NDLI: How do small business owners actually make their financial decisions? Understanding SME financial behaviour using a case-based approach

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How do small business owners actually make their financial decisions? Understanding SME financial behaviour using a case-based approach

Content Provider	Semantic Scholar
Author	Wong, Alexandra Holmes, Scott Schaper, Michael
Copyright Year	2018
Abstract	ABSTRACTConventional approaches to the study of SME finance tend to focus on the changing financing options and preferences as small businesses move through different stages. However, one of the limitations of such approaches is that they do not explain how small businesses make decisions that lead to their financial structures. This paper suggests that small business owners deliberately choose how they manage their firms’ finance as a direct consequence of their personal objectives for owning a business. This paper summarizes the findings of a qualitative study with 11 small business owners using a novel qualitative model developed by Holmes and Gupta [2015, Opening Aladdin’s cave: Unpacking the factors impacting on small businesses. In A. Moore & J. Simon (Eds.), Small business conditions and finance (pp. 37–56). Sydney: Reserve Bank of Australia.]. The results uncover a series of underlying factors (such as personal perspectives, life events and future outlook) which shape the goals and perceptions of ...
Starting Page	36
Ending Page	51
Page Count	16
File Format	PDF HTM / HTML
DOI	10.1080/13215906.2018.1428909
Volume Number	25
Alternate Webpage(s)	https://pure.bond.edu.au/ws/portalfiles/portal/35689442/AM_How_do_small_business_owners_actually_make_their_financial_decisions.pdf
Alternate Webpage(s)	https://doi.org/10.1080/13215906.2018.1428909
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article

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