Modes of Export Finance and Firms’ Export Performance: A Study of Chemical Export Units
Emerging Paradigms in Corporate Finance and Regulatory Framework, Eds. Prag Rijwani and Neeraj Amarnani, ISBN: 978-81-923049-3-9, Print Quick, Institute of Management, Nirma University, Ahmedabad, Jan. 2014, pp. 33-45.
15 Pages Posted: 27 Jan 2014
Date Written: January 2014
Abstract
The study is an attempt to analyse the impact of specific sources of finance on firms’ export performance by investigating empirically the SME exporters’ preferred mode of financing their various export operations and linking it with their export profitability. Based on the findings it is concluded that the funds sourced from commercial banks have a significant impact on their export performance, while profit ploughed back into the firms’ export operations were also found to be important. The effect of development finance sources’ such as EXIM bank, SIDBI, IFCI, etc., on export performance having considered the other forms of medium and long term finical facilities/sources was, however, insignificant.
Keywords: Financing Resources, Export Performance, Export Profitability, Small and Medium Size Firms
JEL Classification: F1, F10, F13, F14, F19, F2, F21, F23, F3, F30, F4, F40, F49, G15, G32
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
