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INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016 open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15 |
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| Paper Title: | The Influence of Governance Structures on the Performance of Women-owned Small and Medium Enterprises in Meru District, Tanzania |
| Authors Name: | Joyce Henock Nyiti , Dr. Samuel Obino Mokaya PhD |
| Unique Id: | IJSDR1611015 |
| Published In: | Volume 1 Issue 11, November-2016 |
| Abstract: | Small and Medium enterprises (SMEs) in Meru District are growing to some extent but the enterprises are operated under severe internal and external constraints. It is realized that women-owned SMEs underperform because they lack corporate governance structures to influence their performance. For that reason, corporate governance has become a global concern since researchers have established a strong link between governance structures and business performance. The main purpose of the study was to investigate influence of governance structures on the performance of women-owned SMEs in Tanzania. A descripto-explanatory research design was adopted for the study covering a sample size of 30 respondents comprising of business owners, managers and employees in Usa-river ward, Meru district, Tanzania. Data was collected using semi-structured questionnaires that were distributed to respondents at their work stations. Data analysis involved both descriptive and inferential statistics to determine the status of the variables and also to establish the influence of independent variables on the performance of the SMEs. Descriptive data included frequencies and percentages whereas the inferential tools comprised of correlation and Chi-square tests. A pearson product moment correlation test established a positive correlation between power structure and performance of small and medium enterprises with a correlation coefficient of 0.350. The results of chi-square test revealed a strong association between resource control and performance of the women-owned small and medium enterprises. χ2 = 32.476, p = .000. Chi-square test also revealed a strong association between transparency and performance of the women-owned small and medium enterprises. χ2 = 17.506, p = .025. The study recommends that the government and the enterprise owners should provide the required business skills and knowledge to employees through training as well as reviewing strategies and methods for implementing transparency as laid down in the SMEs Development policy. |
| Keywords: | Enterprise performance, corporate governance, governance structures, power structure, resource control and transparency |
| Cite Article: | "The Influence of Governance Structures on the Performance of Women-owned Small and Medium Enterprises in Meru District, Tanzania", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.1, Issue 11, page no.89 - 95, November-2016, Available :http://www.ijsdr.org/papers/IJSDR1611015.pdf |
| Downloads: | 000346976 |
| Publication Details: | Published Paper ID: IJSDR1611015 Registration ID:160939 Published In: Volume 1 Issue 11, November-2016 DOI (Digital Object Identifier): Page No: 89 - 95 Publisher: IJSDR | www.ijsdr.org ISSN Number: 2455-2631 |
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