Access to Financing in a Small Island Economy: Evidence From Mauritius
- 8 November 2012
- journal article
- research article
- Published by Taylor & Francis Ltd in Journal of African Business
- Vol. 13 (3), 221-231
- https://doi.org/10.1080/15228916.2012.727753
Abstract
This relationship between access to financing and firm characteristics was studied. The authors used data from a survey of small and medium-sized enterprises from Mauritius, an island economy that is part of the sub-Saharan African continent. They examined the factors that affect the ability of firms to gain access to financing. Using the principal component analysis, the authors group variables affecting access to financing in four main components including working capital constraint, the external constraint, the size constraint, and the age constraint. The authors show that these components are important factors that influence the ability of firms to gain access to financing.Keywords
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