Sghaier A, Kraima MT and Mighri Z
Most entrepreneurs are subject to the influence of their relational capital and the inherent dynamics of social relationship for the access to the financing of their business. The current research investigates the role of the entrepreneur’s social capital in the financing of SMES businesses in the South-western region of Tunisia. It aims at answering the following questions: The extent to which the social capital has the explanations of existing differences between a company indebted and a business not in debt?
A conceptual framework was developed for this purpose to state the various hypotheses of the research. These hypotheses were then tested on a sample of 50 entrepreneurs in the South-western region of Tunisia. Results indicate at first a positive influence of the social capital on access to financial resources. In addition, in investigating the impact of social capital on the financial structure of the businesses, results show a positive effect of social capital on the financial structure of the businesses along with the identification of two typologies of enterprises: enterprises in debts and enterprises not involved in debts.
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