Browsing by Author "Abubakar, Lamino Hauwa"

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    EFFECTS OF CONTEXT FACTORS ON POST-SUCCESSION PERFORMANCE OF FAMILY BUSINESSES IN NIGERIA
    (Department of Entrepreneurship Studies, Nasarawa State University Keffi, 2020-09-09) Paul, Vincent; Abubakar, Lamino Hauwa; Ibrahim, Hauwa Victoria; Obere, Yahaya Muhammad
    This study surveyed the effect of context factors on post-succession performance of family businesses in Nigeria on post-succession performance of family businesses in Nigeria. In the study, post-succession performance were measured by successor understanding of business context, comprehensive perception of business cycle and environment and monitoring employee while survey design was adopted as research design. The population of the study is eight hundred and fifty eight (858) family businesses selected in Nigeria. The whole numbers of selected businesses were used as the target population for the study. The data collected were tested for reliability. The result of the reliability indicates a Cronbach Alpha of 82% which implies that the instrument was capable of measuring the views of the respondents with consistency. The data collected were analyzed using regression techniques. The analysis was done for each zone and their combined effects using panel regression. The study found that a unit increase in the level of successor understanding of the business results will increase performance. Also, increase in comprehensive perception of business cycle and environment and monitoring of employee will increase performance. In line with the findings and the conclusion above, the study thus recommends that successors should equip themselves with the understanding of the business environment and its cycles as well as ensuring that the right people are in charge through careful search and proper placement in strategic positions of the business. This will lead to a better focus thus resulting in improved performance and development of the businesses.
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    EXAMINING THE STRATEGIES OF FILLING SENIOR POSITIONS FOR EFFECTIVE SUCCESSION OF SELECTED BUSINESS ENTERPRISES IN NIGERIA
    (Department of Entrepreneurship Studies, Nasarawa State University, Keffi., 2020-08-20) Paul, Vincent; Abubakar, Lamino Hauwa; Abdullahi, Bariratu
    Effective succession planning is a critical factor for any organization yearning sustainable performance, growth, internal effectiveness and efficiency, and avoiding defenselessness to decline and collapse of the enterprise. This study examines the strategies of filling executive positionsof selected business enterprises in Northern States Nigeria. The population of this study comprised of six hundred and fifty four (654) selected businesses registered with Corporate Affiars Commission (CAC) of Nigeria as at January 2018 which were examined in Northern States of Nigeria. Out of the total population, five hundred and twenty (520) firms provide the required, valid and reliable information as they have transited and are in their second, third generations and above. study uses frequency counts andpercentages to analyse the data collected. It was found that the business enterprises are motivated to fill their executive positions both by the need for recursion and adaptation. It is also found that management takes into consideration the possession of relevant experience and the company’s culture when bringing in new executives as successors. The study recommended that since the managements of these organisations takes the organisations’ culture as very important in the recruitment of executives to top positions, they should rather develop an internal strategy of grooming their own executives since they are much more likely to be familiar with the organisations’ culture instead of employing external executive who must study the system for period of time before resuming action for effective and efficient running of the organizations’ activities.
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    GENDER GAP IN ENTREPRENEURIAL LEADERSHIP AND CHALLENGES FACING WOMEN IN SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA
    (Department of Entrepreneurship Studies, Nasarawa State University Keffi, 2021-03-03) Andah, Ruth Angbazo; Abubakar, Lamino Hauwa; Paul, Vincent; Rikwentishe, Rimamnde
    This study examines gender gap in entrepreneurial leadership and challenges facing women entrepreneurs of small and medium scale enterprises in Nigeria. The major objective of the study was to determine women entrepreneurs’ capacity in bridging leadership while running small businesses. The study however, employed survey research design as copies of questionnaire were administered and information was generated from respondents that formed the population of the study. The study covered six geo-political zones of Nigeria within the spanned period of 2015 to 2019 and the total population of the study comprised of 839 selected small and medium scale businesses across the zones which also served as the sample size. The study reveals that ethnic-religious, poor access to finance, inadequate training and access to information pose a serious threat to women efforts in Entrepreneurship and SMEs development. On the other hand, women were attracted to small and medium scale enterprises because of the perceived flexibility to manage work and family, this flexibility did not negate the constraints of family responsibilities and helped to account for the fact that many women were sole operators, working part time in the business. The study recommended that, women entrepreneurs should be given adequate entrepreneurial skills through formal education, be granted equal privileges to men in our various communities in the country, and be given both financial and humanitarian support to participate in the entrepreneurship management in order to enhance quality and industrious activities toward entrepreneurship development in Nigeria as well as the globe
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    IMPACT OF FAMILY VALUES ON FAMILY BUSINESS POSTSUCCESSION PERFORMANCE IN NIGERIA
    (Department of Entrepreneurship Studies, Nasarawa State University, Keffi., 2020-03-11) Paul, Vincent; Abubakar, Lamino Hauwa; Emmanuel, Kukah; Andah, Angbazo Ruth
    This study adopts the use of survey research design with a sample size of two hundred and sixty (260) to examine impact of family values on family business post-succession performance in Nigeria. The data were collected using a five-point Likert scale questionnaire and were analysed using multivariate regression. From the analysis, it was found that firm values has significant effect on post succession performance, firm values has significant effect on family firm’s growth of family business, enterprise core values has significant effect on family business operations, firm values has significant effect on business ownership, firm values has significant effect on business and firm values has significant effect on business management. Based on the findings, it is concluded that the values considered significant by a family business owner and family members are also important to the success of the business and its growth. Some may have economic values like maximum profit or expanding the business, while others find enjoying work as a fundamental value for success in the business. Therefore, the study recommends that family should uphold those values that will enhance enterprise activities for better expansion and improved development. Hence, family business should not destroy the image of the family or weaken the family established harmony in decent society in order to improve family business performance. Also, family enterprises should sustain the four enterprise core values (order, success, community, and synergy) which are considered as the enterprise core values of every existing business in the world including family enterprises.
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    IMPACT OF NATIONAL HOUSING FUND CONTRIBUTION AND MORTGAGE FINANCING OF HOUSING DELIVERY ON STAFF OF THE FEDERAL POLYTECHNIC, NASARAWA NIGERIA
    (Department of Entrepreneurship Studies, Nasarawa State University, Keffi., 2020-05-24) Paul, Vincent; Abubakar, Lamino Hauwa; Dogara, Nasiru Danladi; Andah, Angbazo Ruth; Obere, Yahaya Muhammad
    This study examined the impact of National Housing Fund contribution and mortgage financing of housing delivery on staff of the Federal Polytechnic, Nasarawa Nigeria. The main objective of the study was to determine the contribution of National Housing Fund (NHF) scheme on housing delivery in Nigeria with specific focus on houses improvement for the employees of Federal Polytechnic Nasarawa, Nigeria and Ex-post facto research design was employed as it is due to the nature of the study which is time series data while the population consists of the contribution of NHF for Nine (9) years i.e. between the periods of 2010 to 2018 to the staff of Federal Polytechnic Nasarawa. The result of the study shows that increase in national housing fund contribution will increase mortgage finance in federal polytechnic Nasarawa because there is positive significant effect between the variables. From the findings, the study concludes that the contributions of National Housing Fund through primary Mortgage institutions to housing financing in Nigeria is faced with certain challenging factors, and problems and there is need to proffer possible solutions in-order to boost the flow of funds into the housing sector. Based on the findings, the study recommended that the financing of national housing programmes should be viewed primarily as a national responsibility of the government. The private sector should be encouraged also to provide the bulk of actual investment funds for housing to middle income and upper income groups of the society. For the low-income group, however, continued public support, individual initiative through entrepreneurial spirit and labour movement will be required for housing and movement involvement will also be required for housing and community development. Keywords: Appraisal, Entrepreneurship Development, Contribution, Housing Delivery, National Housing Fund.
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    INFLUENCE OF PERSONAL QUALITIES OF CEOS ON FAMILY BUSINESS PERFORMANCE IN NIGERIA
    (Department of Entrepreneurship Studies, Nasarawa State University, Keffi., 2019-06-30) Paul, Vincent; Abubakar, Lamino Hauwa; Sam, Tende B.A.
    This study surveyed the influence of personal qualities of Chief Executive Officers (CEOs) on the performance of family businesses in Nigeria. This area of research is important given that researchers in the area of behavioural finance and in management argue that CEOs characteristics such as assumption of control, willingness of successors to manage the business, level of entrepreneurship knowledge, understanding of successor on the competitive nature of business and legal knowledge of the business influence the way business problems are perceived and the decision making process. The numerous and growing challenges which businesses face, particularly in the area of operations ,cost-cutting and production efficiency makes the need to examine how CEOs personal qualities could be beneficial for firm performance. The personal characteristics for 1,215 CEOs across all states of the Nigeria federation were examined out of which only 859 respondents provided the required information. The study adopts survey research and the regression result shows that CEOs personal qualities have significant influence on business performance. Hence, the study recommends that successors to family business should be made to undergo training prior to succession; to enable them have relevant business experience in the operation of such business and be prepared character wise before taking over the family business. More so, to develop good approach in attending to their customers, family members and stakeholders since the study shows that these qualities influence business performance.