Corporate growth strategies and financial performance of quoted manufacturing firms in Nigeria: The mediating role of global economic crises

Abstract

This study examines the mediating role of global economic crises (GECs) in the effect of growth strategies on Nigerian manufacturing firms' performance. The study used secondary data for the period between 2000 and 2017 in its analysis. Therefore, an expost facto research design was used in the analysis of 120 firms listed on the Nigerian Stock Exchange, which were selected out of 190 listed firms using a judgmental sampling technique. The researchers follow data cluster analysis approach to analyze the data for the time around a GEC, including pre-and

Business Strategies and Firm Profitability of Selected Mobile Operating Firms in Nigeria

“…Furthermore, this study affirms the result of the study conducted by Musi et al (2018) that business strategies positively and significantly affect firm profitability. In another study, by Abolarinwa et al (2020) the result further established the fact that business strategies have a positive effect on firm profitability. Ndambuki et al (2017) similarly asserts that the relationship between business strategies and firm profitability is significantly positive.…”

Linking strategy implementation to financial performance and firm survival in women- owned small to medium enterprises

“…In this regard, Dimova and Pela (2018) support that a wise and careful selection of resources and their allocation leads to healthy financial status in businesses. Abolarinwa et al (2020) also found that firms that were effective in formulating and implementing strategies were early adopters of disruptive technologies, leading to superior performance. Other researchers (Cheng et al, 2014;Yusuf et al, 2012;Luo et al, 2015;Bodnar et al, 2018) found that effective strategy implementation leads to numerous desirable outcomes in areas such as stakeholder management, corporate social responsibility, supplier management, and asset utilisation.…”

“…Rajendra, (2008) mentions that FP management is an integral part of the business management field and is also crucial for the survival of businesses. Superior FP is linked to outcomes such as excellent stakeholder relationships, improved technology adoption, competitive advantages, more significant market share and greater economies of scale (Abolarinwa et al, 2020). In light of this, SMEs must adopt prudent financial management practices to ensure their ultimate prosperity and survival (Ferreira, 2007).…”

A Systematic Review of Competence in the Chinese Yellow Wine Industry and Its Business Strategies

“…In summary, many approaches and techniques for business expansion might result in the growth of several divisions and areas. It is the reality that this pattern becomes very important in utilizing the advantage, lowering manufacturing costs, and boosting profitability in businesses as firm scale develops to a certain degree (Abolarinwa et al, 2020).…”