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Entrepreneurial and Small Business Operations

Nigeria

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Insider Ownership And The Performance Effects Of Firm Diversification In Nigeria, Ibeawuchi Ibekwe Jan 2021

Insider Ownership And The Performance Effects Of Firm Diversification In Nigeria, Ibeawuchi Ibekwe

Walden Dissertations and Doctoral Studies

Despite the preponderance of diversified firms, the diversification–performance (D–P) relationship and how insider ownership moderates it in Nigeria remains unclear and a concern for decision makers interested in the survival of firms and their contributions to society. This quantitative study was conducted to examine the D–P relationship and how it is associated with insider ownership in Nigeria. Agency theory and institution-based theory formed the theoretical foundation of this study. Four research questions that focused on how diversification is related to firm performance and how insider ownership moderates this relationship were answered using the panel design variant of correlational research. Data …


Strategies For Sourcing Funding For Startup Businesses In Nigeria, Nelly Nwabuisi Adiawari Oburo Jan 2021

Strategies For Sourcing Funding For Startup Businesses In Nigeria, Nelly Nwabuisi Adiawari Oburo

Walden Dissertations and Doctoral Studies

Some small and medium enterprise (SME) owners are challenged with sourcing adequate funds to start and continue in business. Financing SMEs is critical to their owners to ensure they can remain financially viable and continue contributing to Nigeria’s gross domestic product and economic growth. Grounded in the pecking order theory and the financial growth cycle theory, the purpose of this qualitative multiple case study was to explore strategies owners of startup SMEs in Federal Capital Territory (FCT), Nigeria, can adopt to source funds required to start and sustain a business beyond 5 years. Data were collected through semistructured interviews from …


Driving Nigerian Smes Venture Capital Transformational Financing Super-Highway: Focus On The Nigerian Economy, Daibi W. Dagogo Jul 2009

Driving Nigerian Smes Venture Capital Transformational Financing Super-Highway: Focus On The Nigerian Economy, Daibi W. Dagogo

Daibi W Dagogo

The fact that a business started small is not an absolute transcendental sentence to perpetual littleness & ordinariness. This conviction set the stage for the conduct of this study. The prime task was to examine the transformational financing window of venture capital (VC) and its instrumentality in driving small and medium enterprises (SMEs) to the higher heights of greatness and largeness. The key perspectives of VC examined were equity finance, management support, and technical support. A total of 120 copies of questionnaire were administered on SME focal officials (60 each for VC-backed and non-VC-backed) in various parts of Nigeria. The …