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Effect of Risk Taking on Business Performance Among Small and Medium Enterprises in Southwestern Nigeria

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  • Akinlo Ilemobayo (PhD)

    (Department of Business Administration, Adekunle Ajasin University, Akungba Akoko, Nigeria.)

Abstract

The study examined the effect of risk taking on business performance among small and medium enterprises in Southwestern Nigeria. The study adopted a descriptive survey research design. Primary data were employed for the study. The study population comprised 26,744 SMEs in Southwestern Nigeria (NBS-SMEDAN, 2021 Report). A sample size of 394 SMEs were derived using the Taro Yamane (1967) formula for the study. Multi stage sampling technique was used for the study. Data were obtained through the administration of copies of a questionnaire. Data were analysed using mean, percentages and regression analysis.

Suggested Citation

  • Akinlo Ilemobayo (PhD), 2025. "Effect of Risk Taking on Business Performance Among Small and Medium Enterprises in Southwestern Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(7), pages 5425-5436, July.
  • Handle: RePEc:bcp:journl:v:9:y:2025:issue-7:p:5425-5436
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    References listed on IDEAS

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    1. Akinlo Ilemobayo & Osotimehin K.O. & John Monday J.U. & Oladoye Muritala Oyetola, 2025. "Entrepreneurial Orientation and Performance of Small and Medium Enterprises in Southwestern Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(5), pages 4627-4646, May.
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