“The Endogamy Tradition and Business Performance During Economic Crises in Nigeria”
The Institute of International Management and Entrepreneurship hosts monthly speaker series, featuring experts from leading institutions across the UK and around the world. Each session explores a diverse range of timely and critical topics exploring how global economic, social, and institutional forces shape entrepreneurial practices and organisational dynamics across different cultural and structural contexts.
Description
This talk by Prof. Mickiewicz will explore the role of kinship structures as informal institutions that offer social insurance to businesses in developing economies during economic downturns. The speaker will present research findings suggesting that businesses in regions with strong in-group-supporting marriage traditions (endogamy) experience reduced negative effects on profitability during crises. Endogamy tradition fosters dense networks of kinship-based contacts that support cooperation and facilitate social sanctions, which can be vital during challenging economic times. By leveraging local resources and social capital, these businesses are more likely to withstand financial pressures. The study draws on data from the 2018-2019 Nigeria Living Standard Survey to provide evidence supporting these insights.
Speaker
Tomasz Mickiewicz is Professor of Economics, Finance and Entrepreneurship at Aston Business School’s Centre for Business Prosperity. He is a Member of the Advisory Board of the European Association of Comparative Economic Studies, and an Editor for the Entrepreneurship Theory and Practice (ETP) journal.
For more information, please get in touch with the faculty coordinator, Melike Arslan.
Virtual attendance: Join via Microsoft Teams
Contact and booking details
- Name
- Melike Arslan
- Email address
- m.arslan@lboro.ac.uk
- Booking required?
- No