The Effect of Business Climate. On Performance of Small and Medium Scale Enterprises (SMEs) in Nigeria

      Аннотация: This book investigated The Effect of Business Climate on Performance of Small and Medium Scale Enterprises (SMEs) in Nigeria. Specifically, it identified the various business climates affecting SMEs, examined the impact of business climate on the sales turnover of SMEs, and also evaluated the effect of business climate on Total Factor Productivity (TFP) of SMEs in Nigeria. The study utilized secondary data collected from 2,783 registered businesses cutting across manufacturing, production, financial services, agriculture and agro-allied businesses, transportation, food and beverages, education, mines and minerals, and other services. The data collected were analyzed using descriptive statistics such as mean and standard deviation and inferential statistics such as Stochastic Frontier Analysis and Regression Analysis to test the hypotheses and determine the contribution of the independent variables (electricity, labor, infrastructure, cost of and access to finance, education and government policies) to the variations in the dependent variables (sales turnover and TFP).

Ключевые слова: Market Orientation Theory, Environmental Influence Theory, General Productivity Theory, Business Constraints Theory, Nigerian Business Climate, Business Climatic Factors, business performance, globalisation, taxes, education