Overview
- Specifically focuses on developing countries
- Provides a good overview of MSME development and their unique characteristics
- Demonstrates how MSMEs contribute to economic growth
- Explores the challenges MSMEs face in their development
- Provides readers with a good understanding of the financial issues confronting MSMEs
- Applies traditional tools of finance in a developing country context
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Table of contents (15 chapters)
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Front Matter
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The Entrepreneurial Setting
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Front Matter
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The Financial Environment and Finance Providers
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Front Matter
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Financial Performance and Planning
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Front Matter
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Financing Choice and Harvesting
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Front Matter
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Keywords
- MSMEs
- Micro Enterprises
- Small Enterprises
- Medium Enterprises
- SMEs
- Venture Capital
- Financial planning
- Working Capital Management
- Financing MSMEs
- Access to finance
- MFIs
- Microfinance Institutions
- Financial Statement Analysis
- Entrepreneurship
- Capital investment
- New venture valuation model
- Investment harvesting
About this book
This book provides a framework for understanding micro, small and medium sized enterprises (MSMEs) as important contributors to economic growth. By examining the economic and investment decisions behind these businesses, the author shows how managers of MSMEs can add value to the firm by applying managerial finance tools. Early chapters establish the basic tenets of new venture development and financing and explore the economic environment that business-owners inhabit, focusing on venture capital, microfinance intervention, and public sector interventions. Later chapters guide the reader through the process of financial planning and forecasting, and valuation, finishing with insights into how to harvest investments and make sound financial decisions. The book has interdisciplinary appeal and offers a timely consideration of MSMEs in developing economies. It will be valuable reading for all interested in the management and development of small businesses, the finance of entrepreneurship and policy affecting small and medium sized enterprises.
Authors and Affiliations
About the author
Joshua Yindenaba Abor is a Professor of Finance and the Dean at the University of Ghana Business School. He is a researcher with the African Economic Research Consortium. Joshua is a Visiting Professor of Development Finance at the UCT Graduate School of Business, University of Cape Town, South Africa, and has also held Visiting Scholar positions at the IMF, Washington DC, USA.
Bibliographic Information
Book Title: Entrepreneurial Finance for MSMEs
Book Subtitle: A Managerial Approach for Developing Markets
Authors: Joshua Yindenaba Abor
DOI: https://doi.org/10.1007/978-3-319-34021-0
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017
Softcover ISBN: 978-3-319-34020-3Published: 18 November 2016
eBook ISBN: 978-3-319-34021-0Published: 02 November 2016
Edition Number: 1
Number of Pages: XVIII, 444
Number of Illustrations: 52 b/w illustrations
Topics: Corporate Finance, Business Finance, Small Business, Start-Ups/Venture Capital, Business Strategy/Leadership