TITLE:
The Construct Effects of Governance Indicators and Its Implication on Doing Business in Africa: Expatriates Perception. Using PLS-SEM Approach
AUTHORS:
Sow Yaya, Qianling Shen, Mintah Clement
KEYWORDS:
Governance Indicators, Expatriates Perception, Control of Corruption, Democracy, Peace and Stability, Absence of Violence/Terrorism, Ease of Doing Business, PLS-SEM, Africa
JOURNAL NAME:
Open Journal of Business and Management,
Vol.11 No.3,
May
22,
2023
ABSTRACT: There are many factors that entrepreneurs might
consider before venturing into business. In the case of Africa, Africa’s
expatriates usually consider factors such as control of corruption, peace,
stability, and other control indicators are necessary conditions for building
one’s confidence in venturing into doing business. Developing and
implementing appropriate regulatory policies are excellent approaches to
attracting business-oriented ex-pats. This will enhance business effectiveness
and efficiency to boost economic growth in Africa. The study used the PLS-SEM
approach to determine which variables had a significant impact on the ease of
doing business in Africa. Findings make a significant contribution to existing
knowledge on doing business. The research is in support of the United Nations
Sustainable Development Goal 8. The results back country-specific policies to
impel doing business and economic growth in Africa.