scholarly journals Business Eco System and Micro, Small and Medium Enterprises (MSMES) Performance in Nigeria

2018 ◽  
Vol 6 (1) ◽  
pp. 76-86
Author(s):  
Moruff Sanjo Oladimeji ◽  
Benneth Uchenna Eze ◽  
Kazeem Adeyinka Akanni
Keyword(s):  
Pilot Study ◽  
Financial Performance ◽  
Survey Research ◽  
Small And Medium Enterprises ◽  
Least Square ◽  
Collaborative Network ◽  
Chief Executives ◽  
Ordinary Least Square ◽  
Business Ecosystem ◽  
Medium Enterprises

Abstract Firms are adopting collaborative network, which allow group of enterprises to enhance their performance and competitiveness. This study examines the effect of business ecosystem on MSMEs financial and non financial performance. The study employed survey research design, through the administration of structured questionnaires to 400 chief executives of MSMEs in Lagos, Anambra and Kano. The research instrument was validated by some academics and practitioners. A pilot study was conducted to ascertain the reliability of the instrument, by distributing the questionnaire to chief executives of 10 MSMEs twice within an interval of 14 days and the correlation of the first and the second study gave a Cronbach alpha of 0.84, which indicated that the instrument is highly reliable. Hypotheses were formulated and ordinary least square was employed to estimate the model with the aid of STATA version 14. Findings revealed that business eco system have positive and significant effect on MSMEs financial and non-financial performance. Therefore, it is recommended that MSMEs should consider their business eco system towards the enhancement of their financial and non financial performance.

scholarly journals BUSINESS ECO SYSTEM AND MICRO, SMALL AND MEDIUM ENTERPRISES (MSMES) PERFORMANCE IN NIGERIA

2018 ◽  
Vol 6 (1) ◽  
Author(s):  
Moruff Sanjo OLADIMEJI ◽  
Benneth Uchenna EZE ◽  
Kazeem Adeyinka AKANNI
Keyword(s):  
Pilot Study ◽  
Financial Performance ◽  
Survey Research ◽  
Small And Medium Enterprises ◽  
Least Square ◽  
Collaborative Network ◽  
Chief Executives ◽  
Ordinary Least Square ◽  
Business Ecosystem ◽  
Medium Enterprises

Firms are adopting collaborative network, which allow group of enterprises to enhance their performance and competitiveness. This study examines the effect of business ecosystem on MSMEs financial and non financial performance. The study employed survey research design, through the administration of structured questionnaires to 400 chief executives of MSMEs in Lagos, Anambra and Kano. The research instrument was validated by some academics and practitioners. A pilot study was conducted to ascertain the reliability of the instrument, by distributing the questionnaire to chief executives of 10 MSMEs twice within an interval of 14 days and the correlation of the first and the second study gave a Cronbach alpha of 0.84, which indicated that the instrument is highly reliable. Hypotheses were formulated and ordinary least square was employed to estimate the model with the aid of STATA version 14. Findings revealed that business eco system have positive and significant effect on MSMEs financial and non-financial performance. Therefore, it is recommended that MSMEs should consider their business eco system towards the enhancement of their financial and non financial performance

scholarly journals Analysis of Labor Absorption (Study in Kerupuk Sanjai Small and Medium Enterprises in Kabupaten Lima Puluh Kota)

2019 ◽  
Vol 2 (2) ◽  
pp. 68-75
Author(s):  
Nelvia Iryani ◽  
Syaiful Anwar
Keyword(s):  
Small And Medium Enterprises ◽  
Linear Regression Analysis ◽  
Field Research ◽  
Least Square Method ◽  
Multiple Linear Regression Analysis ◽  
Least Square ◽  
Economic Activities ◽  
Ordinary Least Square ◽  
Production Value ◽  
Medium Enterprises

Labor is a very important asset in economic activities, but often the number of workers exceeds the available employment capacity, so it is very necessary to analyze the factors that affect employment. This study aims to estimate the relationship between wage, capital, production value to the amount of employment in Kerupuk Sanjai Small and Medium Enterprises (SMEs) in Kabupaten Limapuluh Kota This type of research is field research and use questioner to 100 respondens . The analytical tool used is multiple linear regression analysis with OLS (Ordinary Least Square) method and data processing using SPSS VR.21 software. The results of the study show that  all independent variabels has a  significant effect on labor absorption in Kerupuk Sanjai SMEs in Kabupaten Limapuluh Kota. capital is the variable that has the most influence in the absorption of labor in the Kerupuk Sanjai Small and Medium Enterprises (SMEs) in Kabupaten Limapuluh Kota.

scholarly journals The Effect Of Entrepreneurial Competencies On Business Performance (Empirical Study On Msmes Of Palembang Woven Fabric)

2021 ◽  
Vol 2 (2) ◽  
pp. 498-505
Author(s):  
Bainil Yulina ◽  
Pridson Mandiangan ◽  
Nurul Azizah
Keyword(s):  
Business Performance ◽  
Small And Medium Enterprises ◽  
Woven Fabrics ◽  
Least Square ◽  
Woven Fabric ◽  
Ordinary Least Square ◽  
High Category ◽  
Overall Performance ◽  
Medium Enterprises ◽  
Very High

The aims of this study were to investigate the entrepreneurial competence in Micro, Small and Medium Enterprises (MSMEs) of Palembang woven fabrics, the busniess performance of Micro, Small and Medium Enterprises (MSMEs) of Palembang woven fabrics, and whether entrepreneurial competence affected business performance at Micro, Small and Medium Enterprises (MSMEs) of Palembang woven fabrics. This research employed quantitative method. The population in this study was 90 owners of MSMEs as well as woven fabric craftsmen in the Tuan Kentang Palembang area. The sample used a random sample of 50 respondents. To collect the data, a closed-ended questionnaire was used. For data analysis, Ordinary Least Square was used. The research results showed 3 findings: overall, the entrepreneurial competence in the Palembang woven fabric business was in the high category, the overall performance of the Palembang woven fabric business was in the very high category, and entrepreneurial competence had a positive and significant effect on the business performance of the Palembang woven fabric business.

scholarly journals Technology Acquisition and SMEs Performance, the Role of Innovation, Export and the Perception of Owner-Managers

2020 ◽  
Vol 13 (11) ◽  
pp. 258 ◽  
Author(s):  
Edmund Mallinguh ◽  
Christopher Wasike ◽  
Zeman Zoltan
Keyword(s):  
Developing Economies ◽  
Small And Medium Enterprises ◽  
New Technology ◽  
Moderated Mediation ◽  
Least Square ◽  
Ordinary Least Square ◽  
Technology Acquisition ◽  
Capital Budget ◽  
Innovation Activities ◽  
Medium Enterprises

Sufficient literature supports small and medium ‘enterprises’ (SMEs) significant role in emerging and mature economies. Still, the same research highlights varying challenges that innovative firms in developing economies face, like access to formal credit and external markets. This study examines the effect of a capital budget’s proportion for acquiring new technology and sale performance between 2017–2019 using a sample of 101 Kenyan SMEs. The ordinary least square moderated mediation results indicate that: (1) the proportion of the capital budget allocated for the acquisition of technology positively and significantly influences sales; (2) the index of moderated mediation suggests that the perception of firm owner-managers towards the availability of formal credit moderates the mediated relationship between the capital budget’s portion spent on technology and sales as mediated by innovation activities. However, the index is insignificant for the second mediator, export longevity. However, in the final model, both the level of innovation and export longevity positively and substantially affect sales.

Gender diversity and its impact on high-tech SMEs’ organizational leadership

2018 ◽  
Vol 33 (6) ◽  
pp. 499-523 ◽  
Author(s):  
Monica Garcia-Solarte ◽  
Domingo Garcia-Perez de Lema ◽  
Antonia Madrid-Guijarro
Keyword(s):  
Organizational Leadership ◽  
Small And Medium Enterprises ◽  
Gender Diversity ◽  
Least Square ◽  
High Tech ◽  
Content Type ◽  
Ordinary Least Square ◽  
The Board Of Directors ◽  
Questionnaire Form ◽  
Medium Enterprises

Purpose This study aims to empirically identify the relationship between gender diversity and organizational leadership. Design/methodology/approach A multifactor questionnaire, Form 6-S, developed by Bass and Avolio (1992), is used to measure leadership. The results are derived from univariate and multivariate analyses conducted through ordinary least square linear regression. This study uses a base consisting of 142 small and medium enterprises in Cali (Colombia); men manage 111 of which, whereas women manage 31. The data came from a project performed by the Humanism and Management research group of the Administration Sciences Department of Valley University (Universidad del Valle). Fieldwork was conducted between November 2013 and April 2014. Findings The results show that companies with greater gender diversity (mostly women on the board of directors and in management) develop a transformational organizational style orientated towards organizational change through the transformation of followers. Originality/value There is no previous study combining these variables in Colombian context.

scholarly journals Financial Performance Analysis on Micro, Small, and Medium Enterprises of Cassava Product in Cibadak, Lebak Regency,

2020 ◽  
Vol 16 (2) ◽  
pp. 257-268
Author(s):  
Denis Mukarromah ◽  
Jubaedah Jubaedah ◽  
Miguna Astuti
Keyword(s):  
Financial Performance ◽  
Financial Literacy ◽  
Financial Management ◽  
Small Businesses ◽  
Small And Medium Enterprises ◽  
Descriptive Analysis ◽  
Partial Least Square ◽  
Least Square ◽  
Medium Enterprises ◽  
Positive Effect

Abstract: There are indications of difficult capital access for MSMEs in Lebak. It is shown by Statistic Bureau (BPS) data in Banten Province that only 7.44% of micro and small businesses in Banten obtain or apply for credit, or only 0.95% of Lebak micro and small businesses that can obtain or apply for credit. This research aims to determine the effect of (1) financial literacy on financial performance and (2) financial management on financial performance. This research is quantitative descriptive. The subjects were MSMEs of cassava processed products in Cibadak, Lebak Regency by distributing questionnaire to 86 samples. The data analysis technique used was descriptive analysis and inferential analysis with Partial Least Square (PLS). The results of this research show that (1) financial literacy has a positive effect on financial performance, and (2) financial management has a positive effect on financial performance.Keywords: financial literacy, financial management, financial performance Analisis Kinerja Keuangan pada Pelaku UMKM Produk Olahan Singkong di Cibadak Kabupaten Lebak, BantenAbstrak: Terdapat indikasi sulitnya akses permodalan pada UMKM di Lebak, Banten. Ditunjukan oleh data BPS Provinsi Banten bahwa hanya 7,44% usaha mikro dan kecil di Banten yang memperoleh ataupun mengajukan kredit atau hanya 0,95% dari usaha mikro dan kecil Lebak yang dapat memperoleh atau mengajukan kredit. Penelitian ini bertujuan untuk mengetahui pengaruh (1) literasi keuangan terhadap kinerja keuangan, (2) pengelolaan keuangan terhadap kinerja keuangan. Bentuk penelitian ini adalah deskriptif kuantitatif. Subjek dalam penelitian ini adalah pelaku UMKM produk olahan Singkong di Cibadak, Kabupaten Lebak dengan penyebaran kuisioner pada 86 sampel. Teknik analisis data yang digunakan adalah analisis deskriptif dan analisis inferensial dengan Partial Least Square (PLS). Hasil penelitian ini menunjukan (1) literasi keuangan berpengaruh positif terhadap kinerja keuangan, dan (2) pengelolaan keuangan berpengaruh positif terhadap kinerja keuangan.Kata kunci: literasi keuangan, pengelolaan keuangan, kinerja keuangan

scholarly journals INFLUENCE OF FINANCIAL INCLUSION AND SOCIAL INCLUSION ON THE PERFORMANCE OF WOMEN - OWNED BUSINESSES IN LAGOS STATE, NIGERIA

2017 ◽  
Vol 4 (3) ◽  
pp. 18
Author(s):  
Sajuyigbe Ademola S
Keyword(s):  
Gender Gap ◽  
Social Inclusion ◽  
Small And Medium Enterprises ◽  
Financial Inclusion ◽  
Least Square ◽  
Ordinary Least Square ◽  
Regulatory Frameworks ◽  
Lagos State ◽  
The Government ◽  
Medium Enterprises

Recognising the indispensable role of women owned enterprises in general economic development, the government of Nigeria have offered support to the development of women owned enterprises through financial intermediary, infrastructures and policy measures. Despite of these indicators, the state of micro entrepreneurship has yet to reach a satisfactory level and women enterprises continue to lag behind that of their male counterparts. This study therefore investigated the influence of financial inclusion and social inclusion on the Performance of Women - Owned Businesses in Lagos State, Nigeria. The population of this study comprised all four thousand six thousand sixty three (4,663) women-owned Micro, Small and Medium Enterprises (MSMEs) registered with SMEDAN while three hundred and fifty seven (357) were selected as a sample size for the study. The data collection instruments for the study were structured questionnaire and personal interview. Data were analyzed with the aid of Multiple Regression (Ordinary Least Square Estimation) and Pearson Product Moment Correlation Coefficient. Results showed that financial inclusion and social inclusion have positive and significant influence on women–owned businesses performance. Additionally, financial inclusion and social inclusion jointly contribute about 42.9% to the performance of women –owned businesses. Results also indicated that social inclusion (r = 0. 543**) is positively and significantly related with the financial inclusion. The therefore recommended that government should have a policy in place through its financial regulator to encourage financial institutions to diversify their branch networks in the country and government should also have policies and regulatory frameworks in place that will close the gender gap in financial inclusion and social inclusion.

scholarly journals Effect of Internet Banking On the Performance of First Bank Nigeria Plc Abuja

2019 ◽  
Vol 6 (8) ◽  
pp. 5559-5564
Author(s):  
AKYUZ Murat, PhD ◽  
OPUSUNJU, Michael Isaac (PhD)
Keyword(s):  
Financial Performance ◽  
Survey Research ◽  
Primary Source ◽  
Internet Banking ◽  
Least Square ◽  
Operational Performance ◽  
Time Data ◽  
Ordinary Least Square ◽  
Ict Competence ◽  
Structured Questionnaire

The study examines the effect of internet banking on non financial performance of First bank Nigeria Plc, Abuja.  The study used survey research design and employed the use of structured questionnaire administered to the employees of 41 branches of First Bank Plc, Abuja. A population of 2231 employees was targeted  and a sample size of 337 was derived using Taro Yamane formula.  Point in time data was collected from primary source and Ordinary Least Square was adopted in analysing the data.  Findings reveal that internet banking proxies such as cheap internet costs, 24 hours internet services and ICT competence of customers contributed significantly to the performance of First Bank Nigeria plc Abuja. The study concludes that the effect of internet banking on the performance First Bank Nigeria Plc, Abuja is significant. It is therefore recommended that First Bank Nigeria Plc, Abuja should continue to adopt internet banking since it contributes significantly to their operational performance.         

scholarly journals Factors Influencing the Usage of Instagram for Business and its Effect on Financial Performance and Non-Financial Performance

2021 ◽  
Vol 1 ◽  
pp. 43-55
Author(s):  
Altaf Akbar ◽  
Keyword(s):  
Cost Effectiveness ◽  
Financial Performance ◽  
Small And Medium Enterprises ◽  
Positive Influence ◽  
Partial Least Square ◽  
Least Square ◽  
Survey Questionnaire ◽  
Innovative Behavior ◽  
Medium Enterprises ◽  
Positive Effect

The objective of this article is to study the factors which affect the Small and Medium Enterprises (SMEs) instagram use for business and its subsequent impact on financial and non-financial performance. The primary purpose of this study is to examine the effect of competency, cost-effectiveness, innovative behavior, and interactivity on instagram use for business, and consequences on firms' performance. Statistical analysis was performed on the data acquired through a survey questionnaire from 352 Malaysian SME employees. The findings revealed that competency, cost-effectiveness, innovative behavior, and interactivity have a positive influence on instagram use for business. The results also indicated that instagram use for business has a strong positive effect on the financial performance and non-financial performance of SMEs. All the hypotheses were accepted and tested by a partial least square (PLS) approach.

scholarly journals ANALISIS INVESTASI, PAD DAN JUMLAH UNIT UKM TERHADAP PENYERAPAN TENAGA KERJA UKM DI KABUPATEN LABUHANBATU

2019 ◽  
Vol 5 (1) ◽  
pp. 1-11
Author(s):  
Zulkarnain Nasution
Keyword(s):  
Computer Program ◽  
Analytical Method ◽  
Small And Medium Enterprises ◽  
Least Square ◽  
Business Unit ◽  
Ordinary Least Square ◽  
Medium Enterprises

The purpose of this study is to analyze the effect of investment, PAD, the number of SMEs and the absorption of SMEs workforce in Labuhanbatu District. The sample was obtained from the statistics book of small and medium enterprises of Cooperative and SME Office 2007- 2016. The analytical method in this study is Ordinary Least Square (OLS) with the help of IBM SPSS 20 computer program. The result of analysis shows that SME investment and the number of SME business unit have a significant effect on the absorption of small and medium enterprises. Meanwhile, PAD has not significant effect on the absorption of small and medium enterprises

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