Open Access Original Research Article

Small Scale Enterprises in Nigeria: Towards Its Sustainability

D. J. Micah, E. E. Okafor, O. A. Idowu, S. J. Orija

Journal of Economics, Management and Trade, Page 1-12
DOI: 10.9734/JEMT/2017/17087

Small Scale Enterprises (SSEs) remained veritable tool to overcome the scourge of poverty in the developing nations of the world. In this line, the study investigated the role of government in sustaining the sector.

A sample of 200 respondents was randomly selected from targeted small scale traders through the application of questionnaire. This was complemented with In-Depth Interview (IDIs).

Sixteen percent of the respondents benefitted from the government in the form of soft loans and training workshops. At the same time, 64% of the traders complained the non challant attitude of government at promoting the sector. This was in the form of access to loan, taxes, electricity, and security to lives and properties. Sources of financing SSEs consisted of family (27.0%), personal income (51.0%), friends (6.0%), cooperative (7.0%) and government aids (9.0%) 

SSEs suffered from a low level of government investment and attentions despite its capacity to serve as major employer of youths. It is strongly recommended that government at all levels should incorporate in their policy agenda the social transformation of small scale sector. This will go a long way of mitigating the scourge of poverty in Nigeria.

Open Access Original Research Article

The Environment of Small and Medium-sized Enterprise (SME) of the Developing Countries: Vector or Inhibitor for Their International Performance?

Bello .

Journal of Economics, Management and Trade, Page 1-19
DOI: 10.9734/JEMT/2017/35784

The main purpose of this paper is to describe and explain the performance of small and medium-sized enterprises abroad. This concern is motivated by the results of numerous studies that make Cameroonian Small and medium-sized enterprises archaic and uncompetitive organizations. Yet, these companies manage to maintain themselves in foreign markets and perform appreciably. To carry out our work, we used the hypothetico-deductive method. Thus, based on the existing literature, we have formulated two hypotheses that relate the performance of small and medium-sized enterprises abroad and their environment. The test of these hypotheses has made it possible to highlight the role of the environment in explaining the performance of small and medium-sized enterprises abroad and has pointed out the limits of the specificity of the management of small and medium-sized enterprises in the face of the threat to their survival.

Open Access Original Research Article

An Investigation of the Role of Population Age Structure and Carbon Dioxide Emissions in Africa

Abdulrasaki Saka

Journal of Economics, Management and Trade, Page 1-13
DOI: 10.9734/JEMT/2017/27663

The study investigates the effects of population age structure, that is, the number of people who could potentially be economically active (15-65 years) on carbon dioxide emissions in Africa at different income levels. The study seeks to determine whether the economically active population of the African countries play significant roles in the rising carbon dioxide (CO2) emissions on the continent or not. We employed fixed effects, random effects and generalized least squares (GLS) estimators, and measures the quantitative impacts from an augmented STIRPAT model constructed assuming that population structure, manufacturing sector, the services sector, final consumption expenditure (annual growth) are the predictors of CO2 emissions (environmental impacts). The findings suggest mixed results of positive and negative impacts of population age structure: The quantitative impacts indicate that the average impact of population age structure on CO2 emissions, when the population age structure change across time and between countries in LICA and UICA increases by 1 per cent, reduces CO2 emissions by about 0.67 per cent and 1.08 per cent respectively, holding all other predictors constant. Whereas the estimated results indicate that the average impact of population-age-structure on CO2 emissions, when the population structure change across time and between countries in LMICA increases by 1 per cent, increases CO2 emissions by about 0.52 percent, holding all other predictors constant. The implication is that in lower-middle-income-countries in Africa the active-population-age groups (15-65 years) play a significant role in carbon-dioxide-emissions load in the continent, whereas in low-income-countries and upper-income-countries in Africa the reverse is the case.

Open Access Original Research Article

Accountants’ Perceptions of IPSAS Application in Nigerian Public Sector Financial Management and Reporting

Egbunike Amaechi Patrick, Onoja Abubakar Danladi, Adeaga Jesuwunmi Caleb, J. O. Utojuba Linda

Journal of Economics, Management and Trade, Page 1-22
DOI: 10.9734/JEMT/2017/36662

This study examined accountants’ perception of IPSAS acceptance in Nigerian public sector financial management and reporting. There are conflicting or divergent views as to what will accrue or what Nigeria stand to gain as result of adoption or implementation of IPSAS in Nigerian public sectors financial management and reporting. Survey research design was adopted. Taro Yamane was used to determine the sample size of 283 from the population of 972 accountants. Data were obtained through the use of questionnaires administered on a sample size of 283 respondents from the offices of Accountant and Auditor General of Kogi and Benue States. Mean, standard deviation, line graph estimated marginal means and General Linear Model Univariate analysis were used to analyze the primary data via SPSS Version 20. The study revealed that the adoption of IPSAS will increase transparency and answerability in financial management and reporting of Nigerian Public Sector. Also that adoption and implementation of IPSAS will facilitate the quality of financial accounting reporting in the Nigerian Public Sector.  Another finding is that the benefits of adoption of IPSAS override the costs in Nigerian Public Sector. We therefore conclude that the adoption of accrual basis of accounting though has not been applied before in Nigeria but the implementation will be of immense benefits to our nation. We recommend amongst others that efforts should be geared to enshrine the requirements of IPSAS into Nigerian regulatory framework for financial management and reporting and the constitution of the Federal Republic of Nigeria.

Open Access Original Research Article

An Empirical Study of Stress and Stress Management among Faculties of Private Technical Institutions in Meerut District

Shabana ., Jyoti Singhal, Riyaj Ahmed Siddique, Surendra Kumar Agarwal

Journal of Economics, Management and Trade, Page 1-14
DOI: 10.9734/JEMT/2017/36123

Stress is often described as a silent killer because the effect of stress is not readily apparent and it is observed that high level of stress is found at workplace. Job is part and parcel of life. Stresses on the job affect the efficacy and efficiency of a person. Hence, if one is not satisfied with his/her job the quality of life is adversely affected. Earlier teaching profession was recognized low stress occupation as they had light workload, minimum working hours and smart perks such as participation in conference and seminar. Some recent studies concluded that the degree of stress among the faculty in private technical institutions is quite high because most of people in this profession experience some kind of frustration, tension and anxieties related to the job assigned to them in addition to their underpaid job as compared to the government institutions. The present study was conducted to assess the level and sources of stress among the faculties in private technical institution and find out the impact of the stress on the performance and health of the faculties. The questionnaire based on five point likert scale was used to extract the information. Private Institutes should provide adequate workload, clean and safer working environment. They should also arrange yoga camp, meditation camp, aerobics, entertaining programs etc. for the alleviation of the job stress among faculty.