 Together with Woodruff and de Mel, McKenzie has argued most microentrepreneurs ("own account workers") are more akin to wage workers than larger firm owners, suggesting that most of them - unlike e.g.Hernando de Soto's argument - are merely waiting for wage work and unlikely to become employers.Another key finding related to Sri Lankan firms is that providing informal enterprises with payments equivalent to two months of the profits of the median firm leads to registration of half of the firms, whereas the mere provision of information about the registration process and possibility of getting reimbursed for registration costs has no impact; land ownership issues are raised as the most common reason for not registering.