Relevant bibliographies by topics / Performance – Management ; Small business – Nigeria

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  2. Dissertations / Theses
  3. Books
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Academic literature on the topic 'Performance – Management ; Small business – Nigeria'

Author: Grafiati
Published: 4 June 2021
Last updated: 1 February 2022

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Journal articles on the topic "Performance – Management ; Small business – Nigeria"

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I. Offiong, Amenawo, Chris O. Udoka, and James Godwin Bassey. "Financial risk and performance of small and medium enterprises in Nigeria." Investment Management and Financial Innovations 16, no. 4 (December 3, 2019): 110–22. http://dx.doi.org/10.21511/imfi.16(4).2019.10.

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Small and medium enterprises (SMEs) are imperative for the growth of a striving economy because they cater for a huge level of manpower and vast resources. Therefore, it is essential that their stability and performance should be ensured in order to promote the economic growth of Nigeria. SMEs are pronged to unsecured financial risk, which can lead to the collapse of the enterprises. Various studies have been done on the small and medium enterprises’ contribution to the Nigerian economic growth, but only few have addressed how financial risks affect it. This study aims to investigate how financial risk affects SMEs` performance. In other to achieve this exploratory research design was used and data were sourced from Central Bank of Nigeria (CBN) statistical bulletin from 1986 to 2017. The study uses autoregressive distributed lag (ARDL) techniques as the tool of analysis. It reveals a negative and insignificant relationship between financial risk and SMEs` performance in Nigeria in the long run. However, exchange rate risk, liquidity risk, interest rate risk and inflation risk have a significant, but negative impact on small and medium enterprises in the short run, as well as the long run. Financial risk adversely affects the performance of Nigerian SMEs and, therefore, should be controlled to enhance their performance.
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OKO, A. E. Ndu, and Innocent Kalu. "Marketing Performance Measurement Management: Study of Selected Small and Medium Scale Businesses in Nigeria." Advances in Social Sciences Research Journal 1, no. 4 (July 25, 2014): 43–66. http://dx.doi.org/10.14738/assrj.14.185.

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Asikhia, Olalekan, and Vannie Naidoo. "Assessment of the moderating effects of Nigerian market environment on the relationship between management success determinants and SMEs’ performance." Problems and Perspectives in Management 18, no. 4 (December 18, 2020): 388–401. http://dx.doi.org/10.21511/ppm.18(4).2020.31.

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A reported eighty-five percentage failure rate of SMEs in Nigeria before five years of operation was ascribed to a lack of knowledge of the market environment. Hence, this study investigated the moderating effects of the Nigerian market environment on the relationship between management success determinants and SMEs’ performance to see how the environment has affected SMEs’ performance. The study employed a survey research design, the population of the study comprised chief executive officers (CEOs) of registered SMEs, and a sample size of 1,102 was used. Probability sampling methods of stratified, proportionate, and random sampling were adopted. Responses were collected through a predetermined set of questions and a self-administered questionnaire. Data were analyzed using descriptive and inferential statistics. The study found that the Nigerian market environment had moderating effects on the relationship between management success determinants and SMEs’ performance (R = 0.817, R2 adjusted = 0.664, R2 change = 0.041, and Fchange = 19.694 at ρ = 0.000), most of the Nigerian market environment’s components have significant moderating effects on all the management success determinants relationship with SMEs’ performance; management skills (β = 0.220, 0.182; ρ < 0.05), innovation (β = 0.147, 0.135; ρ < 0.05), operating system (β = 0.083, 0.061; ρ < 0.05), organizational structure (β = 0.290, 0.303; ρ < 0.05), business reporting system (β = 0.142, 0.137; ρ < 0.05), system flexibility (β = 0.110, 0.107; ρ < 0.05), environmental scanning (β = 0.091, 0.062; ρ < 0.05). Only decision-making is not statistically significant (β = 0.037, 0.004; ρ > 0.05). These imply that Nigerian SMEs’ decisions under intense environmental turbulence are mostly ineffective, and the effects of management success determinants in facilitating performance were also drastically reduced as well as firms’ system flexibility. The study has a practical value of identifying the effect of the Nigerian market environment on the relationship between management success determinants and SMEs’ performance, thus revealing the gaps in the Nigerian SMEs’ management factors. Acknowledgment(s)To Small and Medium Enterprises Development Agency of Nigeria and Small Scale Enterprises Association of Nigeria for their support in ensuring participation of their members.
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Adeola, Ogechi, and Kennedy Ezenwafor. "The hospitality business in Nigeria: issues, challenges and opportunities." Worldwide Hospitality and Tourism Themes 8, no. 2 (April 11, 2016): 182–94. http://dx.doi.org/10.1108/whatt-11-2015-0053.

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Purpose This paper aims to advance cooperation and collaboration as solutions to problems in the Nigerian hospitality industry. The issues and challenges plaguing the hospitality industry in Nigeria are discussed in the context of the case company, a small independent restaurant in Lagos. Design/methodology/approach Phenomenological research strategies guided the approach to this study. The authors identified a specific problem and gathered information, primarily through one-on-one interviews and a focus group, to learn how individuals within a defined industry experienced the ramifications of the phenomenon. Findings The operating environment of the hospitality sector in Nigeria has an effect on the supply of skills and the financial performance of the case restaurant and similar hospitality businesses. To improve overall performance of the industry, private-public partnerships between government agencies, hospitality colleges and hospitality businesses, strategic partnerships between expert hospitality institutions and business schools, cooperation among hospitality business owners and improvement in managerial practices could be strategic moves for an industry operating under heavy institutional hindrances peculiar to Nigeria. Research limitations/implications The authors analysed the environmental trickle-down effect that could impact the profits of the restaurant. Organisational qualities such as leadership styles, the psychology of employment and the operations or policies of the company are not viewed in this context. The issues of the restaurant and a few hospitality businesses in Lagos were flagged as a representation for the industry in Nigeria. Practical implications Predisposing factors contributing to the attributed negative trickle-down effect on the enabling business environment for the industry, strategic partnerships, attaining high standards for curriculum development at educational institutions and enhanced training, with the goal of assuring creditable skills within the hospitality industry. Originality/value This paper is among the first to examine the critical issues, challenges and opportunities facing the hospitality industry in Nigeria.
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Sajuyigbe, Dr Ademola Samuel, Tajudeen A. Odetayo, and Adewumi Z. Adeyemi. "Financial Literacy and Financial Inclusion as Tools to Enhance Small Scale Businesses’ Performance in Southwest, Nigeria." Finance & Economics Review 2, no. 3 (September 24, 2020): 1–13. http://dx.doi.org/10.38157/finance-economics-review.v2i3.164.

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Purpose: The study sought to examine the impact of financial literacy and financial inclusion on small businesses’ overall performance with special reference to Southwest Nigeria. Methods: Descriptive survey research sketch was adopted for this study, while the purposive sampling method was employed to choose forty small scale businesses registered with SMEDAN from each state capital of South Western of Nigeria that engaged in petty trading, bakeries, block-making, soup-making, tailoring, and agro-allied, totaling 240 participants as a sample size for the study. Data were collected by using a closed-ended questionnaire designed for the study, while simple percentage, mean, standard deviation, Pearson Product Moment Correlation (PPMC), and Ordinary Least Square (OLS) was used to analyze the data. Results: The findings disclose that financial literacy and financial inclusion jointly and independently affect small businesses’ performance. It revealed a positive and significant relationship between financial literacy and financial inclusion. However, the study depicts that majority of business operators did not have financial knowledge such as working capital management, accounting records system, financial reporting, cashbook maintenance, income statement, daily cash reconciliation, internal control on cash, and cash budget. Also, the study confirmed that the majority of small business entrepreneurs are financially excluded from micro-financing, emergency loans, employ purchase financing, business bank loans, and micro-insurance plan Services. Implications: The implication of this study is that if the Central Bank of Nigeria partnership with other professional organizations to promote financial literacy and inclusion programs to all business entrepreneurs across the nation, it will motivate more business entrepreneurs in Nigeria to have access to finance.
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Ojubanire, Olugbenga Ayo, and Solomon Dawodu. "Risk management practices and financial performance nexus: Evidence from MSMEs in Osun State, Nigeria." Journal of Management Info 8, no. 1 (May 1, 2021): 44–55. http://dx.doi.org/10.31580/jmi.v8i1.1839.

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This study assessed the effect of enterprise risk management on the firm financial performance of Micro, Small and Medium-scale Enterprises in Osun state Nigeria. Precisely, the risk encountered, the adoption of risk management practices, the implementation of Enterprise Risk Management (ERM) practices, and the financial performance of micro, small and medium scale enterprises in Osun state Nigeria. Primary data was used for this study; a well-structured questionnaire was used to elicit data from 273 respondents. The study population consists of owners and managers of small and medium businesses in Osun state, Nigeria. Data were analyzed using descriptive analysis and was the inferential statistic used to test the hypotheses. The results showed that market (33.7%), strategic (57%), financial (46.9%), operational (34.2%), management (47.6%), and technological (45.4%) are risks prevalent to micro and small businesses, but most of the respondents disagreed that the relationship of their staff to the customer is poor. Risk acceptance with a mean score of (2.27 ± 1.21) is the most utilized risk management practice adopted by the MSMEs. The implementation of ERM practices shows that MSMEs more utilized setting of objectives (43.6%), risk identification (38.3%), risk assessment (36.2%), and control activities (31.2%) and the financial performance of the businesses was moderate (69.7%). The correlation analysis shows no significant relationship between the scale of business and the adoption of risk management practices. Also, the regression analysis shows that Risk identification (β = 0.388, p ≤0.01) and Control activities (β = 1.096, p ≤0.01) are the only ERM variables that significantly affect financial performance. The study concluded that the implementation of enterprise risk management practices has a significant effect on the financial performance of Micro, Small and Medium enterprises in Osun State, Nigeria.
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Israel Akeke, Niyi. "Strategic Interventions and Performance of Small and Medium Enterprises in Nigeria." International Journal of Community Development and Management Studies 3 (2019): 017–29. http://dx.doi.org/10.31355/38.

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NOTE: THIS ARTICLE WAS PUBLISHED WITH THE INFORMING SCIENCE INSTITUTE. Aim/Purpose................................................................................................................................................................................................. The study seeks to examine the strategic interventions needed to promote the performance of small and medium enterprises (SMEs). Specifically, it analyzed the relationship between organizational learning, cultural values and SMEs performance. Background................................................................................................................................................................................................ The performance of SMEs has been identified as one of the most important success factors behind growth, development and industrialization of nations. In anticipation of such outcome, SMEs have been given adequate attention in emerging economies such as Nigeria but it has performed below expectations. Existing studies noted that business organizations are able to develop by employing strategic management interventions. Strategic interventions involve a deliberate attempt to move organizations towards a more effective state and improve performance. The expected components of strategic interventions needed to achieve the expected change in performance of SMEs are organizational learning and cultural change. However, there has not been a complete research outcome on the relevance of organizational learning and cultural change to SMEs performance in Nigeria. Therefore, the main research question is; whether organization learning and cultural values contribute significantly to SMEs performance. Methodology................................................................................................................................................................................................ In this study, the researcher employs quantitative research methods. Structured questionnaires are used to collect primary data. The study uses data set of 571 owners/managers of registered SMEs with the Ministry of Commerce and Trade in the study area. The structural equation modeling (SEM) was performed to address the research objectives. Contribution................................................................................................................................................................................................ The study provides useful information to understanding the path to achieving SMEs performance through application of strategic interventions approach. It highlights the relevance of organizational learning to improving market share and profit in the small and medium enterprises sector. Findings..................................................................................................................................................................................................... The findings indicate that organizational learning can positively boost performance of the SMEs but cultural values, though covaried with organizational learning do not add to performance outcome of the SMEs. The organizational learning is found to play the direct role of boosting performance through team learning, empowerment, embedded system, inquiry and dialogue and continuous learning respectively. Recommendations for Practitioners............................................................................................................................................................ Increasing performance of small businesses that impact on overall development is a considerable challenge. Consequently, the study highly recommends integration of strategic intervention that is anchored on organizational learning constructs for satisfactory outcome in the SMEs. In achieving this, less emphasis on cultural values may be useful. Recommendation for Researchers............................................................................................................................................................... It is suggested that this type of study needs to be conducted in public-owned establishments and business corporations with large business structure. This may help to further establish the theoretical relevance of strategic interventions to SMEs performance across various dimensions of business forms and organizations. Impact on Society.......................................................................................................................................................................................... The findings provide adequate pathway to societal development through SMEs. For the expected growth of society to emerge through investments in SMEs, stakeholders in the society should take advantage of information embedded in strategic interventions in their performance drive. Future Research.............................................................................................................................................................................................. The study outcomes are much relevant to developing economies in need of small and medium business interventions to tackle growth, unemployment and societal development. Future research, especially in developing and emerging economies may explore the relevance of the approach to boosting small business in their area. The specific contribution of cultural values in that context may be tested.
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Sa'eed, Abdulmalik, Nuru Gambo, Ibrahim Ibrahim Inuwa, and Innocent Musonda. "Effects of financial management practices on technical performance of building contractors in northeast Nigeria." Journal of Financial Management of Property and Construction 25, no. 2 (April 13, 2020): 201–23. http://dx.doi.org/10.1108/jfmpc-07-2019-0064.

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Purpose The purpose of this study is to assess the effects of financial management practices of small-scale building contractors on the technical performance of the contractors in the northern part of Nigeria with international best practices. Previous studies argued that the technical performance of small-scale building contractors in developing countries is poor because of insufficient cash to acquire strategic resources at the outset of a project. This continues to pose a challenge to the sustainable development of the construction industry, particularly in developing countries like Nigeria. There is, therefore, a need to identify, assess and compare the effects of financial practices of the contractors with technical performance best practices. Design/methodology/approach The technical performance of each contractor was evaluated using a five-point Likert scale. This is used to obtain the mean technical performance levels of the contractors. A questionnaire survey was administered to the professionals in the industry who were selected by using a proportionate stratified random sampling technique. The contractors’ performance was compared using ANOVA with post hoc, and the effects of contractors’ financial management practices were determined using multiple regression analysis. Findings The results of this study indicated that the contractors in Nigeria were average technical performers and there were large effects of financial management practices on the technical performance of contractors in building projects. Research limitations/implications This study is limited to small-scale building contractors in northeast Nigeria. One of the implications of this study is that it provides the criteria for an evaluation of small-scale building contractors’ technical performance in Nigeria and other developing countries that faced similar problems. Practical implications The practical implications of this study are that it establishes the current level of contractors' technical performance and serves as an awareness of contractors' current financial practices. Social implications This study created bases for self-evaluation of contractors’ technical performance and competition among small-scale contractors in Nigeria for the enhancement of productivity particularly in rural areas for national development. Originality/value This study emanated from the government reports and past studies in the area of performance management based on the persistence of poor technical performance of small-scale contractors in the construction industry.
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Okwu, Andy Titus. "Business environment and the financial performance of small and medium enterprises: A study of Lagos state, Nigeria." Corporate Ownership and Control 12, no. 4 (2015): 493–505. http://dx.doi.org/10.22495/cocv12i4c4p7.

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The financial outcome of an enterprise is perceived to have some relationships with its operational environment. This study analysed the business environment as a correlate of financial performance of small and medium enterprises (SMEs), as to contribute to environment-enterprise policy mechanisms and regulatory framework, industry and management practices. Relevant definitional criteria and World Bank’s model were adopted to sample 228 SMEs from 456 via judgmental and convenience techniques. Multifactor business-environment questionnaire (MBEQ) was used to elicit responses from SMEs in a field survey. Enterprise type, activity, product line and financial performance were examined. Results showed dominance of sole proprietorship and services SMEs, multi-product lines, and highly positively correlated financial performance and business environment. Consequently, improved SME-friendly business environment was recommended.
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Eniola, Anthony Abiodun, and Harry Entebang. "SME Managers and Financial Literacy." Global Business Review 18, no. 3 (April 4, 2017): 559–76. http://dx.doi.org/10.1177/0972150917692063.

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The aim of this study is to examine the level of small and medium enterprises (SMEs) business owners–managers’ financial literacy and its impact on firm’s performance. The article applied a random sample and structural equation modelling (SEM) approaches in assessing the influence of SME business owners–managers’ level of financial literacy within the three states in the southwest Nigeria. The findings show the complete effect of business owner–manager’s financial knowledge, financial awareness and financial attitude in converting financial literacy to increase in firm performance. Also, they confirm that financial knowledge and awareness of SME business owners–managers are obviously not a prerequisite for the performance of SMEs, but entrepreneur characteristics in decision-making and relationship to financial attitude have a comparison with financial literacy. The research limitation evolves from cross section information observation that solely covers the southwestern part of the country. Additionally, inspired to meet the analysis gap is panel data analysis. Training courses through strategic orientation on the attitudinal perception of SME business owner–manager and basic business management skills, capacity-building aspect, leadership development as well as networking via relationship marketing and management on financial literacy may have significant effect on SMEs’ performance and growth for the managers in general in Nigeria. The article is one of the first to examine the level of financial literacy of SME business owners–managers in Nigeria. The article therefore sets an important benchmark for further research in this area.
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Dissertations / Theses on the topic "Performance – Management ; Small business – Nigeria"

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Akpabot, S. "A study of performance measurement practices in northern Nigerian SMEs." Thesis, Coventry University, 2016. http://curve.coventry.ac.uk/open/items/c0d324a3-758b-4498-b9c9-fe667f7bef0f/1.

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Purpose – to examine and evaluate the application of performance measurement (PM) practices and systems within manufacturing SMEs in Northern Nigeria in order to develop an original performance measurement framework that can be effectively applied to support firms in achieving their business objectives. Design/Methodology/Approach – This study first carried out a review of literature from 1994-2013. Covering a period of 19 years was selected for effective scrutiny of the current and past SMEs’ performance as a point of synthesis. It subsequently presents an empirical case study carried out in Northern Nigeria from survey and interview questionnaires with the SMEs’ owners and managers within this region. Findings – The findings indicate the importance of SMEs using PM (Performance Measurement) Systems to measure and improve business performance. Based on the analysed data from the survey and interviews conducted, the results suggest that some SMEs used PM Systems to measure business performance and set-out objectives while many do not for various reasons. The results linked with earlier findings from the reviewed literature and shed more light into why many SMEs in Nigeria failed after few years. The data also revealed many of the SMEs do not have or use any kind model or framework within their business to monitor business performance and set objectives, and some do not have the resources such as expertise and knowledge for PM System implementation management. These disclosures and the review of available performance model/framework led researcher to develop a simplistic performance framework for the SMEs to measure and improve business performance. The research finished with recommendation for SMEs managers and owners. Originality/Value –Though a lot has been written on SMEs’ performance measures and management, many of those publications and investigations are centred on developed economies such as America and UK; few studies have been conducted in Africa and the sub-Saharan region to rigorously outline some of the key factors that impact SMEs’ growth in that region. In that context, this study provides realistic evidence regarding SMEs’ performance measurement practices, systems, models management within the research location. The results provide evidence and reasons for SME failures and offer strategic direction for SMEs’ improvement and growth with the newly developed model.
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Apiri, Tonye Richard. "Loan performance and default rate of financing SME's by microfinance bank: a case study of Accoin Microfinance Bank PLC." Thesis, Stellenbosch : Stellenbosch University, 2013. http://hdl.handle.net/10019.1/95646.

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Thesis (MDF)--Stellenbosch University, 2013.
This study examines the default rate and performance of Microfinance bank (MFBs) loans to Small and Medium Enterprises (SMEs) in Nigeria based on the case study of Accion Microfinance Bank Limited (AMFB), Lagos State. Responses from 150 employees of AMFB revealed that the causes of default rate and performance of SMEs reflect the risk and vulnerability of the SME sector in Nigeria. It further showed that MFBs apply stringent credit criteria in granting loans to SME borrowers, coupled with the existing high cost of funds. The attitude, lack of transparency on the part of SME owners and fund diversion were identified as major factors responsible for the high default rate among SME borrowers. These and other factors warrant the need for further study in the areas of the impact of MFB loans on SME development given the new revised microfinance policy framework in Nigeria.
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Okeke, Vincent Ikechukwu. "Leadership Style and SMEs Sustainability in Nigeria| A Multiple Case Study." Thesis, Walden University, 2019. http://pqdtopen.proquest.com/#viewpdf?dispub=13805878.

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Leadership in small and medium enterprises (SMEs) has remained an under-researched area in the management literature, especially in developing countries such as Nigeria. SME owner-managers in Nigeria lacked in-depth understanding of their leadership style to objectively evaluate its implication on long-term performance and growth of their enterprise. The purpose of this qualitative multiple-case study was to explore the experiences of SME owner-managers in Nigeria to gain an in-depth understanding of their leadership style and its implication for long-term performance and growth of their enterprise. The conceptual framework for this study was anchored in two key concepts; leadership styles and leadership in SMEs, with the full range leadership model as the theoretical foundation. The research question sought to explore the role of SMEs owners and managers leadership styles in the long-term success of their enterprise. Interview data were collected from 6 SME owner-managers who employ less than 200 employees within the manufacturing, education, and trading sectors. The cross-case synthesis technique was used for data analysis which allowed for within-case analysis and cross-case comparisons. Findings from this study showed that Nigerian SME owner-managers do not follow any specific leadership style. They exhibited few characteristics of transformational and transactional leadership behaviors, leaning more to transactional leadership. This study has significance for positive social change by providing insights on how leadership styles can improve the performance and sustainability of Nigerian SMEs, thus increasing their capacity to create employment.

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Enobakhare, Amienyaru. "Corporate governance and bank performance in Nigeria." Thesis, Stellenbosch : University of Stellenbosch, 2010. http://hdl.handle.net/10019.1/8439.

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Thesis (MBA)--University of Stellenbosch, 2010.
The purpose of this study was to determine the relationship between corporate governance and the profitability of banks in Nigeria. This has been done in line with previous studies in other parts of the world where it was discovered that the corporate governance culture of a firm does have an effect on its profitability. The corporate governance variable employed in this study was that of ownership. Four types of ownership were used as the independent variables, namely board ownership, institutional ownership, foreign ownership and government ownership. Whilst the dependent variables employed were return on assets (ROA) and non performing loans ratio (NPL). Information on banks’ return on assets and non performing loans was generated from year end financial statements and yearly bank reviews from a Nigerian based research firm called Agusto and Company. Also the banks’ ownership variables information was also pooled from financial reports, the Agusto report on banking industry as well as bank websites. A descriptive statistic data was generated to review the trend of banks’ return on assets and non-performing loan performance indicators, whilst a Pearson correlation table was generated to review the correlation between the ownership variable and the performance of banks. The results generated were found to be similar to what has previously been done. This study makes a significant contribution to research by exposing the importance of corporate governance, a concept which has been neglected in the Nigerian corporate world. Finally it provides further justification to do further research in this area in the Nigerian banking and corporate environment.
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Anamege, Tony Emeka. "Capital Financing Strategies of Small-Scale Contractors in Nigeria." ScholarWorks, 2019. https://scholarworks.waldenu.edu/dissertations/6391.

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Small-scale contractors in Nigeria, as small business owners, face challenges accessing external sources of capital financing. Inadequate sources of working capital is one of the major reasons for poor business performance and failure. A multiple case study approach was used in this study to explore how small-scale contractors obtained capital financing to grow their businesses. The study population included small-scale contractors in the construction industry in Nigeria. Credit rationing model was chosen as the conceptual framework for the study. Semistructured interviews were used to collect data from 5 participants. Data analysis included thematic coding of the data using qualitative data analysis computer software. The 2 themes that emerged from data analysis were as follows: sources of small-scale contractors' financing and constraints of sourcing small-scale contractors' capital financing. This study could contribute to positive social change by stimulating the local economy through local capital formation, jobs creation, improved tax revenues for local authorities, and enhancement of the quality of life of those living in Nigeria.
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Stephens, Paul Raymond. "SMALL BUSINESS AND HIGH PERFORMANCE MANAGEMENT PRACTICES." University of Cincinnati / OhioLINK, 2001. http://rave.ohiolink.edu/etdc/view?acc_num=ucin980273551.

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Nden, Nanzing Nangil. "Strategies for Ensuring the Timeliness of Small Business Financial Reporting in Nigeria." ScholarWorks, 2019. https://scholarworks.waldenu.edu/dissertations/7565.

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Small business owners in Nigeria submit financial reports to regulators and stakeholders, and they often lack strategies to ensure timeliness in the Nigeria report rendition. Lack of accounting competence and audit lag in the preparation, rendition, and submission of financial statements and reports are some of the contributors to this lack of timeliness. The purpose of this multiple case study was to explore strategies that owners of small businesses used to ensure timeliness of financial reporting. The population for this study was 5 owners of small businesses in Nigeria. Management by objectives and Hoshin Kanri were the conceptual framework for this study. Data were collected using semistructured interviews and a review of company documents. The thematic analysis led to the emergence of the following themes: (a) hiring the right employees, (b) regular training of accountants, (c) working with external accountants, (d) effective leadership and organizational structure, (e) attending accounting courses or workshops, and (f) using or abiding by formal financial reporting standards. Local small business owners may apply these results to hiring professional accountants to prepare timely financial reports to meet stakeholders' needs. Timely preparation of financial reports by owners of small businesses may contribute to positive social change by providing appropriate feedback to regulators, tax administrators, and small business owners, and encouraging and supporting local economic growth.
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Olorunshola, Yemisi Christianah. "Small Business Sustainability Strategies in the Maritime Industry in Lagos, Nigeria." ScholarWorks, 2019. https://scholarworks.waldenu.edu/dissertations/6933.

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Small business enterprises (SBEs) are major contributors to national job creation and employment, but small businesses face a myriad of challenges which lead to their failure before 5 years of operation. Some small business owners lack the skills to create strategies that will lead to long term business survival. Porter'€™s 5 forces competition was used as the conceptual framework for this multiple case study. The purpose of the study was to explore the strategies Nigerian SBEs use to sustain their first 5 years of operation. Semistructured interviews served to collect data from the chief executive officers of 2 SBEs in the maritime industry in Lagos, Nigeria. Data analysis entailed the use of qualitative analysis to capture and organize data and identify emerging themes. Some emerging themes included the securing of the necessary finances, the ability to respond to the effects of government policy, and providing excellent customer service. The implications of this study for social change include the mitigation of the negative effects of business failure on the people of the host community. Small business owners and leaders, partners of small business owners, and policymakers might benefit from this research by deploying the findings to appropriate business domains.
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Ochonogor, Hyeladzira Mshelia. "Improving Access of Small Business Owners to Microloan from Microfinance Institutions in Nigeria." Thesis, Walden University, 2018. http://pqdtopen.proquest.com/#viewpdf?dispub=10828571.

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Most microloan applicants in Nigeria are denied access to financial services by the commercial banks because of the high risk involved in granting loans to an individual without tangible assets to offer as collateral. The purpose of this qualitative multiple case study was to explore small business owners’ understanding of suitable funding options from microfinance banks in Nigeria to sustain their businesses beyond the first 5 years. An investigation was conducted on how small business owners could obtain information on funding options most suitable to sustain their business. Guided by the ethical banking operations framework theory, the strategies business owners had used was explored to understand available funding options. A homogenous sampling strategy was used to purposefully identify and select the microfinance applicants who had similar experiences using different funding options. Fifteen customers of microfinance institutions (MFIs) participated in semistructured interviews. Additional data on MFIs was obtained from established secondary sources. Yin’s 5-step process was used to analyse the data, with member checking and triangulation used for validation. Key findings emerged on lack of appropriate entrepreneur training, inadequate financial management, skills gap, and inability to interpret the bank’s information on loan procedures. This revealed the need to develop ways for small business owners to more easily access information on loan options. MFIs may use the findings of the study to enhance access to their financial services and promote the growth of MFIs to increase sustainable economic growth for both owners and the local communities they serve. Positive social change may be promoted through financial empowerment and job creation.

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Ekwem, Ijeoma. "Small and medium scale enterprises development in Nigeria : constraints and policy options." Thesis, Stellenbosch : Stellenbosch University, 2011. http://hdl.handle.net/10019.1/21647.

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Thesis (MDF)--Stellenbosch University, 2011.
This study was undertaken to find out how the SME sector in Nigeria has developed over time and to what extent it has performed its critical role of driving the country’s industrial transformation and development as it has done in other developed countries. This study has explained in detail, the development of SMEs in Nigeria and identified the economic potential of SMEs, their major problems, challenges and constraints, which have hindered them from playing the vital role in the Nigerian economic growth and development as well as made appropriate recommendations for redressing, reducing and/or eliminating them so that they could occupy their pride of place in the Nigerian economy. It also considered the various programmes implemented by various governments, to support and promote SMEs’ growth and development as well as the roles played by the government and the financial institutions towards promoting the development and growth of SMEs in Nigeria. The study employed primary date via questionnaires which were administered to the sampled financial institutions and SMEs’ operators, and the emanating data was analysed using simple percentages, charts and mean ranking. The Chi-square analytical technique was employed and the empirical analysis indicates that there has not been any significant contribution of government support towards developing SMEs, and also that there is a relationship between the sizes of SMEs and their modes of financing. The study determined, among others, that with the exclusion of lack of finance, the major constraints or challenges of SMEs ranked in descending order are inadequate managerial/board expertise, poor infrastructural facilities, inconsistencies in government policies, lack of financial records, multiple taxes and levies, etc. It also determined that lack of finance is a function of multiple problems and that the major sources of credit available for the financing SMEs in Nigeria are personal savings, family/friend support and commercial banks. The study recommended, among others, SME partnership and equity participation by financiers, loan guarantees, interest rate concession, fiscal incentives, and adequate training for SMEs as the factors that will drive the rapid transformations and development of the SME sector in Nigeria.
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Books on the topic "Performance – Management ; Small business – Nigeria"

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Obeleagu-Nzelibe, C. G. Management of small scale business in Nigeria. Enugu, Nigeria: Fourth Dimension Pub. Co., 1990.

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Osuala, Esogwa C. Principles and practice of small business management in Nigeria. Nsukka: Fulladu Pub. Co., 1993.

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Mawoli, Mohammed A. Entrepreneurship and small business management in 21st century Nigeria. Makurdi, Benue State, Nigeria: Aboki Publishers, 2010.

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Nwachukwu, Celestine C. The practice of entrepreneurship in Nigeria. Onitsha, Nigeria: Africana-FEP Publishers, 1990.

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1955-, Watson Robert, ed. Small firm management: Ownership, finance, and performance. Oxford, UK: Blackwell Business, 1993.

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Burke, Ronald J., and Cary L. Cooper. Human resource management in small business: Achieving peak performance. Cheltenham, UK: Edward Elgar, 2011.

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National School of Business Studies Conference (1st 1996 Auchi, Nigeria). Strategic issues in the management of small-scale enterprises in Nigeria. Benin City: Joeseg Associates, 2002.

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Small business: Management and performance : survival for engineering firms. Aldershot: Avebury, 1991.

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Centre for African Settlement Studies and Development. The performance and problems of small scale industries in Nigeria: Findings from empirical research. Ibadan: The Centre, 1992.

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Guy, Gellatly, ed. Innovation strategies and performance in small firms. Cheltenham, UK: E. Elgar, 2004.

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Book chapters on the topic "Performance – Management ; Small business – Nigeria"

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Dewhurst, Jim, and Paul Burns. "Relative Performance of SMEs." In Small Business Management, 397–402. London: Palgrave Macmillan UK, 1993. http://dx.doi.org/10.1007/978-1-349-23109-6_23.

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Kirchmer, Mathias. "Small and Medium Enterprises Need Value-Driven BPM." In High Performance Through Business Process Management, 169–82. Cham: Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-51259-4_10.

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Maraghini, Maria Pia. "New Integrated Information Systems and Management Control Change in Small and Medium Enterprises." In Business Performance Measurement and Management, 13–37. Berlin, Heidelberg: Springer Berlin Heidelberg, 2009. http://dx.doi.org/10.1007/978-3-642-04800-5_2.

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Parisi, Cristiana, and Maria Pia Maraghini. "Operationalising Sustainability: How Small and Medium Sized Enterprises Translate Social and Environmental Issues into Practice." In Business Performance Measurement and Management, 131–47. Berlin, Heidelberg: Springer Berlin Heidelberg, 2009. http://dx.doi.org/10.1007/978-3-642-04800-5_9.

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Locatelli, Giorgio, and Mauro Mancini. "How Small Firms in the High Quality Food Sector Can Improve Their Business Performance: The Ligurian Oil Case Study." In Business Performance Measurement and Management, 89–101. Berlin, Heidelberg: Springer Berlin Heidelberg, 2009. http://dx.doi.org/10.1007/978-3-642-04800-5_6.

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Sanda, Mohammed-Aminu. "Charismatic Influence and Organizing Capability as Unique Managerial Self-efficacies for Effective Small Firm Performance in Developing Economy." In Advances in Human Factors, Business Management, Training and Education, 419–31. Cham: Springer International Publishing, 2016. http://dx.doi.org/10.1007/978-3-319-42070-7_38.

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Shumilina, Vera, Bogdan Murza, and Aleksandr Shichanin. "Economic and legal support for the activities of an economic entity in the context of a pandemic." In Business security management in modern conditions, 220–28. au: AUS PUBLISHERS, 2021. http://dx.doi.org/10.26526/chapter_60258635e2bf71.25158318.

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current problems are the instability of the regulatory framework; monopolism of large companies and suppression of small businesses; economic crime and corruption; insufficient number of qualified specialists of higher and middle management of enterprises, including security managers; low level of reliability of performance of contractual obligations; illegal activities of competitors, etc. In this regard, the majority of Russian entrepreneurs, scientists and practitioners face an urgent problem of legal support for business activities, finding ways to solve the problems of reliable protection of the legitimate interests and rights of economic entities
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Michie, Jonathan, and Maura Sheehan. "Business Strategy, Human Resource Management and Corporate Performance: Evidence from Small Firms in the UK and US." In Determinants of Innovative Behaviour, 13–42. London: Palgrave Macmillan UK, 2008. http://dx.doi.org/10.1057/9780230285736_2.

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Klučka, J. "Business performance management in small and medium enterprises." In New Trends in Process Control and Production Management, 259–62. CRC Press, 2017. http://dx.doi.org/10.1201/9781315163963-49.

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Herlinawati, A. E., A. Machmud, and S. Suryana. "Analysis of small medium enterprise business performance in Indonesia." In Advances in Business, Management and Entrepreneurship, 905–7. CRC Press, 2020. http://dx.doi.org/10.1201/9780429295348-191.

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Conference papers on the topic "Performance – Management ; Small business – Nigeria"

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"Working Capital Management and Firm Performance: Qualitative Evidence from Nigeria." In rd Joint International Conference on Accounting, Business, Economics and Politics. Tishk International University, 2021. http://dx.doi.org/10.23918/icabep2021p42.

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George, Olusoji, Nedo Osayande, and Godbless Akaighe. "Announcing the Arrival of Social Performance from Corporate Social Responsibility via Corporate Social Performance:The Shell Nigeria Experience." In International Conference on Business, Management and Finance. Acavent, 2019. http://dx.doi.org/10.33422/icbmf.2019.03.64.

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Hurriyati, Ratih, Girang Razati, S. Sulastri, and Novian Perdana Putra. "Entrepreneur Skills on Business Performance of Small and Medium Enterprise." In 2016 Global Conference on Business, Management and Entrepreneurship. Paris, France: Atlantis Press, 2016. http://dx.doi.org/10.2991/gcbme-16.2016.148.

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Kalogera, Maria, Antonios Georgopoulos, and Panagiota Boura. "IS THERE A LINK BETWEEN FIRMS’ EXPORT ACTIVITY AND ECONOMIC PERFORMANCE IN A SMALL OPEN ECONOMY? EVIDENCE FROM GREECE." In 11th Business & Management Conference, Dubai. International Institute of Social and Economic Sciences, 2020. http://dx.doi.org/10.20472/bmc.2020.011.007.

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Sultan, Fahad. "Enterprise Training and Business Performance: A Case of Small Business Manufacturing Sector in the West Midlands." In 8th international conference on Management, Economics and Humanities. acavent, 2018. http://dx.doi.org/10.33422/8icmeh.2018.12.41.

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Peyravi, Bahman. "ASSESSMENT OF NATIONAL INNOVATION PERFORMANCE OF THE BALTIC COUNTRIES." In Business and Management 2016. VGTU Technika, 2016. http://dx.doi.org/10.3846/bm.2016.47.

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This paper’s aim is to assess national innovation performance of Baltic countries (Lithuania, Latvia and Estonia) based on European innovation scoreboard results. The paper leans on the performance on each indicator and analyses the main factors behind the development in innovation performances in each country. The main underline of the paper is to explore the main factors which have been developed after being member of the European Union. The results of the paper indicates the inability achieve the standard of human capital, the impact of small economy. Estonia has higher innovation performance among other Baltic states; successful attraction of the foreign investment can be seen as the main cause. Furthermore, the positive relation with Nordic states and favorable tax policy in notable force for higher innovation performance in Estonia.
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Trisnasih, F. D., L. Layyinaturrobaniyah, and A. M. Siregar. "Influence of Microcredit and Business Management Training to Micro and Small Business Performance in West Java, Indonesia." In 3rd Global Conference On Business, Management, and Entrepreneurship (GCBME 2018). Paris, France: Atlantis Press, 2020. http://dx.doi.org/10.2991/aebmr.k.200131.031.

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Quaye, Daniel, Isaac Mensah, and Charles Andoh. "Digitization, Customer Engagement and Performance of Small and Medium Enterprises in Ghana." In 2nd International Conference on Advanced Research in Business, Management and Economics. GLOBALKS, 2019. http://dx.doi.org/10.33422/2nd.icabme.2019.12.883.

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Nuringsih, Kartika, Rodhiah Rodhiah, and Khairina Natsir. "Using Quality Cycle in Maintaining the Quality and Performance of Small-Scale Herbal Enterprises." In Ninth International Conference on Entrepreneurship and Business Management (ICEBM 2020). Paris, France: Atlantis Press, 2021. http://dx.doi.org/10.2991/aebmr.k.210507.024.

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Rifai, Rudi Asfar, and Deden Abdul Wahab Syaroni. "The Effect of Innovation on Performance in Micro, Small, and Medium Enterprises." In Proceedings of the International Conference on Business, Economic, Social Science, and Humanities – Economics, Business and Management Track (ICOBEST-EBM 2019). Paris, France: Atlantis Press, 2020. http://dx.doi.org/10.2991/aebmr.k.200108.014.

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Reports on the topic "Performance – Management ; Small business – Nigeria"

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African Open Science Platform Part 1: Landscape Study. Academy of Science of South Africa (ASSAf), 2019. http://dx.doi.org/10.17159/assaf.2019/0047.

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This report maps the African landscape of Open Science – with a focus on Open Data as a sub-set of Open Science. Data to inform the landscape study were collected through a variety of methods, including surveys, desk research, engagement with a community of practice, networking with stakeholders, participation in conferences, case study presentations, and workshops hosted. Although the majority of African countries (35 of 54) demonstrates commitment to science through its investment in research and development (R&D), academies of science, ministries of science and technology, policies, recognition of research, and participation in the Science Granting Councils Initiative (SGCI), the following countries demonstrate the highest commitment and political willingness to invest in science: Botswana, Ethiopia, Kenya, Senegal, South Africa, Tanzania, and Uganda. In addition to existing policies in Science, Technology and Innovation (STI), the following countries have made progress towards Open Data policies: Botswana, Kenya, Madagascar, Mauritius, South Africa and Uganda. Only two African countries (Kenya and South Africa) at this stage contribute 0.8% of its GDP (Gross Domestic Product) to R&D (Research and Development), which is the closest to the AU’s (African Union’s) suggested 1%. Countries such as Lesotho and Madagascar ranked as 0%, while the R&D expenditure for 24 African countries is unknown. In addition to this, science globally has become fully dependent on stable ICT (Information and Communication Technologies) infrastructure, which includes connectivity/bandwidth, high performance computing facilities and data services. This is especially applicable since countries globally are finding themselves in the midst of the 4th Industrial Revolution (4IR), which is not only “about” data, but which “is” data. According to an article1 by Alan Marcus (2015) (Senior Director, Head of Information Technology and Telecommunications Industries, World Economic Forum), “At its core, data represents a post-industrial opportunity. Its uses have unprecedented complexity, velocity and global reach. As digital communications become ubiquitous, data will rule in a world where nearly everyone and everything is connected in real time. That will require a highly reliable, secure and available infrastructure at its core, and innovation at the edge.” Every industry is affected as part of this revolution – also science. An important component of the digital transformation is “trust” – people must be able to trust that governments and all other industries (including the science sector), adequately handle and protect their data. This requires accountability on a global level, and digital industries must embrace the change and go for a higher standard of protection. “This will reassure consumers and citizens, benefitting the whole digital economy”, says Marcus. A stable and secure information and communication technologies (ICT) infrastructure – currently provided by the National Research and Education Networks (NRENs) – is key to advance collaboration in science. The AfricaConnect2 project (AfricaConnect (2012–2014) and AfricaConnect2 (2016–2018)) through establishing connectivity between National Research and Education Networks (NRENs), is planning to roll out AfricaConnect3 by the end of 2019. The concern however is that selected African governments (with the exception of a few countries such as South Africa, Mozambique, Ethiopia and others) have low awareness of the impact the Internet has today on all societal levels, how much ICT (and the 4th Industrial Revolution) have affected research, and the added value an NREN can bring to higher education and research in addressing the respective needs, which is far more complex than simply providing connectivity. Apart from more commitment and investment in R&D, African governments – to become and remain part of the 4th Industrial Revolution – have no option other than to acknowledge and commit to the role NRENs play in advancing science towards addressing the SDG (Sustainable Development Goals). For successful collaboration and direction, it is fundamental that policies within one country are aligned with one another. Alignment on continental level is crucial for the future Pan-African African Open Science Platform to be successful. Both the HIPSSA ((Harmonization of ICT Policies in Sub-Saharan Africa)3 project and WATRA (the West Africa Telecommunications Regulators Assembly)4, have made progress towards the regulation of the telecom sector, and in particular of bottlenecks which curb the development of competition among ISPs. A study under HIPSSA identified potential bottlenecks in access at an affordable price to the international capacity of submarine cables and suggested means and tools used by regulators to remedy them. Work on the recommended measures and making them operational continues in collaboration with WATRA. In addition to sufficient bandwidth and connectivity, high-performance computing facilities and services in support of data sharing are also required. The South African National Integrated Cyberinfrastructure System5 (NICIS) has made great progress in planning and setting up a cyberinfrastructure ecosystem in support of collaborative science and data sharing. The regional Southern African Development Community6 (SADC) Cyber-infrastructure Framework provides a valuable roadmap towards high-speed Internet, developing human capacity and skills in ICT technologies, high- performance computing and more. The following countries have been identified as having high-performance computing facilities, some as a result of the Square Kilometre Array7 (SKA) partnership: Botswana, Ghana, Kenya, Madagascar, Mozambique, Mauritius, Namibia, South Africa, Tunisia, and Zambia. More and more NRENs – especially the Level 6 NRENs 8 (Algeria, Egypt, Kenya, South Africa, and recently Zambia) – are exploring offering additional services; also in support of data sharing and transfer. The following NRENs already allow for running data-intensive applications and sharing of high-end computing assets, bio-modelling and computation on high-performance/ supercomputers: KENET (Kenya), TENET (South Africa), RENU (Uganda), ZAMREN (Zambia), EUN (Egypt) and ARN (Algeria). Fifteen higher education training institutions from eight African countries (Botswana, Benin, Kenya, Nigeria, Rwanda, South Africa, Sudan, and Tanzania) have been identified as offering formal courses on data science. In addition to formal degrees, a number of international short courses have been developed and free international online courses are also available as an option to build capacity and integrate as part of curricula. The small number of higher education or research intensive institutions offering data science is however insufficient, and there is a desperate need for more training in data science. The CODATA-RDA Schools of Research Data Science aim at addressing the continental need for foundational data skills across all disciplines, along with training conducted by The Carpentries 9 programme (specifically Data Carpentry 10 ). Thus far, CODATA-RDA schools in collaboration with AOSP, integrating content from Data Carpentry, were presented in Rwanda (in 2018), and during17-29 June 2019, in Ethiopia. Awareness regarding Open Science (including Open Data) is evident through the 12 Open Science-related Open Access/Open Data/Open Science declarations and agreements endorsed or signed by African governments; 200 Open Access journals from Africa registered on the Directory of Open Access Journals (DOAJ); 174 Open Access institutional research repositories registered on openDOAR (Directory of Open Access Repositories); 33 Open Access/Open Science policies registered on ROARMAP (Registry of Open Access Repository Mandates and Policies); 24 data repositories registered with the Registry of Data Repositories (re3data.org) (although the pilot project identified 66 research data repositories); and one data repository assigned the CoreTrustSeal. Although this is a start, far more needs to be done to align African data curation and research practices with global standards. Funding to conduct research remains a challenge. African researchers mostly fund their own research, and there are little incentives for them to make their research and accompanying data sets openly accessible. Funding and peer recognition, along with an enabling research environment conducive for research, are regarded as major incentives. The landscape report concludes with a number of concerns towards sharing research data openly, as well as challenges in terms of Open Data policy, ICT infrastructure supportive of data sharing, capacity building, lack of skills, and the need for incentives. Although great progress has been made in terms of Open Science and Open Data practices, more awareness needs to be created and further advocacy efforts are required for buy-in from African governments. A federated African Open Science Platform (AOSP) will not only encourage more collaboration among researchers in addressing the SDGs, but it will also benefit the many stakeholders identified as part of the pilot phase. The time is now, for governments in Africa, to acknowledge the important role of science in general, but specifically Open Science and Open Data, through developing and aligning the relevant policies, investing in an ICT infrastructure conducive for data sharing through committing funding to making NRENs financially sustainable, incentivising open research practices by scientists, and creating opportunities for more scientists and stakeholders across all disciplines to be trained in data management.
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