Relational Capital and Business Performance of Female-Owned Small Scale Enterprises in Nigeria

Abstract

This paper examines the effect of business relational capital components on business’ performance of female-owned small scale enterprises in Oyo State of Nigeria. 377 copies of questionnaire were distributed, while 152 belonging to female-owner SSEs were found useful for the analysis. The relationship with suppliers(t=9.673; p<0.005), customers(t=4.14; p<0.005) and internal networks among the employees (t=3.446; p<0.005)were found to be positively and significantly related to and predictor of the SSEs business performance. Relational capital as a whole, accounts for 67% of the variation in performance of the firms in the state studied (R²=0.671).

Keywords:Business Performance, Female, Nigeria, Relational Capital, Small Scale Enterprises