Descriptive survey reveals risk taking affects business performance in SMEs, suggesting strategic management approaches.
The study examined the effect of risk taking on business performance among small and medium enterprises in Southwestern Nigeria. The study adopted a descriptive survey research design. Primary data were employed for the study. The study population comprised 26,744 SMEs in Southwestern Nigeria (NBS-SMEDAN, 2021 Report). A sample size of 394 SMEs were derived using the Taro Yamane (1967) formula for the study. Multi stage sampling technique was used for the study. Data were obtained through the administration of copies of a questionnaire. Data were analysed using mean, percentages and regression analysis.
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Akinlo Ilemobayo (2025) studied this question.
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