Micro and small scale enterprises growth and ownership structure in Hawassa city, Sidama region, Ethiopia
The general objective of the study is to examine the nexus between micro and small enterprise growth and ownership structure in Hawassa city, Sidama regional state, Ethiopia. The study used a 4-year dynamic panel data from 2017 to 2020, obtained from Hawassa city trade and industry bureau. Both desc...
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2022-12-01
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| Series: | Cogent Economics & Finance |
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| Online Access: | https://www.tandfonline.com/doi/10.1080/23322039.2022.2071012 |
| _version_ | 1818232519839973376 |
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| author | Aschale Mekuria Shitaye |
| author_facet | Aschale Mekuria Shitaye |
| author_sort | Aschale Mekuria Shitaye |
| collection | DOAJ |
| description | The general objective of the study is to examine the nexus between micro and small enterprise growth and ownership structure in Hawassa city, Sidama regional state, Ethiopia. The study used a 4-year dynamic panel data from 2017 to 2020, obtained from Hawassa city trade and industry bureau. Both descriptive statistics and econometric methods have been used to analyze the nexus between growth of micro and small enterprises and ownership structure and other driving factors. System GMM estimation technique was employed to analyze a dynamic panel data model. The result of the study reveals that ownership structure, previous year enterprise growth (persistence of growth) and numbers of permanent employees enhance the growth of micro and small enterprises, while age of enterprises, wage and profit of enterprises appear to be a binding constraint to their growth. This study suggests that enterprises should increase their business partners to enhance their financial capacity and to share managerial skill each other and increase the number of permanent employees. |
| first_indexed | 2024-12-12T11:07:35Z |
| format | Article |
| id | doaj.art-c75da67526d147868bec38e91c0c2c57 |
| institution | Directory Open Access Journal |
| issn | 2332-2039 |
| language | English |
| last_indexed | 2024-12-12T11:07:35Z |
| publishDate | 2022-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Economics & Finance |
| spelling | doaj.art-c75da67526d147868bec38e91c0c2c572022-12-22T00:26:22ZengTaylor & Francis GroupCogent Economics & Finance2332-20392022-12-0110110.1080/23322039.2022.2071012Micro and small scale enterprises growth and ownership structure in Hawassa city, Sidama region, EthiopiaAschale Mekuria Shitaye0Department of Economics, College of Business and Economics, Hawassa University, Hawassa, EthiopiaThe general objective of the study is to examine the nexus between micro and small enterprise growth and ownership structure in Hawassa city, Sidama regional state, Ethiopia. The study used a 4-year dynamic panel data from 2017 to 2020, obtained from Hawassa city trade and industry bureau. Both descriptive statistics and econometric methods have been used to analyze the nexus between growth of micro and small enterprises and ownership structure and other driving factors. System GMM estimation technique was employed to analyze a dynamic panel data model. The result of the study reveals that ownership structure, previous year enterprise growth (persistence of growth) and numbers of permanent employees enhance the growth of micro and small enterprises, while age of enterprises, wage and profit of enterprises appear to be a binding constraint to their growth. This study suggests that enterprises should increase their business partners to enhance their financial capacity and to share managerial skill each other and increase the number of permanent employees.https://www.tandfonline.com/doi/10.1080/23322039.2022.2071012micro and small enterprisesownership structuresystem GMMHawassa |
| spellingShingle | Aschale Mekuria Shitaye Micro and small scale enterprises growth and ownership structure in Hawassa city, Sidama region, Ethiopia Cogent Economics & Finance micro and small enterprises ownership structure system GMM Hawassa |
| title | Micro and small scale enterprises growth and ownership structure in Hawassa city, Sidama region, Ethiopia |
| title_full | Micro and small scale enterprises growth and ownership structure in Hawassa city, Sidama region, Ethiopia |
| title_fullStr | Micro and small scale enterprises growth and ownership structure in Hawassa city, Sidama region, Ethiopia |
| title_full_unstemmed | Micro and small scale enterprises growth and ownership structure in Hawassa city, Sidama region, Ethiopia |
| title_short | Micro and small scale enterprises growth and ownership structure in Hawassa city, Sidama region, Ethiopia |
| title_sort | micro and small scale enterprises growth and ownership structure in hawassa city sidama region ethiopia |
| topic | micro and small enterprises ownership structure system GMM Hawassa |
| url | https://www.tandfonline.com/doi/10.1080/23322039.2022.2071012 |
| work_keys_str_mv | AT aschalemekuriashitaye microandsmallscaleenterprisesgrowthandownershipstructureinhawassacitysidamaregionethiopia |