{"title":"马来西亚制造业中小企业管理特征对资本结构的影响","authors":"K. Chin, Zuriawati Zakaria, Choong Chee Keong","doi":"10.32890/ijbf2020.15.1.9930","DOIUrl":null,"url":null,"abstract":"Access to capital is a critical factor in stimulating small business creation and growth especially in developing companies. The failure of small business entities in securing the needed capital would entail them remaining small and limit their ability to create goods, services, and innovations in the marketplace, including jobs. This study focuses on manufacturing SMEs by examining the influence of managerial characteristics (age, gender, work experience and level of education) on capital structure towards technology improvement. Based on a survey of 219 respondents, the results indicated that male managers, managers with a lot of work experience and educated managers preferred internal and external financing. Furthermore, internal and external financing also showed positive relationships to improve manufacturing technology The International Journal of Banking and Finance, Vol. 15. Number 1, 2020: 21-37 21 22 The International Journal of Banking and Finance, Vol. 15, No 1, 2020 : 21-37","PeriodicalId":170943,"journal":{"name":"The International Journal of Banking and Finance","volume":"201 2","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2020-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":"{\"title\":\"THE IMPACT OF MANAGERIAL CHARACTERISTICS ON CAPITAL STRUCTURE IN MALAYSIAN MANUFACTURING SMES\",\"authors\":\"K. Chin, Zuriawati Zakaria, Choong Chee Keong\",\"doi\":\"10.32890/ijbf2020.15.1.9930\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Access to capital is a critical factor in stimulating small business creation and growth especially in developing companies. The failure of small business entities in securing the needed capital would entail them remaining small and limit their ability to create goods, services, and innovations in the marketplace, including jobs. This study focuses on manufacturing SMEs by examining the influence of managerial characteristics (age, gender, work experience and level of education) on capital structure towards technology improvement. Based on a survey of 219 respondents, the results indicated that male managers, managers with a lot of work experience and educated managers preferred internal and external financing. Furthermore, internal and external financing also showed positive relationships to improve manufacturing technology The International Journal of Banking and Finance, Vol. 15. Number 1, 2020: 21-37 21 22 The International Journal of Banking and Finance, Vol. 15, No 1, 2020 : 21-37\",\"PeriodicalId\":170943,\"journal\":{\"name\":\"The International Journal of Banking and Finance\",\"volume\":\"201 2\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2020-03-31\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"1\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"The International Journal of Banking and Finance\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.32890/ijbf2020.15.1.9930\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"The International Journal of Banking and Finance","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.32890/ijbf2020.15.1.9930","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
摘要
获得资本是刺激小企业创立和增长的关键因素,尤其是发展中公司。小企业实体如果无法获得所需的资金,就会导致它们继续保持小规模,并限制它们在市场上创造商品、服务和创新的能力,包括就业机会。本研究通过考察管理特征(年龄、性别、工作经验和教育水平)对技术改进资本结构的影响,重点关注制造业中小企业。根据对219名受访者的调查,结果表明男性管理者、工作经验丰富的管理者和受过良好教育的管理者更喜欢内部和外部融资。此外,内部和外部融资也显示出积极的关系,以提高制造技术的国际银行与金融杂志,卷15。《国际金融学报》,Vol. 15, No . 1, 2020: 21-37
THE IMPACT OF MANAGERIAL CHARACTERISTICS ON CAPITAL STRUCTURE IN MALAYSIAN MANUFACTURING SMES
Access to capital is a critical factor in stimulating small business creation and growth especially in developing companies. The failure of small business entities in securing the needed capital would entail them remaining small and limit their ability to create goods, services, and innovations in the marketplace, including jobs. This study focuses on manufacturing SMEs by examining the influence of managerial characteristics (age, gender, work experience and level of education) on capital structure towards technology improvement. Based on a survey of 219 respondents, the results indicated that male managers, managers with a lot of work experience and educated managers preferred internal and external financing. Furthermore, internal and external financing also showed positive relationships to improve manufacturing technology The International Journal of Banking and Finance, Vol. 15. Number 1, 2020: 21-37 21 22 The International Journal of Banking and Finance, Vol. 15, No 1, 2020 : 21-37