Management of HospitalsSchulzRockwell and JohnsonAlton C.. Management of Hospitals (New York: McGraw-Hill, 1976) 299 pp., $12.95 (tent.).

Corley, William E.

doi:10.5465/amr.1976.4397207

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“…This is due to the high-profit potential and less growth in the market. In this case, firms will prefer to make use of internally accumulated funds first, before sourcing for external funds [18], [19]. Firms with a good and credible financial status such as a sustainably good history of credit, reduce the challenges of trust and high transactional costs between them and their creditors.…”

Section: Literature Reviewmentioning

confidence: 99%

The impact of access to credit on process innovation

Aidoo

2019

Heritage and Sustainable Development

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The effectiveness of a firm mostly depends on the capability of the managers to obtain flexible credits for the implementation of sustainable innovations. The aim of this study is focused on the impact of access to credit on process innovations in SMEs. Data from the manufacturing and the service sectors of the economies of Africa and the Middle East are collected from the World Bank’s Enterprise Survey database. The survey employs random sampling to select firms in each country and they are stratified based on the number of employees. The sampled observations are scaled down from 136,887 to 33,977 firms covering 53 countries due to the scope of this research. The factors of access to credit are the independent variables of this research: the working capital from a commercial bank, overdraft facility, lines of credit, external auditing of accounts, and working capital from suppliers. The dependent variable is process innovation. The results show that there are significance levels of p-values below 1% although some of the Pearson correlation coefficients of the independent variables with the dependent variable are not too high. The factors of access to credit used in the regression model have a significant impact on process innovation. The findings from the analysis help the policy directions of managers.

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Section: Literature Reviewmentioning

confidence: 99%

The impact of access to credit on process innovation

Aidoo

2019

Heritage and Sustainable Development

View full text Add to dashboard Cite

show abstract

Management of HospitalsSchulzRockwell and JohnsonAlton C.. Management of Hospitals (New York: McGraw-Hill, 1976) 299 pp., $12.95 (tent.).

Cited by 1 publication

References 0 publications

The impact of access to credit on process innovation

The impact of access to credit on process innovation

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