Title:
IMPACT OF COOPERATIVE SOCIETY IN IMPROVING SMALL AND MEDIUM SCALE ENTERPRISES (SME’S) IN EKITI STATE, NIGERIA

Authors:
Temitope Damilola ADEGOKE, Lawrence Boboye AJAYI (Ph.D) and Foluso Isaac AJAYI

Abstract:
The study investigated the impact of cooperative society in improving small and medium scale enterprise in Ekiti State, Nigeria. The empirical investigation made use of Descriptive and Linear Regression Analysis. The study employed Small and Medium Enterprise (SME's) as Dependent variable, and Loan extension, Financial Regulation and Cooperative Society as Independent Variables. The finding revealed that there is a positive relationship between loan extension, Cooperative Society, and the growth of SME's, but a negative relation between Financial Regulation and the SME's. The study recommended that the government should relax its financial regulations against the SME's in terms of having access to loans at a less stringent condition in order to boost the enterprise.

Keywords:
SME's, Financial Regulation and Cooperative Society

DOI:
http://dx.doi.org/10.37500/IJESSR.2021.4403