scholarly journals The Entrepreneur Motivation and Financing Sources

2021 ◽  
Vol 7 (1) ◽  
pp. 25
Author(s):  
Anthony Abiodun Eniola
Keyword(s):  
Debt Financing ◽  
Service Development ◽  
External Funding ◽  
Working Capital ◽  
Business Innovation ◽  
Funding Sources ◽  
Choice Procedure ◽  
Financing Choices ◽  
Business Conditions ◽  
Internal Funding

The paper is to examine the influence of business innovation, business expansion, product and service development, working capital, and machinery and equipment requirement on financing choices in the western part of Nigeria. To determine the effect on financing choices, a logistic regression analysis was used. The results, in an impressive manner, indicate that entrepreneurs, essentially with working capital (WC), machinery and equipment (ME) requirements, and business innovation (BI), use internal funding sources, while business expansion (BE) and product and service (PS) development lean toward external funding sources, and more established and larger firms utilize debt financing. The approach and experiential findings offer an unprecedented degree of investigation of previous studies of Nigerian entrepreneurs. Similarly, the experimental results will strengthen entrepreneurs’ knowledge, awareness, and perception. Through their own capabilities, entrepreneurs can prepare and adapt in accordance with the business conditions in which they conduct business, and this work may help them in their choice procedure regarding the capital structure of their organization in the midst of a period when the question of entrepreneur funding is gradually emerging in the Nigerian climate.

scholarly journals Internally Financed Working Capital: Top Manager Preferences from the Perspective of Gender

2020 ◽  
Vol 23 (1) ◽  
Author(s):  
Sunardi Sunardi ◽  
Theresia Woro Damayanti ◽  
Supramono Supramono
Keyword(s):  
Total Sample ◽  
Logit Analysis ◽  
Working Capital ◽  
Funding Sources ◽  
Top Managers ◽  
Management Positions ◽  
Top Manager ◽  
Gender Based ◽  
The Relationship ◽  
Internal Funding

This study seeks to investigate the differences in firm managers’ preferences in the use of internal funding to meet working capital needs. The data to be analyzed are obtained from the results of the World Bank's Productivity and the Investment Climate Survey on firm managers in 98 developing countries, with a total sample of 1,235 firm managers. The analysis techniques used are linear regression and ordinal logit analysis. This study demonstrates the gender-based differences in the proportion of the use of internal funding sources. Female top managers prefer to use internal funding sources for working capital better than top male managers. This study not only provides a better understanding of the relationship between the existence of top female managers and the preference in the use of internally financed working capital but also informs firms that aim to balance the liquidity and the capital cost efficiency in managing their working capital to provide a more significant opportunity for women to occupy top management positions.

Meta-analysis of transactional and financial possibilities of using trade credit

2015 ◽  
Vol 60 (7) ◽  
pp. 51-73
Author(s):  
Natalia Nehrebecka ◽  
Anna Białek-Jaworska ◽  
Aneta Dzik-Walczak
Keyword(s):  
Research Methods ◽  
International Research ◽  
Logit Model ◽  
Trade Credit ◽  
Meta Analysis ◽  
Debt Financing ◽  
Company Size ◽  
Growth Opportunities ◽  
Funding Sources

Article aims to systematize the knowledge acquired in the independent international research on the determinants of financing enterprises using trade credit by conducting a meta-analysis for the main groups of factors taken into account in the models: debt, liquidity, company size, profitability, stocks and growth opportunities. On the basis of publications review devoted to funding sources, 26 companies using trade credit from suppliers are selected. A database containing information about 232 of the estimated models is built. A logit model is estimated to identify the characteristics of trials and research methods determinants influencing the importance of trade credit finance companies. Results of the effect of debt financing on commercial credit utilization depend on the country and the characteristics of surveyed enterprises.

Deposit Supply and Bank Transparency

2021 ◽  
Author(s):  
Liangliang Jiang ◽  
Ross Levine ◽  
Chen Lin ◽  
Wensi Xie
Keyword(s):  
Voluntary Disclosure ◽  
Information Disclosure ◽  
Cost Benefit ◽  
Technological Innovations ◽  
External Funding ◽  
Earnings Guidance ◽  
Funding Sources ◽  
Bank Deposits ◽  
Bank Managers ◽  
The Cost

Does a bank’s dependence on different external funding sources shape its voluntary disclosure of information? We evaluate whether economic shocks that increase the supply of bank deposits alter the cost–benefit calculations of bank managers concerning voluntary information disclosure. We measure information disclosure using 10-K filings, 8-K filings, and earnings guidance. As for the funding shock, we use unanticipated technological innovations that triggered shale development and booms in bank deposits. Further analyses suggest that greater exposure to shale development reduced information disclosure by relaxing the incentives for managers to disclose information to attract funds from external capital markets. This paper was accepted by Kay Giesecke, finance.

scholarly journals MANAGING WASTEWATER IN DECENTRALIZED INDONESIA: COULD LOCAL DEMOCRACY IMPROVE PUBLIC SERVICE?

CosmoGov ◽  
2018 ◽  
Vol 4 (2) ◽  
pp. 213
Author(s):  
Diny Waskitawati
Keyword(s):  
Public Service ◽  
Local Development ◽  
Administrative Reform ◽  
Service Performance ◽  
Wastewater Management ◽  
Local Democracy ◽  
External Funding ◽  
Governance Reform ◽  
Positive View ◽  
Funding Sources

ABSTRACT This article seeks the construal of sounds local democracy and public service improvements in Indonesian decentralization context by bringing the example of wastewater management in Bandung Municipality. Data collected through series of interviews with respected individuals involved in wastewater service, particularly those who directly engage in water and sanitation projects funded by local and external funding sources. Despite the positive view on decentralization could create a more powerful local government in overseeing local development for more effective public service delivery.  It also could be tested by the fragile administrative system and the immature local democracy. In the case of wastewater service in Bandung Municipality, for example, the respected institution called PDAM Tirtawening (Bandung Municipality Water Supply Agency) shows less efficient use of fund compared to the same project funded by the AusAID (Australian AID) as one of Indonesian development partners. Sound governance and administrative reform should be employed to achieve better public service performance. Keywords: local democracy, decentralized Indonesia, Bandung Municipality, wastewater management, governance reform

9 Official Funding Sources: Export Credit Agencies and Multilateral Development Banks

2015 ◽  
Author(s):  
Borisoff Alexander ◽  
Compton Andrew
Keyword(s):  
Project Finance ◽  
Export Credit ◽  
Working Capital ◽  
Multilateral Development Banks ◽  
Funding Sources ◽  
Loan Guarantees ◽  
Development Banks ◽  
Export Credits ◽  
Risk Insurance ◽  
Export Credit Agencies

This chapter provides an overview of official funding sources available in the project finance arena, including from export credit agencies, multilateral development banks, and governmental and quasi-governmental entities. The forepart of the chapter describes export credit agencies and multilateral development banks generally, as well as hybrid-type official funding sources. The second part of the chapter explores the types of funding these entities provide, including loans, loan guarantees, political risk insurance, working capital facilities, equity investments, and bond guarantees. The chapter concludes by assessing regulatory regimes applicable to export credit agencies, including the voluntary OECD Consensus or Arrangement on Export Credits that seeks to promote transparency among export credit agencies, and other common issues and considerations to explore when seeking funding by way of such an official funding source.

Risks of investment activity in tourism and hotel-restaurant business

2020 ◽  
pp. 154-160
Author(s):  
Tamara Smovzhenko ◽  
Oryslava Korkuna ◽  
Ivan Korkuna ◽  
Oleh Tsilnyk
Keyword(s):  
Complex Analysis ◽  
External Funding ◽  
Economic Sectors ◽  
Investment Activity ◽  
Funding Sources ◽  
Relevant Today ◽  
Main Components ◽  
Investment Capacity ◽  
The Impact ◽  
To Receive

Development of tourism and hotel economy in Ukraine and efficient activity of enterprises in the domain substantially depend on the investment capacity of the whole country that is formed by various financial sources, including the attracted investment. Investment resources are one of the main components of resources maintenance of these economic sectors, yet it is worth mentioning that the investors in any crisis face the risks of investing in the business. Therefore, investment activity risks in tourism and hotel-restaurant business are very relevant today. The paper aims to research the investment activity in tourism and the hotel-restaurant business and to determine the main dangers and risks. The paper researches the investment activity in tourism and hotel-restaurant business. The existing range of intersectoral links in tourism and hotel-restaurant business is characterized. The advantages of investment activity in the domain both for the country’s economy and for the investor are outlined. The process of investment activity planning to provide the enterprise with the necessary investment resources to improve the efficiency of its investment activity in the future is explained. The complex analysis of investment risks is conducted. The investment activity risks in tourism and hotel-restaurant business are classified. The impact of investment risks on the development of tourism and hotel-restaurant business is determined. The paper emphasizes that high risks of investing that can lead to failing to receive the planned income or loss of invested funds are among the essential risks that restrain the growth of external funding sources of the investment activity.

The Organizing of Scientific Fields: The Case of Corpus Linguistics

2016 ◽  
Vol 24 (4) ◽  
pp. 568-591 ◽  
Author(s):  
Lars Engwall ◽  
Tina Hedmo
Keyword(s):  
International Organizations ◽  
Corpus Linguistics ◽  
Scientific Work ◽  
Spoken Language ◽  
External Funding ◽  
Systematic Analysis ◽  
Funding Sources ◽  
National Systems ◽  
Scientific Fields ◽  
Over Time

This paper focuses on the processes through which scientific fields are organized over time. It is argued that new approaches in scientific work are hampered by authority structures within national systems for research and established approaches within disciplines, but that these obstacles can be overcome by means of external funding, particularly through new funding sources, as well as the international developments of an innovation. As far as the latter are concerned, they are expected to first lead to informal collaboration among scholars. In the passage of time this informal collaboration becomes more and more formalized. In order to analyse such processes the paper presents a model with three phases labelled as creating, gathering and communicating. This model is then used in an empirical study of corpus linguistics, i.e. the systematic analysis of well-defined populations of written and/or spoken language material. It is shown in the paper how corpus linguistics was developed by scientific innovators who were initially questioned. With the passage of time they created a number of international organizations, which have eventually become more and more formalized, many of them publishing their own journals. In this way the paper demonstrates the significance of organizing for the development of scientific fields.

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