ABSTRACT The rationale of this study was to provide insights into the relationship between capital structure and financial performance of Kenya’s banking industry. The pioneer work on capital structure by Modigliani and Miller (1958) despite of the unrealistic assumptions has been source of inspirations for scholars. Their propositions state that the market value of any firm and its cost of capital are independent of its capital structure in presence of perfect market conditions. The genera...
ABSTRACT Micro finance plays a major role in many gender and development strategies because of its direct relationship to both poverty alleviation and to the empowerment of women. Poverty reduction has become the object of unprecedented attention globally since 1990’s. In Kenya and elsewhere, micro finance institutions have been on the rise with micro credits having been portrayed as a way to reach poor people in the development process, meet the UN Millennium Development Goals, and as a ne...
ABSTRACT Human actions involved in identifying and exploiting opportunities for start-ups and enterprise growth have been studied for some time now (Bird & Schjoedt, 2009; Gartner, Carter, & Reynolds, 2010). But how these actions are triggered and what role they play particularly in rural enterprise growth is a matter that has remained relatively un-researched. Despite the understanding that enterprise growth/failure is an outcome of the entrepreneurial processes, which are emergent from a co...
ABSTRACT The importance of Small and Medium Scale Enterprises is being considered crucial to the economic development strategies of every economy. It is therefore, important to consider conditions that would ensure sustained growth in this sector. Finance is considered as the life blood of every organisation and most firms rely on finance not only for survival but for growth and expansion. Access to finance is usually restricted to SMEs by financial institutions with simple reason that SMEs ...
ABSTRACT The importance of Small and Medium Scale Enterprises is being considered crucial to the economic development strategies of every economy. It is therefore, important to consider conditions that would ensure sustained growth in this sector. Finance is considered as the life blood of every organisation and most firms rely on finance not only for survival but for growth and expansion. Access to finance is usually restricted to SMEs by financial institutions with simple reason that SMEs ...
ABSTRACT The resource-based and upper echelon theories have raised concerns against the unexplored human factors affecting the growth of small firms. This has created an incomplete view of factors affecting small enterprise growth in Ghana. This study, therefore, examines the implications of the personality and market knowledge of the individual managers on the growth of small enterprises in the Cape Coast Metropolis. Using a pragmatic approach and an explanatory sequential mixed design, 200...
ABSTRACT This study examined access to microfinance by Small Medium Enterprises (SMEs) in the Accra metropolis. A survey was therefore designed to evaluate the access to SMEs in the metropolis of Accra. The population of the study was 50, which comprised SMEs and Microfinance Institutions (MFIs). A sample of thirty-four SMEs and 6 MFIs were used for the study. An interview guide and a questionnaire were used separately to collect data from MFIs and SMEs. The return rate of data was 6 (75%) fo...
ABSTRACT Tilapia farming is expanding across the world because this type of fishes can be cultured under very basic conditions and so is ideal for rural subsistence farming, yet is amenable to more sophisticated, market-oriented culture programmes. This therefore informed the decision to look into the operation of tilapia farmers. The study focused on assessing the operations of tilapia farmers in the Asuogyaman District of Ghana. The study adopted a descriptive approach. The study relied on ...
ABSTRACT Prices are a key determinant of demand which influences revenue and in turn the business' profits. A business may fail if products and services are priced incorrectly. Pricing decision is, therefore, one of the critical success factors of a business, including SMEs. Studies on pricing in organisations have progress from past decades. However, these studies have focused on the bigger companies and have neglected the issues in the context of SMEs. This study sought to assess the pricin...
ABSTRACT While the number of entrepreneurship education programmes is growing, their impact is under-researched and studies paint an ambiguous picture of the impact of entrepreneurship education. This study therefore examined the role of entrepreneurship education in new venture creation in the tertiary education. This study was basically quantitative in nature. Descriptive statistical methods were used to analyze the data obtained from 227 participants who were students and lecturers from Ku...
ABSTRACT Unlike Small and Medium−Sized Enterprises (SMEs), large enterprises have continued enjoying the benefits of the use of Information Communication Technologies (ICTs). This is one situation that has affected SMEs development including those in the Birim Central Municipality. It was based on this rationale that a study was undertaken mainly to assess ICTs in SMEs activities in the Birim Central Municipality. The specific objectives of the study were to examine the preferred type of IC...