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The Impacts of Credit on Small Business Financing in Florida.

Record Type:	Language materials, manuscript : Monograph/item
Title/Author:	The Impacts of Credit on Small Business Financing in Florida./
Author:	Chukwuma, Ike R.
Description:	1 online resource (159 pages)
Notes:	Source: Dissertation Abstracts International, Volume: 79-05(E), Section: A.
Contained By:	Dissertation Abstracts International79-05A(E).
Subject:	Finance. -
Online resource:	click for full text (PQDT)
ISBN:	9780355555219

The Impacts of Credit on Small Business Financing in Florida.
Chukwuma, Ike R.

The Impacts of Credit on Small Business Financing in Florida. - 1 online resource (159 pages)

Source: Dissertation Abstracts International, Volume: 79-05(E), Section: A.

Thesis (Ph.D.)

Includes bibliographical references

In the United States, small businesses represent 99.7% of firms that provide employment and account for over 50% of all private sector employment. Nevertheless, the rationing of small business borrowing is an indicative of acute credit constraints emanating from poverty, lack of collateral, lack of cosigners for bank loans, high administrative fees associated with processing credit loans, and information asymmetry along with other socioeconomic factors. In a 4-year study from 2004--2008, it was determined that small businesses suffer tremendously from credit rationing. The purpose of this study was to determine the induced effect of loan guarantee scheme, collateral, and leverage on credit rationing. The seminal work of Stiglitz and Weiss served as a framework for the study. The research questions were developed to inquire the relationship (influence) of loan guarantee scheme on credit rationing while controlling for collateral and leverage. Data on small businesses were collected from the Small Business Administration and the National Survey of Small Business Finances websites. Collected data (n = 1,072) of small business firms in Florida for 2015 were analyzed through applying multiple regression methodology. The study results indicated that small business participation in loan guarantee scheme had a significant influence on credit rationing when the confounding effects of collateral and leverage were statistically controlled. The findings of this research could lead to positive social change by providing small businesses with loan guarantee scheme, a government subsidy that eliminates the need for credit rationing.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2018

Mode of access: World Wide Web

ISBN: 9780355555219Subjects--Topical Terms:

559073
Finance.
Index Terms--Genre/Form:

554714
Electronic books.

The Impacts of Credit on Small Business Financing in Florida.
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100 1 $a Chukwuma, Ike R. $3 1179802
245 1 4 $a The Impacts of Credit on Small Business Financing in Florida.
264 0 $c 2017
300 $a 1 online resource (159 pages)
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500 $a Source: Dissertation Abstracts International, Volume: 79-05(E), Section: A.
500 $a Advisers: Mohammad Sharifzadeh; Britt Ortmann.
502 $a Thesis (Ph.D.) $c Walden University $d 2017.
504 $a Includes bibliographical references
520 $a In the United States, small businesses represent 99.7% of firms that provide employment and account for over 50% of all private sector employment. Nevertheless, the rationing of small business borrowing is an indicative of acute credit constraints emanating from poverty, lack of collateral, lack of cosigners for bank loans, high administrative fees associated with processing credit loans, and information asymmetry along with other socioeconomic factors. In a 4-year study from 2004--2008, it was determined that small businesses suffer tremendously from credit rationing. The purpose of this study was to determine the induced effect of loan guarantee scheme, collateral, and leverage on credit rationing. The seminal work of Stiglitz and Weiss served as a framework for the study. The research questions were developed to inquire the relationship (influence) of loan guarantee scheme on credit rationing while controlling for collateral and leverage. Data on small businesses were collected from the Small Business Administration and the National Survey of Small Business Finances websites. Collected data (n = 1,072) of small business firms in Florida for 2015 were analyzed through applying multiple regression methodology. The study results indicated that small business participation in loan guarantee scheme had a significant influence on credit rationing when the confounding effects of collateral and leverage were statistically controlled. The findings of this research could lead to positive social change by providing small businesses with loan guarantee scheme, a government subsidy that eliminates the need for credit rationing.
533 $a Electronic reproduction. $b Ann Arbor, Mich. : $c ProQuest, $d 2018
538 $a Mode of access: World Wide Web
650 4 $a Finance. $3 559073
655 7 $a Electronic books. $2 local $3 554714
690 $a 0508
710 2 $a ProQuest Information and Learning Co. $3 1178819
710 2 $a Walden University. $b Management. $3 1148485
773 0 $t Dissertation Abstracts International $g 79-05A(E).
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10639643 $z click for full text (PQDT)