FINANCIAL STATEMENT UTILIZATION DURING DECISION MAKING PROCESS IN SMEs: A COMPARATIVE STUDY ON EUROPEAN AND TURKISH MANAGERS
Abstract
This study examines financial information requirement for decision making
in small and medium sized enterprises. 131 SME managers’ responses were
collected from Turkey and 8 different European countries. According to both
Turkish and European managers, financial statements are mostly important to
foresee the probable liquidity and financial crisis. And they find experience more
important than financial statement data. A comparative analysis of Turkish and
European SME managers is stated. Small and medium sized enterprises can use the
information from this study to better understand their decision making process and
importance of financial statement data. As a result SME chambers can use the
information to provide better advice to members.
Keywords
References
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FINANCIAL STATEMENT UTILIZATION DURING DECISION MAKING PROCESS IN SMEs: A COMPARATIVE STUDY ON EUROPEAN AND TURKISH MANAGERS
Abstract
-
Keywords
References
- -
Details
| Primary Language | English |
|---|---|
| Journal Section | Makaleler |
| Authors | |
| Publication Date | March 11, 2015 |
| Submission Date | March 4, 2014 |
| Published in Issue | Year 2010 Volume: 28 Issue: 1 |
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Marmara University Journal of Economic and Administrative Sciences is licensed under Attribution-NonCommercial 4.0 International
