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 … firms earn lower profits. Overall, the results suggest that being aware and dealing cautiously with risk leads to higher …

survival. This paper suggests a lending guarantee technology based on risk sharing through a de facto shareholding agreement to … cover potential losses and reduce the premature default risk. The simulation of a typical entrepreneurial experiment shows … that the key SMEs dynamics (value creation, profitability, risk, leverage, and equity multiplier, among others) and other …