Difference In Business Performance Research Articles

Exploring the Determinants of the Relationships between the Land-Based Sectors with the Wider Rural Business Base in Scotland: An Empirical Analysis

Over the past two decades, the relative socio-economic importance of land-based sectors has declined in comparison to non-land-based businesses such as tourism, food and beverage activities. However, policy implementation and research have primarily focused on the economic contributions of land-based businesses, leaving businesses outside these sectors and in rural areas, referred to as non-land-based businesses, largely overlooked. Therefore, this study aims to examine the importance of non-land-based businesses and the key determinants of the relationships between non-land-based businesses and land-based (farming, forestry and landed estate) sectors in rural Scotland. Through a survey of 1500 businesses whose primary focus is not agriculture, forestry or landed rural estates in four Scottish regions, the key findings of the logit model reveal that businesses located in rural areas are more likely to have relationships, both direct (supplying or purchasing goods/services) and indirect, with farming, forestry and landed estate sectors than their urban counterparts. Focusing on rural businesses, the results show that business size, sectors, business age, exporting, importing and business constraints related to cash flow, digital connectivity and government financial support significantly influence their relationships with land-based sectors. The results of crosstab analysis also reveal differences in business performance, business challenges related to Brexit and future plans between non-land-based rural businesses having relationships with land-based sectors in different rural classifications: accessible/remote small towns, accessible rural areas and remote rural areas. The paper concludes with policy recommendations to support rural businesses and future land-based and non-land-based sectors in rural Scotland.

Why do some entrepreneurs thrive? A network content perspective

Why do some entrepreneurs in developing environments thrive whereas others fail, even though they all face the same uncertainties? Prior research on entrepreneurial networks has attributed differences in business performance to variations in network structure. However, many entrepreneurs—such as necessity entrepreneurs—have networks with low structural variation. We show that variations in network content may be an alternative explanation for performance differences. Drawing on the resource-based view, we propose that entrepreneurs whose networks are characterized by low structural variation may benefit from variations in network content—namely, greater resource variety and more resource spanning. Our argument is supported strongly by a random sample of 200 Chinese necessity entrepreneurs working in Shanghai. By bringing network content to the analytical fore, we contribute to research on entrepreneurial networks, which has focused mostly on network structures. We further add to research on necessity entrepreneurship by examining how heterogeneous network content may influence business performance.

Perceived Obstacles and Performance of Food and Agribusiness Enterprises: Implications for Urban and Rural Entrepreneurship Development

This paper aims at examining the enterprises characteristic, business performance, and obstacles in doing business for food and agribusiness firms across rural and urban areas, based on World Bank’s Enterprises Survey data of 699 respondents. Chi-square test shows statistically significance difference in firms’ characteristics across the rural and urban regions. ANOVA reveals a significant difference in business performance. Similarly, perception about obstacles in doing business varies across the urban and rural firms. This study can be helpful for agribusiness managers and government policy makers in promoting region-based entrepreneurship in a focused manner.

경영전략과 조세전략 지속성 간의 관련성

This study examines the relationship between business strategy and sustainable tax strategies under the assumption that net income in the income statement according to business strategy will affect the tax burden, and verifies the effect of earnings management on this relationship. The empirical analysis results are as follows. First, as a result of examining the relationship between these corporate strategies and sustainable tax strategies(Minton et al. 2002), it was found that defender firms have higher sustainable tax strategies than prospector firms. Second, as a result of analyzing the effect of earnings management on the relationship between corporate strategy and tax sustainability, earnings management reduces tax sustainability, but for defender firms, there is a positive (+) difference between earnings management and sustainable tax strategies. This is consistent with previous studies that earnings management lowers persistence, and it is judged that defender firms adjust earnings for sustainable tax strategies. The verification result of this study is meaningful in that it expanded the previous studies that looked at corporate strategy and tax avoidance to examine the difference in sustainable tax strategies according to corporate strategy and to examine the effect of earnings management on sustainable tax strategies. This suggests empirical evidence that business performance varies depending on business strategy, and that sustainable tax strategies are different due to differences in business performance. A more sophisticated analysis of corporate management strategies and additional research based on this are expected in the future.

Gender differences in business performance: evidence from Kenya and South Africa

Gender differences in business performance: evidence from Kenya and South Africa

Financial Inclusion in Home Industry of Bamboo Handicrafts in The Trenggalek District

This study aimed to analyze the conditions of financial inclusion in home industry of the bamboo handicrafts and their implications for business performance. The approach used in this research was a qualitative approach, type of case study research. Data collection methods used were interviews and observation. The results of this study indicated that most of the craftsmen were still classified as unbanked people and did not yet have a bank account. The craftsman considered that it was not too important to have a bank account because of the lack of income and low understanding of financial services and products. Significant profit differences made the creation of three classes of craftsmen in the village of Wonoanti. Productivity among craftsmen had a significant difference, caused by the production machines and the number of employees. So, financial inclusion in each craftsman was different. This difference in the level of financial inclusion resulted in differences in business performance between craftsmen classes. The level of financial inclusion was directly proportional to the business performance of each craftsman..

Impact of Logistics Capacity on Economic Sustainability of SMEs

In this research paper, various impacts on economic sustainability of small and medium-sized companies are analyzed. This research determined a research gap, by defining a statistically significant difference in business performance between SMEs (small and medium sized businesses) with their own logistics capacities and those which decided to outsource capacities. Impacts of key business factors were measured by quantitative research by using linear regression, on a sample of 340 SMEs from Serbia. These factors are related to market aspects, SME position within a supply chain, but also to internal aspects of the company itself. Empirical research findings suggested that ownership of logistics capacity can have an impact on economic sustainability of SMEs, measured through solvency and profitability. Future research regarding this topic can be diversified through efforts of internationalization of SMEs, or through comparison with large companies in terms of impacts on economic sustainability.

Succession planning and performance of family-owned small and medium enterprises in Arusha City – Tanzania

PurposeThe purpose of this paper is to examine succession planning and performance of family-owned small and medium enterprises (SMEs).Design/methodology/approachThe quantitative research approach and a cross-sectional research design were employed. The probability sampling technique was used to draw 219 respondents from the sampling frame. A structured questionnaire was used for data collection. Descriptive statistics and independent samples t-tests were used for data analysis.FindingsIt was revealed that most of family-owned SMEs founders in the study area had mechanisms for succession planning for their businesses. Also, there is a difference in business performance when successors are selected and prepared by business founders compared to when they are selected and prepared by other family members. Successors selected and prepared by business founders performed better in business than successors who were selected and prepared by other family members.Research limitations/implicationsThis study employed a quantitative research paradigm methodology, which limits deep discussion with respondents. Future studies could consider using a qualitative research paradigm methodology.Originality/valueThe paper presents succession planning process experience in family-owned SMEs in the study area, specifically the existence of succession planning in family-owned SMEs. It also shows a difference in business performance between the two investigated groups. This paper will benefit business founders, family business successors and researchers.

The Effect of Information Systems on Bank Performance: A comparative study between Islamic and Commercial Banks in Jordan

This study aims to explore and analyze the most important reasons for decision making within the banking sector of Jordan, which, although extremely important, is largely absent in business literature pertaining to Jordan. Essentially, the researcher poses two central questions: Does implementation of Information Systems (IS) impact on business performance, and is there any difference in this impact between the two main groups of banks in Jordan; Islamic and Commercial? Two further questions are also investigated; the extent to which banks are applying IS, and whether there are differences in business performance due to individual bank characteristics, such as extent of capital reserves, the number of years it has been operating and the type of bank. Quantitative methodology has been used to collect and analyze data, which is comprised of 583 questionnaires. Various forms of analysis were employed to examine the research assumptions; independent and one-sample t-test, multiple regression analysis and ANOVA. The study proposes the following conclusions: • IS is applied by banks in Jordan; however, there is variation in application of equipment and software, with Commercial Banks exhibiting positive implementation and Islamic Banks negative implementation. • The only significant positive effect of IS was on marketing performance. • The relationship does not differ when a comparison between two samples is progressed. • Economic performance of a bank is related to the sector (Commercial or Islamic) to which it belongs.

성향점수매칭(PSM) 방법론을 활용한 날씨경영의 경영성과 제고효과 분석

Existing research has emphasized the importance of weather factors in business by analyzing the effects of weather changes on firm performance. However, this study is different from previous researches in that it analyzes the difference in business performance according to degree of utilization of meteorological information in management strategy. In 2010‐2017, we constructed a dataset combining an external audit companyʹs financial statements with information on companies with excellent weather management and used propensity score matching (PSM) to estimate the net effect of weather management while controlling sample selection bias. We confirmed that a company with excellent weather management has 9.6 ~ 19.9% higher sales growth rate, 2.0 ~ 8.7% lower operating cost per sale, and 11 ~ 88 million won higher operating income per employee. These results suggest that active use of weather information in management activities plays a positive role in business performance.

International Quality Certification and Business Performance of Indian Firms: Evidence from Enterprise Survey Data

This article analyses the difference in firm’s performance between enterprises with and without international quality certification. The study is based on a comprehensive survey of 9,281 Indian firms operating in different regions of the country, conducted under the World Bank’s Enterprise Survey. About 44.9 per cent of the firms have adopted international quality certification for enhancing the quality of their business processes. Chi-square statistics indicate that there is a significant difference in enterprise characteristics by international quality certification. Result of the analysis of variance indicates a significant difference in business performance with and without quality certification in terms of sales, employment growth rates and capacity utilization. Firms with international quality certification perceive comparatively less obstacles than those who are not having international quality certification. This study provides insights on differences in firms’ performance and business obstacles faced by them with or without international quality certification. This study can be helpful in designing policies for promoting certification and accreditation of product quality and processes across business enterprises in a focused manner.

International Export Orientation and Firm’s Performance: Evidence from Enterprise Survey Data of India

ABSTRACTThis study aims at analyzing the performance of firms by international export orientation vis-à-vis domestic orientation, based on World Enterprise Survey Data of 9,281 firms of India. Simple statistical techniques such as chi-squared test, ANOVA, and regression model have been used to analyze the data with the help of SPSS version 20.0. Chi-square statistics indicate that there is significant difference in enterprise characteristics by business orientationdomestic versus export-oriented businesses. Result of the ANOVA indicates a significant difference in business performance between export versus domestic orientation of firms in terms of sales and employment growth rates. Export-oriented enterprises perceive comparatively fewer obstacles than domestic enterprises. Regression analysis indicates that enterprise characteristics, performance indicators, and business obstacles have influence on export orientation of the firms. This study provides insights on differences in firms’ performance across business orientations and factors affecting the internationalization of business. This study can be helpful in designing policies for promoting export-oriented enterprises in a focused manner.

Does gender make a difference in business performance?

PurposeThis paper aims toanalyse the difference in business performance and obstacles across male-owned versus female-owned enterprises in India.Design/methodology/approachThis study is based on a comprehensive enterprise survey of 9,281 Indian firms operating in different regions of the country, conducted under the World Bank’s Enterprise Survey, 2014. The survey contains information on a variety of enterprise characteristics such as ownership, type of firms, size of firms, locations and age, performance indicators and information on 16 parameters of business obstacles. Business performance indicators have been derived from data in the form of growth in sales, employment, labour productivity and capability utilization by gender ownership of the firms. Simple statistical tools such as descriptive statistics, chi-square test and the independent-samples t-test have been used to analyse the data. Further, an ordered probit regression model has been estimated to identify the relative importance of parameters affecting female-owned enterprises.FindingsOf the total 9,281 firms surveyed under the World Bank’s Enterprise Survey, about 8 per cent were being managed by a top female manager and about 15 per cent firms reported to have at least one female owner. Among the female owners, about 36 per cent were reported to own 50 per cent and above share of the firm. Chi-square statistics indicate that there is a significant difference in enterprise characteristics of male- versus female-owned firms in terms of location, size, type and age. Result of the independent-samples t-test indicates a significant difference in business performance across male- and female-owned businesses in terms of annual sales growth, labour productivity growth and capacity utilization of the firms. Similarly, the perception of male- and female-owned firms significantly vary on 10 obstacles out of total 16 business obstacle parameters. Overall, females perceive comparatively less business obstacles as compared to males. An ordered probit regression model has revealed the relative importance of enterprise characteristics, performance indicators and extent of business obstacles among female-owned enterprises.Practical implicationsThis study provides an insight on the differences in the firms’ performance across gender ownership based on a large survey data. This study can be helpful in designing policies for promoting gender-based business enterprises in a focused manner.Originality/valueThere are limited empirical evidences on difference in organizational profile, business performance and understanding business obstacles across male- versus female-owned firms in India based on a large survey data.

Performance of small and medium-sized food and agribusiness enterprises: evidence from Indian firms

This paper analyses the size of food and agribusiness firms in India in relationship to business enterprise characteristics, performance, and obstacles through surveying 515 food and agribusiness firms operating in different regions of India using the World Bank's Enterprise Survey 2014. Descriptive statistics, chi-square tests and analysis of variance were used to evaluate data using statistical software. Chi-square statistics identify significant differences in enterprise characteristics through examining firm size, location, gender ownership, type and age. An analysis of variance indicates significant differences in business performance across small, medium and large enterprises in term of input and output ratios. Obstacles facing firms are largely similar regardless of firm size in eleven of the sixteen business-obstacles surveyed. Results reveal that large enterprises perceive more challenges with telecommunication services, customs, trade regulations, and corruption, while small and medium firms face greater constraints gaining access to land and finance. This study is useful in helping to design policies that can efficiently support small and medium food and agribusiness enterprise development.

New Urban Economic Agents: A Comparative Analysis of High-Performance New Entrepreneurs

AbstractMigrants are often the carriers of new skills and original abilities. This study focuses on the importance of ‘new urban entrepreneurship’ - in particular, ethnic or migrant business firms - as a major driver of creative and urban dynamics and economic vitality in urban agglomerations. The paper offers a general account of both backgrounds and socio-economic implications of migrant entrepreneurship in large agglomerations and highlights the socio-economic heterogeneity in motivation and performance among different groups of migrant entrepreneurs. This demographic- cultural diversity prompts intriguing questions about differences in business performance among distinct groups of migrant entrepreneurs, even in the same ethnic group. In the paper, a recently developed and amended version of data envelopment analysis (DEA), viz. super-efficiency, is presented and applied to a group of Moroccan entrepreneurs in four large cities in the Netherlands. The main research aim is (i) to identify the best-performing firms (so-called ‘entrepreneurial heroes’) from a broad management and business perspective, while (ii) the background of our findings are more thoroughly analysed. The paper ends with some general concluding remarks on urban business strategies.

Co-creation 활용에 따른 중소제조업체의 기업성과에 관한 연구

Purpose Co-creation is a form of collaboration to create joint values with participation of diverse interested parties. It has been introduced by large companies at an early stage and due to changes in management environment, the scope of its concept has been expanding to the SMM(Small and Medium Manufactures). The objective of this study is to examine the impact of Co-creation on SMM's non-financial and financial performance. Design/methodology/approach Based on literature review, the research model was developed. To test this research model, we collected 188 questionnaires with SMM which utilized Co-creation and supplied parts to the companies. The t-test and ANOVA were employed for the analysis of data Findings The research result showed that the difference in business performance between the groups with much use of Co-creation and those with little use of Co-creation, there was significant difference in both non-financial and financial performance. In addition, non-financial and financial performance were different among four implementation behavior of Co-creation including Common value, Information share, Risk benefit, and Mutual benefit.

The performance evaluation and comparison based on enterprises passed or not passed with ISO accreditation

PurposeThe purpose of this paper is to determine whether passing ISO accreditation can effectively enhance business performance, and further to explore the major contributions of ISO accreditation for companies. Although there are some current debates on the effectiveness of ISO9000, for many companies having ISO9000 accreditation is mainly for marketing purposes. However, no company really knows the detailed performance effects of ISO accreditation. In this study, both the Balanced Scorecard (BSC) and Activity Based Costing (ABC) methods are used to compare the direction and strength of each performance indicator for companies that have passed, or not passed, ISO accreditation.Design/methodology/approachCompanies in the manufacturing industry and service industry, with stocks listed in Taiwan's regular stock market and over‐the‐counter stock market, are selected as the research targets. A total of 212 valid questionnaires from the manufacturing industry and 120 from service industries are collected for further analysis of business performance using the BSC method. In addition, ABC measures are used to compare the performance difference through objective financial data.FindingsThrough qualitative and quantitative methods, this study develops key measurement indicators along four performance constructs based on the Balanced Scorecard. These include 38 indicators for the manufacturing industry and 32 indicators for the service industry. Through evaluation and comparison, the study shows that the pass of ISO accreditation by an enterprise can enhance its business performance and financial benefits. Higher effects are especially apparent in the manufacturing industry.Originality/valueThis study uses the concept of the BSC to construct performance measurement indicators and to evaluate the business performance of enterprises. In addition, the differences in business performance attributed to the pass or fail of ISO accreditation have been compared through BSC and ABC methods. From the performance analysis, it can clearly analyze the difference displayed by enterprises that have passed or not passed ISO accreditation. These results can be referenced by different industries when performing performance evaluation and strategy making.

Gender differences in business performance: evidence from the Characteristics of Business Owners survey

Using confidential microdata from the U.S. Census Bureau, we investigate the performance of female-owned businesses, making comparisons to male-owned businesses. Using regression estimates and a decomposition technique, we explore the role that human capital, especially through prior work experience, and financial capital play in contributing to why female-owned businesses have lower survival rates, profits, employment, and sales. We find that female-owned businesses are less successful than male-owned businesses because they have less startup capital, less business human capital acquired through prior work experience in a similar business, and less prior work experience in a family business. We also find some evidence that female business owners work fewer hours and may have different preferences for the goals of their businesses, which may have implications for business outcomes.

Marketing perceptions and business performance

PurposeThe purpose of this paper is to analyze associations between practitioners' perception of marketing and business performance, and discuss possible implications for marketing education.Design/methodology/approachA survey was conducted in Norwegian companies in the furniture and fishery sectors. The relationship between practitioners' perceptions of marketing and business performance is analysed by combining ordinal regression with cluster analysis. The latter is used to categorize practitioners' views of marketing.FindingsThe results indicate that the cluster to which a firm belongs makes a difference in business performance. Firms that share a common view of marketing, strongly focused on both core marketing and sales, perform better than firms that share a more narrow view of marketing. Thus, both “intrinsic” and “instrumental” aims may be important to any core curriculum for marketing education.Research limitations/implicationsEven though the data set accounts for a large percentage of the two selected sectors in terms of total turnover, the sample itself is small.Practical implicationsVocational skills such as sales management should be an integrated part of marketing education. Financial accountability and customer profitability analyses should preferably also be included.Originality/valueThis study of the relationships between practitioners' perceptions of marketing and business performance, by combining cluster analysis and ordinal regression, is a new and valuable approach in this context. The findings have also important practical implications for marketing education.

Gender Differences in Business Performance: Evidence from the Characteristics of Business Owners Survey

Using confidential microdata from the U.S. Census Bureau, we investigate the performance of female-owned businesses making comparisons to male-owned businesses. Using regression estimates and a decomposition technique, we explore the role that human capital, especially through prior work experience, and financial capital play in contributing to why female-owned businesses have lower survival rates, profits, employment and sales. We find that female-owned businesses are less successful than male-owned businesses because they have less startup capital, and business human capital acquired through prior work experience in a similar business and prior work experience in family business. We also find some evidence that femaleowned businesses work fewer hours and may have different preferences for the goals of their business.