Does the presence of governance structure affect small and medium-sized enterprise performance? Evidence from an emerging market
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F20%3A63526834" target="_blank" >RIV/70883521:28120/20:63526834 - isvavai.cz</a>
Result on the web
<a href="https://eber.uek.krakow.pl/index.php/eber/article/view/796||https://eber.uek.krakow.pl/index.php/eber/article/download/796/622" target="_blank" >https://eber.uek.krakow.pl/index.php/eber/article/view/796||https://eber.uek.krakow.pl/index.php/eber/article/download/796/622</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.15678/EBER.2020.080307" target="_blank" >10.15678/EBER.2020.080307</a>
Alternative languages
Result language
angličtina
Original language name
Does the presence of governance structure affect small and medium-sized enterprise performance? Evidence from an emerging market
Original language description
Objective: The objective of the article is to determine the effect of governance structure components (audit committee presence, board size adequacy, and board leadership) on SMEs' performance and the moderating effect of chief executive officer (CEO) tenure on the influence of governance structure on SMEs' performance in Ghanaian context. Research Design & Methods: We sampled 145 respondents from selected SMEs in the Ghanaian manufacturing, telecommunication, and financial sectors for the study. All selected participants completed questionnaires on governance structure and shared their informed perception of the enterprises' performance. The data gathered were analysed using multiple regression analysis and Hayes' process macro. Findings: The results indicated that board leadership, the presence of an audit committee, and board size adequacy do not significantly influence SMEs' performance. The results further revealed that CEO tenure is a significant negative moderator to the influence of the governance structure on SMEs' performance. Implications & Recommendations: Future studies must focus on how SMEs in Ghana can put CEOs and board succession plans in place so as to ensure creativity/innovation. Contribution & Value Added: This study contributes to the body of knowledge relating to the governance structure's influence on various indicators of business performance of SMEs in Ghana. Therefore, this study sought to assess the contribution of corporate governance structures to the performance of SMEs in Ghana. This would help SMEs to know which aspects of their governance structure should be strengthened to effectively contribute to their success.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Entrepreneurial Business and Economics Review
ISSN
2353-883X
e-ISSN
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Volume of the periodical
8
Issue of the periodical within the volume
3
Country of publishing house
PL - POLAND
Number of pages
17
Pages from-to
117-133
UT code for WoS article
000601167800007
EID of the result in the Scopus database
2-s2.0-85093870333