A Literature Analysis on Business Performance for SMEs: Subjective or Objective Measures?

Zulkiffli, Siti Nur ‘Atikah; Perera, Nelson

doi:10.2139/ssrn.1867874

Cited by 64 publications

(73 citation statements)

References 19 publications

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“…Subjective approaches ask respondents for their assessment of the performance using various items and allow for assessing non-financial criteria. Subjective measures have been used substantially in the past (see Ingenbleek et al, 2013;Zulkiffli, 2014). The literature reveals that subjective and objective performance measures are highly correlated and give similar results (e.g., Wall et al, 2004).…”

Section: Conceptual Framework and Research Hypothesesmentioning

confidence: 99%

“…The literature reveals that subjective and objective performance measures are highly correlated and give similar results (e.g., Wall et al, 2004). Therefore, it is appropriate to use subjective measures where objective measures are unavailable or hard to obtain (Zulkiffli, 2014). This study used subjective measures for several reasons.…”

Section: Conceptual Framework and Research Hypothesesmentioning

confidence: 99%

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The influence of market orientation on firm performance and members’ livelihood in Ethiopian seed producer cooperatives

Sisay

Verhees

Trijp

2017

Agrekon

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The positive effects of market orientation and its components on firm performance are empirically supported by studies conducted for large firms in developed economies. However, its influence on performance in developing and emerging (D&E) economies, particularly under a cooperative's context, has been under-researched. This paper examines the impact of market orientation components on the performance of seed producer cooperatives (SPCs) in Ethiopia. Results show that customer orientation, interfunctional coordination, and supplier orientation, but not competitor orientation, contribute to higher business performance. Our findings confirm that customer orientation is the key factor for superior business performance in D&E economies. Business performance has a mediating effect between market orientation components and livelihood performance. Interfunctional coordination and supplier orientation influence the livelihood of member farmers both directly and indirectly via business performance. The study concludes that market orientation of SPCs is very important for business performance and provides a strong basis for the livelihood of seed producer families. SPCs can improve their performance and the livelihood of member-farmer families by implementing market oriented strategies, emphasising the key components of market orientation.

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Section: Conceptual Framework and Research Hypothesesmentioning

confidence: 99%

Section: Conceptual Framework and Research Hypothesesmentioning

confidence: 99%

The influence of market orientation on firm performance and members’ livelihood in Ethiopian seed producer cooperatives

Sisay

Verhees

Trijp

2017

Agrekon

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show abstract

“…The overall cost of each phase until delivery to the user directly impacts the overall profitability of the organization. However, it is difficult to measure the cost impact of each phase on overall business performance [46]. In this situation, the impact of monetization can be measured by using the overall profitability of the organization as a measure of business performance.…”

Section: Discussionmentioning

confidence: 99%

Empirical investigation of key business factors for digital game performance

Aleem

Capretz

Ahmed

2016

Entertainment Computing

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a b s t r a c tGame development is an interdisciplinary concept that embraces software engineering, business, management, and artistic disciplines. This research facilitates a better understanding of the business dimension of digital games. The main objective of this research is to investigate empirically the effect of business factors on the performance of digital games in the market and to answer the research questions asked in this study. Game development organizations are facing high pressure and competition in the digital game industry. Business has become a crucial dimension, especially for game development organizations. The main contribution of this paper is to investigate empirically the influence of key business factors on the business performance of games. This is the first study in the domain of game development that demonstrates the interrelationship between key business factors and game performance in the market. The results of the study provide evidence that game development organizations must deal with multiple business key factors to remain competitive and handle the high pressure in the digital game industry. Furthermore, the results of the study support the theoretical assertion that key business factors play an important role in game business performance.

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“…The survey relies on subjective measures, given the limited availability of relevant objective data. Subjective measures are appropriate alternatives to their objective counterparts when there is difficulty in accessing the latter (Zulkiffli & Perera, ), and they do not necessarily yield less reliable results than objective data (Ward, McCreery, Ritzman, & Sharma, ). However, efforts were still made to triangulate the data to check its credibility (Patton, ).…”

Section: Methodsmentioning

confidence: 99%

A two‐dimensional, two‐level framework for achieving corporate sustainable development: Assessing the return on sustainability initiatives

Wu¹,

Subramanian

Gunasekaran

et al. 2018

Bus Strat Env

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Sustainability studies in operations management have reported the positive effects of lean, green and social management systems on various dimensions of a firm's sustainability performance. However, despite its importance and relevance, the time dimension of sustainability has not been systematically considered. This paper recategorizes the well‐identified sustainability initiatives based on a time dimension and empirically validates the categorization. Structural equation modeling analyses were performed using data collected from 284 Chinese automotive firms. The results suggest that various lean and reactive green practices can be categorized as “short‐term sustainability initiatives” because the effects of implementing these practices can be seen in a short time. Specifically, the benefits of implementing short‐term sustainability initiatives can be further strengthened and reinforced in the long run by implementing corporate social responsibility (CSR) practices. In addition, our findings demonstrate that to fully realize the potential associated with CSR practices, firms need to be orientated to the long term and adopt a wait and watch approach.

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A Literature Analysis on Business Performance for SMEs: Subjective or Objective Measures?

Cited by 64 publications

References 19 publications

The influence of market orientation on firm performance and members’ livelihood in Ethiopian seed producer cooperatives

The influence of market orientation on firm performance and members’ livelihood in Ethiopian seed producer cooperatives

Empirical investigation of key business factors for digital game performance

A two‐dimensional, two‐level framework for achieving corporate sustainable development: Assessing the return on sustainability initiatives

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