Paper Title :Financial Management in Mauritian SMES

Author :Akshay Seedoyal, Bhavish Jugurnath, Hema Soondram, Hisha Ramessur

Article Citation :Akshay Seedoyal ,Bhavish Jugurnath ,Hema Soondram ,Hisha Ramessur , (2017 ) " Financial Management in Mauritian SMES " , International Journal of Management and Applied Science (IJMAS) , pp. 68-72, Volume-3,Issue-7

Abstract : Using online and postal complemented by self-administered questionnaires, primary data were gathered from 96 SMEs in Mauritius to assess the financial management of SMEs in Mauritius. The study reveals that 44.8% of entrepreneurs had poor financial management knowledge, the result of which they faced difficulties managing their business and their activities were very disturbed. A relationship was also established between financial management and financial data such as turnover, age of SME owners and its costs. This study is original in the sense that it focusses wholly on the financial management of entrepreneurs in Mauritius and acts as policy decision for policy makers and SMEs. Index Terms- Financial Management, Mauritius, SMEs, Techniques.

Type : Research paper

Published : Volume-3,Issue-7

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