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

[img]
Preview
Text
TheRealityofFinancingSmallTourismFirms-TheCaseofIndianTourismSMEs-2020 (1).pdf - Accepted Version

Download (925kB)

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
Identification Number: https://doi.org/10.4018/IJCRMM.2020010105
Dates:
DateEvent
5 January 2020Accepted
31 March 2020Published Online
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
Divisions: Faculty of Business, Law and Social Sciences > Birmingham City Business School > Department of Accounting, Finance and Economics
Depositing User: Javed Hussain
Date Deposited: 06 Jul 2020 13:55
Last Modified: 12 Jan 2022 14:19
URI: https://www.open-access.bcu.ac.uk/id/eprint/9423

Actions (login required)

View Item View Item

Research

In this section...