The Reality of Financing Small Tourism Firms: The Case of Indian Tourism SMEs
Hussain, Javed G. and Sandhu, Navjot and Hatem, El-Gohary and Edwards, D.J. (2020) The Reality of Financing Small Tourism Firms: The Case of Indian Tourism SMEs. International Journal of Customer Relationship Marketing and Management, 11 (1). pp. 64-89. ISSN 1947-9247
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Abstract
mall tourist firms occupy an important place within the Indian tourism industry and make a significant contribution towards gross domestic production. This study investigates access to and finance preferences of SME tourism firms in the Punjab area, India. The study employed a post-positivist research approach depending on semi-structured questionnaires and interviews. The findings confirmed that tourism firms relied on pecking order trajectory, drawing capital from own savings, family and informal lenders, which is consistent with the literature. The study provides a unique insight into issues related to tourism firms and benchmarks findings with SME literature to identify the salient points.
| Item Type: | Article | ||||||
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| Identification Number: | https://doi.org/10.4018/IJCRMM.2020010105 | ||||||
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| Uncontrolled Keywords: | Entrepreneurial Finance, Finance, Financing Preferences, India, SMEs, STFs, Tourism, Tourism Small Businesses | ||||||
| Subjects: | CAH17 - business and management > CAH17-01 - business and management > CAH17-01-04 - management studies CAH17 - business and management > CAH17-01 - business and management > CAH17-01-07 - finance CAH17 - business and management > CAH17-01 - business and management > CAH17-01-06 - tourism, transport and travel |
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| Divisions: | Faculty of Business, Law and Social Sciences > College of Accountancy, Finance and Economics Faculty of Business, Law and Social Sciences > College of Business, Digital Transformation & Entrepreneurship |
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| Depositing User: | Javed Hussain | ||||||
| Date Deposited: | 06 Jul 2020 13:55 | ||||||
| Last Modified: | 20 Jun 2024 12:06 | ||||||
| URI: | https://www.open-access.bcu.ac.uk/id/eprint/9423 |
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