Understanding the Impact of Electricity Load Shedding on Small and Medium Enterprises: Exploring Theoretical Underpinnings

Abstract

This paper aims to deepen the understanding of the effects of electricity load shedding on small and medium enterprises (SMEs) by exploring the theoretical frameworks that underpin these impacts. Drawing from resource dependence theory, institutional theory, and stakeholder theory, the article examines how power outages disrupt business operations, influence adaptation strategies, and shape stakeholder dynamics within the SME context. By delving into these theoretical perspectives, the paper provides valuable insights for policymakers, practitioners, and researchers seeking to mitigate the adverse consequences of electricity load shedding on SMEs.