scholarly journals MEDIATING ROLE OF ACCESS TO FINANCE ON THE RELATIONSHIP BETWEEN STRATEGIC ORIENTATION ATTRIBUTES AND SMEs PERFORMANCE IN NIGERIA

2017 ◽  
Vol 17 (3) ◽  
Author(s):  
Murtala Aminu Ibrahim ◽  
Mohd Noor Mohd Shariff

In spite of recognized significant contribution of SMEs to nations’ economy, Nigerian SMEsperformance is below expectation. This is because SMEs in Nigeria today faces severe limitationsin financing, management skill, marketing, modern technology and technical expertise. Theobjective of this study is to investigate the mediating role of access to finance on the positiverelationship between entrepreneurial orientation (EO), market orientation (MO), learningorientation (LO), technology orientation (TO) and SMEs performance in Nigeria. A sample sizeof 522 SMEs operating in Kano, Kaduna and Sokoto states of Nigeria were selected usingstratified simple random sampling techniques. Partial Least Squares-Structural EquationModelling was used to analyze the data. Hence, the data analysis was conducted using SmartPLS3.0. The results of path analysis indicate that access to finance mediates the positive relationshipbetween MO, LO, TO and the performance of small and medium enterprises in Nigeria. This isan important additional explanation for the existence of the relationship between these strategicorientations and firm performance. The results further suggest that SMEs need to use theirstrategic activities to improve their ability to obtain finances in order to perform well. Finally,recommendations for further research are also discussed.Keywords: SMEs; Strategic Orientation; Nigeria; Access to Finance; Firm Performance.

2020 ◽  
pp. 49-68
Author(s):  
Waqas Ahmad ◽  
Zaheer Abbas ◽  
Zulfiqar Ali Shah

Purpose- The aim of the study is to investigate the impact of financial constraints on firm performance. The role of financial development in reducing financial constraints is also investigated. Design/methodology/approach- Data from two waves of World Bank Enterprise Surveys from 2007 to 2013 was used to construct the required variables. A balanced sample of 427 firms was selected and a fixed-effect model was used for empirical estimations. Findings- The findings indicate the significance of access to finance in terms of explaining firm performance. Improvement in access to finance led to subsequent improvement in firm performance as measured by labour productivity. The role of financial development in reducing credit constraints is not as expected. The concentration of lending to the private sector in the hands of large corporations at the expense of small and medium enterprises could be the reason for such a result. Originality/value – Most of the work in this area is focused on large listed firms. The present study focused primarily on small and medium-sized enterprises in Pakistan. Multiple measures of financial constraints and firm performance were used for robustness. The investigation also covers the role of financial development and its microeconomic implications at the level of an enterprise.


Author(s):  
Dedi Iskamto ◽  
Puspa Liza Ghazali

The purpose of this study is to investigate the influence of MSES performance in modulating the link between the entrepreneurial environment and entrepreneurial happiness. The biggest issue confronting Small and Medium Enterprises (SMEs) in Indonesia today is poor entrepreneurial satisfaction, which is connected to SMEs' performance as well as the entrepreneurial environment. Many businesses fail because founders are unable to operate them. Entrepreneurs that fail likely to abandon their venture. The data for this study will be processed quantitatively using AMOS SEM. The consequences of this research will be to widen the scope to include not just the well-being of entrepreneurs, but also the numerous consequences on other things.


2021 ◽  
Vol 1 (2) ◽  
pp. 13-24
Author(s):  
Tahir Ahmad ◽  
Altaf Akbar

The objective of this research is to examine the aspects of Information System (IS) strategies, Business Intelligence, and Analytics (BI&A) used to enhance firm performance. The main purpose of this study is to assess the influence of IS strategy, BI&A impact on firm performance as well as to demonstrate the association of innovation ambidexterity between BI&A and firm performance. Statistically analyzed results were based on data obtained from a survey questionnaire filled out by 322 Indonesian, China, Japan, and Malaysian Small and Medium Enterprises employees. The findings revealed that IS strategies, business intelligence, and analytics use have a significant influence on firm performance. The findings also revealed that innovative adaptability is a mediating factor in the favourable relationship between BI&A use and business success. All of the hypotheses were supported and the partial least squares method was used to test them.


Author(s):  
Danjuma Tali Nimfa

The purpose of this study is to investigates the effect of organisational culture on the sustainable growth of SMEs; mediating role of innovation competitive advantage. The electrical products small and medium enterprises was the realm of this study. The partial least squares structural equation modelling (PLS-SEM) via SmartPLS was employed to test the hypotheses. Finding of this study revealed that organisational culture has a direct positive significant effect on sustainable growth of SMEs and innovation competitive advantage. Moreover, the study confirmed that innovation competitive advantage has a direct positive significant relationship with sustainable growth of SMEs. Furthermore, the findings established that innovation competitive advantage has fully mediates the relationship between organisational culture and sustainable growth of electrical manufacturing SMEs in Nigeria. This study sets out purposeful measures to encourage owner-mangers of the electrical manufacturing SMEs to maintain as well as installing innovative organisational culture that enhance efficient sustainable growth of SMEs and embedding innovation competitive advantage as a viable strategic mechanism in the enterprise. This study is distinctive because it tries to fill the small and medium enterprises gaps through encouraging managers of the electrical manufacturing SMEs to always strategize for better sustainable growth in the rapidly changing business environment. Keywords: Organisational culture, Sustainable growth of SMEs, Innovation competitive advantage, PLS-SEM (SmartPLS).


2016 ◽  
Vol 6 (2) ◽  
pp. 167-175
Author(s):  
Ramatu Abdulkareem Abubakar

While a considerable amount of research has consistently established significant positive relations between entrepreneurial orientation and small and medium enterprises’ performance, there is a paucity of research examining the fundamental processes behind this relationship. To address this theoretical gap in the literature, this study examined the mediating role of organizational learning in the relationship between entrepreneurial orientation and SME performance. Based on survey data collected from 193 SMEs, located in Kano metropolis, findings suggested that entrepreneurial orientation was significantly associated with SME performance. Furthermore, the results indicated that the relationship between entrepreneurial orientation and SME performance was mediated by organizational learning. The implications of the results for explaining the performance of SMEs are discussed.


Author(s):  
Juliansyah Noor ◽  
Musa Alkadhim Alhabshy ◽  
Mohd Rafi Bin Yaacob

This research aims to evaluate the link between human resource practices (HRPs) and innovation with mediating effect of entrepreneurial creativity. This research uses the hierarchical analysis to examine data collected from entrepreneurs running 172 small and medium enterprises. The results show that (a) HRPs have a positive and significant effect on entrepreneurial creativity; (b) HRPs have statistically significant impact on innovation. These results provide empirical evidence that entrepreneurial creativity mediates the relationship between HRPs and innovation. Also, the findings provide evidence that the mediating role of entrepreneurial creativity causes improving employees' innovation. Also, the findings provide evidence that the mediating role of entrepreneurial creativity cause improving employees' innovation. By providing a cross-sectional examination of our model, we showed that HRPs and entrepreneurial creativity are of essence in shaping an innovative context. A comprehensive view on the triggers and outcomes of entrepreneurial creativity and innovation are needed, as the traditional unidirectional cause-effect rationale short in explaining how these concepts relate to one another and to entrepreneur experiences of HRPs.  


2018 ◽  
Vol 26 (1) ◽  
pp. 150-167 ◽  
Author(s):  
Zulqurnain Ali ◽  
Bi Gongbing ◽  
Aqsa Mehreen

Purpose A growing need for financing in small and medium enterprises (SMEs) has become a significant obstacle to the development of firms. To remove this barrier, the purpose of this paper is to examine how supply chain finance (SCF) assists the firms to improve their performance by utilizing the resource-based view (RBV). Furthermore, the present study also pursues to test the effect of trade digitization as a moderating variable in the relationship between SC finance and the firm performance. Design/methodology/approach Using data from the textile sector, the authors run confirmatory factor analysis in AMOS 24 and hierarchical linear regression model in SPSS 23 to measure the proposed model and hypotheses, respectively. Findings The study suggests that SCF significantly improves the SMEs performance. Moreover, trade digitization strengthens the relationship between SCF and SMEs performance. Thus, the current study significantly describes the firm RBV through SCF and trade digitization to predict the SMEs performance. Practical implications SMEs entrepreneurs or executives can optimize the working capital through SCF and enhance the visibility of transactions through digitization for improving SMEs performance. Moreover, SCF protects the SMEs due to its nature of risk mitigation strategy. Originality/value This study covered the unexplored gap in the previous literature of supply chain management by establishing the relationship between SCF and the firm performance empirically while identifying the role of trade digitization as moderating variable in the context of textile SMEs by employing RBV theory.


2018 ◽  
Vol 56 ◽  
pp. 04003
Author(s):  
Aamir Iqbal Umrani ◽  
Satirenjit Kaur Johl

Small and medium enterprises are vital components for economic growth globally. Similarly, the Malaysian manufacturing SMEs has contributed greatly in developing Malaysia’s economy. However, higher failure rate of the Malaysian SMEs is a great concern among researchers and government bodies. Currently, the industry 4.0 has changed the business environment globally. Therefore, this study attempts to investigate the relationship of ownership structures on firm performance with a mediating role of innovation. Baron and Kenny approach of mediation analysis was used on the sample of the Malaysian manufacturing SMEs. The results revealed that, majority SMEs prefer traditional business methods, which causes the higher failure rate in the industry.


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