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Determinants of the Capital Structure of Ghanaian Firms

"This study compares the capital structures of publicly quoted firms, large unquoted firms, and small and medium enterprises (SMEs) in Ghana. Using a panel regression model, the paper also examines the determinants of capital structure decisions a…

Financing SMEs in Botswana: Factors Influencing Access to Credit

This paper examined factors that influence access to credit by SMEs in Botswana. The results show that access to credit is influenced by gender, citizenship and experience of the manager, as well as firm-size, sector of business, sales and land own…

Sustainability Standards, SMEs and GVCs: Recommendations for the G20

Participation in global value chains (GVCs)2 by developing countries is limited but holds substantial growth prospects. South Africa and Kenya have the potential to steer regional integration opportunities and act as gateways to favourable investme…

Extent and Determinants of Women Participation in Agro-processing Small and Medium Enterprises (SMEs) in Dar es Salaam-Tanzania

The role of women in the promotion of agriculture and industrial development in Tanzania has recently become paramount. The existing studies on the role of women in agriculture sector have dominantly focused on challenges and opportunities and ignor…

Firm Performance, Trade Linkages, and the Growth of SMEs in Tanzania

The private sector and enterprises have a key role to play in the development of the Tanzanian economy. This Policy Brief provides insights and solutions that could offer business sectors the vital policy support that they need to develop and grow.

Performance of Small and Medium-sized Enterprises in Uganda: The Role of Innovation

Using the 2013 World Bank Enterprise Survey data for Uganda, this paper employs the quintile estimation technique to explain the relationship between innovation and firm performance in small and medium-sized enterprises (SMEs). Innovation involves t…

Partnership for Inclusive Growth: Can Linkages with Large Firms spur the Growth of SMEs in Tanzania?

A recent strand of literature on small and medium enterprise (SME) development identifies linkages with large firms as some of the enablers of development and competitiveness. However, there is a dearth of empirical studies on the topic. In this stu…

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