Abstract
Less performance of informal sector among the poorest of the poor in the war affected regions in Sri Lanka has been caused by many reasons. Findings of an exploratory study and the factor analysis revealed four important factors namely training and skills, education, social and economic. As the extension of the exploratory study, to test this prediction empirically with a larger sample size, the present study applied a survey method using a questionnaire especially designed based on the initial exploratory study which was conducted inductively. A sample of 300 women headed households engaged in the informal sector participated in this study. The results indicates these four factors significantly predict the performance of informal sector. More specifically, while, economic factors contribute more to the performance of the informal sector, training contributes less. The study also discussed the implication of findings and area for future research. Based on the findings and conclusions, few recommendations are also made to enhance the performance of women headed households in the informal sector.
Highlights
Performance of informal sector become people who are employed in Sri Lanka and crucial for the economy of any country
This the back bone of the country’s economy five is especially true for developing countries million of them are falling in to the informal such as Sri Lanka. As such the contribution of sector so the contribution of informal sector informal sector in Sri Lanka is very significant. employment to the total employment is about According to Sri Lanka Labour Force Survey 59.5 percent and 89.7 percent of agricultural Annual Report (2014) out of the 8.4 million employment involves with informal sector Journal of Management - Vol 12 No
Realising the effective functioning of the informal sector and its contribution to the Sri Lankan GDP, this study has set out the main objective as to identify factors that influence the performance of the informal sector among the women headed households in the district of Vavuniya Sri Lanka
Summary
Performance of informal sector become people who are employed in Sri Lanka and crucial for the economy of any country. In the rural setup mostly education preference were given to boys, the educational level of most women entrepreneurs is very low, creating a barrier to them accessing training and other business developments services which is a social factor.
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