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The Financial Performance of Non-farm Microenterprises in Ghana

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Author Info

  • Masakure, Oliver
  • Cranfield, John
  • Henson, Spencer

Abstract

Summary This paper analyzes the effect of firm and other characteristics on the incidence and intensity of improved financial performance among non-farm microenterprises in Ghana, using data from the 1998/1999 Ghana Living Standards Survey (GLSS 4). The results indicate that firm characteristics, including urban and regional location, significantly affect the incidence and intensity of improved performance, but entrepreneurial characteristics are unimportant. The firm's capital stock does not affect the propensity and intensity of better performance, reflecting that the value of assets owned is low and insufficient to have a measurable impact on enterprise productivity and performance.

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Bibliographic Info

Article provided by Elsevier in its journal World Development.

Volume (Year): 36 (2008)
Issue (Month): 12 (December)
Pages: 2733-2762

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Handle: RePEc:eee:wdevel:v:36:y:2008:i:12:p:2733-2762

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Web page: http://www.elsevier.com/locate/worlddev

Related research

Keywords: Ghana microenterprises performance;

References

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Citations

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Cited by:
  1. Jean-Pierre Lachaud, 2010. "Dynamique des profits des micro-entreprises urbaines et genre à Madagascar. Une approche de régressions quantiles," Working Papers hal-00616788, HAL.
  2. Peters, Jörg & Vance, Colin & Harsdorff, Marek, 2011. "Grid Extension in Rural Benin: Micro-Manufacturers and the Electrification Trap," World Development, Elsevier, vol. 39(5), pages 773-783, May.
  3. Willebrands, Daan & Lammers, Judith & Hartog, Joop, 2012. "A successful businessman is not a gambler. Risk attitude and business performance among small enterprises in Nigeria," Journal of Economic Psychology, Elsevier, vol. 33(2), pages 342-354.
  4. Martijn Boermans & Daan Willebrands, 2012. "Financial constraints, risk taking and firm performance: Recent evidence from microfinance clients in Tanzania," DNB Working Papers 358, Netherlands Central Bank, Research Department.
  5. Abiola Babajide Ph.D, 2012. "Effects of Microfinance on Micro and Small Enterprises (MSEs) Growth in Nigeria," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 2(3), pages 463-477, July.

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