The Effects of Separating Ownership and Control on the Performance of Retail Stores in Southern Zimbabwe

Shumba, Victor; Manzini, Sibongile; Ndlovu, Njabulo

doi:10.2139/ssrn.2457767

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B) Registered Informal Businesses1

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2014

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“…Wild (1997) observed most black entrepreneurs did not have formal structures and did not practice corporate governance. Shumba, Manzini and Ndlovu (2014) observed that companies that operated informally did not experience high performance levels and growth. Under declaring profits for tax purposes, nepotism, unprofessional conduct by owners use of relatives and lack of audits expose entrepreneurs to risk and is another sign of unproductive entrepreneurship.…”

Section: B) Registered Informal Businessesmentioning

confidence: 99%