IDEAS home Printed from https://ideas.repec.org/a/ids/ajaafi/v9y2025i1p1-17.html
   My bibliography  Save this article

Impact of financial accessibility on small and medium-size enterprises' success: Wa Township of the Republic of Ghana

Author

Listed:
  • Alhassan Ismail
  • Kunjal Sinha

Abstract

The impact of financial accessibility on the success of SMEs in Wa Township, Ghana, was investigated in this study employing determiners such as guarantee requirements, zero-interest levies, tax exemptions, and start-up incentives. A fixed-format questionnaire was used to select 411 SMEs randomly for the survey. SPSS was leveraged to analyse the results via descriptive and confirmatory statistical means. Correlation and regression techniques aided in determining whether accessibility to funding significantly drives SMEs' success. The correlation analysis shows that each of the determinants significantly impacted SMEs' thrives. The regression analysis also reveals funding accessibility as a critical determinant influencing SMEs' success (R2 = 0.074, Prob > F = 0.000). Collateral requirement explained the largest portion (12.5%) of the difference in SMEs' success (F = 4.954, p = 0.004). Hence, support for SMEs in the municipality to enhance financial access should not require collateral.

Suggested Citation

  • Alhassan Ismail & Kunjal Sinha, 2025. "Impact of financial accessibility on small and medium-size enterprises' success: Wa Township of the Republic of Ghana," African Journal of Accounting, Auditing and Finance, Inderscience Enterprises Ltd, vol. 9(1), pages 1-17.
    • Handle: RePEc:ids:ajaafi:v:9:y:2025:i:1:p:1-17
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=143554
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ajaafi:v:9:y:2025:i:1:p:1-17. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=383 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.