Social capital and business performance: a study of female-owned SMEs in the Nigerian informal sector

Akintimehin, Olamide Oluwabusola; Ogbechie, Rose

doi:10.1080/13215906.2021.1901140

Cited by 16 publications

(9 citation statements)

References 51 publications

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“…These statements include the fact that women entrepreneurs receive support from family members and maintain strong relationships with customers, thereby enhancing their performance. The results supported the empirical evidence, which indicated business performance as an entity achievable through social capital (Olamide & Ogbechie, 2021;Zaato et al, 2022;Ding, 2022).…”

Section: Discussionsupporting

confidence: 82%

Pentagon capital and performance of Indonesian women entrepreneurs: The role of the adoption of digital technology

Viana Feranita,

Dwimahendrawan,

Asmuni

2024

Problems and Perspectives in Management

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Pentagon capital is a term used to describe the five essential forms of capital: human, social, financial, physical, and intellectual. These five forms of capital play a crucial role in improving the performance of women entrepreneurs. Therefore, this study aims to analyze the effect of these five forms of capital on the performance of women entrepreneurs, both directly and indirectly, through the adoption of digital technology. The analysis was conducted in 38 regencies/cities located in East Java Province, Indonesia, and comprised 268 women entrepreneurs from various business sectors. Following this, the primary data source was collected through the distribution of questionnaires, and the partial least squares structural equation modeling (PLS-SEM) was utilized to assess both the direct and indirect effects of the observed capitals using SmartPLS 4.0 software. The results showed that only social capital had a direct and significant effect on the performance of women entrepreneurs. However, human, financial, physical, and intellectual capital were found to significantly affect the performance of entrepreneurs indirectly through the mediation of the adoption of digital technology. It is also expedient to acknowledge that among the observed variables, financial capital was found to be the most important (19%). These results offered practical understanding for women entrepreneurs on strategies to increase their business income and access loans from financial institutions and government assistance. AcknowledgmentThe authors are grateful to the Ministry of Education, Culture, Research, and Technology of Indonesia for funding this research.

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Section: Discussionsupporting

confidence: 82%

Pentagon capital and performance of Indonesian women entrepreneurs: The role of the adoption of digital technology

Viana Feranita,

Dwimahendrawan,

Asmuni

2024

Problems and Perspectives in Management

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“…Researchers and macroeconomic observers reckon that most governments, including Nigeria, focused in this study engage in the continuous strive to offer support to the transformation of the informal sector to a formal status so as to attain the sustainability and growth of such businesses operating in this sector of the economy [ 28 , 29 ]. They argue that through their transformation they are positioned to make better contributions to the national economy.…”

Section: Literature Reviewmentioning

confidence: 99%

National debt management and business sustainability in Africa’s largest economy: A focus on the private sector

Shang,

Okorie,

Hang

et al. 2023

PLoS ONE

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In many developing economies, high and increasing public debt profile constitutes an essential means of financial risk. An appropriate debt management is germane for survival of business and good international reputation though its effect on private sector credit mobilization had been seldomly investigated. This study seeks to know whether strategic debt management approach exacts a significant effect on the Nigerian private sector and Africa at large resulting to higher credit availability for sustainable enterprise establishment. The study used a time-series observation spanning from 1981–2021. The method of data analysis employed the unit root test for stationarity. Johansen cointegration and vector error correction approach. The result of the unit root test indicates the series were all stationary after first difference and thus were integrated of order1. The Johansen cointegration test support the existence of a cointegrating series between the private credit and its determinants. More empirical evidence from the study shows that proper debt management and increase revenue generation through net taxes on products accounted for 0.93 and 1.32% increase in private sector credit mobilization, while total external debt stock was responsible for a significant negative influence of 0.60% on private sector credit mobilization. The study recommends that the government should always be proactive in their strategic and innovative approach to debt management, revenue generation and sources of funds. This will help not only to avoid crowding out of the private sector but will enhance adequate credit mobilization for effective operations of the private sector.

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“…However, as a means to achieve performance trustworthiness, honesty and kindness (Analia et al, 2020) need to be exhibited by business owners. Other scholars argue that social capital is expressed as information about internal and external resources (Olamide & Ogbechie, 2021) for business.…”

Section: Forms Of Social Capitalmentioning

confidence: 99%

“…Internal forms are referred to as bonding or strong ties (Olamide & Ogbechie, 2021), on which businesses rely to stimulate their performance. In this regard, the internal forms of strong ties for social capital resources employed by the respondents were not limited to social norms, social links, family, friends, knowledge, trustworthiness, personal savings, and partnerships.…”

Section: Internal Formsmentioning

confidence: 99%

“…Further, friends and peer groups to which a business belongs enhance its prosperity. In another study, women were found to rely on less focused and impenetrable social networks of friends for technical advice, financial support, patronage, and referrals (Olamide & Ogbechie, 2021). This means that close friends and appropriate peer groups coupled with strong ties enhance business performance.…”

Section: Internal Formsmentioning

confidence: 99%

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Influence of Social Capital on Small and Medium Enterprises Performance in Wakiso District, Uganda

Mbowa,

Businge,

Ssemaluulu

et al. 2023

IJAMIS

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Purpose: This study examined the influence of Social Capital (SC) on the performance of Small and Medium Enterprises (SMEs) in Wakiso District. Specifically, we identified forms of SC and assessed how they influenced SMEs’ performance in Kitemu Ward. Research methodology: Using qualitative and quantitative methodologies, the study solicited data from 40 participants through interviews and a self-administered questionnaire. Data were edited, cleaned, coded, and entered into MS Excel to generate frequencies and graphs. Content value analysis was used to transcribe the qualitative data and group them into subthemes. Results: The results revealed internal forms of SC, such as friends/peers, trustworthiness, personal saving, family, and social links, while external forms of SC were customers, financial institutions, governments, and companies. Further, SC influences the customer base, leads to high profits, increases sales volume, and enhances creativity and innovation. Limitations: Financial constraints prevented researchers from eliciting data throughout the study area. Furthermore, the small sample size might limit the generalization of the study results to the entire district. In addition, time and data collection biases have implications for this study. Contribution: This study is vital because there are no studies carried out in Kitemu Ward on SC and its influence on SMEs’ performance. The findings can be used by policy and decision-makers to design mechanisms for SMEs’ proprietors to integrate SC into business operations. The literature reveals that SC forms enhance sales, profits, market share, customer base, and accessibility to finance. Novelty: This original study was conducted primarily among women proprietors and managers of SMEs because they are reliable and provide firsthand information as compared to men. Thus, if adopted, the findings are vital for other business proprietors and managers to improve business performance.

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Social capital and business performance: a study of female-owned SMEs in the Nigerian informal sector

Cited by 16 publications

References 51 publications

Pentagon capital and performance of Indonesian women entrepreneurs: The role of the adoption of digital technology

Pentagon capital and performance of Indonesian women entrepreneurs: The role of the adoption of digital technology

National debt management and business sustainability in Africa’s largest economy: A focus on the private sector

Influence of Social Capital on Small and Medium Enterprises Performance in Wakiso District, Uganda

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