Government financial support and financial performance of SMEs: A dual sequential mediator approach

Jayeola, Olakunle; Sidek, Shafie; Sanyal, Shouvik; Hasan, Syed Inamul; An, Nguyen Binh; Ajibade, Samuel-Soma Mofoluwa; Phan, Thi Thu Hien

doi:10.1016/j.heliyon.2022.e11351

Cited by 17 publications

(34 citation statements)

References 86 publications

(107 reference statements)

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“…With the help of top management, SMEs may get beyond obstacles, use the advantages of cloud accounting solutions, and succeed in enhancing operational effectiveness, improving financial management, and boosting their ability to compete. This research is supported by (Mihai and Duţescu, 2022) and (Jayeola et al, 2022).…”

Section: Discussionmentioning

confidence: 98%

“…MSMEs benefit from this since it saves them time and money and frees them up to concentrate more on their operational tasks. (Jayeola et al, 2022) Additionally, MSMEs can make better judgments by using cloud accounting. MSMEs may develop better financial strategies and make wise business management decisions using accurate and current financial data.…”

Section: Introductionmentioning

confidence: 99%

“…Many MSMEs might need to be made aware of the benefits of cloud accounting in terms of enhancing productivity, improved decision-making, and the capacity to compete in a market that is becoming increasingly competitive. (Jayeola et al, 2022) The growth of cloud accounting among MSMEs in Kuningan Regency demonstrates that MSMEs are becoming more aware of its advantages. More business owners know the benefits of cloud accounting for managing finances.…”

Section: Introductionmentioning

confidence: 99%

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Factors Affecting Cloud Accounting Adoption In SMEs

Amir Hamzah,

Dadang Suhendar,

Agus Zainul Arifin

2023

Jurnal Akuntansi

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This study aims to analyze the factors influencing the adoption of Cloud Accounting for SMEs. The sample size in this research is 276 respondents. The research method used is quantitative, where hypotheses are tested, and data is analyzedanalyzed using Smart PLS 3.00. The results of the study indicate that Complexity, Security, Top Management Support, Adequate Resources, Competitive Pressure, Pressure from Trading Partners, Coercive Pressure, Government Support, and Provider Support significantly influence the adoption of cloud accounting. On the other hand, Compatibility, Relative Advantage, and IT Competence do not significantly affect the adoption of cloud accounting.

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Section: Discussionmentioning

confidence: 98%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Factors Affecting Cloud Accounting Adoption In SMEs

Amir Hamzah,

Dadang Suhendar,

Agus Zainul Arifin

2023

Jurnal Akuntansi

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Section: Discussionmentioning

confidence: 99%

“…They are administered through the financial system, which is a formal policy implementation intermediary (Development Bank of Rwanda, 2023). Whilst the schemes aim to support SMEs' access to finance for strategic economic growth (Jayeola et al, 2022;van der Schans, 2015) and crowd out informal finance (Cheng et al, 2023), the study's results show that when SMEs had strong intentions to export regionally and globally, government support was not pursued. This result indicates a potential lack of trust in the banking system and/or governmental institutions (Mpofu and Sibindi, 2022;Omeihe et al, 2021), and potentially a misalignment between government objectives and SME export financing needs, a notable outcome given that the Rwandan government initiated new schemes to boost exports every year from 2015 to 2017 aimed (Redifer et al, 2020).…”

Section: Government Support and Sme Exportingmentioning

confidence: 93%

Entrepreneurial financing: how global and regional export intentions affect financial and non-financial choices for small and midsized enterprises in low-income countries

van Klyton,

Arrieta-Paredes,

Byombi Kamasa

et al. 2024

IJEBR

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PurposeThe study explores how the intention to export affects financing and non-financing variables for small and medium-sized enterprises (SMEs) in a low-income country (LIC). The objectives of this study are (1) to discern between regional and global exporting and (2) to evaluate its policymaking implications.Design/methodology/approachPrimary survey data were collected from 330 Rwandan SMEs and were analysed using ordered logistic models as an application of the expectation-maximisation iterating algorithm, which was tested for robustness using a sampling model variation.FindingsThe results show that alternative sources of finance are the predominant choice to finance the intention to export within and outside Africa. As the scope of export intentions broadened from regional to global, there was a shift in preferences from less formal to more formal lending technologies, moving from methods like factoring to lines of credit. Moreover, reliance on bank officers became more significant, with increasing marginal effects. Finally, the study determined that government financing schemes were not relevant for SMEs pursuing either regional or global exporting.Practical implicationsWhilst alternative sources of finance predominate the export intentions of Rwandan SMEs, establishing a robust banking relationship becomes crucial for global exporting. Despite this implication, the intention to export should prompt more transparent communication regarding government financial support programmes. There is an opportunity for increased usage of relationship lending to customise support for SMEs involved in exporting, benefiting both the private and public sectors.Originality/valueThis study accentuates how export distance alters SME financing priorities. The results also contribute to understanding how the value of relationship lending changes when less familiar markets (i.e. global exporting) are the objective. Moreover, the study offers a new perspective on how institutional voids affect entrepreneurial financing decisions in LICs.

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A bibliometric analysis of machine learning techniques in photovoltaic cells and solar energy (2014–2022)

Zaidi

2024

Energy Reports

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Government financial support and financial performance of SMEs: A dual sequential mediator approach

Cited by 17 publications

References 86 publications

Factors Affecting Cloud Accounting Adoption In SMEs

Factors Affecting Cloud Accounting Adoption In SMEs

Entrepreneurial financing: how global and regional export intentions affect financial and non-financial choices for small and midsized enterprises in low-income countries

A bibliometric analysis of machine learning techniques in photovoltaic cells and solar energy (2014–2022)

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