Employee Fidelity and the Survival of Micro and Small Scale Businesses in Nigeria
Ehiorobo Osa Abraham
Abstract
This research examines the impact of employee fidelity on the survival of micro and small scale enterprises in Nigeria. The mortality rate of small businesses in Nigeria is alarming. Most previous studies tend to concentrate on the managerial, technical, edu-cational and even capital deficiencies of the entrepreneurs but this study focuses on the employees. Multi-stage sampling technique was used to identify suitable candidates for the study and discriminant function analysis was used for data analysis. Findings reveal that capital inadequacy and employee theft account for the failure small businesses in Nigeria. The study is significant to entrepreneurs to avert failure and for further research by academics.
Keywords: Fidelity, survival, employee, theft, mortality
JEL Classification: L25, L26
DOI: https://10.2478/stcb-2020-0005
Received: 16.5.2020 Accepted: 30.6.2020 Published: 30.6.2020
How to cite this (APA 7th edition):
Ehiorobo, A. (2020). Employee Fidelity and the Survival of Micro and Small Scale Businesses in Nigeria. Studia commercialia Bratislavensia, 13(2), 87-101.
ISSN (online): 1339-3081
Publisher: Fakulty of Commerce, University of Economics in Bratislava
License:
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.