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CAPACITY BUILDING AND WOMEN-OWNED SMALL AND MEDIUM ENTERPRISES' (SMEs) PERFORMANCE: EMPIRICAL EVIDENCE FROM SOUTHWEST, NIGERIA Sajuyigbe, Ademola Samuel; Eniola, Anthony Abiodun; Ayeni, Adebanji; Oladejo, Dauda Adewale
Journal of Business And Entrepreneurship Vol. 9 No. 1 (2021): JOURNAL OF BUSINESS AND ENTREPRENEURSHIP (May 2021 Edition)
Publisher : APPS Publications

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Abstract

Women entrepreneurs play a key role in national economies around the world, generate employment and value-added, and contributing to innovation. However, they have been marginalized, culturally excluded from having access to finance, networking, and social progress. This study, therefore, looks at the influence of capacity building on women-owned SMEs’ execution. Particularly, the study determines the influence of financial inclusion strategy, social inclusion strategy, entrepreneurial orientation strategy, and networking skills strategy on women-owned SMEs’ performance. The study adopts a quantitative methodology, and a structured questionnaire that contains an overwhelmingly closed-ended questionnaire was utilized to gather information for analysis purposes. Judgmental sampling procedures were utilized for information assortment, which is known as a nonprobability sampling procedure. Two hundred and twenty (220) questionnaires were recuperated out of three hundred (300) questionnaires dispersed, giving a recovery rate of 73.3%. Analysis of data was done via frequencies, percentages, correlation analysis, and ordinary least square. The results of the investigation reveal that capacity building components are major predictors of women-owned SMEs’ performance. The study also confirms that the capacity building of women entrepreneurs in SMEs through an array of skills in financing, culture re-orientation, risk-taking, and networking are strong predictors of women-owned SMEs’ performance. This development indicates that if women who represent virtually half of the Federal Republic of Nigeria population exploit their full potentials and remodel Nigeria from a developing country into an industrial nation by 2030, they must give the most extreme inclination to capacity building.
Covid-19 and Its Effect on Small Businesses in Nigeria: A Rational Choice Theory and an Empirical Approach Sajuyigbe, Ademola Samuel; Eniola, Anthony Abiodun; Obi, James Nwoye; Peter, Fred Ojochide
JASF: Journal of Accounting and Strategic Finance Vol. 4 No. 1 (2021): JASF (Journal of Accounting and Strategic Finance) - June 2021
Publisher : Accounting Department, Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33005/jasf.v4i1.169

Abstract

The misery and difficulties of the novel deadly infection (COVID-19) are of great concern to analysts, researchers, policymakers, and government agencies over the globe. This investigation examines the effect of the deadly infection (COVID-19) on small businesses in Nigeria, with particular reference to Lagos State. A purposive examining procedure was utilized to choose each of the 321 small businesses owner of Nigeria (ASBON) enlisted in the Lagos Business Directory. Close-ended questionnaires were used to gather data from the members. The data analysis was performed with percentage, mean, chi-square, and component factor analysis. The outcome uncovers that the deadly infection (COVID-19) has injured all the SMEs surveyed. It was discovered that most small businesses are doomed as a result of the negative impact of COVID-19. The assessment using rational choice theory derives that credit accessibility, tax waiver for sectors, the introduction of emergency advances, and flexibility of repayments of existing loans by financial institutions are solid palliative measures that can cushion the effect of the deadly infection (COVID-19).