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Socially Responsible Investment, Internal Financing Sources and Access to Bank Financing: Evidence from Indian Survey Data

Author

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  • Amarjit Gill

    (Edwards School of Business, The University of Saskatchewan, 25 Campus Drive, Saskatoon, SK, S7N-5A7, Canada)

  • Harvinder S. Mand

    (Department of Commerce, University College, Benra (Dhuri), Sangrur, East Punjab, Pin Code 148024, India)

  • Afshin Amiraslany

    (Department of Finance and Management Science, Edwards School of Business, The University of Saskatchewan, 25 Campus Drive, Saskatoon, SK, S7N-5A7, Canada)

  • Neil Mathur

    (College of Management & Technology, Walden University, 100 Washington Avenue South Minneapolis, MN, USA 55401)

Abstract

We investigated the association between socially responsible investment, internal financing sources, and access to bank financing in the production industry of India. Using a survey research design, owners of small production firms were asked about their perceptions regarding socially responsible investment, internal financing sources, and access to bank financing. We found that socially responsible investment and internal financing sources help owners of small production firms improve access to bank financing. This study contributes to the literature on the relationship between socially responsible investment, internal financing sources, and access to bank financing. The findings may be useful for financial managers, production firm owners, investors, consultants, and other stakeholders.

Suggested Citation

  • Amarjit Gill & Harvinder S. Mand & Afshin Amiraslany & Neil Mathur, 2017. "Socially Responsible Investment, Internal Financing Sources and Access to Bank Financing: Evidence from Indian Survey Data," Asian Academy of Management Journal of Accounting and Finance (AAMJAF), Penerbit Universiti Sains Malaysia, vol. 13(2), pages 109-133.
    • Handle: RePEc:usm:journl:aamjaf01302_109-133
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    References listed on IDEAS

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    1. Amarjit Gill & Harvinder S. Mand & Afshin Amiraslany & John D. Obradovich, 2019. "The Impact of Internal Financing Sources and Bank Financing on Information Technology Investment," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 18(1), pages 1-16, June.

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