DETERMINANTS OF FINANCE METHODS TO SUPPORT SME’S PROJECT IN SYRIA
Keywords:
Leasing finance, Bank financing, Trade credit, Government Financial assistance, Capital Market, SMEs, SyriaAbstract
The aim of this study is twofold purposes, the firs purpose is to analyse the relationship between Finance Methods; namely Leasing finance, Bank financing, Trade credit, Government Financial assistance, and Capital Market, on the dependent variables; namely Financing SMEs projects in Syria. In addition, the second purpose is to assess the moderation effect of accounting standards on the relationships between Leasing finance, Bank financing, Trade credit, Government Financial assistance, and Capital Market, with Financing SMEs projects in Syria. The findings revealed that the relationship between Leasing finance, Trade credit, Government Financial assistance, and Capital Market with Financing SMEs projects in Syria were found to be strong and significant, while the direct effect of Bank financing came out to be insignificant. Furthermore, findings revealed that the accounting standards moderates the relationship between Leasing finance, Trade credit, Government Financial assistance, and Capital Market with Financing SMEs projects in Syria positively and strongly, while it was found in this study that accounting standards do not moderate the relationship between bank financing and Financing SMEs projects in Syria. Further theoretical, managerial, and policy implications were discussed.