Effects of financial inclusion of small and medium-sized enterprises on financial stability: evidence from selected sub-Saharan African countries

Effects of financial inclusion of small and medium-sized enterprises on financial stability: evidence from selected sub-Saharan African countries

Abstract This study investigates the impact of SME financial inclusion on financial stability in 11 sub-Saharan African countries from 2005 to 2019. Using fixed effects estimation with Driscoll and Kraay standard errors and a fixed effect panel quantile regression model, the findings align with the...

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Bibliographic Details
Main Authors: Moeti Damane, Sin Yu Ho
Format: Article
Language:English
Published: SpringerOpen 2025-07-01
Series:Journal of Innovation and Entrepreneurship
Subjects:
Sub-Saharan Africa
Financial inclusion
Financial stability
Small and medium-sized enterprises
Fixed effect model
Quantile regression
Online Access:https://doi.org/10.1186/s13731-025-00526-4
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https://doi.org/10.1186/s13731-025-00526-4

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