scholarly journals Supervisor Ratings and the Contraction of Bank Lending to Small Businesses

2012 ◽  
Vol 2012 (59) ◽  
pp. 1-32 ◽  
Author(s):  
Elizabeth K. Kiser ◽  
◽  
Robin A. Prager ◽  
Jason R. Scott
Keyword(s):  
Small Businesses ◽  
Bank Lending ◽  
Supervisor Ratings

FEATURES OF THE RUSSIAN SMALL BUSINESS MODEL AND THE CONSEQUENCES OF THE COVID-19 PANDEMIC

2021 ◽  
pp. 71-85
Author(s):  
Natal’ya E. Egorova ◽  
Keyword(s):  
Small Business ◽  
Business Model ◽  
Small Businesses ◽  
Structural Characteristics ◽  
Bank Lending ◽  
Structural Instability ◽  
Government Support ◽  
Negative Consequences ◽  
Development Levels ◽  
The Impact

The article analyzes the quantitative and structural stability of Russian small business and identifies the model features of its functioning. It investigates the dynamics of development of Russian small business is investigated and notes a downward trend in the number of small and medium-sized enterprises over the past two years. A conclusion is drawn that the quantitative indicators reflecting its functioning are highly sensitive to the negative effects of the macroeconomic environment. The author introduces a concept of the small business heterogeneity and brings up its structural characteristics, represented by various categories of small and medium-sized firms. Comparative analysis of the Russian small business model with foreign small business confirms its quantitative and structural instability. That makes the considered sector of the national economy vulnerable to shocks (externalities), including the COVID-19 pandemic. It is assumed that the negative consequences of the pandemic will affect Russian small businesses more than foreign ones, and the gap in their development levels will widen. An assessment of the impact of the COVID-19 pandemic on Russian small business and a forecast of its development are made in the context of limited government support and the absence of active bank lending.

scholarly journals Bank Lending to Small Businesses in Latin America: Does Bank Origin Matter?

2002 ◽  
Author(s):  
Robert Cull ◽  
Maria Peria ◽  
Susana M. Sánchez ◽  
George Clarke
Keyword(s):  
Latin America ◽  
Small Businesses ◽  
Bank Lending

scholarly journals Bank Lending to Small Businesses in Latin America: Does Bank Origin Matter?

2005 ◽  
Vol 37 (1) ◽  
pp. 83-118 ◽  
Author(s):  
George R. G. Clarke ◽  
Robert J. Cull ◽  
Maria Soledad Martinez Peria ◽  
Susana M. Sanchez
Keyword(s):  
Latin America ◽  
Small Businesses ◽  
Bank Lending

scholarly journals Problems of small business in Ukraine and ways for their overcoming

2021 ◽  
Vol 71 (4) ◽  
pp. 69-76
Author(s):  
A. Chushak-Holoborodko ◽  
P. Horyslavets ◽  
O. Poburko ◽  
S. Shramko
Keyword(s):  
Law Enforcement ◽  
Small Business ◽  
Small Businesses ◽  
Bank Lending ◽  
Legal Regulation ◽  
The State ◽  
Normal Operation ◽  
Law Enforcement Agencies ◽  
Wide Range ◽  
Business Entities

The essence of small business and the criteria for enrollment of business entities to small enterprises and micro-enterprises, both according to the approach of domestic legislation and European standards are investigated in this paper The place of small business in the state economy and its role in its development is studied. Factors that shape the environment for small business in Ukraine and hinder its effective functioning are formulated. In particular, the legal capacity of small businesses and the biased attitude of law enforcement agencies towards small businesses permanently put pressure on small businesses and complicate the process of their activities. A wide range of inhibitory factors and factors faced by small business in Ukraine are analyzed and studied. The key areas that are most urgently in need of reform are identified, and their detailed and in-depth analysis is carried out. As the result, a list of small business problems in Ukraine is formed and grouped. Obstacles on the part of the tax system include refusal to register tax invoices for unknown reasons, delays in unblocking tax invoices and registration of invoices by tax authorities, as well as unfounded grounds on which taxpayers are included in risky and lack of clear instructions for exclusion from the list of risky. On the part of law enforcement agencies – unfounded criminal proceedings, slowing down the process of returning business entities to normal operation. On the part of labor relations are the complexity and inflexibility of the interaction between employee and employer and the procedure for dismissal of employees; conducting by the employer of documentary administration of labor in paper form; significant dispersion of legal regulation of labor inspections. In terms of availability of funding are non-compliance with the requirements of bank lending and lack of information about international programs, grants and donor funding with the participation of European organizations, as well as government programs to support business. Based on the outlined problems, a number of ways to overcome them, which will bring small business in Ukraine to a new level and strengthen the economic position of the state are formed.

scholarly journals The Role of Trade Credit in Activities of Small and Medium-Sized Enterprises

2020 ◽  
Vol 12 (6) ◽  
pp. 126-135
Author(s):  
E.A. Panova ◽  
Keyword(s):  
Small Businesses ◽  
Price Competition ◽  
Trade Credit ◽  
Small And Medium Enterprises ◽  
Negative Relationship ◽  
Bank Lending ◽  
Cash Flows ◽  
Accounts Payable ◽  
Medium Enterprises ◽  
Return On Sales

Trade credit has a special meaning for small and medium-sized enterprises (SMEs). When they act as a supplier, it allows them to increase sales and cash flows, and helps establish and maintain permanent relationships with clients. Deferred payment provision is a tool for non-price competition, giving a client time to make sure of product quality. Trade credit as a financial source is an important alternative to bank lending. The article is devoted to studying the determinants of accounts payable in Russian industrial SMEs.It is based on the financial indicators calculated using the SMEs’ accounting statements for the period 2010–2018, published by Rosstat. The statistical data analysis has led to the conclusion that accounts payable are the main borrowed financial source for Russian industrial SMEs. The results of the regression analysis demonstrate a direct dependence of the accounts payable amount on sales growth and a reverse dependence of the former on the liquidity both in small and medium enterprises. Small businesses are also characterized by a negative relationship between return on sales and the accounts payable amount.

Financial factors for improving the competitiveness of the corporate sector in the Komi Republic

2021 ◽  
Vol 2 ◽  
pp. 127-135
Author(s):  
E.N. Timushev ◽  
◽  
Yu.A. Gadzhiev ◽  
M.M. Styrov
Keyword(s):  
Small Businesses ◽  
Resource Curse ◽  
Bank Lending ◽  
Komi Republic ◽  
Corporate Sector ◽  
Regional Competitiveness ◽  
Specific Investment ◽  
Regional Budget ◽  
Investment In Fixed Assets ◽  
The Impact

The paper demonstrates the importance of a stable financial state of the corporate sector for the competitiveness of the region, limited tools of regional budget policy and the possibility of increasing the financial support of small and me-dium-sized businesses in the Komi Republic. The analysis is based on the indicators of investment in fixed assets and the size of bank lending to small and medium-sized businesses, which are both indicators of the finances of the corpo-rate sector of the economy and the macro-financial block in the concept of regional competitiveness. In the Komi Re-public, as in other northern regions of Russia, the volume of bank lending to small businesses is extremely limited – but the specific investment per capita, and with it the growth rate of the economy, significantly lags behind the average northern and average Russian values. Similarly, in the Komi Republic, as in the rest of the resource economies of Rus-sia, the effects of the "resource curse" (low revenue of small and medium-sized businesses and the volume of innovative products) are manifested – while the poverty of the population is high, the size of average monetary incomes is small and, in comparison with regions with similar income levels, informal employment is very limited. The paper suggests a way to overcome the identified negative trends and restore competitiveness – stimulating demand from the corporate sector of the Komi Republic, primarily small and medium-sized businesses, for financial resources offered by federal development institutions. The problems of intersectoral unevenness and the impact of the system of “northern benefits” on the finances of enterprises are considered.

scholarly journals BASIC PRECONDITIONS FOR ACTIVATING THE DEVELOPMENT OF SMALL AND MEDIUM ENTREPRENEURSHIP IN KAZAKHSTAN IN MODERN CONDITIONS

2021 ◽  
Author(s):  
С.К. Кунязова ◽  
Е.К. Кунязов ◽  
А.С. Кадырова ◽  
С.К. Жетпысбаев ◽  
S. Kunyazova ◽  
...  
Keyword(s):  
Economic Development ◽  
Economic Activity ◽  
Small Businesses ◽  
Bank Lending ◽  
Business Environment ◽  
Competitive Advantages ◽  
Economic Sectors ◽  
Investment Funds ◽  
Difficult Time ◽  
Business Entities

В статье отмечается, что экономический рост должен предполагать активизацию развития предпринимательства и повышение его роли в национальной экономике. Малое и среднее предпринимательство как особый способ хозяйственной деятельности призвано стимулировать усиление внутрихозяйственного развития, расширение занятости населения и реализацию конкурентных преимуществ Казахстана в международном разделении труда. Предпринимательская среда и реальный сектор экономики больше всего подверглись негативному влиянию во время пандемии. Несмотря на это, отечественная экономика продолжает показывать положительную динамику в это нелегкое время. Проведен анализ доли активных субъектов в общем количестве зарегистрированных субъектов МСП, структуры занятых в индивидуальном предпринимательстве по видам экономической деятельности, показана оценка вклада малого и среднегопредпринимательства в валовой внутренний продукт и динамика кредитования банками субъектов малого предпринимательства в разрезе отраслей экономики за последние годы. Авторы отмечают, что главным фактором, ограничивающим возможности предпринимателей, являются трудности получения финансирования. Поэтому одной из целей поддержки малого и среднего предпринимательства является создание условий для удешевления кредитных ресурсов, развитие государственно-частного партнерства, формирование групп банков, финансовых компаний, инвестиционных фондов, работающих с субъектами предпринимательства. Остро возникает необходимость в увеличении объемов доступной финансово-кредитной поддержки малого и среднего предпринимательства по приоритетным направлениям экономического развития страны, также должно быть уделено внимание снижению налоговой нагрузки. The article notes that economic growth should involve the intensification of the development of entrepreneurship and an increase in its role in the national economy. Small and medium-sized businesses as a special way of economic activity are designed to stimulate the strengthening of intra-economic development, the expansion of employment of the population and the implementation of Kazakhstan's competitive advantages in the international division of labor. The business environment and the real sector of the economy were most negatively affected during the pandemic. Despite this, the domestic economy continues to show positive dynamics during this difficult time. The analysis of the share of active subjects in the total number of registered SMEs, the structure of those employed in individual entrepreneurship by type of economic activity, shows the assessment of the contribution of small and medium-sized businesses to the gross domestic product and the dynamics of bank lending to small businesses in the context of economic sectors in recent years. The authors note that the main factor limiting the opportunities for entrepreneurs is the difficulty of obtaining funding. Therefore, one of the goals of supporting small and medium-sized businesses is to create conditions for cheaper credit resources, the development of public-private partnerships, the formation of groups of banks, financial companies, investment funds working with business entities. There is an urgent need to increase the volume of available financial and credit support for small and medium-sized businesses in priority areas of the country's economic development, and attention should also be paid to reducing the tax burden.

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