The Role of Accounting Information in the Success of Small & Medium Enterprises (SMEs) in Zimbabwe: A Case of Harare

Journal of Business and Management (DRJ-JBM), Volume 1 ~ Issue 1 (January, 2018) pp: 01-15

15 Pages Posted: 14 Feb 2018

See all articles by Kenneth A Nyathi

Kenneth A Nyathi

Independent

Thabani Nyoni

University of Zimbabwe

Munyaradzi Nyoni

Independent

Wellington Garikai Bonga

Great Zimbabwe University

Date Written: January 31, 2018

Abstract

The contribution of a vibrant Small and Medium Enterprises (SMEs) sector in the socio – economic development of Zimbabwe has been widely recognized. In view of its increasing importance, the success of SMEs has been of interest to a plethora of researchers and economists and has therefore, become the subject of a great deal of analysis. SMEs in Zimbabwe continue to perform badly and hence have not yet played the expected vital and vibrant role of materializing the much needed economic growth and development. This study investigated the role of accounting information in the success of SMEs. The research was prompted by poor performance of many SMEs in Harare. The study was based on a survey. Sample selection was done using both random sampling and researchers’ judgement. Amongst other findings, the study indicates that the majority of SMEs do not use accounting information for decision making. Amongst other policy prescriptions, SMEs in Zimbabwe are encouraged to keep full accounting records in order to facilitate meaningful decision making for their own success.

Keywords: Accounting Information, Accounting Practices, Economic Growth, Small & Medium Enterprises, SMEs Management

JEL Classification: M00, M10, M40, M41

Suggested Citation

Nyathi, Kenneth A and Nyoni, Thabani and Nyoni, Munyaradzi and Bonga, Wellington Garikai, The Role of Accounting Information in the Success of Small & Medium Enterprises (SMEs) in Zimbabwe: A Case of Harare (January 31, 2018). Journal of Business and Management (DRJ-JBM), Volume 1 ~ Issue 1 (January, 2018) pp: 01-15 . Available at SSRN: https://ssrn.com/abstract=3114042

Kenneth A Nyathi (Contact Author)

Independent ( email )

No Address Available

Thabani Nyoni

University of Zimbabwe ( email )

Mashonaland
Zimbabwe

HOME PAGE: http://www.uz.ac.zw

Munyaradzi Nyoni

Independent ( email )

No Address Available

Wellington Garikai Bonga

Great Zimbabwe University ( email )

P. O. Box 1235
Masvingo
Masvingo, Masvingo 00263
Zimbabwe

Register to save articles to
your library

Register

Paper statistics

Downloads
178
Abstract Views
498
rank
170,019
PlumX Metrics