IDEAS home Printed from https://ideas.repec.org/a/jaf/journl/v14y2023i1n620.html
   My bibliography  Save this article

Assets specificity and financing sources of manufacturing companies

Author

Listed:
  • Joseph Herman TIONA WAMBA

  • Thomas AMOUGOU OYONO

  • Frank Éric TCHANOU

Abstract

Purpose : This article aims to analyze the effects of holding specific assets on the choice of financing methods by Cameroonian manufacturing companies. \n Approach : An exploratory study made it possible to characterize the specific assets of the prospected entities. The verification of research hypotheses required a questionnaire administered to some industrial companies. The data collected was subjected to multiple linear regression analyses. \n Results: Reputation has a positive and significant impact on capital growth. On the other hand, human capital and R&D have a negative impact on debt financing, unlike outsourcing. \n Originality : The paper has the originality of examining the specificity of assets in the context of SME. It highlights the reality that assets specificity influence funding sources.

Suggested Citation

  • Joseph Herman TIONA WAMBA & Thomas AMOUGOU OYONO & Frank Éric TCHANOU, 2023. "Assets specificity and financing sources of manufacturing companies," Journal of Academic Finance, RED research unit, university of Gabes, Tunisia, vol. 14(1), pages 46-63, June.
    • Handle: RePEc:jaf:journl:v:14:y:2023:i:1:n:620
    as

    Download full text from publisher

    File URL: https://www.scientific-society.com/AF/article/view/620
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • N8 - Economic History - - Micro-Business History
    • G3 - Financial Economics - - Corporate Finance and Governance

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jaf:journl:v:14:y:2023:i:1:n:620. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oussama Quentin Kasseh (email available below). General contact details of provider: https://edirc.repec.org/data/urredtn.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.