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标题：FACTORS AFFECTING ACCESS TO FINANCE: THE CASE OF SMALL AND MEDIUM ENTERPRISES (SMEs) OF BANGLADESH
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作者：Mohammed Chowdhury ; Zahurul Alam
期刊名称：The USV Annals of Economics and Public Administration
印刷版ISSN：2344-3847
出版年度：2017
卷号：17
期号：2
页码：55-68
语种：English
出版社：Editura Universitatii Ştefan cel Mare din Suceava
摘要：Normal 0 false false false EN-US JA X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:Cambria; mso-ascii-font-family:Cambria; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Cambria; mso-hansi-theme-font:minor-latin;} Abstract: This study addresses the factors that affect small and medium enterprises in having access to finance from the financial institutions. To achieve the objectives of the study survey data were collected from a sample of 86 SMEs to investigate the problems and suggest policy recommendations. Data were collected by direct interview method with the help of a questionnaire for self-guidance. Secondary data were also used for this purpose. Findings revealed that the size and age of the firms, education and skills of the owners, and unfavorable credit terms such as high interest rates, lack of collateral security, corruption by bank officials etc. are some of the biggest hurdles that SMEs in Bangladesh face in getting loans from financial institutions. The limitation is that the study has included one city in its sample population. A nationwide study where there are SMEs in large numbers could lead to better results for this kind of study. The implication is that small businesses face funding limit and are discriminated against in credit markets, which leads to large firms crowding out smaller firms in the market. Built on current literatures and research on SMEs, specially in regard to their ability to access finance, this study captures the information relating to problems identified by SMEs in having access to finance and facilitating the identification of implementable recommendations and approaches necessary for strengthening the SMEs access to finance for their expansion and growth. Keywords : small and medium-sized enterprises, finance, collateral, entrepreneurial skills, corruption, bureaucracy . JEL Classification: G00, M 13, M 19