Employee Fidelity and the Survival of Micro and Small Scale Businesses in Nigeria

Abraham Ehiorobo Osa ()
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Abraham Ehiorobo Osa: Department of Business Administration, University of Lagos, Nigeria

Studia Commercialia Bratislavensia, 2020, vol. 13, issue 44, 87-101

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, educational 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 (search for similar items in EconPapers)
JEL-codes: L25 L26 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:stcomb:v:13:y:2020:i:44:p:87-101:n:4

DOI: 10.2478/stcb-2020-0005

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