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Journal of International Entrepreneurship

Erschienen in:

01.03.2015

Financial factors and export behavior of small and medium-sized enterprises in an emerging economy

verfasst von: Abu H. Ayob, Shamshubaridah Ramlee, Aisyah Abdul Rahman

Erschienen in: Journal of International Entrepreneurship | Ausgabe 1/2015

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Abstract

Financial considerations play a major role influencing the internationalization of firms. However, it is not clear how integrated financial factors such as cost and capital are related to the export behavior of small- and medium-sized enterprises (SMEs). The purpose of this study is to examine financial profiles of SMEs in an emerging economy by discriminating between non-exporters and exporters. Survey data from 356 SMEs in Malaysia was analyzed to see how perceived costs, internal financial resources, and external capital constraint are associated with their export status. Through a multiple logistic regression model, it is found that exporters perceive higher internal financial resources and fewer constraints in accessing external capital. They also perceive higher export costs than non-exporters. This study offers academics, entrepreneurs, and policy-makers a comprehensive understanding of financial characteristics that explain the export behavior of SMEs in developing countries.

Vorheriger Artikel Dynamic capabilities and performance in foreign markets: Developments within international new ventures

Nächster Artikel Convergence in the priorities of entrepreneurial values: Empirical evidence from Malaysia

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The questionnaire was written in English, allowing comparison to prior studies. English proficiency in Malaysia is the highest in Asia and ranked 9th in the world among non-native countries (EF English Proficiency Index score in 2011: 55.54, high proficiency).

Definition of manufacturing SME in Malaysia is based on sales turnover and number of full time employees. Small enterprise: sales turnover between RM250,000 and less than RM10 million or full-time employees between 5 and 50; medium enterprise: sales turnover between RM10 million and RM25 million or full-time employees between 51 and 150. Ringgit Malaysia (RM)1 = US$0.3047

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Titel: Financial factors and export behavior of small and medium-sized enterprises in an emerging economy
verfasst von: Abu H. Ayob
Shamshubaridah Ramlee
Aisyah Abdul Rahman
Publikationsdatum: 01.03.2015
Verlag: Springer US
Erschienen in: Journal of International Entrepreneurship / Ausgabe 1/2015
Print ISSN: 1570-7385
Elektronische ISSN: 1573-7349
DOI: https://doi.org/10.1007/s10843-014-0141-5

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