IJMBR

Journal Information

Print ISSN 2228-7019
Online ISSN 2228-7027

Frequency: 4 Issues/Year

Publisher

    An official journal of the Islamic Azad University (IAU)


Impact of Financial Antecedents on Financial Performance of SMEs in Chittoor District, Andhra Pradesh

Yadavalli. Srinivasarao, Dr.N. Giri Babu, Dr.T. Narayana Reddy, Dr. Srinivasa Rao Bandaru


Abstract:

Small and Medium Enterprises (SMEs) assume a crucial part in any economy as they are equipped for creating job opportunities, advancing the development of Gross Domestic Product (GDP), leaving on advancements and invigorating of other economic exercises. The investigation is to look at the effect on the financial performance of SMEs in the district of Chittoor, Andhra Pradesh, of different financial factors. The research designed is based on a survey methodology using a sample of selected SMEs in Chittoor district. 66 SMEs were taken as a sample from the over-all populace of 207 SMEs. This paper was used non-parametric Pearsons Chi-Square test and Pearsons correlation tool towards test the hypothesized relationships. The aftereffects of the nonparametric test expose that the financial factors and the financial performance of SMEs are statistically implication. The examination firmly prescribes more noteworthy adherence to financial management rehearses, policymakers, improvement accomplices, SME proprietors, and managers may utilize these findings in Andhra Pradesh to build up their business.

Keywords: Economy, GDP, SMEs, Financial Factors, and Financial Performance

Volume: 9 | Issue: 3

Pages: 08-15

Paper ID : 190027

Issue Date: August , 2019

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