Chief executive officer characteristics and performance of small and medium scale enterprises in Ondo state
Keywords:
CEO's education, CEO's education qualification, CEO's customer-oriented, profitabilityAbstract
The aims and objective of this study is to examine the influence of CEO's education qualification on the SMEs profitability in Ondo State. The study adopts a descriptive research design. The population of the study consisted of all small and medium scale in (Oka, Akungba, Supare, Oba and Iwaro Akoko) Akoko south west. Finding revealed that CEO's education qualification has significant impact on SMEs profitability in Ondo State. Finding revealed that CEO's oriented skills has significant impact on the Small Medium Enterprises profitability in Ondo. Also, Finding showed that CEO's innovative proficiency has significant impact on the gender differences and growth of Small and Medium Enterprises in Ondo State. It was recommended that, CEO's education qualification is an important element which cannot be neglected as regards the performance of SMEs to make profitability. CEOs of small and medium scale enterprises should therefore endeavour to start up business in areas where they are very familiar with both economically and conventionally. It was also recommended that, they should be aware of business risk and their individual attitude towards risk. CEOs should therefore embrace and practice innovative proficiency attitude that will best suit the performance of their business enterprises.
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Copyright (c) 2024 Elijah Oladeji OLADUTIRE, Wale Henry AGBAJE
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