Determinants oAccess to Finance among Manufacturing Micro, Small and Medium Enterprises in Nigeria
This study investigates the determinants of access to finance among manufacturing micro, small and medium enterprises in Nigeria (MSMEs). This study uses the Nigeria enterprise survey dataset conducted by the World Bank between April, 2014 and February, 2015. A robust logistic regression model has b...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Faculty of Commerce & Manangement Studies, University of Kelaniya
2021-06-01
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| Series: | Kelaniya Journal of Management |
| Subjects: | |
| Online Access: | http://doi.org/10.4038/kjm.v10i1.7627 |
| _version_ | 1830352075195678720 |
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| author | Bello, O.F. Mustapha, Y.I. |
| author_facet | Bello, O.F. Mustapha, Y.I. |
| author_sort | Bello, O.F. |
| collection | DOAJ |
| description | This study investigates the determinants of access to finance among manufacturing micro, small and medium enterprises in Nigeria (MSMEs). This study uses the Nigeria enterprise survey dataset conducted by the World Bank between April, 2014 and February, 2015. A robust logistic regression model has been applied for a sample of 507 manufacturing MSMEs in Nigeria to achieve this study's objective. The results indicate that access to finance is largely influenced by owner/managers' experience and owner/managers’ skills. By implication, owners’/managers’ experience and skills are the driving force for manufacturing MSMEs' probability of having access to finance in Nigeria. Therefore, this study recommends that owners/managers of MSMEs in Nigeria should leverage their stock of experience and innate skills to enhance their firms’ access to finance. |
| first_indexed | 2024-12-20T00:49:45Z |
| format | Article |
| id | doaj.art-603d44e137064e82a999d8feaeb79ea6 |
| institution | Directory Open Access Journal |
| issn | 2279-1469 2448-9298 |
| language | English |
| last_indexed | 2024-12-20T00:49:45Z |
| publishDate | 2021-06-01 |
| publisher | Faculty of Commerce & Manangement Studies, University of Kelaniya |
| record_format | Article |
| series | Kelaniya Journal of Management |
| spelling | doaj.art-603d44e137064e82a999d8feaeb79ea62022-12-21T19:59:17ZengFaculty of Commerce & Manangement Studies, University of KelaniyaKelaniya Journal of Management2279-14692448-92982021-06-011016579http://doi.org/10.4038/kjm.v10i1.7627Determinants oAccess to Finance among Manufacturing Micro, Small and Medium Enterprises in NigeriaBello, O.F.0Mustapha, Y.I.1https://orcid.org/0000-0002-6303-0536Department of Economic, State College of Education, Oro, Kwara State.Department of Marketing, University of Ilorin, Ilorin, Nigeria.This study investigates the determinants of access to finance among manufacturing micro, small and medium enterprises in Nigeria (MSMEs). This study uses the Nigeria enterprise survey dataset conducted by the World Bank between April, 2014 and February, 2015. A robust logistic regression model has been applied for a sample of 507 manufacturing MSMEs in Nigeria to achieve this study's objective. The results indicate that access to finance is largely influenced by owner/managers' experience and owner/managers’ skills. By implication, owners’/managers’ experience and skills are the driving force for manufacturing MSMEs' probability of having access to finance in Nigeria. Therefore, this study recommends that owners/managers of MSMEs in Nigeria should leverage their stock of experience and innate skills to enhance their firms’ access to finance.http://doi.org/10.4038/kjm.v10i1.7627financeaccess to financemicrosmall and medium enterprisesowner/managers’ experience |
| spellingShingle | Bello, O.F. Mustapha, Y.I. Determinants oAccess to Finance among Manufacturing Micro, Small and Medium Enterprises in Nigeria Kelaniya Journal of Management finance access to finance micro small and medium enterprises owner/managers’ experience |
| title | Determinants oAccess to Finance among Manufacturing Micro, Small and Medium Enterprises in Nigeria |
| title_full | Determinants oAccess to Finance among Manufacturing Micro, Small and Medium Enterprises in Nigeria |
| title_fullStr | Determinants oAccess to Finance among Manufacturing Micro, Small and Medium Enterprises in Nigeria |
| title_full_unstemmed | Determinants oAccess to Finance among Manufacturing Micro, Small and Medium Enterprises in Nigeria |
| title_short | Determinants oAccess to Finance among Manufacturing Micro, Small and Medium Enterprises in Nigeria |
| title_sort | determinants oaccess to finance among manufacturing micro small and medium enterprises in nigeria |
| topic | finance access to finance micro small and medium enterprises owner/managers’ experience |
| url | http://doi.org/10.4038/kjm.v10i1.7627 |
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