Understanding CEO compensation plans is a continuing challenge for directors and investors. The disclosure of these plans is dictated by SEC rules that rely heavily on the “fair value” of awards at the time they are granted. The problem with these numbers is that they are static and do not...

Whether female entrepreneurs are disadvantaged in financing their business has been an important policy theme within the gender and enterprise literature. The question has remained controversial, as different methodological approaches have yielded contradictory results. A particular challenge is...

The potential of small and micro-enterprises (SMEs) in promoting economic growth in both developed and developing countries is widely accepted and documented by both scholars and policy makers. Lack of access to sufficient financing for these SMEs, especially in developing countries, has been...

The study examines an aspect of indigenous Nigerian entrepreneurship, focusing on the cross-border trade in South-Western Nigeria. An almost total ignorance of how the traders go about their business, coupled with an unwelcoming trading environment, appear to have caused the antipathy of policy...

Many developing countries have not benefited from the technological changes that havetaken place over the last 30 years. Uganda has been no exception. The countrycontinues to have over 30 percent of its people below the poverty line. This is despitethe appropriateness of macro economic policy...

This thesis is a contribution to our understanding of business groups in the small busi-ness sector. Specifically, its aim is to verify to what extent the consideration of entrepre-neurial processes can advance our understanding of this phenomenon. A ‘business group’ is a set of companies...

The paper examines the relationship between the state of necessity and entrepreneurial activity, through qualitative case studies from Uganda and Sri Lanka, and a survey of 1006 Ugandan adults. Questions are posed on the tenability of hypothesis that necessity is a primary motive for business...

Previous research demonstrates that entrepreneurial processes underpin the growth of business groups. A business group is a set of companies controlled by the same entrepreneur. Case studies of portfolio entrepreneurs suggest that one of the main reasons for business group formation is the need...

Most theories seeking to explain why business groups are formed are focused on large firms, but in recent years there is growing interest on why business groups are formed in the small firms sector. In this paper we contrast two theoretical perspectives that may account for business group...