Does the Financial Performance Matter in Accessing to Finance for Libya’s SMEs?

  •  Tarek Zarook    
  •  Mohammad Mafizur Rahman    
  •  Rasheda Khanam    


This study investigates the impact of financial performance of small and medium-sized enterprises (SMEs) on access to finance in Libya. The study is based on the primary data of 557 survey questionnaires on SMEs in various sectors of different regions of Libya. The data analysis contains the computation of descriptive statistics, correlation statistics and multivariate regression analysis. Our results confirm that financial performance expressed by liability to assets ratios, profit, return of assets have no significant effects on access to finance in Libya.

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