Iman Cheratian , Saleh Goltabar , Hassan F. Gholipour , Mohammad Reza Farzanegan
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引用次数: 0
Abstract
This study examines the relationship between access to finance and growth in sales for micro, small, and medium enterprises (MSMEs) in Iran. We use data from 486 firms in 5 provinces, and our findings indicate that external financing positively affects sales growth for MSMEs. The results suggest financing for research and development expenditures, production diversification, new employment, and advertising can significantly increase sales growth. We also find that spending on intellectual property, labor training, and land and building acquisition negatively moderates the relationship between finance and sales growth.
期刊介绍：
Research in International Business and Finance (RIBAF) seeks to consolidate its position as a premier scholarly vehicle of academic finance. The Journal publishes high quality, insightful, well-written papers that explore current and new issues in international finance. Papers that foster dialogue, innovation, and intellectual risk-taking in financial studies; as well as shed light on the interaction between finance and broader societal concerns are particularly appreciated. The Journal welcomes submissions that seek to expand the boundaries of academic finance and otherwise challenge the discipline. Papers studying finance using a variety of methodologies; as well as interdisciplinary studies will be considered for publication. Papers that examine topical issues using extensive international data sets are welcome. Single-country studies can also be considered for publication provided that they develop novel methodological and theoretical approaches or fall within the Journal''s priority themes. It is especially important that single-country studies communicate to the reader why the particular chosen country is especially relevant to the issue being investigated. [...] The scope of topics that are most interesting to RIBAF readers include the following: -Financial markets and institutions -Financial practices and sustainability -The impact of national culture on finance -The impact of formal and informal institutions on finance -Privatizations, public financing, and nonprofit issues in finance -Interdisciplinary financial studies -Finance and international development -International financial crises and regulation -Financialization studies -International financial integration and architecture -Behavioral aspects in finance -Consumer finance -Methodologies and conceptualization issues related to finance
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