Financial Support and Institutional Environment on Resource Actions by SMEs

Abstract

This study looked into the effect of public and private financial support on the resource actions implemented by European SMEs. The process of finding an answer to this relation, the database of Flash Eurobarometer 456, Kantar TNS Political & Social has been used. After a missing data analysis and scoping down the irrelevant cases, the dataset remained of 2719 valid cases. The theorised relations were tested through a multiple regression analysis. The results showed that public, as well as private financial support, positively increase the implemented resource actions by SMEs. The theorised moderation effect of the institutional environment showed an insignificant result on the direct relations.