Risk-Taking and Smes Performance: Evaluating the Influence on Entrepreneur’s Autonomy

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Published: Aug 25, 2023
DOI: https://doi.org/10.53555/jrtdd.v6i8s.2847
Keywords:
Entrepreneur SMEs Performance risk-taking Autonomy

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Olotu comfort Remilekun
Oshoba Julius Adeshina
Fred Peter
Ayeni Adebanji A. W.
Olatunji Fadeyi
Abioye Precious Iyanuoluwa

Abstract

The increase in globalization which induced volatility in business environment makes entrepreneurial attitude critical for businesses performance and survival, therefore, every enterprise irrespective of size need to be entrepreneurial oriented (Arshad & Rash, 2018). Consequently, this evaluate the effect of entrepreneur orientation on the performance of SMEs in Kwara state, Nigeria. The entrepreneur orientations assessed are risk taking and autonomy. This study utilized questionnaire which was administered to 376 employees of the selected 15 SMEs in the state. The 310 validly filed copies of questionnaire was retrieved for analysis using descriptive and simple regression technique. This study found that risk taking and autonomy exert significant positive effect on SMEs performance in the state at 5 percent significance level. Thus study recommend that SMEs should be supported by relevant Kwara state government agencies in taking more calculated  risk so that when there is a plausibly divergence between actual and intended performance as a result of the risk-taking.

Article Details

How to Cite
Olotu comfort Remilekun, Oshoba Julius Adeshina, Fred Peter, Ayeni Adebanji A. W., Olatunji Fadeyi, & Abioye Precious Iyanuoluwa. (2023). Risk-Taking and Smes Performance: Evaluating the Influence on Entrepreneur’s Autonomy. Journal for ReAttach Therapy and Developmental Diversities, 6(8s), 998–1005. https://doi.org/10.53555/jrtdd.v6i8s.2847
Issue
Vol. 6 No. 8s (2023): Special Issue on Advances in Exploring the Intersection of Psychology, Education, and Rehabilitation: Promoting Holistic Well-being and Inclusive Practices (Articles in Press)
Section
Articles
Author Biographies

Olotu comfort Remilekun

Department of Business Administration, Landmark University, Omu-Aran, Kwara State, Nigeria

Oshoba Julius Adeshina

Department of Business Administration Landmark university, Omu-Aran Kwara State, Nigeria

Fred Peter

Department of Business Administration Landmark university, Omu-Aran Kwara State, Nigeria

Ayeni Adebanji A. W.

Department of Business Administration, Landmark University, Omu-Aran, Kwara State, Nigeria

Olatunji Fadeyi

Department of Business Administration Landmark university, Omu-Aran Kwara State, Nigeria

Abioye Precious Iyanuoluwa

Department of Business Administration, Landmark University, Omu-Aran, Kwara State, Nigeria

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