Open AccessThe Importance of the Owner / Manager's Profile in Accessing Banking Credit for SMES in the Trade / Distribution Branch in the Context Of Information Asymmetry
Author(s) -
Djou André Ilaire,
Kuipou Toukam Christophe,
Takoudjou Nimpa Alain
Publication year - 2020
Publication title -
international journal of scientific research and management
Language(s) - English
Resource type - Journals
ISSN - 2321-3418
DOI - 10.18535/ijsrm/v8i02.em01
Subject(s) - business , order (exchange) , context (archaeology) , information asymmetry , distribution (mathematics) , sample (material) , finance , mathematical analysis , paleontology , chemistry , mathematics , chromatography , biology
The purpose of this article is to examine the impact of the various dimensions of the owner / manager profile on access to bank credit for Cameroonian SMEs working in the trade / distribution subsector. The results of the estimates carried out on a convenience sample of 93 SMEs / CDs highlight three main explanatory variables for access to bank credit, including the age of the owner / manager, his level of education and his relationship network intensity. Thus, owners / managers of SMEs/CDs aged 40 and over, with a high school education and a high network intensity are more likely to access the amount of credit requested. Therefore, promoters of SMEs / CDs would be better off establishing links with bankers, suppliers of goods or even associations in order to increase their chance of accessing the amount of credit requested.