The effect of size and age on the performance of Senegalese small food companies: the role of market orientation

Doucouré, Balla; Diagne, Assane

doi:10.1080/19186444.2020.1832426

Cited by 9 publications

(4 citation statements)

References 36 publications

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“…The result indicates that a year increase in the age of agricultural MSEs increases the probability of profitability by 3.24% and returns on asset by 0.9%, respectively. This finding in line with that of firm age has a substantial effect on firm performance (Mallinguh et al, 2020) and an indirect effect on performance through intelligence generation (Doucoure´& Diagne, 2020).…”

Section: Econometrics Resultssupporting

confidence: 88%

Profitability of Agricultural Micro and Small-Scale Enterprise in North Wollo Zone, Amhara Regional State, Ethiopia

Endris

Kassegn

2023

Sage Open

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The contribution of micro and small enterprises is limited as the majority are financially constrained and half of them exit from business in 2014/15, Amhara Region. Therefore, this study aimed to analyze the profitability of agricultural micro and small-scale enterprises in North Wollo Zone, Amhara Regional State, Ethiopia. Primary data was collected from 271 sample enterprises. The study employed descriptive and econometrics models for the data analysis. The financial ratio result shows that the return on asset, return on owner equity and net profit margin were 0.1601, 0.2768, and 0.1520 birr, respectively. The result of the probit model estimation shows that six variables, namely enterprise age, manager education level, credit use, input availability, owners’ aspiration, and frequency of extension contact significantly and positively influenced the probability of Micro and Small Enterprises (MSEs) being profitable. The second hurdle model, the truncation model showed that enterprise age, manager education level, record keeping, access to input, and frequency of extension contact significantly affected the extent of agricultural MSEs’ profitability. Therefore, enhancing the knowledge, skill, and aspirations of enterprise owners, improving financial access and outreach, providing financial bookkeeping training and practice, creating reliable integration with input producers, and frequent extension support to enhance the profitability and sustainability of enterprises.

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Section: Econometrics Resultssupporting

confidence: 88%

Profitability of Agricultural Micro and Small-Scale Enterprise in North Wollo Zone, Amhara Regional State, Ethiopia

Endris

Kassegn

2023

Sage Open

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show abstract

“…The result indicates that a year increase in the age of agricultural MSEs increases the probability of pro tability by 3.24% and returns on asset by 0.9%, respectively. This nding in line with that of rm age has a substantial effect on rm performance(Mallinguh et al, 2020) and an indirect effect on performance through intelligence generation(Doucouré & Diagne, 2020).The education level of the enterprise manager positively and signi cantly affected both the pro tability and extent of pro tability at 1% signi cance level. The result shows that a year increase in managers' education level increases pro tability by 2.37% and return on the asset by 1.7%, holding other factors constant.…”

supporting

confidence: 77%

Profitability of Agricultural Micro and Small-Scale Enterprise in North Wollo Zone, Amhara Regional State, Ethiopia

Endris

Kassegn

2022

Preprint

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The contribution of micro and small enterprises is limited as the majority are financially constrained and half of them dropout from business in 2014/15 from Amhara Region. Therefore, this study aimed to analyze the profitability of agricultural micro and small-scale enterprises in North Wollo Zone, Amhara Regional State, Ethiopia. Primary data was collected from 271 sample enterprises, key informants, and focus group discussions. The study employed descriptive and econometrics models for the data analysis. The financial ratio shows that the return on asset, return on owner equity and net profit margin were 0.1601, 0.2768, and 0.1520 birr, respectively. The result of the probit model estimation shows that 6 variables, namely enterprise age, manager education level, credit use, input availability, owners’ aspiration, and frequency of extension contact significantly and positively influenced the probability of MSEs being profitable. The second hurdle model, the truncation model showed that enterprise age, manager education level, record keeping, access to input, and frequency of extension contact significantly affected the extent of agricultural MSEs' profitability. Therefore, enhancing knowledge, skill, and aspirations of enterprise owners, improving financial access and outreach, providing financial bookkeeping training and practice, creating reliable integration with input producers, and frequent extension support to enhance the profitability and sustainability of enterprises.

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“…The test result in this study indicates that the company's size does not affect market performance. This result is in line with Kalkan et al (2011) and not in line with Ali et al (2019), Doucouré & Diagne (2020), Firmansyah & Estutik (2020), Hardiningsih et al (2020),and William & Sanjaya (2017. From the frequency of the results of descriptive statistics, it can be seen that the size of the company is quite varied, with a mean value of 29.8223, a minimum value of 26.9438, and a maximum value of 32.4730.…”

Section: The Influence Of Control Variable On Market Performancementioning

confidence: 52%

Market Response to Companies Sustainability Disclosure and Environmental Performance in Indonesia

Ihsani¹,

Firmansyah

Estutik³

2021

Journal of Accounting and Business Dynamics

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This study aims to examine the impact of sustainability disclosure and environmental performance on market performance. Population of this study is non-financial companies listed in Indonesian Stock Exchange (IDX) from 2015 to 2019. Samples are 32 companies that participated in KLHK PROPER award (or 160 observations). Using multiple linear regression for panel data, this study found that sustainability disclosure is not associated with market performance, while environmental performance is positively associated with market performance. This study indicates that the Indonesia Financial Services Authority and the Ministry of Environment and Forestry need to improve the quality of policies related to sustainability used by companies in the Indonesian Capital Market.

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The effect of size and age on the performance of Senegalese small food companies: the role of market orientation

Cited by 9 publications

References 36 publications

Profitability of Agricultural Micro and Small-Scale Enterprise in North Wollo Zone, Amhara Regional State, Ethiopia

Profitability of Agricultural Micro and Small-Scale Enterprise in North Wollo Zone, Amhara Regional State, Ethiopia

Profitability of Agricultural Micro and Small-Scale Enterprise in North Wollo Zone, Amhara Regional State, Ethiopia

Market Response to Companies Sustainability Disclosure and Environmental Performance in Indonesia

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