Financial management in SMEs

Research output: Contribution to journalArticle

12 Citations (Scopus)

Abstract

This is the first of a series of reviews for Small Enterprise Research that cover recently published research in the field of small business management and entrepreneurship. The focus of this review is on financial management in small to medium enterprises (SMEs), in particular working capital and cash flow management. A total of 18 papers published in the past 12 months are reviewed summarising their methodology, findings and implications for research, education, policy and practice. The papers are grouped into four categories. The first are those that provide an overall examination of the nature of SME financing. The second are those that focus on the relationship between working capital management and profitability in SMEs. The third group encompass studies of how owner-managers undertake the management of working capital, specifically in developing economies. The fourth group examines the relationship between financial management and growth within SMEs.
Original languageEnglish
Pages (from-to)2-13
JournalSmall enterprises research: the journal of SEAANZ
Volume21
Issue number1
Publication statusPublished - 2014

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Financial management
Small and medium-sized enterprises
Working capital
Profitability
Working capital management
Entrepreneurship
Business management
Capital flows
Small business
Financing
Cash flow
Developing economies
Owner-managers
Small enterprises
Methodology
Education policy

Cite this

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title = "Financial management in SMEs",
abstract = "This is the first of a series of reviews for Small Enterprise Research that cover recently published research in the field of small business management and entrepreneurship. The focus of this review is on financial management in small to medium enterprises (SMEs), in particular working capital and cash flow management. A total of 18 papers published in the past 12 months are reviewed summarising their methodology, findings and implications for research, education, policy and practice. The papers are grouped into four categories. The first are those that provide an overall examination of the nature of SME financing. The second are those that focus on the relationship between working capital management and profitability in SMEs. The third group encompass studies of how owner-managers undertake the management of working capital, specifically in developing economies. The fourth group examines the relationship between financial management and growth within SMEs.",
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Financial management in SMEs. / Mazzarol, Tim.

In: Small enterprises research: the journal of SEAANZ, Vol. 21, No. 1, 2014, p. 2-13.

Research output: Contribution to journalArticle

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