Socially Responsible Investment, Internal Financing Sources and Access to Bank Financing: Evidence from Indian Survey Data

Amarjit Gill (), Harvinder S. Mand, Afshin Amiraslany and Neil Mathur
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Amarjit Gill: Edwards School of Business, The University of Saskatchewan, 25 Campus Drive, Saskatoon, SK, S7N-5A7, Canada
Harvinder S. Mand: Department of Commerce, University College, Benra (Dhuri), Sangrur, East Punjab, Pin Code 148024, India
Afshin Amiraslany: Department of Finance and Management Science, Edwards School of Business, The University of Saskatchewan, 25 Campus Drive, Saskatoon, SK, S7N-5A7, Canada
Neil Mathur: College of Management & Technology, Walden University, 100 Washington Avenue South Minneapolis, MN, USA 55401

Asian Academy of Management Journal of Accounting and Finance (AAMJAF), 2017, vol. 13, issue 2, 109-133

Abstract: We investigated the association between socially responsible investment, internal financing sources, and access to bank financing in the production industry of India. Using a survey research design, owners of small production firms were asked about their perceptions regarding socially responsible investment, internal financing sources, and access to bank financing. We found that socially responsible investment and internal financing sources help owners of small production firms improve access to bank financing. This study contributes to the literature on the relationship between socially responsible investment, internal financing sources, and access to bank financing. The findings may be useful for financial managers, production firm owners, investors, consultants, and other stakeholders.

Keywords: Socially responsible investment; internal financing sources; access to bank financing; production industry; India (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (1)

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