The impact of financial bootstrapping techniques on perceived performance: an empirical analysis of Costa Rican SMEs

IF 1.1 Q4 BUSINESS
Yuqi Li, Marco Alvarado
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引用次数: 0

Abstract

In this study we evaluate how different financial bootstrapping techniques - that we link to the access to financial resources, the relationship with customers and suppliers, and cooperation with other businesses - impact perceived performance among Costa Rican small businesses. The results of the regression analysis on a sample of 120 Costa Rican SMEs for 2017 show that bootstrapping techniques related to customers and suppliers have a significant positive impact on perceived performance, while bootstrapping practices linked to access to finance are negatively correlated to perceived performance levels. The findings also show that labour market experience and business size are positively correlated to perceived performance. This study offers insights on the relevance of including cash-flow managerial practices (i.e., financial bootstrapping techniques) in the performance evaluation of SMEs in developing settings.
金融自举技术对感知绩效的影响:对哥斯达黎加中小企业的实证分析
在这项研究中,我们评估了不同的金融自举技术——我们将其与获得金融资源、与客户和供应商的关系以及与其他企业的合作联系起来——如何影响哥斯达黎加小企业的感知绩效。2017年对120家哥斯达黎加中小企业样本的回归分析结果表明,与客户和供应商相关的自举技术对感知绩效有显著的积极影响,而与融资渠道相关的自提实践与感知绩效水平呈负相关。研究结果还表明,劳动力市场经验和企业规模与感知绩效呈正相关。这项研究深入探讨了将现金流管理实践(即金融自举技术)纳入发展中中小企业绩效评估的相关性。
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来源期刊
CiteScore
2.00
自引率
23.10%
发文量
24
期刊介绍: Environmental dynamism is a widely-explored construct in organisation theory/strategic management literature. It has growing importance according to the degree of instability/turbulence of such key operating concerns as market/industry conditions as well as more general technological, economic, social, political forces. An organisation''s ability to adapt to changing environmental circumstances is key to survival. IJBE examines how firms behave under different types of environment and the external influences on businesses. It addresses a wide variety of business decisions/processes/activities within the business environment.
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