Katarína Belanová
University of Economics in Bratislava, 1 Dolnozemská Street, 852 35 Bratislava, Slovakia
DOI: https://doi.org/10.31410/EMAN.2019.71
3rd International Scientific Conference – EMAN 2019 – Economics and Management: How to Cope With Disrupted Times, Ljubljana – Slovenia, March 28, 2019, CONFERENCE PROCEEDINGS published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia; Faculty of Management Koper, Slovenia; Doba Business School – Maribor, Slovenia; Integrated Business Faculty – Skopje, Macedonia; Faculty of Management – Zajecar, Serbia, ISBN 978-86-80194-17-2, ISSN 2683-4510
Abstract:
Small and medium-sized enterprises are a key segment of the business sector in Slovakia, as well as the backbone of the economy and the basis for the country’s competitiveness. A favorable business environment and the provision of appropriate forms of support is an important prerequisite
for the successful development of small and medium-sized enterprises because they usually have limited financial sources and significantly higher sensitivity to the existence of different barriers in business compared to large enterprises. Under the conditions of Slovakia, a number of support measures have been implemented, which direct or indirect aim is to support small and medium-sized enterprises. The aim of the article is to evaluate support programmes for SMEs in the SR and to propose measures to improve the support system.
Keywords:
Small and medium – sized enterprises, public support programmes, bank loans
REFERENCES
[1] SBA. (2018). State of Small and Medium Enterprises 2017. https://www.sbagency.sk/en/ slovak-business-agency
[2] Berry, A., Grant, P., Jarvis, R. (2004). European Bank Lending to the UK SME Sector, An Investigation of Approaches Adopted. In International Small Business Journal, Vol. 22, No. 2, pp.115 – 130.
[3] Cressy, R., Olofsson, Ch. (1997). European SME Financing. In Small Business Economics, 2, pp. 87 – 96.
[4] Berger, A., Udell, G. (1995). Relationship Lending and Lines of Credit in Small Firm Finance. In Journal of Business, 3, pp. 351 – 382.
[5] Berger, N. A., Udell, F. G. (2002). Small Business credit Availability and Relationship lending. The importance of Bank organisational Structure. In The Economic Journal, Vol. 112, Issue 477, pp. F32-F53.
[6] Dierkes, M. et al. (2013). Business credit information sparing and default risk of private firms. In Journal of Banking & Finance, Vo. 37, pp. 2867-2878.
[7] Machauer, A., Weber, M. (2000). Number of bank relationships: An indicator of competition, borrower quality, or just size? CFS Working Paper, No. 2000/06.
[8] Degryse, H., Van Cayseele, P. (2000). Relationship lending within a Bank-based system: Evidence from European small business data. Center of Economic Studies, Discussion Paper Series DPS 98.16.
[9] Pervan, I., Kuvek, T. (2013). The relevant Importance of Financial Ratios and Nonfinancial variables in Predicting of Insolvency. In Croatian Operational research review, No. 4, pp. 187-197.
[10] SBA (2018). Analýza efektívnosti podpory podnikania. www.sbagency.sk
[11] EK (2017a). Survey on the access to finance of enterprise. www.ec.europa.eu
[12] EK (2017b). Businesses’ attitudes towards corruption in the EU. www.ec.europa.eu
[13] SBA and Crystal Ball (2018). Postoje MSP k využívaniu podporných nástrojov.
[14] www.sbagency.sk