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Source: Journal Citation ReportsTM from ClarivateTM 2022

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2021-05-15  |  Accepted: 2021-09-23  |  Published: 2021-12-30

Title

Entrepreneurs' opinion towards credit rating in Saudi Arabia


Abstract

This study aims to measure the entrepreneur's opinions towards their credit rating in Saudi Arabia. Credit rating plays a pivotal role in the financial market, especially its more significant impact on new startups from the micro and macro levels. On the other hand, the credit rating industry, in general, is in its infancy stage in the Saudi financial market. Therefore, a minor objective of this study is to present the problems and prospects of entrepreneurs towards their credit rating. The study has adopted the questionnaire from earlier research on credit rating. A sample of 210 respondents participated in this survey comprising entrepreneurs, business incubation managers, bankers, university professors, engineers, doctors, and other professionals. Descriptive statistics and Exploratory Factor Analyses were used to analyze the data. Findings show there are five essential factors affecting credit rating in Saudi Arabia, i.e., (1) Credibility, (2) Clarity, (3) Competence, (4) Communications, and (5) Customer Services. The research provides valuable insights into the credit rating business and recommends that CRAs in Saudi Arabia and elsewhere improve upon these five factors to strengthen their business.


Keywords

credit rating, entrepreneur, start-up, entrepreneurial finance, Saudi Arabia


JEL classifications

L26


URI

http://jssidoi.org/jesi/article/908


DOI


Pages

186-197


This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Siddiqui, Kamran Ahmed
Imam Abdulrahman Bin Faisal University, Dammam, Saudi Arabia https://www.iau.edu.sa
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Bajwa, Ishtiaq Ahmed
Imam Abdulrahman Bin Faisal University, Dammam, Saudi Arabia https://www.iau.edu.sa
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Al-Hudithi, Faisal
Imam Abdulrahman Bin Faisal University, Dammam, Saudi Arabia https://www.iau.edu.sa
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Eltayeb, Tarig
Imam Abdulrahman Bin Faisal University, Dammam, Saudi Arabia https://www.iau.edu.sa
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Khatoon, Asma
Imam Abdulrahman Bin Faisal University, Dammam, Saudi Arabia https://www.iau.edu.sa
Articles by this author in: CrossRef |  Google Scholar

Bawardi, Suliman
Imam Abdulrahman Bin Faisal University, Dammam, Saudi Arabia https://www.iau.edu.sa
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Journal title

Entrepreneurship and Sustainability Issues

Volume

9


Number

2


Issue date

December 2021


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 2271  |  PDF downloads: 921

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