Evaluating the Role of Nigerian Bankruptcy Law in Enhancing Female Entrepreneurship in Nigeria

The study focused on the role of Nigerian bankruptcy law in fostering female entrepreneurship. The study examined how the current bankruptcy law supports female entrepreneurship in Nigeria. This was motivated by the Nigerian government’s recent entrepreneurship drive to meet the country’s excessive...

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Main Authors: Omoseni Adepoju, Tobi Nwulu, Love David
Format: Article
Language:English
Published: MDPI AG 2022-09-01
Series:Businesses
Subjects:
Online Access:https://www.mdpi.com/2673-7116/2/4/25
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author Omoseni Adepoju
Tobi Nwulu
Love David
author_facet Omoseni Adepoju
Tobi Nwulu
Love David
author_sort Omoseni Adepoju
collection DOAJ
description The study focused on the role of Nigerian bankruptcy law in fostering female entrepreneurship. The study examined how the current bankruptcy law supports female entrepreneurship in Nigeria. This was motivated by the Nigerian government’s recent entrepreneurship drive to meet the country’s excessive challenge of unemployment and poverty. Five principles were utilised in this study to measure current Nigerian bankruptcy law to evaluate its effect on the female entrepreneurship drive in Nigeria. The study adopted a qualitative research methodology to evaluate legal doctrines and relevant literatures. The study’s findings revealed that the present Nigerian bankruptcy law is not entirely favourable to female entrepreneurship. This conclusion was arrived at having measured the Nigerian bankruptcy law against five testable principles. These principles were developed to help as a guide in measuring bankruptcy laws to determine whether they are entrepreneur-friendly. In light of this, recommendations were proffered to reform the current bankruptcy law to introduce better policies that enhance female entrepreneurship.
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spelling doaj.art-3414815c9b9141dd8fc46a1b058a7b492023-11-16T16:13:49ZengMDPI AGBusinesses2673-71162022-09-012439640910.3390/businesses2040025Evaluating the Role of Nigerian Bankruptcy Law in Enhancing Female Entrepreneurship in NigeriaOmoseni Adepoju0Tobi Nwulu1Love David2Department of Business Administration, Lead City University, Ibadan 200255, NigeriaPost Graduate School, Pan African University for Life and Earth Sciences Institute, Ibadan 200284, NigeriaDepartment of Construction Management and Quantity Surveying, University of Johannesburg, Johannesburg 2006, South AfricaThe study focused on the role of Nigerian bankruptcy law in fostering female entrepreneurship. The study examined how the current bankruptcy law supports female entrepreneurship in Nigeria. This was motivated by the Nigerian government’s recent entrepreneurship drive to meet the country’s excessive challenge of unemployment and poverty. Five principles were utilised in this study to measure current Nigerian bankruptcy law to evaluate its effect on the female entrepreneurship drive in Nigeria. The study adopted a qualitative research methodology to evaluate legal doctrines and relevant literatures. The study’s findings revealed that the present Nigerian bankruptcy law is not entirely favourable to female entrepreneurship. This conclusion was arrived at having measured the Nigerian bankruptcy law against five testable principles. These principles were developed to help as a guide in measuring bankruptcy laws to determine whether they are entrepreneur-friendly. In light of this, recommendations were proffered to reform the current bankruptcy law to introduce better policies that enhance female entrepreneurship.https://www.mdpi.com/2673-7116/2/4/25government policiesfemale entrepreneurNigerian bankruptcy law
spellingShingle Omoseni Adepoju
Tobi Nwulu
Love David
Evaluating the Role of Nigerian Bankruptcy Law in Enhancing Female Entrepreneurship in Nigeria
Businesses
government policies
female entrepreneur
Nigerian bankruptcy law
title Evaluating the Role of Nigerian Bankruptcy Law in Enhancing Female Entrepreneurship in Nigeria
title_full Evaluating the Role of Nigerian Bankruptcy Law in Enhancing Female Entrepreneurship in Nigeria
title_fullStr Evaluating the Role of Nigerian Bankruptcy Law in Enhancing Female Entrepreneurship in Nigeria
title_full_unstemmed Evaluating the Role of Nigerian Bankruptcy Law in Enhancing Female Entrepreneurship in Nigeria
title_short Evaluating the Role of Nigerian Bankruptcy Law in Enhancing Female Entrepreneurship in Nigeria
title_sort evaluating the role of nigerian bankruptcy law in enhancing female entrepreneurship in nigeria
topic government policies
female entrepreneur
Nigerian bankruptcy law
url https://www.mdpi.com/2673-7116/2/4/25
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AT lovedavid evaluatingtheroleofnigerianbankruptcylawinenhancingfemaleentrepreneurshipinnigeria