International records / OpenAlex research
THE EFFECT OF VENTURE CAPITAL FINANCING ON THE ECONOMIC VALUE ADDED PROFILE OF NIGERIAN SMEs
This study examines the use of venture capital (VC) financing for small and medium-scale enterprise (SME) development in Nigeria by comparing the economic value added (EVA) of venture capital-backed SMEs and those of non-venture capital-backed SMEs. Three independent variables were specified namely: Equity finance, management support, and technical support, and the following tests were conducted: paired t-tests for significance of the differences in dependent and independent means, f-test for significance of R2 and t-test for significance of individual regression coefficients. 120 sets of ques…
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