For instance, between 2010 and 2020, the service sector’s contribution to the GDP was 61.45% as compared to 2.4% and 25.2% for the agriculture and industrial sector in 2020. In the year 2009, the service sector accounted for 69.7% of total employment generation for the country as compared...
All economic operations have resulted in the most severe consequences for low-income citizens who have lost jobs and have limited access to food and social safety net services. Small and medium enterprises’ survival and contribution to the aggregate economy are critical for achieving sustainable ...
Small and medium-sized businesses (SMEs) played a significant role in domestic employment and inclusive GDP in developing countries such as Ethiopia. Accordingly, the purpose of this study is to investigate the determinants of sustainable growth of SMEs in developing countries, notably in Ethiopia. ...
Despite this, South Africa’s TEA ranking has improved to 27 out of 54 countries [7], with the small business sector continuing its contribution towards the South African economy. According to Bisseker [8], South African SMEs employ 47% of the workforce, contribute to more than 20% of ...
The aim of our study is to make a contribution to the literature on the determining factors of ARL, broadening the scope of such research which has traditionally focussed on large, generally listed, companies. Thus, the existence of differences in the determining factors of ARL for SMEs in con...