Record Details

The Case of Minority Small Business Owners: Empirical Evidence of Problems in Loan Financing

International Journal of Finance & Banking Studies

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Field Value
 
Title The Case of Minority Small Business Owners: Empirical Evidence of Problems in Loan Financing
 
Creator Bohdan, Roman
Tipton, Elizabeth
Kiefer, Dean
Djatej, Arsen
 
Subject —
—
 
Description This academic research explores the availability of loan financing to minority-owned businesses and examines a possible relation between the size of a loan and the characteristics of a business. It also investigates the possible impact of different characteristics quantifiable criteria on credit loan denial across different demographic groups.  Probit models are used evaluate the possible existence of racial or ethnic discrimination in the availability and approval of credit. Regression analysis is used to assess the impact that the race of a small business owner has on the relative size of a denied loan, the size of portioned credit, or the size of the company.  When other variables suspected of influencing credit approval and rationing are controlled,  Black-owned and Asian-owned businesses appear to be less likely to be approved for loans and more likely to experience significantly greater credit rationing than their white counterparts. 
 
Publisher SSBFNET
 
Contributor Credit
ethnicity
loans
racial discrimination
small businesses
 
Date 2014-07-15
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/325
 
Source International Journal of Finance & Banking Studies (ISSN: 2147- 4486); Vol 3, No 3 (2014): July; 1-13
2147-4486
 
Language eng
 
Relation http://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/325/297