MSMEs play a significant role as engines of economic transformation and industrialization for both developed and developing countries. This study examines the impact of adaptability and risk management on the performance of women-owned MSMEs in FCT-Abuja, Nigeria. To examine the impact of adaptability on the performance of women-owned micro, small and medium enterprises in FCT-Abuja and to evaluate the impact of risk management on the performance of women-owned micro, small and medium enterprises in FCT-Abuja. A survey design was employed, targeting all registered businesses owned by women entrepreneurs across the six area councils of FCT-Abuja, with a sample size of 433 structured questions distributed with only 395 respondents, representing 91.2%. The study reveals that adaptability has no significant impact on the performance of women-owned MSMEs in FCT Abuja. Risk management has a significant positive impact on the performance of women-owned MSMEs in FCT Abuja. The study concludes that effective risk management practices play a critical role in the business performance of women-owned MSMEs in FCT, Abuja. From the findings, for adaptability, the study recommends that policy should focus on providing practical support in areas that directly affect business operations and equip women entrepreneurs with risk management tools and techniques to effectively manage risk.
GORA et al. (Thu,) studied this question.
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