Firm Age and Performance in Kampala, Uganda: A Selection of Small Business Enterprises

Osunsan, Olutayo K.; Nowak, Jadwiga; Eric, Mabonga; Pule, Samuel

doi:10.6007/ijarbss/v5-i4/1582

Cited by 20 publications

(20 citation statements)

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“…The findings of this study are consistent with those obtained by Loderer and Waelchli (2010) and Majumdar (1997) but contradict several others including Coad et al (2013), Ghafoorifard et al (2014), Kipesha (2013) and Osunsan et al (2015). For Turkey, our results are consistent with Dogan (2013) but contradict Basti et al (2011).…”

Section: Resultssupporting

confidence: 72%

“…The authors analyzed the relationship between firm size, age and financial performance in 96 listed companies listed on Tehran Stock Exchange for the period from 2008 to 2011 and documented a positive relationship between a firm's age and its Tobin's Q ratio. A positive relationship between firm age and profitability was also documented by Kipesha (2013) for microfinance institutions in Tanzania and by Osunsan et al (2015) for SMEs in Uganda.…”

Section: Literature Reviewmentioning

confidence: 81%

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Does Firm Age Affect Profitability? Evidence From Turkey

Akben-Selçuk¹

2016

IJoES

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Section: Resultssupporting

confidence: 72%

Section: Literature Reviewmentioning

confidence: 81%

Does Firm Age Affect Profitability? Evidence From Turkey

Akben-Selçuk¹

2016

IJoES

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“…Trencansky et al (2014) failed to show the influence of firm age on the level of CSR, so that it can be said to have no effect on sustainability. Osunsan et al (2015) said that firm age has an effect on company performance.With the above description, then the hypothesis in this study is as follow: H4:Firm age has a positive association with sustainability performance…”

Section: The Influence Of Firm Age To Sustainability Performancementioning

confidence: 99%

Foreign ownership and sustainability performance in Indonesia

Zulaecha

Murtanto

2019

Intenational. J. financial account. management

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Purpose: This research is designed to find empirical evidence on the influence of Foreign Ownership as moderating to enterprise risk management, business strategy, and firm age on sustainability performance. Design/Research method: This research was tested through random samples of 11 manufacturing companies period 2014-2017. Regression analysis was adopted to test the hypotheses Finding: The results indicate that enterprise risk management, business strategy, and foreign ownership have significant influence to sustainability performance. But, the firm age doesn’t have influence on sustainability performance. Limitation: The use of secondary data and content analysis methods that cause limitations in conclusions and are subjective. Implication: This research shows that the harmonious relationship between strategic management related to enterprise risk management, business strategy, and the role of foreign ownership to achieve high sustainability performance

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“…Small businesses are recognized by researchers as engines for economic growth and development. Globally, small businesses significantly contribute to innovation, income distribution and poverty reduction (Abaho et al, 2017;GEM, 2003), contribute approximately 75% of the gross domestic product (GDP) and employ about 2.5 million people (Osunsan et al, 2015;Harash et al, 2014;Sendawula et al, 2018a). They also serve as breeding ground for entrepreneurs, ehnance economic conversion and have an extraordinary potential for enhancing sustainable development (Harelimana, 2017;Sendawula et al, 2018b).…”

Section: Introductionmentioning

confidence: 99%

The joint effect of firm capability and access to finance on firm performance among small businesses: A developing country perspective

Turyakira¹,

Sendawula²,

Turyatunga³

et al. 2019

Afr. J. Bus. Manage.

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The purpose of this paper was to establish the joint effect of access to finance and firm capability on small businesses' performance in Kampala, Uganda. The study adopted a cross-sectional design with a sample of 384 small businesses. Self administered questionnaires were used in data collection and data was collected from August to November 2018. The study utilised SPSS to perform correlation and regression. The study found out that access to finance, firm capability and firm performance are positively related. Regression analysis also revealed that access to finance and firm capability equally account for 41.8% change in small business performance. Conversely, access to finance was found to be the most influential factor in predicting firm performance as compared to firm capability. Therefore, the study recommends that policies and programs to improve small business owners' capabilities should be implemented to enhance the performance of their firms; small business owners need government support to get finance characterised by low interest rates; no collateral security and as such, their performance will gradually improve. Small business owners also need to establish long-tern relationships with customers, suppliers and employees to improve their services and products to better the performance of their firms.

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Firm Age and Performance in Kampala, Uganda: A Selection of Small Business Enterprises

Cited by 20 publications

References 0 publications

Does Firm Age Affect Profitability? Evidence From Turkey

Does Firm Age Affect Profitability? Evidence From Turkey

Foreign ownership and sustainability performance in Indonesia

The joint effect of firm capability and access to finance on firm performance among small businesses: A developing country perspective

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