Search results

1 – 8 of 8
Article
Publication date: 28 July 2023

Nice Chukwuma-Ume and Chukwuma Otum Ume

This study aims to focus on assessing the status of agribusiness enterprises in Nigeria. The specific goals were to ascertain the level of performance of different categories of…

98

Abstract

Purpose

This study aims to focus on assessing the status of agribusiness enterprises in Nigeria. The specific goals were to ascertain the level of performance of different categories of agribusiness enterprises, and determine the institutional and firm-level characteristics that influence agribusiness performance.

Design/methodology/approach

The study is based on secondary data. These data were sourced from the World Bank business enterprise survey. The World Bank Enterprise survey employed a purposive sampling technique to select major staple agribusiness categories in Nigeria. The categories selected were those included in the World Bank's categorization of agribusiness enterprises. These categories include tobacco, food, textiles, leather, garments, paper industries and wood. The individual firms included in the survey were randomly selected from the selected agribusiness categories. In total, 721 agribusiness firms were selected. Data were analyzed with multiple linear regression at a 5% probability level.

Findings

The result of the analysis showed that small-scale agribusiness enterprises have the best performance based on an average of the five performance indicators considered in this study. The determinants of agribusiness performance showed that the credit constraint, size of enterprise, bureaucracy and corruption negatively and significantly affected the performance of agribusiness enterprises in the country, while the gender and educational status of the top manager were positively significant.

Research limitations/implications

The findings imply that small agribusinesses are instrumental in the development of the agribusiness sector and by extension the economy of the nation.

Originality/value

This study enhances the understanding of how best to deliver improved system-level performance policy and wealth creation, especially within the agribusiness subsector.

Details

Journal of Agribusiness in Developing and Emerging Economies, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2044-0839

Keywords

Article
Publication date: 21 March 2024

Ogochukwu Gabriella Onah, Anselm Anibueze Enete, Chukwuemeka Uzoma Okoye, Chukwuma Otum Ume and Chukwuemeka Chiebonam Onyia

The goal of this study was to determine the impact of access to credit facilities on financial performance among farmers of cooperative societies. The study also tested the…

Abstract

Purpose

The goal of this study was to determine the impact of access to credit facilities on financial performance among farmers of cooperative societies. The study also tested the predictive power of financial literacy.

Design/methodology/approach

The descriptive survey research design was used for the study while the sample size was 240 farmers of cooperative societies from South-East Nigeria. The farmers were categorised into those with access to credit facilities and those without access to credit facilities. A structured questionnaire was used to collect data for the study. Data were analysed using multiple analyses of variance (MANOVA) and multiple regression analysis.

Findings

Farmers with access to credit facilities reported higher financial performance such as return on investment, working capital, net profit, profit margin and sales. However, those without access to credit facilities reported lower mean scores on financial performance. Also, financial literacy, like financial knowledge, attitude and awareness, significantly predicts the impact of access to credit facilities on financial performance. It was also found that the duration of repayment of credit facilities, like medium and long term, contributes more to improving financial performance.

Originality/value

This study has shown that even though access to credit facilities impacts financial performance, financial literacy is an important consideration. Also, the duration of repayment is a crucial factor.

Details

International Journal of Social Economics, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0306-8293

Keywords

Book part
Publication date: 23 May 2022

Chukwudi C. Olumba, Cynthia N. Olumba and Chukwuma Ume

Taking a gender-sensitive approach, this study examines the socio-economic and institutional drivers of household vulnerability to the shocks occasioned by the COVID-19 pandemic…

Abstract

Taking a gender-sensitive approach, this study examines the socio-economic and institutional drivers of household vulnerability to the shocks occasioned by the COVID-19 pandemic. The study employs country-level panel data for Nigeria. Data collected were analysed using descriptive statistics, Pearson's chi-square, and ordered logistic regression. The study found significant heterogeneity in vulnerability to the COVID-19 shocks between the male-headed households (MHHs) and female-headed households (FHHs) (p < 0.1). The econometric results reveal that in the MHHs, the geographical location, livelihood diversification, and ownership of television were the significant drivers of vulnerability to COVID-19–related shocks. In the FHHs, credit constraints, household size, value of the household assets, geographical location, ownership of television and radio, and experiences of previous shocks were found to be significant drivers of vulnerability to COVID-19–related shocks. This study provides insights for designing inclusive social protection interventions and gender-sensitive COVID-19 recovery policies.

Details

COVID-19 in the African Continent
Type: Book
ISBN: 978-1-80117-687-3

Keywords

Article
Publication date: 8 April 2024

George Okello Candiya Bongomin, Frederick Semukono, Pierre Yourougou and Rebecca Balinda

With reference to the global financial crisis and lessons learned, advocacy for distributing suitable financial products by financial intermediaries remain key if consumers…

29

Abstract

Purpose

With reference to the global financial crisis and lessons learned, advocacy for distributing suitable financial products by financial intermediaries remain key if consumers, especially the illiterate in underdeveloped financial markets, are to be absorbed into the formal financial system. Financial intermediaries such as microfinance banks should provide suitable financial products, with full disclosure of information and customer protection relating to distribution of all financial products within the financial market to prevent financial vulnerability. The main purpose of this study is to establish the mediating role of financial product suitability in the relationship between access to microfinance products and survival of women micro-agribusinesses in rural Uganda.

Design/methodology/approach

SmartPLS with bootstrap based on 5,000 samples was used to test for the mediating role of financial product suitability in the relationship between access to microfinance products and survival of women micro-agribusinesses in rural Uganda.

Findings

The results revealed that financial product suitability improves access to microfinance products by 29 percentage points to promote survival of women micro-agribusinesses in rural Uganda. In reality, delivering suitable financial products that suit the economic condition of poor women micro-agribusiness borrowers, can allow them to use these products to generate income to meet timely repayment obligations and business demands.

Research limitations/implications

The current study selected samples from only women micro-agribusinesses operating in rural Uganda, with a specific focus on the northern region. Thus, studies involving samples selected from other rural developing countries may be necessary in future. Additionally, while the findings are significant, the data were collected from only women microenterprises who are clients of microfinance banks. Future studies focusing on women microenterprises who are clients of other financial institutions may offer insightful comparative data.

Practical implications

The findings from this study offer strategies for managers of microfinance banks to invent and design financial products that suit the economic status and condition of different microcredit clients, especially the women micro-agribusinesses. This can help them to solve the problem of defaults in loan repayment and delinquency common while lending to the rural poor. In fact, microfinance banks should adopt a customized loan pricing model that can promote the operational sustainability and commercial viability of women micro-agribusinesses in the current situation of mission adrift.

Originality/value

The current study uses the suitability rule and economic theory to elucidate the importance of microfinance product suitability to increase microfinance inclusion of women micro-agribusinesses in rural areas in developing countries. The novelty in this paper is in combining the suitability rule and economic theory with microfinance theory to promote access to microcredit by the women micro-agribusinesses in rural Uganda under the situation of mission adrift. This is limited in the existing microfinance literature and theory, especially in developing countries like Uganda.

Details

Journal of Agribusiness in Developing and Emerging Economies, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2044-0839

Keywords

Abstract

Details

COVID-19 in the African Continent
Type: Book
ISBN: 978-1-80117-687-3

Content available
Book part
Publication date: 23 May 2022

Abstract

Details

COVID-19 in the African Continent
Type: Book
ISBN: 978-1-80117-687-3

Article
Publication date: 1 October 2011

Alemayehu Geda

Capacity building in fragile and post‐conflict situations is specially challenging for policy makers in that it represents a situation that needs to be carefully managed…

Abstract

Capacity building in fragile and post‐conflict situations is specially challenging for policy makers in that it represents a situation that needs to be carefully managed. Understanding the dynamic link between capacity building and conflict requires understanding the nature and determinants of conflicts, their duration, intensity and the modalities for their cessation and post‐conflict reconstruction. This study attempted to do that from systemic or theoretical perspective. A major common theme that runs across the literature is that post‐conflict recovery and sustainable development and the associated capacity building exercise in Africa need to have the following four feature: (1) first a broad development planning framework with a fairly long‐time horizon and an overarching objective of poverty reduction; (2) second, social policy‐making in such countries is expected to be distinct from non‐conflict countries. This signals the need to articulate country specific policies and (3) third, intervention in such states requires a high volume of aid flows and (4) forth it need to be preceded by deeper understanding of African societies by donors. This study by outlining such basic issues from theoretical perspective resorted to an outline of three core areas of capacity building that are needed in post‐conflict and fragile states: capacity building to address immediate needs of post‐conflict states, capacity building to address the core economic and political causes of conflict, as well as, capacity building to address issues of finance and financial sector reconstruction. Each of these aspects is discussed in detail in the study. The study underscores the need to view and understand capacity building exercise as part and parcel of a broad developmental problem which requires broader developmental solutions.

Details

World Journal of Entrepreneurship, Management and Sustainable Development, vol. 7 no. 2/3/4
Type: Research Article
ISSN: 2042-5961

Keywords

Book part
Publication date: 10 August 2018

Henry O. Onukwuba

Leadership is basically about influence and ability to cultivate followership. This chapter examined the nature of indigenous socio-political leadership in Africa using Zimbabwe…

Abstract

Leadership is basically about influence and ability to cultivate followership. This chapter examined the nature of indigenous socio-political leadership in Africa using Zimbabwe, Sudan and Nigeria as caselets and compared this with the post-colonial or modern-day leadership realities. A survey was conducted among senior executives at Lagos Business School, Nigeria, with a sample size of 200 persons, to find out their perception of the African indigenous leadership system. An overwhelming 90% believe that culture plays a big role in shaping African leadership style. However, two-thirds of the respondents agreed that Africa lacks proper institutional structures to support good leadership, thus encouraging corruption (97% of the respondents) and non-accountability among the leaders. Also, only 5% thought cultural orientation was the reason why the African followers do not hold their leaders accountable. In other words, it is not in the African culture not to hold leaders accountable for their actions. So, what went wrong? We attempted a deeper look at the effect of colonial rule and the attendant militarisation of the African continent. Our conclusion is that the colonisation of the continent by Europe brought significant distortion to the traditional African indigenous leadership institutions and the psyche of the African leader and the followers alike. Post-colonial Africa has witnessed 133 recorded coups d’etat between 1952 and 2016. This chapter is recommended to all those who seek a deeper understanding of the nature of the African indigenous leadership practices and the factors that have shaped these over the years.

Details

Indigenous Management Practices in Africa
Type: Book
ISBN: 978-1-78754-849-7

Keywords

1 – 8 of 8