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International Journal of Research in Social Sciences
Year : 2016, Volume : 6, Issue : 9
First page : ( 474) Last page : ( 492)
Online ISSN : 2249-2496.

Ownership Structure and the Performance of Small and Medium Enterprises in Nigeria

Obasan K. A.*, Shobayo P. B*, Amaghionyeodiwe A. L.**

* Department of Business Administration, Olabisi Onabanjo University, Ago Iwoye, Ogun State, Nigeria

** Department of Accounting and Finance, York College, City University of New York, Jamaica, New York, USA

Online published on 25 October, 2016.

Abstract

This paper studies the effect of ownership structure on the performance of small and medium enterprises in Nigeria. The sample consists of three hundred and ninety nine (399) small and medium enterprises in Alimosho Local Government Area, Lagos State. The suggested hypotheses were established, using regression analysis, and analysis of variance (ANOVA). The observed outcomes offer indication that ownership structure has a significant effect on the performance of small and medium enterprise in Nigeria. Thus, it is recommended that ownership structure of Nigerian firms should be observed carefully by stakeholders as it affects their performance

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Keywords

Small and Medium Enterprises, Ownership structure, Performance, Firms.

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