Perceived problems with collateral: The value of informal networking
Abstract
Many businesses in emerging economies are financially constrained due to their limited use of formal loans. Recent evidence suggests that negative perceptions discourage entrepreneurs from applying for loans. One of the main issues entrepreneurs mention is unattainable collateral requirements. In this paper, we contribute to this line of research by investigating the effect of networking with fellow entrepreneurs on perceived collateral...
Paper Details
Title
Perceived problems with collateral: The value of informal networking
Published Date
Jan 1, 2020
Volume
65
Pages
32 - 45
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