The Determinants of the Choice of Alternative Financing Methods of SMEs in Bank Credit Rationing: Evidence from Cameroon

Benjamin Yamb and Noe Ndjeck

International Journal of Financial Research, 2016, vol. 7, issue 5, 165-175

Abstract: Using a method of funding is not accidental. It is based on factors of choosing a financing method. However, these factors do not all exert the same influence to lead to a type of financing, especially in the context of Small and Medium size Enterprises (SMEs) in a situation of bank credit rationing like those of Cameroon. Thus, the results obtained from a sample of452SMEs in Douala Cameroon, through a logistic regression model, revealed that factors such as the cost of financing, the power dilution and the financial flexibility are at least three times more likely to guide the SMEs to short-term financing than to the long and medium-term ones.

Keywords: financial structure; bank credit rationing; alternative financing methods; logistic regression model; SMEs; Cameroon (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciedu.ca/journal/index.php/ijfr/article/view/10403/6331 (application/pdf)
http://www.sciedu.ca/journal/index.php/ijfr/article/view/10403 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jfr:ijfr11:v:7:y:2016:i:5:p:165-175

DOI: 10.5430/ijfr.v7n5p165

Access Statistics for this article

International Journal of Financial Research is currently edited by Gina Perry

More articles in International Journal of Financial Research from International Journal of Financial Research, Sciedu Press
Bibliographic data for series maintained by Gina Perry ().