Date of Conferral



Doctor of Business Administration (D.B.A.)


Business Administration


Irene Williams


Women-owned small businesses have grown 58% between 2007 and 2018. Some female owners of small businesses lack strategies to obtain financial capital to continue growth and raise profitability for their businesses. The purpose of this secondary data analysis was to examine the relationship between access to sources of financial capital, government regulations and business profitability. The resource-based theory was the theoretical framework for this quantitative ex-post facto study. Archival data from the 2016 Annual Survey of Entrepreneurs were collected. Data were analyzed using multiple linear regression. Results of the multiple linear regression analysis indicated a full model, containing two predictor variables (2, n = 3233). The results revealed a statistically significant relationship among financial capital, government regulations, and business profitability, F (2, 3285) = 5.812, p