Understanding the Impact of Electricity Load Shedding on Small and Medium Enterprises: Exploring Theoretical Underpinnings

This paper aims to deepen the understanding of the effects of electricity load shedding on small and medium enterprises (SMEs) by exploring the theoretical frameworks that underpin these impacts. Drawing from resource dependence theory, institutional theory, and stakeholder theory, the article examines how power outages disrupt business operations, influence adaptation strategies, and shape stakeholder dynamics within the SME context. By delving into these theoretical perspectives, the paper provides valuable insights for policymakers, practitioners, and researchers seeking to mitigate the adverse consequences of electricity load shedding on SMEs. Keywords: electricity load shedding, small and medium enterprises, theoretical underpinnings, institutional theory, stakeholder theory; Resource Dependence Theory (RDT), the Economics of Power System Reliability and Planning theory, Cybernetic theory of organisational stress, Theory of Constraints (TOC), Production Competence Theory, Systems Theory of Management, Dynamic Capabilities Theory, the Systems Theory of Management and Transformation Theory of Production DOI: 10.7176/EJBM/15-15-08 Publication date: August 31 st 2023