Lammers, Judith; Willebrands, Daan; Hartog, Joop - Tinbergen Instituut - 2010
This paper analyses the effect of risk attitudes of firm owners on profits among micro and small enterprises (MSEs) in Lagos, Nigeria. Higher risk perceptions are shown to have a significant positive effect on profits, whereas risk propensity has a negative or no effect. Education, age, being...
