Munich Personal RePEc Archive

The Impact of Various Economic Factors in accessing Finance within the Business Sector: Cases from UK Financial Services Companies

Saghir, Marouan and Aston, John (2017): The Impact of Various Economic Factors in accessing Finance within the Business Sector: Cases from UK Financial Services Companies. Published in: International Journal of Applied Business and Management Studies , Vol. 2, No. 2 (25 June 2017): pp. 16-25.

[img]
Preview
PDF
MPRA_paper_84052.pdf

Download (327kB) | Preview

Abstract

This paper investigates the impact of various economic factors such as inflation, interest rate, financial crises, and government regulations on the access to finance in the business sector specifically considering the financial experts' perspective operating in the UK financial services companies. The study examines the relationship between variables of interest in post recession period. Total five out of top fifty British Financial Services' Companies were selected through convenience sampling. Additionally, 38 respondents were selected through purposive sampling, based on their knowledge, level of management, and experiences in the sector. The findings showed that interest rate, government regulations, and financial crises have significant relationship in accessing financial resource. Interestingly, 83% remain neutral about the relationship between inflation and raising funds.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.