Sectoral and International Diversities in the perception of Bank Financing: Evidence from Slovak and Czech SMEs

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Sectoral and International Diversities in the perception of Bank Financing: Evidence from Slovak and Czech SMEs

Popis výsledku v původním jazyce

Banks’ approaches in SMEs financing, being aware of loan conditions and transparency of credit terms are significant facts to improve ability of SMEs to manage their financial and credit risks and also to make SMEs to face with reduced obstacles in their bank credit access. In this context, the research not only aims to compare different sectors in country level but also purposes to make comparison between countries that SMEs’ operate in same sector, regarding their perceptions of these facts. 972 Slovakian and Czech SMEs are analyzed by Chi-square and Z score statistics to find the differences between selected groups and individual responses. According to results of the study, more trade firms positively perceive the selected facts than service firms in Slovakia. But, aspects of Czech service and trade firms do not differ regarding to these facts. Moreover, Slovakian trade firms are more agree that they have knowledge about loan conditions than Czech trade firms do. On the other hand, more Slovakian firms negatively perceive banks’ approach to them than Czech SMEs. Regarding to ntrepreneurs’ knowledge about lending terms, no significant differences exists between the Czech and Slovakian service firms. Furthermore, loan conditions are not transparent for more Slovakian service firms than Czech service firms. The reasons why the differences or similarities exist between the same sectors of different countries and various sectors of a country can be related with education and experience of entrepreneurs, relationship between SMEs and banks and length of the relationship, SMEs’ amount of tangible assets, activities for innovation and in international markets, being discourage to apply for credits, number of bank branches and degree of bank competition.

Název v anglickém jazyce

Sectoral and International Diversities in the perception of Bank Financing: Evidence from Slovak and Czech SMEs

Popis výsledku anglicky

Banks’ approaches in SMEs financing, being aware of loan conditions and transparency of credit terms are significant facts to improve ability of SMEs to manage their financial and credit risks and also to make SMEs to face with reduced obstacles in their bank credit access. In this context, the research not only aims to compare different sectors in country level but also purposes to make comparison between countries that SMEs’ operate in same sector, regarding their perceptions of these facts. 972 Slovakian and Czech SMEs are analyzed by Chi-square and Z score statistics to find the differences between selected groups and individual responses. According to results of the study, more trade firms positively perceive the selected facts than service firms in Slovakia. But, aspects of Czech service and trade firms do not differ regarding to these facts. Moreover, Slovakian trade firms are more agree that they have knowledge about loan conditions than Czech trade firms do. On the other hand, more Slovakian firms negatively perceive banks’ approach to them than Czech SMEs. Regarding to ntrepreneurs’ knowledge about lending terms, no significant differences exists between the Czech and Slovakian service firms. Furthermore, loan conditions are not transparent for more Slovakian service firms than Czech service firms. The reasons why the differences or similarities exist between the same sectors of different countries and various sectors of a country can be related with education and experience of entrepreneurs, relationship between SMEs and banks and length of the relationship, SMEs’ amount of tangible assets, activities for innovation and in international markets, being discourage to apply for credits, number of bank branches and degree of bank competition.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2018

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Economics, Management, Finance, New Trends and Challenges for Academics and Entrepreneurs

ISBN

978-80-8154-243-5

ISSN

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e-ISSN

neuvedeno

Počet stran výsledku

12

Strana od-do

53-64

Název nakladatele

GEORG

Místo vydání

Žilina

Místo konání akce

Bratislava

Datum konání akce

10. 10. 2018

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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