Monetary access and survival of small and medium-sized enterprises in South Africa post-COVID-19 era
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Author(s)Thabiso Sthembiso MsomiLink to ORCID Index: https://orcid.org/0000-0003-3941-6815
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Nontokozo Grace NgcoboLink to ORCID Index: https://orcid.org/0000-0002-2300-9177
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DOIhttp://dx.doi.org/10.21511/ppm.21(3).2023.28
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Article InfoVolume 21 2023, Issue #3, pp. 351-360
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- 240 Views
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89 Downloads
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Creative Commons Attribution 4.0 International License
The COVID-19 pandemic has posed significant challenges to the survival of small and medium-sized enterprises (SMEs) in South Africa, particularly in accessing necessary funding for their daily operations. This study aimed to assess the relationship between monetary access and survival of SMEs in South Africa in the post-COVID-19 era. Quantitative methods were employed to collect data from a sample of 321 SMEs in South Africa, selected through purposive technique. The collected data were analyzed using SPSS, with linear regression and Pearson’s correlation analysis determining the impact of independent factors on the dependent variable. The findings revealed a notable positive correlation between monetary access and the survival of SMEs in the post-COVID-19 era. Specifically, increased access to financial resources was associated with improved survival rates for SMEs. Furthermore, limited financial access hindered the range of services SMEs could provide and restricted their overall performance. These findings emphasize the critical importance of policymakers regularly evaluating and revising their policy actions to address the challenges SMEs face in accessing finances. By adopting effective measures to enhance monetary access for SMEs, policymakers can support their survival and enable them to thrive in the post-COVID-19 era. Finally, this study underscores the significance of monetary access for SMEs’ survival in South Africa following the COVID-19 pandemic. It highlights the need for policy interventions that alleviate SMEs’ difficulties in obtaining funding, enabling them to contribute significantly to economic growth and development.
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JEL Classification (Paper profile tab)G32, L25, O16
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References30
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Tables5
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Figures0
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- Table 1. Exploratory factor analysis
- Table 2. Rule of thumb on the strength of association
- Table 3. Monetary access as a predictor of SMEs survival post-COVID-19 pandemic
- Table 4. Pearson’s association on the relationship between monetary access and survival of SMEs post-COVID-19 era
- Table 5. Regression analysis on monetary access as a predictor of SMEs survival
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COVID-19 and domestic trade in Bulgaria
Lyubomir Todorov
doi: http://dx.doi.org/10.21511/ppm.20(4).2022.09
Problems and Perspectives in Management Volume 20, 2022 Issue #4 pp. 111-126 Views: 272 Downloads: 56 TO CITE АНОТАЦІЯDomestic trade is an essential contributor to economic growth and an indicator of the people’s welfare. It is vulnerable to the COVID-19 crisis due to the pandemic itself and the government’s measures against it. An accurate estimation of the pandemic influence on domestic trade is needed for effective economic intervention in support of the economic recovery and improvement of the well-being of the population. The aim of this paper is to estimate the magnitude and timing of the COVID-19 impact on domestic trade in Bulgaria. The data used in the study covered the period 2000–2020 with monthly data for the indicator “Turnover for wholesale and retail trade and repair of motor vehicles and motorcycles in Bulgaria.” This paper employed unit root tests, autocorrelation function analysis, building, estimating, forecasting ARIMA and ARCH models, and intervention analysis. The results revealed that Bulgarian domestic trade followed the difference-stationary process as unit root tests failed to reject the random walk hypothesis. The COVID-19 impact on domestic trade proved to be long-lasting and has permanently decreased its level since March 2020. The timing of the impact coincided with the government’s measures against the pandemic. The drop in the volume of domestic trade was substantial and estimated at 19.3%. Following the nature of domestic trade, determined and decisive intervention is necessary if the Bulgarian government seeks to expand domestic demand and successfully procure economic recovery.
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Unveiling the drivers of digital governance adoption in public administration
Panagiota Xanthopoulou 
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Ioannis Antoniadis ,
Giorgos Avlogiaris
doi: http://dx.doi.org/10.21511/ppm.21(4).2023.35
Problems and Perspectives in Management Volume 21, 2023 Issue #4 pp. 454-467 Views: 225 Downloads: 51 TO CITE АНОТАЦІЯThe purpose of this paper is to investigate the factors, both internal and external, that impact the adoption of digital governance in public administration. The quantitative data were collected through online questionnaires from 556 public servants, all of whom were enrolled in a Master of Public Administration program, representing a variety of public organizations, in a non-random way. The study draws from a comprehensive literature review and leverages structural equation modeling (SEM) analysis to derive empirical insights. The empirical analysis revealed positive relationships between digital governance, service quality, safety, trust, and transparency within public services. Contrary to previous results, internal factors such as leadership, organizational culture, and skillsets do not exhibit significant impacts. Overall, the study supports the idea that improving the quality of digital services and embracing innovative technologies are key drivers of digital governance in public administration, leading to increased transparency and public trust. These findings can guide policymakers and administrators in implementing effective digital governance strategies tailored to the specific context of each public organization.
