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Small and Medium Enterprises (SMEs) have lower internal resources and limited access to external finance. Extensive literature is available on the capital structure of corporate sector, the SME sector is relatively ignored. To bridge this gap, the study has considered the role of firm’s demographics in determining financing patterns of SMEs in the SAARC countries. Data is acquired form the enterprise survey conducted by World Bank and Seemingly Unrelated Regression is used for analysis. Results indicate that the industry, and location, play key role in determining financing patterns. Similarly, age and size are also important determinants of the financing patterns. Age is least important for financing of fixed asset financing patterns. Key Words: Working capital, fixed assets, demographics.

Asad Ullah, muhammad khushnood, Rao Aamir Khan. (2019) Demographics And Financing Patterns Of SMEs In SAARC Countries, Journal of Managerial Sciences, Volume 13, Issue 3.
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