PMID- 31372528
OWN - NLM
STAT- PubMed-not-MEDLINE
LR  - 20231013
IS  - 2405-8440 (Print)
IS  - 2405-8440 (Electronic)
IS  - 2405-8440 (Linking)
VI  - 5
IP  - 7
DP  - 2019 Jul
TI  - Social capital and its effect on business performance in the Nigeria informal 
      sector.
PG  - e02024
LID - 10.1016/j.heliyon.2019.e02024 [doi]
LID - e02024
AB  - This study was aimed at investigating the effect of internal and external social 
      capital on the financial and non-financial performance of businesses in the 
      Nigerian informal sector. The study further investigated the controlling role of 
      firm age. A cross-sectional survey of 650 informal business owners in the Ikeja 
      region of Lagos state, Nigeria was carried out. The analysis was carried out 
      using the partial least square method of the structural equation model (SEM). 
      Findings revealed that without the controlling variable of firm age, social 
      capital had a significant effect on business performance, internal social capital 
      had a significant effect on non-financial performance, it, however, had no 
      significant effect on financial performance, while external social capital had no 
      significant effect on financial and non-financial performance. With the 
      controlling variable of firm age, social capital had a significant effect on 
      business performance, internal social capital had a significant effect on 
      financial and non-financial performance, while external social capital had no 
      significant effect on financial and non-performance. The study, therefore, 
      recommended that informal entrepreneurs take advantage of their internal social 
      capital resources and also try to build their external social capital as they may 
      become vital for their business success.
FAU - Akintimehin, Olamide Oluwabusola
AU  - Akintimehin OO
AD  - Department of Business Studies, Landmark University, Omu Aran, Nigeria.
FAU - Eniola, Anthony Abiodun
AU  - Eniola AA
AD  - Department of Business Studies, Landmark University, Omu Aran, Nigeria.
FAU - Alabi, Oluwatobi Joseph
AU  - Alabi OJ
AD  - Department of Sociology, University of Johannesburg, Johannesburg, South Africa.
FAU - Eluyela, Damilola Felix
AU  - Eluyela DF
AD  - Department of Accounting and Finance, Landmark University, Omu Aran, Nigeria.
FAU - Okere, Wisdom
AU  - Okere W
AD  - Department of Economics, Accounting and Finance, Bells University of Technology, 
      Ota, Nigeria.
FAU - Ozordi, Emmanuel
AU  - Ozordi E
AD  - Department of Accounting, Covenant University, Ota, Nigeria.
LA  - eng
PT  - Journal Article
DEP - 20190725
PL  - England
TA  - Heliyon
JT  - Heliyon
JID - 101672560
PMC - PMC6661269
OTO - NOTNLM
OT  - Business
OT  - Business performance
OT  - Informal sector
OT  - Nigeria
OT  - Social capital
EDAT- 2019/08/03 06:00
MHDA- 2019/08/03 06:01
PMCR- 2019/07/25
CRDT- 2019/08/03 06:00
PHST- 2019/02/28 00:00 [received]
PHST- 2019/04/29 00:00 [revised]
PHST- 2019/06/28 00:00 [accepted]
PHST- 2019/08/03 06:00 [entrez]
PHST- 2019/08/03 06:00 [pubmed]
PHST- 2019/08/03 06:01 [medline]
PHST- 2019/07/25 00:00 [pmc-release]
AID - S2405-8440(19)35684-1 [pii]
AID - e02024 [pii]
AID - 10.1016/j.heliyon.2019.e02024 [doi]
PST - epublish
SO  - Heliyon. 2019 Jul 25;5(7):e02024. doi: 10.1016/j.heliyon.2019.e02024. eCollection 
      2019 Jul.