(International Journal of Social Science Research and Review, 2024-01-19) Msomi, Thabiso Sthembiso; Matemane, Reon; Zungu, Sphesihle Charles; Campbell, Thomas
Aim: This research aimed to assess the relationship between debtors’ management practices and
the resilience of small and medium-sized enterprises in South Africa. Methods: Employing a quantitative
research design, the study employed purposive sampling to select a cohort of 110 SME owners operating
in Durban, South Africa. 94% response rate was achieved, yielding 103 valid responses. Results: The
results of the analysis unveiled a statistically significant positive correlation between effective debt
management and the resilience of SMEs. This empirical evidence signifies that proficient debtors'
management plays a pivotal role in enhancing the resilience of SMEs operating in South Africa.
Contribution: This study contributes to the growing body of knowledge by affirming the positive
influence of debtors' management on the resilience of SMEs in South Africa. Drawing on the findings of
this study, government agencies and industry associations should collaborate to develop supportive
initiatives and policies that aid SMEs in optimizing their debt management strategies.
