Effect of Globalization on the Performance of Small and Medium Scale Enterprises in Nigeria

Abstract

The examined the effect of globalization on the performance of small and medium scale enterprises in Nigeria. The research design adopted for the study is ex-post facto and the population of this is all the small and medium scale enterprises in Abuja. The population of the study is 72838 and was used as the sample size. Globalization was measured by trade openness and small and medium scale enterprise performance was measured by SMEs output. The study covered a period of 32 years from 1986-2018. The statistical tools adopted in this study were descriptive statistics, correlation analysis, unit root test, co-integration and granger causality test. The analysis was conducted using e-view statistical software and the finding indicate that globalization influence the performance of small and medium scale enterprises in Nigeria. The study suggested that Nigerian government of Nigeria should encourage import and export of small and medium scale products and service across border and they should also place little or no restriction on SMEs products and services in order to encourage the SMEs output growth in Nigeria.

Improving Employee Performance Through the Use of Social Media at the Workplace: Mediated by Employee Engagement and Job Satisfaction

“…Some of phenomena above further strengthen the results of previous research, which found that using the social media can improve the employee performance (Hang, 2020). In contrast, the research results of Murat et al (2018) found that social media has no significant relationship to employee performance. The entertainment features available on social media cause employees to misuse social media for other purposes unrelated to work while working.…”

“…Another fact shows that each faculty has not provided clear regulations regarding the use of social media, so it is possible the employees still access other features without having anything to do with work. According to Murat et al (2018), social media has entertainment features that are feared to be misused during working hours. Therefore, it is important for organizations to regularly monitor employees so that they do not interfere with work.…”

“…One of the variables that can be studied further for the future research is deviant behavior. According to Murat et al (2018), some social media have entertainment features that employees fear will be misused during working hours. Based on these considerations, the deviant behavior variable is relevant enough to be added to further research.…”

Does trade openness influence the performance of small and medium enterprises in Nigeria? A re-evaluation of the evidence

“…The caveat, however, is that this positive impact is insignificant. This implies that although SMEs benefitted from the external economies provided by trade liberalisation (as earlier endorsed by Murat and Isaac, 2019 ), the proportion of their performance associated with liberalisation is quite low or inconsiderable. Our finding is corroborated by Oladimeji and Muhammed (2017) , who document that trade openness insignificantly impacts the growth of SMEs in Nigeria.…”

Landscape Discussion of Oil Rents and Primary Government Expenditure Budget

“…Graph 5 illustrates the trend of oil rents and PGEB in Nigeria. The country reduced its reliance on oil sector for PGEB formulation, as its trade sector and information and communications technology (ICT) domain began progressing (Murat & Isaac, 2019). In 2005, the oil rent was 18.58% of the GDP and the PGEB was 8.62%, but the tax revenue was only 2.88%.…”