofaccess to finance. This paper can helppolicy makers make informed decisions to articulate policies, to develop training programmes, and to design support systems that can positively address the factors affecting access to bank finance forSMEs in Sri Lanka.

Keywords: Bank Finance, SMEs, Access to Finance, Enterprise Surveys

How to cite this paper: Gamage, P. (2013). Determinants of access to bank finance for small and medium-sized enterprises: The case of Shri Lanka. Corporate Ownership & Control, 10(3-3), 402-409. http://doi.org/10.22495/cocv10i3c3art6

Download This Article
Corporate Governance Experts Global Repository
Merio Honor Честь
Ryoushin Conscience Совесть
Kouki Nobility Доброе имя