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The impact of Parental Leave on the innovative performance of micro and small-scale Enterprises in Ondo State

Author

Listed:
  • Bukola Olaosebikan Ogunribido

    (Bamidele Olumilua University of Education, Science and Technology, Ikere. Ekiti State, Nigeria)

  • Jeremiah Sunday Daramola

    (Adekunle Ajasin University, Akungba Akoko, Ondo State, Nigeria)

Abstract

Micro and small-scale business enterprises has been adjudged as an important contributor to the development of Nations across the globe, but most of the time they are excluded from the leave policies and support that the big organisations receive to improve organizational performance. Employees run to big organization whenever the opportunities arise and still make meaningful contributions. The aim of this study was to examine how parental leave policies can be beneficial to the small business enterprises performance. The specific objective was to investigate the relationship between parental leave policy and the innovative performance of micro and small-scale enterprises in Ondo State. Nigeria. Structured questionnaire was used to collect primary data from 324 respondents who are either owners, managers or employees in the micro and small-scale enterprises. Multistage sampling technique was used to select the sample size used for this study. The data collected was analysed using a regression model. The results obtained showed that parental leave have a positive and significant effect on the innovative performance of the micro and small -scale enterprises examined (β = 0 .512, t = 8.681, and P = 0.000). Although, the significant relationship was weak (R2 = 0.19). It was therefore recommended that the government should make parental leave policy accessible to micro and small-scale business employees in Ondo State, and provide the necessary support structures to encourage the adoption of parental leave by small business owners and the employees and subsequently improve performance. Employers should look beyond the cost and use parental leave to elicit employee innovative performance.

Suggested Citation

  • Bukola Olaosebikan Ogunribido & Jeremiah Sunday Daramola, 2024. "The impact of Parental Leave on the innovative performance of micro and small-scale Enterprises in Ondo State," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(10), pages 2286-2292, October.
    • Handle: RePEc:bcp:journl:v:8:y:2024:i:10:p:2286-2292
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    References listed on IDEAS

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    1. Leyla MAHMUDOVA & Judit KATONÁNÉ KOVÁCS, 2018. "Definitining The Performance Of Small And Medium Enterprises," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 12, pages 111-120, December.
    2. Rabindra Kumar Pradhan & Lalatendu Kesari Jena, 2017. "Employee Performance at Workplace: Conceptual Model and Empirical Validation," Business Perspectives and Research, , vol. 5(1), pages 69-85, January.
    3. Egle Vaznyte & Petra Andries & Sarah Demeulemeester, 2021. "“Don’t leave me this way!” Drivers of parental hostility and employee spin-offs’ performance," Small Business Economics, Springer, vol. 57(1), pages 265-293, June.
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