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Factoring as a Form of Financing Small and Medium-Sized Enterprises in ASEAN

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  • Thi My Huong Do

Abstract

Small and medium-sized enterprises have increasingly played very important roles, particularly in developing open economies and the ASEAN economic community. One of the biggest factors that hinders the growth of these firms is their lack of fund and limited access to financial sources. This writing, firstly, aims to illustrate that factoring can prove to be a popular tendency in fanancing small and medium enterprises in ASEAN by showing its considerable growing rate over the last two decades. In the second part, using the OLS, the paper also measures and discusses the determinants of factoring development in three financial markets including Malaysia, Thailand, Singapore.

Suggested Citation

  • Thi My Huong Do, 2018. "Factoring as a Form of Financing Small and Medium-Sized Enterprises in ASEAN," Applied Economics and Finance, Redfame publishing, vol. 5(3), pages 59-64, May.
    • Handle: RePEc:rfa:aefjnl:v:5:y:2018:i:3:p:59-64
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    References listed on IDEAS

    as
    1. Beck, Thorsten & Demirguc-Kunt, Asli & Soledad Martinez Peria, Maria, 2008. "Bank Financing for SMEs around the World: Drivers, Obstacles, Business Models, and Lending Practices," Policy Research Working Paper Series 4785, The World Bank.
    2. Berger, Allen N. & Udell, Gregory F., 1990. "Collateral, loan quality and bank risk," Journal of Monetary Economics, Elsevier, vol. 25(1), pages 21-42, January.
    3. Klapper, Leora, 2006. "The role of factoring for financing small and medium enterprises," Journal of Banking & Finance, Elsevier, vol. 30(11), pages 3111-3130, November.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    factoring; financing; small and medium enterprises (SMEs); ASEAN;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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