Knowledge Management Practices and Family Business Profitability: Evidence from Lagos State, Nigeria

Knowledge Management Practices and Family Business Profitability: Evidence from Lagos State, Nigeria

Olubiyi, Timilehin Olasoji

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Olubiyi

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Timilehin Olasoji

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α Babcock University

Knowledge Management Practices and Family Business Profitability: Evidence from Lagos State, Nigeria

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Abstract

Context observations have indicated that family businesses are common in Nigeria and their going concern has generated academic debate and public discourse. Nevertheless, the factors orchestrating profitability in these family businesses are divergent and geographically diverse. One of the major issue to which this can be attributed to is the rarity of proper knowledge management practices. This paper adopted survey research design. Target population comprised of 503 selected SMEs operating in Lagos State and Yamane sample size method was adopted. Data was collected through the use of structured questionnaire adapted and validated for the study. The Cronbach’s alpha coefficient for the constructs ranges between 0.850 and 0.775. The questionnaire response rate was 93.2%. The data were analyzed using descriptive and inferential (Pearson product moment correlation and regression analysis) statistics. The analysis of the data revealed that knowledge management practices had a significant effect on the profitability of family business (R 2 =0.614, F (6, 461)= 125.006) ; p

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No external funding was declared for this work.

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The authors declare no conflict of interest.

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How to Cite This Article

Olubiyi, Timilehin Olasoji. 2019. \u201cKnowledge Management Practices and Family Business Profitability: Evidence from Lagos State, Nigeria\u201d. Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 19 (GJMBR Volume 19 Issue A11): .

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GJMBR Volume 19 Issue A11
Pg. 21- 31

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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-A Classification: JEL Code: M10

Submission ReceivedDecember 11, 2018
Peer Review Double Blind
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Accepted January 5, 2019
Published January 15, 2019

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October 3, 2019

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