International Journal of Transformations in Business Management

(By Aryavart International University, India)

International Peer Reviewed (Refereed), Open Access Research Journal

E-ISSN : 2231-6868 | P-ISSN : 2454-468X

IMPACT FACTOR : 5.987 | SJIF 2020: 6.336 |SJIF 2021 : 6.109 | ICV 2020=66.47

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Abstract

Vol: 5, Issue: 3 2015

Page: 34-43

Effect of Corporate Strategy and Corporate Resources on Performance of Nigerian SMEs

Abdullahi Hassan Gorondutse

The existence of SMEs has an imperative role for the communities’ welfare. On the other hand, there is the biggest challenge, such as how to increase the value of business which is shown by Financial Performance that keeps on declining. Regarding to this matter, the objectives of this study are to get assessment related to (1) correlations of corporate resources with corporate strategy, and (2) whether corporate resources and corporate strategy are affecting business performance, partially or simultaneously, to the Nigerian SMEs. For this research, units of analyze were SMEs from four different industry sectors and the samples are 320 SMEs owner manager. Data was gathered by questionnaires. The finding shows that there are correlations between corporate resources and corporate strategy. Corporate resources and corporate strategy are significantly affect corporate performance directly. Moreover, the implications and necessary suggestions regarding future research were also recommended.

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