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- Title
Employee Fidelity and the Survival of Micro and Small Scale Businesses in Nigeria.
- Authors
Abraham, Ehiorobo Osa
- 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.
- Subjects
NIGERIA; SMALL business; FISHER discriminant analysis; LOYALTY; BUSINESS failures; EMPLOYEE theft
- Publication
Studia Commercialia Bratislavensia, 2020, Vol 13, Issue 44, p87
- ISSN
1337-7493
- Publication type
Article
- DOI
10.2478/stcb-2020-0005