IDEAS home Printed from https://ideas.repec.org/a/wsi/jdexxx/v14y2009i03ns1084946709001284.html
   My bibliography  Save this article

Financial Intermingling In Korean-American And Mexican-American Small Businesses

Author

Listed:
  • GEORGE W. HAYNES

    (Department of Health and Human Development, 205B Herrick Hall, Montana State University, Bozeman, MT 59717, USA)

  • JOSEPH I. ONOCHIE

    (Department of Economics and Finance, Box B 10-225, Zicklin School of Business, Baruch College, C.U.N.Y., One Bernard Baruch Way, New York, NY 10010, USA)

  • MYUNG-SOO LEE

    (Department of Marketing, Zicklin School of Business, Baruch College, C.U.N.Y., One Bernard Baruch Way, New York, NY 10010, USA)

  • AlVIN N. PURYEAR

    (Department of Management, Zicklin School of Business, Baruch College, C.U.N.Y., One Bernard Baruch Way, New York, NY 10010, USA)

  • EDWARD G. ROGOFF

    (Department of Management, Zicklin School of Business, Baruch College, C.U.N.Y., One Bernard Baruch Way, New York, NY 10010, USA)

  • RAMONA K. Z. HECK

    (Department of Management, Zicklin School of Business, Baruch College, C.U.N.Y., One Bernard Baruch Way, New York, NY 10010, USA)

Abstract

This study explores the financial intermingling behavior of Mexican-American and Korean-American owned and operated small businesses. It posits that ethnically-owned and -operated small businesses with strong familial ties and more limited access to financial capital are more likely to intermingle financial resources than other small businesses. Mexican-American small business owners typically have very strong familial ties, while Korean-American small business owners typically have very strong community ties. Perhaps more importantly, Mexican-American small business owners have less access to pools of community capital than Korean-American small business owners. Therefore, it is expected that Mexican-American small business owners are more likely to intermingle financial resources than Korean-American small business owners. Even when controlling for the time in United States and English language spoken in the household, this study suggests Mexican-American small business owners are more likely to intermingle financial resources than Korean-American small business owners. Within these two ethnic groups, similar factors contribute to intermingling. Small business owners living in rural areas and borrowers are more likely to intermingle financial resources for both ethnic groups.

Suggested Citation

  • GEORGE W. HAYNES & JOSEPH I. ONOCHIE & MYUNG-SOO LEE & AlVIN N. PURYEAR & EDWARD G. ROGOFF & RAMONA K. Z. HECK, 2009. "Financial Intermingling In Korean-American And Mexican-American Small Businesses," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 14(03), pages 297-310.
    • Handle: RePEc:wsi:jdexxx:v:14:y:2009:i:03:n:s1084946709001284
    DOI: 10.1142/S1084946709001284
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S1084946709001284
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S1084946709001284?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Renee D. Wiatt & Yoon G. Lee & Maria I. Marshall & Virginia S. Zuiker, 2021. "The Effect of Cash Flow Problems and Resource Intermingling on Small Business Recovery and Resilience After a Natural Disaster," Journal of Family and Economic Issues, Springer, vol. 42(1), pages 203-214, March.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    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:wsi:jdexxx:v:14:y:2009:i:03:n:s1084946709001284. 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: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/jde/jde.shtml .

    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.