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Entrepreneurial Orientation and Financial Performance of Nigerian SMEs

Entrepreneurial Orientation and Financial Performance of Nigerian SMEs PDF Author: Mohammed Sanusi Magaji
Publisher:
ISBN:
Category : Entrepreneurship
Languages : en
Pages : 209

Book Description
The growth and survival rate of small and medium-sized enterprises (SMEs) in Nigeria has been one of the major concerns of the policy makers, practitioners and scholars. The strategy and entrepreneurship literature suggests that an entrepreneurial orientation (EO) improves firm performance, but empirical results are mixed. In this study, we investigate how EO dimensions; innovativeness, proactiveness, risk-taking and competitive aggressiveness), affect financial performance of SMEs in Nigeria. In doing so, the study examines the moderating impact of key environmental characteristics; dynamism and hostility on these relationships. The sample used was SMEs in Kano State-Nigeria, with the following characteristics; (a) having at least 10 employees and a maximum of 300 workers, (b) small and medium-sized enterprises, (c) standing alone, not a subsidiary or branch companies (d) and based in Kano State Nigeria. The respondents were the owner/managers of SMEs in the study area. A total of 352 owner/managers participated in the research. Data collected were analyzed, utilizing multiple regressions and hierarchical multiple regression analysis implemented in SPSS version 17, statistical program .Our findings indicate, that hypotheses 1-4 are supported, while hypotheses 5-11 are partially supported except for that regarding the moderating impact of environmental dynamism on the proactive- performance relationship, which was not found to be significant. These findings demonstrate that EO dimensions alone are not a significant determinant of financial performance for SMEs in Nigeria; it is being influenced by environmental dynamism and hostility. The implications of these findings for both researchers and managers are also discussed. The study contributes to the expanding field of EO research and provides additional insight into the strategic behavior of firms in a variety of environmental contexts.

Entrepreneurial Orientation and Financial Performance of Nigerian SMEs

Entrepreneurial Orientation and Financial Performance of Nigerian SMEs PDF Author: Mohammed Sanusi Magaji
Publisher:
ISBN:
Category : Entrepreneurship
Languages : en
Pages : 209

Book Description
The growth and survival rate of small and medium-sized enterprises (SMEs) in Nigeria has been one of the major concerns of the policy makers, practitioners and scholars. The strategy and entrepreneurship literature suggests that an entrepreneurial orientation (EO) improves firm performance, but empirical results are mixed. In this study, we investigate how EO dimensions; innovativeness, proactiveness, risk-taking and competitive aggressiveness), affect financial performance of SMEs in Nigeria. In doing so, the study examines the moderating impact of key environmental characteristics; dynamism and hostility on these relationships. The sample used was SMEs in Kano State-Nigeria, with the following characteristics; (a) having at least 10 employees and a maximum of 300 workers, (b) small and medium-sized enterprises, (c) standing alone, not a subsidiary or branch companies (d) and based in Kano State Nigeria. The respondents were the owner/managers of SMEs in the study area. A total of 352 owner/managers participated in the research. Data collected were analyzed, utilizing multiple regressions and hierarchical multiple regression analysis implemented in SPSS version 17, statistical program .Our findings indicate, that hypotheses 1-4 are supported, while hypotheses 5-11 are partially supported except for that regarding the moderating impact of environmental dynamism on the proactive- performance relationship, which was not found to be significant. These findings demonstrate that EO dimensions alone are not a significant determinant of financial performance for SMEs in Nigeria; it is being influenced by environmental dynamism and hostility. The implications of these findings for both researchers and managers are also discussed. The study contributes to the expanding field of EO research and provides additional insight into the strategic behavior of firms in a variety of environmental contexts.

The Effect of Entrepreneurial Orientation on Financial Performance of Firms

The Effect of Entrepreneurial Orientation on Financial Performance of Firms PDF Author: Belinda Jane Owusu
Publisher:
ISBN: 9783346717023
Category :
Languages : en
Pages : 0

Book Description
Master's Thesis from the year 2017 in the subject Business economics - Accounting and Taxes, grade: 4.07, Kwame Nkrumah University of Science and Technology (School of Business), course: Bsc Accounting, language: English, abstract: The study examined the effect of entrepreneurial orientation on financial performance of SMEs using selected small and medium scale enterprises. The population of the study is made up of SMEs owner/managers of the metropolis. The study was done using an overall sample size of 120 SMEs owner/managers out of which 118 responses were received which constitute 98.3% response rate. Respondents were chosen using both purposive and convenient sampling techniques. The software utilized in data analysis was Statistical Package for Social Science version 20, and data was interpreted using regression, percentages, mean, and standard deviation. Risk-taking propensity, innovativeness, and competitive aggressiveness (independent variables) were found to have a significant effect on financial performance of SMEs (dependent variable). This research will educate enterprise managers and entrepreneurs in numerous industries on the elements that influence entrepreneurial behavior, improve company performance, and assist the growth and development of their businesses at the firm level. The research will also give senior executive and management personnel at company's access to the resources they need to make long-term decisions, allowing them to improve their competitive postures and capacities by improving their financial performance. Another important value of this research is that the findings will give information to the government that can be utilized as inputs for policy creation related to entrepreneurship and entrepreneurial orientation. This research will add to the existing body of knowledge by presenting a fresh scenario and dimensions for bridging the gap in entrepreneurial success in developing countries.

Market Orientation, Knowledge Management, Entrepreneurial Orientation and Performance of Nigeria SMEs

Market Orientation, Knowledge Management, Entrepreneurial Orientation and Performance of Nigeria SMEs PDF Author: Aliyu Mukhtar Shehu
Publisher:
ISBN:
Category : Entrepreneurship
Languages : en
Pages : 442

Book Description


Entrepreneurial Orientation and Performance of SMES in Nigeria

Entrepreneurial Orientation and Performance of SMES in Nigeria PDF Author: Nera Ebenezer Mansi
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description


The Impact of Entrepreneurial Orientation on SMEs' Performance in Nigeria

The Impact of Entrepreneurial Orientation on SMEs' Performance in Nigeria PDF Author: Gbemisola Ogbolu
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description


The Impact of Entrepreneurial Orientation and Networking Capabilities on the Export Performance of Nigerian Argicultural SMEs

The Impact of Entrepreneurial Orientation and Networking Capabilities on the Export Performance of Nigerian Argicultural SMEs PDF Author: Busayo John Ajayi
Publisher:
ISBN:
Category :
Languages : en
Pages : 532

Book Description


The Impact of Entrepreneurial Orientation and Networking Capabilities on the Export Performance of Nigerian Agricultural SMEs

The Impact of Entrepreneurial Orientation and Networking Capabilities on the Export Performance of Nigerian Agricultural SMEs PDF Author: Busayo John Ajayi
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description


Entrepreneurial Orientation

Entrepreneurial Orientation PDF Author: Andrew C. Corbett
Publisher: Emerald Group Publishing
ISBN: 183867571X
Category : Business & Economics
Languages : en
Pages : 360

Book Description
In a world defined by increasing uncertainty and complexity, understanding the concept of Entrepreneurial Orientation (EO) is of critical importance. This volume convenes some of the world’s leading experts on EO to provide readers with an overview of the current state of EO research and set a compelling agenda for its future.

ICOSS 2018

ICOSS 2018 PDF Author: Umiyati Mirsa
Publisher: European Alliance for Innovation
ISBN: 1631901664
Category : Education
Languages : en
Pages : 346

Book Description
Social science is all the field of science that deals with human beings in their social context or all areas of science that people study as members of society. A s people who are engaged in social science, we must be sensitive to social phenomena in society, especially those associated with tourism in Bali. Therefore, the conference named International Conference of Social Science (ICOSS) on the role of social science for sustainable tourism development in Bali is held which involves Social Science fields, such as; economics, law, socio-politics, and language

Global Business and Management Research

Global Business and Management Research PDF Author: Mehran Nejati
Publisher: Universal-Publishers
ISBN: 1612330045
Category :
Languages : en
Pages : 112

Book Description
The Journal of Global Business and Management Research (GBMR) strives to comply with highest research standards and scientific/research/practice journals' qualities. Being international and inter-disciplinary in scope, GBMR seeks to provide a platform for debate among diverse academic and practitioner communities who address a broad area of business and management issues across the globe.