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The Effect of Governance on Entrepreneurship: from All Income Economies Perspective by Mekonnen Bogale Abegaz; Kenenisa Lemi Debela; Reta Megersa Hundie is a Business, Management and Accounting article available to read on EtoBox.

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## Abstract The purpose of this study is to analyze the effect of governance indicators on Entrepreneurship. Explanatory research design with Pearson correlation and multiple linear regression models were applied. Five-year World Bank data (2014–2018) of 126 countries from all economic development levels were used. Worldwide governance indicators considered are voice and accountability, political stability, government effectiveness, regulatory quality, rule of law, and corruption control. Gross net income was taken as a control variable. To measure entrepreneurship, the number of formally registered limited liability businesses as a percentage of the working-age population, was used. To make highly skewed time series data of dependent variable (entrepreneurship) closer to normal, logarithmic transformation was made and heteroscedasticity of residuals was checked. The finding of Pearson correlation shows that there are moderate to strong significant correlations (0.466 ≤ __r__ ≤ 0.806, __p__ < 0.01) between predictors and the outcome variable. Predictor variables have moderate to very strong correlation among each other (0.506 ≤ __r__ ≤ 0.956, __p__ < 0.01). Regression analysis was

Who reads The Effect of Governance on Entrepreneurship: from All Income Economies Perspective?

Author

Mekonnen Bogale Abegaz; Kenenisa Lemi Debela; Reta Megersa Hundie

Publisher

Springer Science and Business Media LLC

Published

2023

Language

EN

Field

Business, Management and Accounting (Social Sciences)