Management of trade credit by small and medium-sized enterprises
Journal of Economic and Financial Sciences
| Field | Value | |
| Title | Management of trade credit by small and medium-sized enterprises | |
| Creator | Otto, Werner H. | |
| Description | This study identifies the trade credit management situation within the small and medium-sized enterprise (SME) environment. The purpose of this study is to determine the trade credit management practices of SMEs, focussing on debtors alone, in order to establish whether South African SMEs mismanage trade credit. Focussing on SMEs, this study created a unique opportunity to determine the trade credit management practices of SMEs specifically. This article provides vital evidence containing SMEs’ trade credit management practices and insight to entrepreneurs (SME owners) and government regarding possible reasons why SMEs find it difficult to manage trade credit effectively. Data were analysed using statistical techniques such as descriptive statistics, frequencies, cross-tabulations and mean scores. The intention is that SMEs and small firms can use the results of this study in assessing the appropriateness and effectiveness of their own practices and, in doing so, contribute towards the sustainability and viability of SMEs in order to empower SMEs to operate successfully in addressing the South African development challenges. | |
| Publisher | AOSIS | |
| Date | 2018-04-09 | |
| Identifier | 10.4102/jef.v11i1.178 | |
| Source | Journal of Economic and Financial Sciences; Vol 11, No 1 (2018); 8 pages 2312-2803 1995-7076 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://jefjournal.org.za/index.php/jef/article/view/178/204
https://jefjournal.org.za/index.php/jef/article/view/178/203
https://jefjournal.org.za/index.php/jef/article/view/178/205
https://jefjournal.org.za/index.php/jef/article/view/178/190
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