… The model applied in this study was weak in explaining the effect of sources of finance on
financial performance. It explained only 17% of the variance. To improve this in the future it …

… is to determine the effect of sources of business financing on the financial performance of
Small … , the study sought to determine the effect of commercial loan-financing on the financial …

… funds and business angels. This research was based on acquisition of self-selected, subjective
answers about the financial and non-financial performance of … of finance performance: • …

… managers should endeavour to minimize on the use of common stock as a source of
business financing due to its negative effects on shareholder income on their investments. …

… rely on banks for major source of financing, though the … the impact of bank financing on the
financial performance in Kenya are limited. Nondi and Achoki (2006), in a survey of financial …

… financing in promoting SACCO activities. The general objective of this study was to assess
the effect of external financing on the financial performance of … sources of financing. External …

… This paper contributes to the literature on capital structure and firm performance. Using firm-…
, we address the effect of different sources of financing on corporate performance, employing …

… ; does the financing mix affect the financial performance of a firm? What effect does increase
in … Debt financing comprises of main sources of external funding for most business firms. It …

… financing has not gained acceptance as a source of finance. … equity finance had a positive
relationship to financial performance … the effect of equity financing on financial performance of …

… However, this research dealt only with sources of capital for SMEs. The current study
went further and sought the effect of financing options on financial performance of SMEs. …