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This paper examines the value effect of inventory investment on profitability for a large sample of UK SMEs over a ten … access to finance. Inventory investment relationship to profitability is negative for both financially constrained and … unconstrained SMEs. However, the negative effect of inventory investment on profitability is more sever in financially constrained …
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This study examines the relationship between capital structure and the profitability of non-financial SMEs in the UK … capital structure and profitability which is negatively related. The size of the firm appears a more important factor that … determines the profitability in SMEs in the UK. There is consistent evidence for positive size-profitability relationship. The …
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