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All Journal ASIAN JOURNAL OF ISLAMIC MANAGEMENT (AJIM) Journal of Interdisciplinary Socio-Economic and Community Study
Adeoye, Olumuyiwa Oluseun
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Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Social Sciences Other

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Influence of student factors on entrepreneurial intentions: Evidence from Nigeria Adeoye, Olumuyiwa Oluseun; Olubiyi, Timilehin Olasoji
Asian Journal of Islamic Management (AJIM) VOLUME 6 ISSUE 1, 2024
Publisher : Faculty of Business & Economics, Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/AJIM.vol6.iss1.art1

Abstract

Purpose – This study aims to identify the factors influencing entrepreneurial intentions among private university students in South-West Nigeria, and to determine their significance.Methodology – The study population consisted of final-year students from the Faculty/College of Business and Social Sciences across 11 selected private universities in South-West, Nigeria, offering entrepreneurship courses. This study used a sample of 623 students. Data were collected using a self-developed instrument with a reliability coefficient of 0.847 for student-related factors and 0.80 a entrepreneurial intentions. The Relative Significance Index (RSI) and multiple regression analyses were used.Findings – The results revealed that most students perceived several factors as influential on entrepreneurial intention. The key factors were students’ personal factors, family history, technical abilities, and parental attitude. Despite recognizing these influences, many students lacked the skills to solve challenges and effectively utilized technical literature and other information sources. Multiple regression analysis indicated that student parental attitude, student personal factors, and technical abilities significantly influenced entrepreneurial intentions.Implications – This study highlights the importance of enhancing students' personal factors, technical abilities, and parental attitudes to foster entrepreneurial intention. Educational institutions and policymakers should focus on these areas to cultivate an entrepreneurial mindset among students.Originality – This study provides empirical evidence on the determinants of entrepreneurial intentions among private university students in Nigeria, contributing to a broader understanding of how personal, familial, and technical factors shape entrepreneurial aspirations.
Unveiling Capital Structure Determinants, Business Characteristics and High-Growth Performance of Small and Medium-Sized Enterprises: Evidence from Nigeria Adeoye, Olumuyiwa Oluseun; Olubiyi, Timilehin Olasoji; Ajiteru, Waheed Olayemi; Adaranijo, Luqman Olatunde
Journal of Interdisciplinary Socio-Economic and Community Study Vol. 3 No. 2 (2023): December 2023
Publisher : Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/jiscos.03.2.05

Abstract

Recent interest among both SME operators and academics/professionals in determining what factors influence the capital structure and performance of SMEs has increased. Possible cause includes increased focus on the role that small and medium-sized enterprises (SMEs) play in driving economic growth. This research evaluated the factors that influence small and medium-sized enterprises' capital structures, as well as their performance predictors, financial accessibility factors, firm characteristics that predict their capital structures, and the impact of capital structure on SMEs' profitability. It was decided to conduct a survey study, with the help of a properly designed questionnaire. The population included both small and medium-sized enterprise (SME) owners and operators in the study area (South-West, Nigeria). Four hundred small and medium-sized enterprises (SMEs) purposefully chosen using purposive and proportionate procedure from each state in the region and asked to fill out an online questionnaire (Google Form) to collect the data. This study found a significant relationship between capital structure and the performance of small and medium-sized enterprises (SMEs) in Nigeria's Southwest region. Formal strategic plans, consistent operational procedures, positive work relationships, and the presence of formal business plans were found to have a significant impact on the financial decisions of SMEs, thereby improving overall business performance. Furthermore, the factors influencing SMEs' capital structure decisions include both strategic and organisational components, emphasising the importance of formal strategic planning, consistent operational procedures, positive work relationships, and formal business plans.
Co-Authors Adaranijo, Luqman Olatunde Ajiteru, Waheed Olayemi Olubiyi, Timilehin Olasoji