NDA@SZTAKI

Financing SMEs – prospects in Hungary

Mester, Éva

TĂłth, RĂłbert

Szent István Egyetemi Kiadó Nonprofit Kft.

2015

HG3 Credit bank / hitelĂĽgy

After joining the EU, micro, small and medium enterprises came to the focus of attention in
Hun
gary for their grandiose role in both employment and producing added value. Due to their
flexibility, creativity and adaptability SMEs find new market opportunities easier. Also, SMEs
can find their way and seize appearing opportunities more quickly under
rapidly changing,
insecure and high
-
risk circumstances.
When analysing the sector, besides the investigation of the external environment, it is also
important to focus on internal factors. The success of businesses is not only influenced by their
access t
o financial resources, but also by their internal organisational structure and the standard
of their organisational culture. In the present phase of world economy, when transports are
delayed, credits are harder to obtain and companies downsize, leaders ha
ve to make careful and
considerate management and operational decisions. Thus financial decisions have considerable
short and long
-
term effects on the success of business operation.
This research paper aims at a comprehensive study of the present situatio
n of the Hungarian
SME sector, some of its financing opportunities, as well as factors that hinder its development.
Another purpose of the present writing is to lay the theoretical foundations for questionnaire
primary research exploring the financing char
acteristics of SMEs in Hungary.

magyar

Article

PeerReviewed

info:eu-repo/semantics/article

text

http://real.mtak.hu/38894/1/Studia_Mundi_Vol_2_No_2_11_Mest...

Mester, Éva and Tóth, Róbert (2015) Financing SMEs – prospects in Hungary. Studia Mundi – Economica, 2 (2). pp. 113-126. ISSN 2415-9395

http://real.mtak.hu/38894/

http://studia.mundi.gtk.szie.hu/

10.18531/Studia.Mundi.2015.02.02.113-126

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