Financial Support to Small and Medium-Sized Enterprises in Slovakia
Journal Title: Financial Markets, Institutions and Risks - Year 2017, Vol 1, Issue 4
Abstract
The purpose of the paper is to examine the system of small and medium-sized enterprises´ support in Slovakia and to analyze how this support is perceived by the enterprises themselves. In general, there are two forms of government support to small and medium-sized enterprises (SMEs) – financial and non-financial – and the main focus of this paper is on the financial support, which matters more to entrepreneurs. In the first part, the paper deals with financial support and SMEs from a theoretical point of view. Then the selected results of the questionnaire survey focused to the perceiving of the financial support by Slovak entrepreneurs are presented. The survey realized by the end of 2016 at the sample of selected small and medium-sized enterprises operating in Slovakia, which in the past received financial support from public sources and used it to raise their business in the global environment reveal deficiencies in the system of providing financial support to SMEs and point to a lack of financial resources for this support.
Authors and Affiliations
Hussam Musa, Zdenka Musova, Peter Sliacky
Keywords
Related Articles
- EP ID EP522905
- DOI 10.21272/fmir.1(4).47-52.2017
- Views 71
- Downloads 0
An Evaluation of Financial Management System in Gulati Institute of Finance and Taxation an Autonomous Institution, Thiruvananthapuram, Kerala
Finance being an important function of business, is very crucial to meet various financing and investment activities in it. The wide scope of financial management should be considered to include three major finance funct...
Preliminary contemplation on Exchange Value
Exchange Value is a vital term of economics. Exchange Value is born by an exchange process and the exchange process is the life line of the human society. Exchange value gets influenced by various parameters. These param...
Openness of the insurance market for foreign entities: methodology and experience of Ukraine
The article is devoted to the development of methodical tools for determining the level of openness of the insurance market in Ukraine. The proposed level of openness of the insurance market of Ukraine should be consider...
Credit Information Sharing and Its Link to Financial Inclusion and Financial Intermediation
In this article, several regression analyses are conducted to analyse the relationship of credit information sharing (by both private credit bureaus and public credit registries) with financial inclusion and financial in...
Comparative analysis of IFRS and US GAAP
The paper presents a critical analysis of the needs for, reasonableness, and status of the convergence of U.S. GAAP and IFRS. Differences between IFRS and US GAAP are examined. The authors’ conclusion is that it is both...