What to read after Easy Doing Business, Cost and Procedures of Business Registering in Africa. Investigation of the Relationship?

Scientific Study from the year 2020 in the subject Business economics - Company formation, Business Plans, grade: "-", , language: English, abstract: The purpose of this paper is to examine the relationship between easy doing business (EBD) and cost of business start-up procedures (CBSP) and start-up procedures to register a business (SPRB) in Africa. The study also investigated the relationship between EBD and gross national income (GNI). Finally, the study examined the relationship between EBD and new business registered (NBR). Data related to 53 African countries for annual 2019 were collected on World Bank web site. Pearson, and Speaman correlation were performed. Entrepreneurial activities increase where business environment is beneficial. Developing easy doing business is among factors that can stimulate business creation in Africa. Private sector contributes in development through the creation of jobs, tax payment, increasing exports, and revenue distribution via salaries, and wages. Thus, countries with many and profitable companies are likely to increase its development.