The Impact of Various Economic Factors in accessing Finance within the Business Sector: Cases from UK Financial Services Companies

Marouan Saghir and John Aston

MPRA Paper from University Library of Munich, Germany

Abstract: This paper investigates the impact of various economic factors such as inflation, interest rate, financial crises, and government regulations on the access to finance in the business sector specifically considering the financial experts' perspective operating in the UK financial services companies. The study examines the relationship between variables of interest in post recession period. Total five out of top fifty British Financial Services' Companies were selected through convenience sampling. Additionally, 38 respondents were selected through purposive sampling, based on their knowledge, level of management, and experiences in the sector. The findings showed that interest rate, government regulations, and financial crises have significant relationship in accessing financial resource. Interestingly, 83% remain neutral about the relationship between inflation and raising funds.

Keywords: Inflation; interest rate; government regulation; financial crises; economic factors (search for similar items in EconPapers)
JEL-codes: D0 D04 E6 E69 F32 F38 F68 (search for similar items in EconPapers)
Date: 2017-04-20, Revised 2017-05-20
New Economics Papers: this item is included in nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in International Journal of Applied Business and Management Studies 2.2(2017): pp. 16-25

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/84052/1/MPRA_paper_84052.pdf original version (application/pdf)

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:pra:mprapa:84052

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().