Factoring as a Financing Alternative for African Small and Medium-Sized Enterprises
Small and medium-sized enterprises (SMEs) are the main drivers of economic growth and employment. African SMEs are constrained by a lack of access to finance. In line with the pecking order theory, capital-constrained SMEs are expected to seek external finance. However, due to credit rationing, Afri...
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| Format: | Others |
| Language: | en |
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ScholarWorks
2015
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| Online Access: | https://scholarworks.waldenu.edu/dissertations/1578 https://scholarworks.waldenu.edu/cgi/viewcontent.cgi?article=2577&context=dissertations |