The Impact of Regulatory Environment on the Effectiveness of Small and Medium Scale Enterprises: A Study of Selected Small and Medium Scale Enterprise in Owerri

Chikwe Goddey Chukwudi; Joel Augustus-Daddie; Achiole Emmanuel Ayozie

doi:doi:10.11648/j.jim.20150406.14

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The Impact of Regulatory Environment on the Effectiveness of Small and Medium Scale Enterprises: A Study of Selected Small and Medium Scale Enterprise in Owerri

Chikwe Goddey Chukwudi, Joel Augustus-Daddie, Achiole Emmanuel Ayozie

Published in Journal of Investment and Management (Volume 4, Issue 6)

Received: 22 July 2015 Accepted: 19 August 2015 Published: 29 August 2015

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Abstract

This paper examines the impact of regulatory environment on the effectiveness of small and medium scale enterprises. The study employed a survey approach and used the questionnaire as its major source of data collection. In order to guide the study, two research questions and hypotheses that are consistent with the objectives of the study were raised. The population of study consists of 105 staff of selected five small and medium scale enterprises in Owerri. The researchers used purposive sampling technique to select 89 members of staff as the sampled unit. The mean score was the tool for data analysis, and from the findings, the researchers concludes that regulatory environment has significant impact on business competitiveness and innovativeness which were used to proxy effectiveness of small and medium scale enterprises. Based on the findings also, the researchers among others recommended that consultation between SME regulators and operators of SMEs can help address some of the harsh consequences of the regulatory environment.

Published in	Journal of Investment and Management (Volume 4, Issue 6)
DOI	10.11648/j.jim.20150406.14
Page(s)	311-318
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2015. Published by Science Publishing Group

Keywords

Regulatory Environment, Organizational Effectiveness, Competitiveness, Innovativeness

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APA Style

Chikwe Goddey Chukwudi, Joel Augustus-Daddie, Achiole Emmanuel Ayozie. (2015). The Impact of Regulatory Environment on the Effectiveness of Small and Medium Scale Enterprises: A Study of Selected Small and Medium Scale Enterprise in Owerri. Journal of Investment and Management, 4(6), 311-318. https://doi.org/10.11648/j.jim.20150406.14

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ACS Style

Chikwe Goddey Chukwudi; Joel Augustus-Daddie; Achiole Emmanuel Ayozie. The Impact of Regulatory Environment on the Effectiveness of Small and Medium Scale Enterprises: A Study of Selected Small and Medium Scale Enterprise in Owerri. J. Invest. Manag. 2015, 4(6), 311-318. doi: 10.11648/j.jim.20150406.14

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AMA Style

Chikwe Goddey Chukwudi, Joel Augustus-Daddie, Achiole Emmanuel Ayozie. The Impact of Regulatory Environment on the Effectiveness of Small and Medium Scale Enterprises: A Study of Selected Small and Medium Scale Enterprise in Owerri. J Invest Manag. 2015;4(6):311-318. doi: 10.11648/j.jim.20150406.14

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@article{10.11648/j.jim.20150406.14,
  author = {Chikwe Goddey Chukwudi and Joel Augustus-Daddie and Achiole Emmanuel Ayozie},
  title = {The Impact of Regulatory Environment on the Effectiveness of Small and Medium Scale Enterprises: A Study of Selected Small and Medium Scale Enterprise in Owerri},
  journal = {Journal of Investment and Management},
  volume = {4},
  number = {6},
  pages = {311-318},
  doi = {10.11648/j.jim.20150406.14},
  url = {https://doi.org/10.11648/j.jim.20150406.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jim.20150406.14},
  abstract = {This paper examines the impact of regulatory environment on the effectiveness of small and medium scale enterprises. The study employed a survey approach and used the questionnaire as its major source of data collection. In order to guide the study, two research questions and hypotheses that are consistent with the objectives of the study were raised. The population of study consists of 105 staff of selected five small and medium scale enterprises in Owerri. The researchers used purposive sampling technique to select 89 members of staff as the sampled unit. The mean score  was the tool for data analysis, and from the findings, the researchers concludes that regulatory environment has significant impact on business competitiveness and innovativeness which were used to proxy effectiveness of small and medium scale enterprises. Based on the findings also, the researchers among others recommended that consultation between SME regulators and operators of SMEs can help address some of the harsh consequences of the regulatory environment.},
 year = {2015}
}

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TY  - JOUR
T1  - The Impact of Regulatory Environment on the Effectiveness of Small and Medium Scale Enterprises: A Study of Selected Small and Medium Scale Enterprise in Owerri
AU  - Chikwe Goddey Chukwudi
AU  - Joel Augustus-Daddie
AU  - Achiole Emmanuel Ayozie
Y1  - 2015/08/29
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N1  - https://doi.org/10.11648/j.jim.20150406.14
DO  - 10.11648/j.jim.20150406.14
T2  - Journal of Investment and Management
JF  - Journal of Investment and Management
JO  - Journal of Investment and Management
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EP  - 318
PB  - Science Publishing Group
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AB  - This paper examines the impact of regulatory environment on the effectiveness of small and medium scale enterprises. The study employed a survey approach and used the questionnaire as its major source of data collection. In order to guide the study, two research questions and hypotheses that are consistent with the objectives of the study were raised. The population of study consists of 105 staff of selected five small and medium scale enterprises in Owerri. The researchers used purposive sampling technique to select 89 members of staff as the sampled unit. The mean score  was the tool for data analysis, and from the findings, the researchers concludes that regulatory environment has significant impact on business competitiveness and innovativeness which were used to proxy effectiveness of small and medium scale enterprises. Based on the findings also, the researchers among others recommended that consultation between SME regulators and operators of SMEs can help address some of the harsh consequences of the regulatory environment.
VL  - 4
IS  - 6
ER  -

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Author Information

Chikwe Goddey Chukwudi

Department of Business Management, Imo State University, Owerri, Imo State Nigeria
Joel Augustus-Daddie

Department of Business Administration and Management, River State Polytechnic, Bori, River State, Nigeria
Achiole Emmanuel Ayozie

Department of Business Management, Imo State University, Owerri, Imo State Nigeria

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Plain Text BibTeX RIS

APA Style

Chikwe Goddey Chukwudi, Joel Augustus-Daddie, Achiole Emmanuel Ayozie. (2015). The Impact of Regulatory Environment on the Effectiveness of Small and Medium Scale Enterprises: A Study of Selected Small and Medium Scale Enterprise in Owerri. Journal of Investment and Management, 4(6), 311-318. https://doi.org/10.11648/j.jim.20150406.14

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ACS Style

Chikwe Goddey Chukwudi; Joel Augustus-Daddie; Achiole Emmanuel Ayozie. The Impact of Regulatory Environment on the Effectiveness of Small and Medium Scale Enterprises: A Study of Selected Small and Medium Scale Enterprise in Owerri. J. Invest. Manag. 2015, 4(6), 311-318. doi: 10.11648/j.jim.20150406.14

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AMA Style

Chikwe Goddey Chukwudi, Joel Augustus-Daddie, Achiole Emmanuel Ayozie. The Impact of Regulatory Environment on the Effectiveness of Small and Medium Scale Enterprises: A Study of Selected Small and Medium Scale Enterprise in Owerri. J Invest Manag. 2015;4(6):311-318. doi: 10.11648/j.jim.20150406.14

Copy | Download

@article{10.11648/j.jim.20150406.14,
  author = {Chikwe Goddey Chukwudi and Joel Augustus-Daddie and Achiole Emmanuel Ayozie},
  title = {The Impact of Regulatory Environment on the Effectiveness of Small and Medium Scale Enterprises: A Study of Selected Small and Medium Scale Enterprise in Owerri},
  journal = {Journal of Investment and Management},
  volume = {4},
  number = {6},
  pages = {311-318},
  doi = {10.11648/j.jim.20150406.14},
  url = {https://doi.org/10.11648/j.jim.20150406.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jim.20150406.14},
  abstract = {This paper examines the impact of regulatory environment on the effectiveness of small and medium scale enterprises. The study employed a survey approach and used the questionnaire as its major source of data collection. In order to guide the study, two research questions and hypotheses that are consistent with the objectives of the study were raised. The population of study consists of 105 staff of selected five small and medium scale enterprises in Owerri. The researchers used purposive sampling technique to select 89 members of staff as the sampled unit. The mean score  was the tool for data analysis, and from the findings, the researchers concludes that regulatory environment has significant impact on business competitiveness and innovativeness which were used to proxy effectiveness of small and medium scale enterprises. Based on the findings also, the researchers among others recommended that consultation between SME regulators and operators of SMEs can help address some of the harsh consequences of the regulatory environment.},
 year = {2015}
}

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TY  - JOUR
T1  - The Impact of Regulatory Environment on the Effectiveness of Small and Medium Scale Enterprises: A Study of Selected Small and Medium Scale Enterprise in Owerri
AU  - Chikwe Goddey Chukwudi
AU  - Joel Augustus-Daddie
AU  - Achiole Emmanuel Ayozie
Y1  - 2015/08/29
PY  - 2015
N1  - https://doi.org/10.11648/j.jim.20150406.14
DO  - 10.11648/j.jim.20150406.14
T2  - Journal of Investment and Management
JF  - Journal of Investment and Management
JO  - Journal of Investment and Management
SP  - 311
EP  - 318
PB  - Science Publishing Group
SN  - 2328-7721
UR  - https://doi.org/10.11648/j.jim.20150406.14
AB  - This paper examines the impact of regulatory environment on the effectiveness of small and medium scale enterprises. The study employed a survey approach and used the questionnaire as its major source of data collection. In order to guide the study, two research questions and hypotheses that are consistent with the objectives of the study were raised. The population of study consists of 105 staff of selected five small and medium scale enterprises in Owerri. The researchers used purposive sampling technique to select 89 members of staff as the sampled unit. The mean score  was the tool for data analysis, and from the findings, the researchers concludes that regulatory environment has significant impact on business competitiveness and innovativeness which were used to proxy effectiveness of small and medium scale enterprises. Based on the findings also, the researchers among others recommended that consultation between SME regulators and operators of SMEs can help address some of the harsh consequences of the regulatory environment.
VL  - 4
IS  - 6
ER  -

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