Exploring the Experience of SMEs’ CFO about Network and Financing Performance

• Main Authors: Hui-Chen Yao, 姚惠貞
• Other Authors: Tai-Ho Yang
• Format: Others
• Language: zh-TW
• Published: 2011
• Online Access: http://ndltd.ncl.edu.tw/handle/15699231012515882429

碩士 === 崑山科技大學 === 企業管理研究所 === 99 === Through in-depth interviews and archive review, the qualitative research with a view of an insider tried to analyze and interpret three senior financial officers from small to mid-sized businesses about the relation between their relation networks and financing performance. This study proposed following concepts about relation networks, including a variety of relation, preservation of relation, extension of relation and use of relation based on operational performance. The study found that the interviewees’ main method of financing is basing on financial structure and use of relation networks. To materialize, the study found that relation networks helps to improve financial performance and reduce risk; the study suggests people make sure the use of relation networks is in favor of the companies; there is a cause and effect relation between relation networks and financial performance, and financial officers can make use of relation networks to make available the financial supports as originally expected, hence to minimize risk and maximize financial performance.