Internal and External Determinants of SMEs’ Sustainability Performance in Akwa Ibom and Lagos State, Nigeria.
Globally, SMEs’ internal (founder entrepreneurial leadership attributes, founder’s entrepreneurial human capital and founder entrepreneurial social capital) and external (government specific financial resources, government specific non-financial resources, government specific policies and public...
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my-unimas-ir.449302024-06-14T00:22:59Z Internal and External Determinants of SMEs’ Sustainability Performance in Akwa Ibom and Lagos State, Nigeria. 2023-09-07 chigbu, Christian chisom Irma Yazreen, Md Yusoff Norizan, Jaafar HB Economic Theory Globally, SMEs’ internal (founder entrepreneurial leadership attributes, founder’s entrepreneurial human capital and founder entrepreneurial social capital) and external (government specific financial resources, government specific non-financial resources, government specific policies and public infrastructure) determinants serve as indicators of SMEs’ sustainability performance. Unfortunately, internal and external determinant variables are deeply negative in the context of SMEs’ sustainability performance in the Nigerian SME sector and as such, most Nigerian SMEs firms barely survive, let alone actualize sustainable performance in the present-day competitive business environment. Therefore, this study examines internal and external constructs and SMEs’ sustainability performance in Akwa Ibom State and Lagos State, Nigeria. The study’s philosophy focuses on quantitative philosophical methods. Questionnaires were distributed and tested through a pilot study to confirm the reliability and validity of the variables. A total of 650 questionnaires were distributed for self-completion, and 600 were completed and returned. Both SPSS and SmartPLS were used for descriptive statistics, path regression, and hypotheses testing. The study outcome posits that founder entrepreneurial leadership attributes have a strong correlation with internal and external social and environmental sustainability performance, as well as a negative relationship with economic sustainability performance. Entrepreneurial human capital showed a significant positive correlation with economic sustainability, internal and external social sustainability, and environmental sustainability performance. The founder’s entrepreneurial social capital showed a strong interconnection with economic sustainability performance. Internal and external social sustainability performance has an insignificant connection to environmental sustainability performance. Government-specific financial resources were positively correlated with economic sustainability performance, internal and external social sustainability performance, and environmental sustainability. Government-specific non-financial resources showed positive correlations with economic sustainability performance and internal and external social sustainability performance, whereas there was an insignificant connection with environmental sustainability performance. Government-specific policies showed a negative relationship with economic and environmental sustainability performance and were positively related to internal and external social sustainability performance. Finally, public infrastructure showed a negative correlation with economic sustainability performance and was positively related to internal and external social sustainability and environmental sustainability performance. This study’s contribution to existing knowledge on both theory and managerial implications is described, along with limitations, implications, and research directions for future studies. Human Resource Management Academics Research Society 2023-09 Thesis http://ir.unimas.my/id/eprint/44930/ http://ir.unimas.my/id/eprint/44930/3/DSVA_Chigbu%20Chisom.pdf text en staffonly http://ir.unimas.my/id/eprint/44930/4/Thesis%20Master_Chigbu%20Chisom%20-%2024%20pages.pdf text en public http://ir.unimas.my/id/eprint/44930/5/Thesis%20Master_Chigbu%20Chisom.ftext.pdf text en validuser http://dx.doi.org/10.6007/IJAREMS/v12-i3/17367 masters |
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HB Economic Theory |
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HB Economic Theory chigbu, Christian chisom Irma Yazreen, Md Yusoff Norizan, Jaafar Internal and External Determinants of SMEs’ Sustainability Performance in Akwa Ibom and Lagos State, Nigeria. |
description |
Globally, SMEs’ internal (founder entrepreneurial leadership attributes, founder’s
entrepreneurial human capital and founder entrepreneurial social capital) and external
(government specific financial resources, government specific non-financial resources,
government specific policies and public infrastructure) determinants serve as indicators of
SMEs’ sustainability performance. Unfortunately, internal and external determinant
variables are deeply negative in the context of SMEs’ sustainability performance in the
Nigerian SME sector and as such, most Nigerian SMEs firms barely survive, let alone
actualize sustainable performance in the present-day competitive business environment.
Therefore, this study examines internal and external constructs and SMEs’ sustainability
performance in Akwa Ibom State and Lagos State, Nigeria. The study’s philosophy focuses
on quantitative philosophical methods. Questionnaires were distributed and tested through
a pilot study to confirm the reliability and validity of the variables. A total of 650
questionnaires were distributed for self-completion, and 600 were completed and returned.
Both SPSS and SmartPLS were used for descriptive statistics, path regression, and
hypotheses testing. The study outcome posits that founder entrepreneurial leadership
attributes have a strong correlation with internal and external social and environmental
sustainability performance, as well as a negative relationship with economic sustainability
performance. Entrepreneurial human capital showed a significant positive correlation with
economic sustainability, internal and external social sustainability, and environmental
sustainability performance. The founder’s entrepreneurial social capital showed a strong
interconnection with economic sustainability performance. Internal and external social
sustainability performance has an insignificant connection to environmental sustainability
performance. Government-specific financial resources were positively correlated with
economic sustainability performance, internal and external social sustainability
performance, and environmental sustainability. Government-specific non-financial
resources showed positive correlations with economic sustainability performance and
internal and external social sustainability performance, whereas there was an insignificant
connection with environmental sustainability performance. Government-specific policies
showed a negative relationship with economic and environmental sustainability
performance and were positively related to internal and external social sustainability
performance. Finally, public infrastructure showed a negative correlation with economic
sustainability performance and was positively related to internal and external social
sustainability and environmental sustainability performance. This study’s contribution to
existing knowledge on both theory and managerial implications is described, along with
limitations, implications, and research directions for future studies. |
format |
Thesis |
qualification_level |
Master's degree |
author |
chigbu, Christian chisom Irma Yazreen, Md Yusoff Norizan, Jaafar |
author_facet |
chigbu, Christian chisom Irma Yazreen, Md Yusoff Norizan, Jaafar |
author_sort |
chigbu, Christian chisom |
title |
Internal and External Determinants of SMEs’ Sustainability
Performance in Akwa Ibom and Lagos State, Nigeria. |
title_short |
Internal and External Determinants of SMEs’ Sustainability
Performance in Akwa Ibom and Lagos State, Nigeria. |
title_full |
Internal and External Determinants of SMEs’ Sustainability
Performance in Akwa Ibom and Lagos State, Nigeria. |
title_fullStr |
Internal and External Determinants of SMEs’ Sustainability
Performance in Akwa Ibom and Lagos State, Nigeria. |
title_full_unstemmed |
Internal and External Determinants of SMEs’ Sustainability
Performance in Akwa Ibom and Lagos State, Nigeria. |
title_sort |
internal and external determinants of smes’ sustainability
performance in akwa ibom and lagos state, nigeria. |
publishDate |
2023 |
url |
http://ir.unimas.my/id/eprint/44930/3/DSVA_Chigbu%20Chisom.pdf http://ir.unimas.my/id/eprint/44930/4/Thesis%20Master_Chigbu%20Chisom%20-%2024%20pages.pdf http://ir.unimas.my/id/eprint/44930/5/Thesis%20Master_Chigbu%20Chisom.ftext.pdf |
_version_ |
1804888435616382976 |