ENTREPRENEURS' COMMITMENT AND BUSINESS PERFORMANCE IN A RECESSED ECONOMY

The objective of this study is to find out the interconnectedness of entrepreneurs' commitment and business performance in a recessed economy. Questionnaire was used to gather data from guild of entrepreneurs to find answers to the questions that emanated from the two research hypotheses. The c...

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Bibliographic Details
Published in:Academy of Entrepreneurship journal 2018-05, Vol.24 (2), p.11-22
Main Authors: Ezekiel, Ayoade O, Omotayo, Adegbuyi, Olaleke, Ogunnaike O
Format: Article
Language:English
Subjects:
Economic activity
Economic conditions
Entrepreneurs
Entrepreneurship
Interest rates
Intrapreneurs
Performance evaluation
Recessions
Retailing industry
Small & medium sized enterprises-SME
Social networks
Social sciences
Sustainability
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Summary:The objective of this study is to find out the interconnectedness of entrepreneurs' commitment and business performance in a recessed economy. Questionnaire was used to gather data from guild of entrepreneurs to find answers to the questions that emanated from the two research hypotheses. The correlation and the regression analysis were done with AMOS 22 and Statistical Package for Social Science (SPSS 20). The result of the path analysis and the estimates of the coordinates revealed the relationship that exists between the research constructs. The findings brought out the significant impact of commitment on business performance and established that recessed economy has a complete mediation between commitment and business performance. Appropriate government policies are recommended to improve entrepreneurs' commitment and to guard against recessed economy.
ISSN:1087-9595
1528-2686