DETERMINANTS OF ACCESS TO TRADE CREDIT FOR SMALL AND MEDIUM SIZED ENTERPRISES IN TURKEY AFTER THE 2008 GLOBAL CRISIS

Kartal Demirgunes

doi:https://doi.org/10.17261/Pressacademia.2016.343

Makale detayları

DETERMINANTS OF ACCESS TO TRADE CREDIT FOR SMALL AND MEDIUM SIZED ENTERPRISES IN TURKEY AFTER THE 2008 GLOBAL CRISIS

Yazarlar:

Kartal Demirgunes

Yayıncı:

PressAcademia

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

Journal of Economics Finance and Accounting 2016 Vol.3 Issue 4, pp.266-284

Belge Tipi:

Makale

Yayın Tarihi:

12/2016

Belge Dili:

Türkçe

Document ID (Org No.):

2000738888

Sıklık:

Üç Aylık

eISSN:

2148-6697

DOI:

https://doi.org/10.17261/Pressacademia.2016.343

Özet:

 


This study
aims to find out the determinants of access to trade credit for SMEs operating
in Turkey after the 2008 Global Crisis. Firstly, theoretical framework on the
concept of trade credit is given; and then the effects of the 2008 Global
Crisis on access to trade credit for SMEs in Turkey are discussed widely.
Following the literature review; Levin-Lin-Chu (LLC), Im-Pesaran-Shin (IPS) and
Augmented Dickey Fuller (ADF) Fisher panel unit root tests, and Pedroni (1999)
and Kao (1999) panel co-integration tests are used in the econometric analyses.
Long term co-integration coefficients estimated by FMOLS methodology proposed
by Pedroni (2000) show that there exists a statistically significant and
positive relationship between access to trade credit and profitability.
However, age, size and cash flow generating capability (of the company) affect
(its) access to trade credit negatively.


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Makale detayları

DETERMINANTS OF ACCESS TO TRADE CREDIT FOR SMALL AND MEDIUM SIZED ENTERPRISES IN TURKEY AFTER THE 2008 GLOBAL CRISIS

Yazarlar: Kartal Demirgunes

Yayıncı: PressAcademia

Ana Başlıklar: Sosyoloji & antropoloji

Dergi: Journal of Economics Finance and Accounting 2016 Vol.3 Issue 4, pp.266-284

Belge Tipi: Makale

Yayın Tarihi: 12/2016

Belge Dili: Türkçe

Document ID (Org No.): 2000738888

Sıklık: Üç Aylık

eISSN: 2148-6697

DOI: https://doi.org/10.17261/Pressacademia.2016.343

Sayı

Yazarlar:

Kartal Demirgunes

Yayıncı:

PressAcademia

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

Journal of Economics Finance and Accounting 2016 Vol.3 Issue 4, pp.266-284

Belge Tipi:

Makale

Yayın Tarihi:

12/2016

Belge Dili:

Türkçe

Document ID (Org No.):

2000738888

Sıklık:

Üç Aylık

eISSN:

2148-6697

DOI:

https://doi.org/10.17261/Pressacademia.2016.343