SMEs perception related to their trade credit management effectiveness

IF 0.9 4区管理学 Q4 BUSINESS

South African Journal of Business Management Pub Date : 2023-11-09 DOI:10.4102/sajbm.v54i1.3831

Werner H. Otto

{"title":"SMEs perception related to their trade credit management effectiveness","authors":"Werner H. Otto","doi":"10.4102/sajbm.v54i1.3831","DOIUrl":null,"url":null,"abstract":"Purpose: To determine small and medium-sized enterprises’ (SMEs) perception related to their trade credit management effectiveness.Design/methodology/approach: Quantitative research design with purposive sampling as the sampling method, administrated to 10 450 SMEs within South Africa.Findings/results: The results indicate SMEs perceive their trade credit management as effective.Practical implications: The article reveals how SMEs perceive their trade credit management by identifying their effectiveness in managing trade credit.Originality/value: By raising awareness pertaining to SMEs’ perceptions around their trade credit management effectiveness, SMEs can become more observant of their own trade credit management effectiveness and overall finances. Thereby, SMEs’ awareness could be improved to become financially viable and, in so doing, empower SMEs to foster economic development within South Africa. Given the results revealing SMEs’ perception as effective in managing trade credit, the study adds value by providing insight as to what financial problems, apart from trade credit ineffectiveness, could contribute to their business failure. There is a need therefore to investigate why SMEs continue to fail at such high rates because of financial problems in order to determine the root causes and types of financial problems contributing to SME business failure.","PeriodicalId":45649,"journal":{"name":"South African Journal of Business Management","volume":" 5-6","pages":"0"},"PeriodicalIF":0.9000,"publicationDate":"2023-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"South African Journal of Business Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.4102/sajbm.v54i1.3831","RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"BUSINESS","Score":null,"Total":0}

引用次数: 0

Abstract

Purpose: To determine small and medium-sized enterprises’ (SMEs) perception related to their trade credit management effectiveness.Design/methodology/approach: Quantitative research design with purposive sampling as the sampling method, administrated to 10 450 SMEs within South Africa.Findings/results: The results indicate SMEs perceive their trade credit management as effective.Practical implications: The article reveals how SMEs perceive their trade credit management by identifying their effectiveness in managing trade credit.Originality/value: By raising awareness pertaining to SMEs’ perceptions around their trade credit management effectiveness, SMEs can become more observant of their own trade credit management effectiveness and overall finances. Thereby, SMEs’ awareness could be improved to become financially viable and, in so doing, empower SMEs to foster economic development within South Africa. Given the results revealing SMEs’ perception as effective in managing trade credit, the study adds value by providing insight as to what financial problems, apart from trade credit ineffectiveness, could contribute to their business failure. There is a need therefore to investigate why SMEs continue to fail at such high rates because of financial problems in order to determine the root causes and types of financial problems contributing to SME business failure.

查看原文本刊更多论文

中小企业的感知关系到其贸易信贷管理的有效性

目的:了解中小企业对其贸易信贷管理有效性的认知。设计/方法/方法:定量研究设计，以目的抽样为抽样方法，对南非10450家中小企业进行管理。发现/结果:结果表明中小企业认为他们的贸易信贷管理是有效的。实践启示:本文通过识别中小企业管理贸易信贷的有效性，揭示了中小企业如何看待其贸易信贷管理。独创性/价值:通过提高中小企业对其贸易信贷管理有效性的认识，中小企业可以更加注意自己的贸易信贷管理有效性和整体财务状况。因此，可以提高中小企业的认识，使其在财政上可行，从而使中小企业能够促进南非的经济发展。鉴于结果显示中小企业在管理贸易信贷方面是有效的，该研究通过洞察除了贸易信贷无效之外，哪些财务问题可能导致其业务失败而增加了价值。因此，有必要调查为什么中小企业由于财务问题而继续以如此高的比率失败，以确定导致中小企业业务失败的财务问题的根本原因和类型。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

South African Journal of Business Management Multiple-

CiteScore

2.00

自引率

7.70%

发文量

审稿时长

25 weeks

期刊介绍： The South African Journal of Business Management publishes articles that have real significance for management theory and practice. The content of the journal falls into two categories: managerial theory and management practice: -Management theory is devoted to reporting new methodological developments, whether analytical or philosophical. In general, papers should, in addition to developing a new theory, include some discussion of applications, either historical or potential. Both state-of-the-art surveys and papers discussing new developments are appropriate for this category. -Management practice concerns the methodology involved in applying scientific knowledge. It focusses on the problems of developing and converting management theory to practice while considering behavioural and economic realities. Papers should reflect the mutual interest of managers and management scientists in the exercise of the management function. Appropriate papers may include examples of implementations that generalise experience rather than specific incidents and facts, and principles of model development and adaptation that underline successful application of particular aspects of management theory. The relevance of the paper to the professional manager should be highlighted as far as possible.