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The Impact of Various Economic Factors in accessing Finance within the Business Sector: Cases from UK Financial Services Companies

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  • Saghir, Marouan
  • Aston, John

Abstract

This paper investigates the impact of various economic factors such as inflation, interest rate, financial crises, and government regulations on the access to finance in the business sector specifically considering the financial experts' perspective operating in the UK financial services companies. The study examines the relationship between variables of interest in post recession period. Total five out of top fifty British Financial Services' Companies were selected through convenience sampling. Additionally, 38 respondents were selected through purposive sampling, based on their knowledge, level of management, and experiences in the sector. The findings showed that interest rate, government regulations, and financial crises have significant relationship in accessing financial resource. Interestingly, 83% remain neutral about the relationship between inflation and raising funds.

Suggested Citation

  • Saghir, Marouan & Aston, John, 2017. "The Impact of Various Economic Factors in accessing Finance within the Business Sector: Cases from UK Financial Services Companies," MPRA Paper 84052, University Library of Munich, Germany, revised 20 May 2017.
    • Handle: RePEc:pra:mprapa:84052
    as

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    References listed on IDEAS

    as
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    8. World Bank, 2008. "Finance for All? Policies and Pitfalls in Expanding Access," World Bank Publications - Books, The World Bank Group, number 6905, December.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Inflation; interest rate; government regulation; financial crises; economic factors;
    All these keywords.

    JEL classification:

    • D0 - Microeconomics - - General
    • D04 - Microeconomics - - General - - - Microeconomic Policy: Formulation; Implementation; Evaluation
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • E69 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Other
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • F38 - International Economics - - International Finance - - - International Financial Policy: Financial Transactions Tax; Capital Controls
    • F68 - International Economics - - Economic Impacts of Globalization - - - Policy

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