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INFORMATION:

YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COST N5,000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR

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OWNERSHIP STRUCTURE OF CORPORATIONS IN SMALL SCALE ENTERPRISE IN NIGERIA

BACKGROUND OF THE STUDY

The role of Small and Medium Enterprises (SMEs) in any economy cannot be overlooked as they constitute a significant employer of labor as the active role of small and medium enterprises as a key element of development in developing countries has been acknowledged. As stated by Kuteyi (2013), small and medium enterprise stimulates economic growth as they generate employment and add to the gross domestic product (GDP). In the opinion of Ariyo, (2008); Ayozie and Latinwo (2010), and Muritala, Awolaja and Bako, (2012), there is the greater tendency of SMEs utilizing more labor-intensive equipment thereby minimizing unemployment especially in developing countries which therefore have a significant effect on employment creation. Emphasizing on the significance of SMEs on economic growth, SMEs generate prospects for revenue generation and circulation, and wealth accumulation (Ojo, 2003; World Bank, 2010; Babajide, 2012). SMEs develop the formation of a new group of small industrialists bringing about development, and wealth accumulation. One major factor that affects the performance of SMEs is that of managerial skills and ownership structure and according to Gursoy and Aydogan, (2002) the concept of ownership structure can be well-defined along two scopes: ownership concentration and ownership mix. The earlier refers to the part of the major owner and is inclined by total risk and monitoring expenditures, while the latter is linked to the personality of the main shareholder (Griffith, Redding and Simpson, 2004). The link between ownership structure and performance of small and medium enterprise has been the topic of a significant and constant argument between researchers (Demsetz and Villalonga,

2001). There has been an extensive research on the association between ownership structure and business performance, but the findings relatively differ from each other (Pivovarsky, 2003; Farooque, Zijl, Dunstan, and Karim, 2007).

Statement of the problem

Due to the risk and uncertainty surrounding small businesses, banks are hesitant to offer SMEs loans which

there are no guarantee of recovering (Aigboje, 2006). Another challenge for SMEs is the market. Often, SMEs have

no understanding of the market channels (Osuagwu, 2001).

HOW TO RECEIVE PROJECT MATERIAL (S)

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