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Employee Fidelity and the Survival of Micro and Small Scale Businesses in Nigeria

Author

Listed:
  • Abraham Ehiorobo Osa

    (Department of Business Administration, University of Lagos, Nigeria)

Abstract

This research examines the impact of employee fidelity on the survival of micro and small scale enterprises in Nigeria. The mortality rate of small businesses in Nigeria is alarming. Most previous studies tend to concentrate on the managerial, technical, educational and even capital deficiencies of the entrepreneurs but this study focuses on the employees. Multi-stage sampling technique was used to identify suitable candidates for the study and discriminant function analysis was used for data analysis. Findings reveal that capital inadequacy and employee theft account for the failure small businesses in Nigeria. The study is significant to entrepreneurs to avert failure and for further research by academics.

Suggested Citation

  • Abraham Ehiorobo Osa, 2020. "Employee Fidelity and the Survival of Micro and Small Scale Businesses in Nigeria," Studia Commercialia Bratislavensia, Sciendo, vol. 13(44), pages 87-101, June.
  • Handle: RePEc:vrs:stcomb:v:13:y:2020:i:44:p:87-101:n:4
    DOI: 10.2478/stcb-2020-0005
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    References listed on IDEAS

    as
    1. Paul Matthews, 2007. "ICT assimilation and SME expansion," Journal of International Development, John Wiley & Sons, Ltd., vol. 19(6), pages 817-827.
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    More about this item

    Keywords

    Fidelity; survival; employee; theft; mortality;
    All these keywords.

    JEL classification:

    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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