HOW THE IMPACT OF FINANCIAL PERFORMANCE OF SMEs ON BANK CREDIT ACCESS DIFFER DEPENDING ON EXECUTIVE-LEVEL CHARACTERISTICS?

Financial performance of SMEs (small and medium-sized enterprises) plays a crucial role in bank credit access of these enterprises and the economies of countries where they operate. However, firm’ executives' Resource-based View (RBV) characteristics can differently affect financial performance of SMEs that they manage, therefore, credit access of SMEs can differ. In this regard, this paper purposes to analyze whether the impact of financial performance on bank access to finance differs depending on executives’ educational status, gender and sectoral experience or not. In line with this aim, this research collects data from 479 randomly selected respondents by directing an online questionnaire. After that, the research data is analyzed by employing a Binary Logistic Regression Test. According to the results, the impact of financial performance on credit access differs depending on gender and sectoral experience of firms’ executives. However, educational status of firm executives does not play any role in the impact of financial performance on access to finance.