Demand-side Survey to Establish a Practical Strategy on Developing an Efficient Capital Market in the Solomon Islands
1.
Do you agree to participate in this study?
Yes
No
Respondent Profile
2.
Position of respondent in the enterprise/or place of work
3.
Gender of Respondent
Male
Female
4.
Age of respondent
Under 18
18-24
25-34
35-44
45-54
55-64
65+
5.
How many years of work experience in this sector does the respondent have?
6.
What is the highest level of general education of the respondent?
No formal schooling
Primary
Secondary
Tertiary
7.
Do you have any formal vocational training?
Yes
No
Not sure
Access to Financial Capital
Note: Financial Capital in this case refers to the amount of money needed to start a business or money needed for further expansion of a current business
8.
Do you have access to financial Capital?
Yes
No
9.
On a scale of one (1) to five (5) with five (5) indicating having more access to Financial Capital, how would you rate your access to capital finance
1. Have no access to financial capital
1 star
2. Have limited access to financial capital
2 stars
3. Have adequate access to financial capital
3 stars
4. Have Sufficient access to financial capital
4 stars
5. Have more access to financial capital
5 stars
10.
What is the main obstacle that hinders you to access capital finance from banks or other financial institutions that provides financial capital?
My creditworthiness
Inadequate collateral security
Bank credit standards are too high
Bank lending procedures are very strict
Part B: Capital Market
11.
Do you know what the capital market is?
Yes
No
12.
Do you think it is time for the Solomon Islands should establish its capital market to assist entrepreneurs with capital for business start-ups and access to additional funds for business expansion?
Yes
No
13.
What types of capital market instruments are you aware of?
Equities
Debt Securities
Derivatives
Exchange-Traded Funds
Foreign Exchange Instrument
14.
Do you have any experience in participating in a capital market?
Yes
No
15.
If there is a capital market in the country, would you participate in the capital market either as a saver or borrower?
Yes
No
Unsure
16.
Are you a business owner or entrepreneur? (☐ Yes, ☐ No.) If your answer is YES, please answer the following questions. If NO, please proceed to question 19.
Yes
No
17.
Are you willing to participate in the capital market?
Yes
No
18.
In what way would you participate?
Investor
Borrower
Both Investor & Borrower
Stockbroker
19.
If there is a capital market established in the Solomon Islands, what type of instrument are you likely to invest in?
Equities
Debt securities
Derivatives
Exchange traded funds
Foreign exchange instrument
20.
What do you think would be the biggest hold-back in the growth of the capital market in the Solomon Islands?
Borrowers’ and lenders’ uncertainty
Economic Base of Solomon Islands
Lack of Legal and institutional framework
Low and slow financial sector development
Financial illiteracy
21.
What would be the best approach to take if we are to establish a capital market.
Allow foreign companies to establish and operate a capital market here in the Solomon Islands
Establish a domestically owned Capital Market and allow a foreign investor to establish a stock company in the Solomon Islands
Establish a locally owned capital market and stockbroker.
Other (please explain)
22.
At the initial establishment, what policy measures do you think should be employed to ensure a smooth transition of the capital market into full operation.
Target Market Approach - Start with a feasible sector (e.g. Fisheries, agriculture…etc) and slowly diversify to other sectors as and when see fit.
Open-Market approach – open for any feasible entrepreneur regardless of which sector they operate in
23.
If you are to invest in a capital market, would you like to choose the sector you wish to invest in yourself or your investment decision made on your behalf by an investment broker.
Choose the sector I wish to invest in myself
Allow the broker to decide for me
Thank you very much for completing the survey questionnaires.
Your participation in this survey is highly commended.
