Williams, C.C. orcid.org/0000-0002-3610-1933 and Kedir, A.M. orcid.org/0000-0002-0728-8807 (2020) Evaluating the impact of registration on future firm performance in the Middle East and North Africa region: evidence from the World Bank Enterprise Survey. International Journal of Entrepreneurship and Small Business, 41 (4). pp. 473-489. ISSN 1476-1297
Abstract
The aim of this paper is to investigate whether the future firm performance of formal enterprises that started-up unregistered and spent longer unregistered are significantly different to those that registered at the outset. Reporting World Bank Enterprise Survey data on 3,420 formal enterprises from eleven countries in the Middle East and North Africa (MENA) region, and controlling for other determinants of firm performance as well as the endogeneity of the registration decision using the Heckman selection model, the finding is that unregistered firms at start-up witness lower sales and productivity growth but higher employment growth rates. The effect of the registration decision on future performance thus depends on the performance indicator analysed. The theoretical implications are then discussed along with the limitations and future research required.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2020 Inderscience Enterprises Ltd. |
Keywords: | entrepreneurship; enterprise culture; informal economy; informal sector; productivity; firm performance; start-ups; Middle East; Africa |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Management School (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 18 Dec 2020 15:15 |
Last Modified: | 18 Dec 2020 15:50 |
Status: | Published |
Publisher: | Inderscience Publishers |
Refereed: | Yes |
Identification Number: | 10.1504/IJESB.2020.111574 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:169259 |