IIARD International Institute of Academic Research and Development

IIARD International Journal of Economics and Business Management (IJEBM )

E-ISSN 2489-0065
P-ISSN 2695-186X
VOL. 9 NO. 1 2023
DOI: https://doi.org/10.56201/ijebm.v9.no1.2023.pg48.61

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Investment Decisions and Small-Scale Business Sustainability in University of Calabar, Nigeria

Atah, Cletus Akpo PhD, Ogbiji, Michael Okpe, Idike, I. M. PhD, Ochui, Moses Orim

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Abstract

The study ascertains the influence of investment decisions and small-scale business sustainability at the University of Calabar, Nigeria. To achieve the purpose of the study, three research questions were asked, and three research hypotheses were formulated to guide the study, which was tested at the 0.05 level of significance. The study adopted a survey research design. The population of the study consisted of one hundred and seventy-six (176) small-scale business operators on the main campus of the University of Calabar, who were all involved in the study. The questionnaire titled "Investment Decision and Small-Scale Business Sustainability Questionnaire (IDSCBSQ)" was used for data collection. The collected data were used to calculate the mean (X) and standard deviation (SD), while the null hypotheses were tested at the 0.05 level of significance using an independent t- test. The findings of the study showed that investment decisions, strategic investments, and the expansion of investments influence small-scale business sustainability in universities in Calabar with high influence (HI). While the text of the hypotheses revealed that there is no significant difference in the mean rating of the male and female respondents on the influence of capital budgeting, strategic investment, and expansion of investment on small-scale business sustainability, It is concluded, among others, that investment in small-scale business enterprises will continue to yield proportionate returns in terms of investment in small-scale business operators; it is recommended, among other things, that the government should train small-scale business operators to improve their business operations.

keywords:

Investment, small-scale, business and sustainability

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References:

Ajuluchukwu, E. N.; Akeke, M. N. G. & Eleng, S. N. (2021). Economic environment and the
development of small-scale businesses in Calabar Metropolis of Cross River State, Nigeria:
International Research Journal of Finance and Economics
9-15 retrieved from
http://www.internationalresearchjournaloffinanceandeconomics.com

Akeke. M. N. G. (2017). Small scale business failure: implication to Nigerian economy:
International Journal of Arts and Humanities. 1(4) 324-335

Atah, C. A. & Bessong, E. B. (2018). Impact of record keeping for sustainability of small scale
business operators for National economy development in Nigeria. Journal of Association
business educators of Nigeria (ABEN) Vol. 5 (1) 102-114 URL: http://www.nigjbed.com.ng

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