Please use this identifier to cite or link to this item: https://hdl.handle.net/10321/3713
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dc.contributor.authorMsomi, Thabiso Sthembisoen_US
dc.contributor.authorOlarewaju, Odunayo Magreten_US
dc.date.accessioned2021-12-02T09:07:37Z-
dc.date.available2021-12-02T09:07:37Z-
dc.date.issued2021-03-15-
dc.identifier.citationMsomi, T.S. and Olarewaju, O.M. 2021. Evaluation of access to finance, market and viability of small and medium-sized enterprises in South Africa. Problems and Perspectives in Management. 19(1): 281-289. doi:10.21511/ppm.19(1).2021.24en_US
dc.identifier.issn1727-7051-
dc.identifier.issn1810-5467 (Online)-
dc.identifier.urihttps://hdl.handle.net/10321/3713-
dc.description.abstractAccess to finance and market has been described as a predominant challenge confronting small and medium-sized enterprises (SMEs). Hence, this paper seeks to evaluate access to finance, market access and viability of SMEs. A quantitative research method and a purposive sampling technique were used to select the participants for this study. Respondents from retail, manufacturing, construction and agricultural SMEs operating in Durban, KwaZulu-Natal, were selected to complete the structured questionnaires. 310 questionnaires were returned out of 321 distributed. The study revealed a significant effect of access to finance (absolute value 0.425) and access to market (absolute vale 0.373) on SMEs’ viability with a 5% level of significance. Thus, it was concluded that access to finance uniquely accounted for the larger proportion of the variance in the regression model. Thus, this study suggests that owners of SMEs should pay greater attention to access to finance in running their businesses, and the Government should aid SMEs to market their products and keep their businesses viable. Public loans or the government supported loans should be made available for SMEs with soften requirements in order to stimulate economic growth.en_US
dc.format.extent22 pen_US
dc.language.isoenen_US
dc.publisherLLC CPC Business Perspectivesen_US
dc.relation.ispartofProblems and Perspectives in Management; Vol. 19, Issue 1en_US
dc.subjectBudgetary controlen_US
dc.subjectFinancial performanceen_US
dc.subjectFinancial decisionsen_US
dc.subjectFinancial strategiesen_US
dc.subjectSmall businessen_US
dc.titleEvaluation of access to finance, market and viability of small and medium-sized enterprises in South Africaen_US
dc.typeArticleen_US
dc.date.updated2021-11-18T02:58:53Z-
dc.identifier.doi10.21511/ppm.19(1).2021.24-
local.sdgSDG03-
local.sdgSDG08-
item.languageiso639-1en-
item.fulltextWith Fulltext-
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
item.grantfulltextopen-
item.openairetypeArticle-
item.cerifentitytypePublications-
Appears in Collections:Research Publications (Accounting and Informatics)
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