Determinants of financing preferences of micro enterprises
In the development of business establishments, the financing factor has always been a major consideration that is always put on top of the organisation’s main priorities. This study examines the type of financing preferences of micro enterprises; and to investigate factors influencing their preferen...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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JARDCS
2018
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| Subjects: | |
| Online Access: | http://eprints.uthm.edu.my/5498/ http://eprints.uthm.edu.my/5498/1/AJ%202018%20%28548%29.pdf |
| _version_ | 1848888567383719936 |
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| author | Ahmad, Kamilah Mohamed Zabri, Shafie Atan, Siti Anisah Annuar, Aemi Shazwani |
| author_facet | Ahmad, Kamilah Mohamed Zabri, Shafie Atan, Siti Anisah Annuar, Aemi Shazwani |
| author_sort | Ahmad, Kamilah |
| building | UTHM Institutional Repository |
| collection | Online Access |
| description | In the development of business establishments, the financing factor has always been a major consideration that is always put on top of the organisation’s main priorities. This study examines the type of financing preferences of micro enterprises; and to investigate factors influencing their preferences. Based on 164 valid responses, the findings revealed that most respondents prefer internal funding. While the retained profit and owners’ own savings are the main sources of internal fund; bank loan is the major external source of funding among the respondents. Furthermore educational level, loan documentation and procedures, debt commitment; and growth planning are found to have significant link with the financing preference. This paper ought to provide new evidence and inferable source in financing preference. |
| first_indexed | 2025-11-15T20:12:20Z |
| format | Article |
| id | uthm-5498 |
| institution | Universiti Tun Hussein Onn Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T20:12:20Z |
| publishDate | 2018 |
| publisher | JARDCS |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uthm-54982022-01-13T01:32:00Z http://eprints.uthm.edu.my/5498/ Determinants of financing preferences of micro enterprises Ahmad, Kamilah Mohamed Zabri, Shafie Atan, Siti Anisah Annuar, Aemi Shazwani HG Finance In the development of business establishments, the financing factor has always been a major consideration that is always put on top of the organisation’s main priorities. This study examines the type of financing preferences of micro enterprises; and to investigate factors influencing their preferences. Based on 164 valid responses, the findings revealed that most respondents prefer internal funding. While the retained profit and owners’ own savings are the main sources of internal fund; bank loan is the major external source of funding among the respondents. Furthermore educational level, loan documentation and procedures, debt commitment; and growth planning are found to have significant link with the financing preference. This paper ought to provide new evidence and inferable source in financing preference. JARDCS 2018 Article PeerReviewed text en http://eprints.uthm.edu.my/5498/1/AJ%202018%20%28548%29.pdf Ahmad, Kamilah and Mohamed Zabri, Shafie and Atan, Siti Anisah and Annuar, Aemi Shazwani (2018) Determinants of financing preferences of micro enterprises. Journal of Advanced Research in Dynamical and Control Systems (JARDCS), 10 (7). pp. 297-305. ISSN 1942-023X |
| spellingShingle | HG Finance Ahmad, Kamilah Mohamed Zabri, Shafie Atan, Siti Anisah Annuar, Aemi Shazwani Determinants of financing preferences of micro enterprises |
| title | Determinants of financing preferences of micro enterprises |
| title_full | Determinants of financing preferences of micro enterprises |
| title_fullStr | Determinants of financing preferences of micro enterprises |
| title_full_unstemmed | Determinants of financing preferences of micro enterprises |
| title_short | Determinants of financing preferences of micro enterprises |
| title_sort | determinants of financing preferences of micro enterprises |
| topic | HG Finance |
| url | http://eprints.uthm.edu.my/5498/ http://eprints.uthm.edu.my/5498/1/AJ%202018%20%28548%29.pdf |