Williams, Densil A; K'nIfe, K'adamawe A.
Author Affiliation, Ana.
Correlates of Gender and Credit Behaviour in Small Firms: Evidence from Small, Developing Economies
Date of Publication
This paper analysed some baseline facts relating to gender and entrepreneurs hip, specifically the credit behaviour of small, locally- owned Jamaican firms. A better understanding of what factors influence the entrepreneurial activities of women relative to men is of importance to policymakers, investors and researchers alike. This study used uni-variate statistical technique to analyse the differences between male and female-owned firms. The results from the analysis revealed that when compared to maleowned firms, female-owned firms have principals that are less educated, have less work experience, the firm size is much smaller, the firms are much younger, the firms are more likely to be organised as proprietorship or partnership, they are less likely to borrow from a bank and more likely to use own savings to finance business growth and start-up. The implications of the findings for policymakers, regulators, investors and researchers are outlined in the paper.....