Business Strategies on Financial Performance of Selected Companies in Putland, Somalia

Companies in Puntland have adopted business strategies, but despite the use of these strategies, the performance of these companies still remains poor. The selection of business strategies has been adversely mentioned as fundamental operational factor that has led to business collapse. The purpose o...

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Main Author: Abdullahi, Faisal Abdirahman
Format: Thesis
Language:en
en
Published: 2022
Online Access:http://ur.aeu.edu.my/1020/1/Faisal%20Abdirahman%20Abdullahi%20-%20Final%20Thesis.pdf
http://ur.aeu.edu.my/1020/2/Faisal%20Abdirahman%20Abdullahi%20-%20Final%20Thesis-1-24.pdf
http://ur.aeu.edu.my/1020/
https://online.fliphtml5.com/sppgg/wrme/?1670300889814
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_version_ 1831336560266575872
author Abdullahi, Faisal Abdirahman
author_facet Abdullahi, Faisal Abdirahman
author_sort Abdullahi, Faisal Abdirahman
building AEU Library
collection Institutional Repository
content_provider Asia e University
content_source AEU University Repository
continent Asia
country Malaysia
description Companies in Puntland have adopted business strategies, but despite the use of these strategies, the performance of these companies still remains poor. The selection of business strategies has been adversely mentioned as fundamental operational factor that has led to business collapse. The purpose of this study was to assess the effect of business strategies on financial performance of Companies in Puntland. The objectives of the study were: to find out effect of expansionary strategies on financial performance of Companies in Puntland, to determine the effect of diversification strategies on financial performance of Companies in Puntland, to find out to what extent replacement strategies affect financial performance of Companies in Puntland, to examine the effects of mutually exclusive investment strategies on financial performance of Companies in Puntland, to examine the effect of independent investment strategies on financial performance of Companies in Puntland and to determine the moderating effect of corporate tax on relationship between business strategies and financial performance of Companies in Puntland. The study adopted both descriptive and explanatory research designs. The target population of the study was 265 heads of five departments in 53 companies in Puntland. This study used stratified random sampling technique to select sample size of 160 respondents which the researcher determined using Slovin's Formula. Primary data was collected using a five Likert scale questionnaire. Descriptive statistics such as frequency distribution, standard deviation and mean were used to analyse quantitative data. Inferencial statistics such as correlation analysis, simple and multiple regression models were also applied. The findings were presented in tables and figures. The study found that expansionary strategies, diversification business strategies, replacement business strategies, mutually exclusive business strategies had a positive and statistically significant effect on financial performance of companies in in Puntland. Further, the study revealed that corporate tax had statistically significant moderating effect on the relationship between business strategies and Companies’ financial performance in Puntland. The study recommended that the government of the state of Puntland should reduce taxes so that the management of different companies in Puntland can improve their financial performance.
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spelling my-aeu-eprints.10202022-12-06T04:30:43Z http://ur.aeu.edu.my/1020/ Business Strategies on Financial Performance of Selected Companies in Putland, Somalia Abdullahi, Faisal Abdirahman Companies in Puntland have adopted business strategies, but despite the use of these strategies, the performance of these companies still remains poor. The selection of business strategies has been adversely mentioned as fundamental operational factor that has led to business collapse. The purpose of this study was to assess the effect of business strategies on financial performance of Companies in Puntland. The objectives of the study were: to find out effect of expansionary strategies on financial performance of Companies in Puntland, to determine the effect of diversification strategies on financial performance of Companies in Puntland, to find out to what extent replacement strategies affect financial performance of Companies in Puntland, to examine the effects of mutually exclusive investment strategies on financial performance of Companies in Puntland, to examine the effect of independent investment strategies on financial performance of Companies in Puntland and to determine the moderating effect of corporate tax on relationship between business strategies and financial performance of Companies in Puntland. The study adopted both descriptive and explanatory research designs. The target population of the study was 265 heads of five departments in 53 companies in Puntland. This study used stratified random sampling technique to select sample size of 160 respondents which the researcher determined using Slovin's Formula. Primary data was collected using a five Likert scale questionnaire. Descriptive statistics such as frequency distribution, standard deviation and mean were used to analyse quantitative data. Inferencial statistics such as correlation analysis, simple and multiple regression models were also applied. The findings were presented in tables and figures. The study found that expansionary strategies, diversification business strategies, replacement business strategies, mutually exclusive business strategies had a positive and statistically significant effect on financial performance of companies in in Puntland. Further, the study revealed that corporate tax had statistically significant moderating effect on the relationship between business strategies and Companies’ financial performance in Puntland. The study recommended that the government of the state of Puntland should reduce taxes so that the management of different companies in Puntland can improve their financial performance. 2022 Thesis NonPeerReviewed text en http://ur.aeu.edu.my/1020/1/Faisal%20Abdirahman%20Abdullahi%20-%20Final%20Thesis.pdf text en http://ur.aeu.edu.my/1020/2/Faisal%20Abdirahman%20Abdullahi%20-%20Final%20Thesis-1-24.pdf Abdullahi, Faisal Abdirahman (2022) Business Strategies on Financial Performance of Selected Companies in Putland, Somalia. Doctoral thesis, Asia e University. https://online.fliphtml5.com/sppgg/wrme/?1670300889814
spellingShingle Abdullahi, Faisal Abdirahman
Business Strategies on Financial Performance of Selected Companies in Putland, Somalia
title Business Strategies on Financial Performance of Selected Companies in Putland, Somalia
title_full Business Strategies on Financial Performance of Selected Companies in Putland, Somalia
title_fullStr Business Strategies on Financial Performance of Selected Companies in Putland, Somalia
title_full_unstemmed Business Strategies on Financial Performance of Selected Companies in Putland, Somalia
title_short Business Strategies on Financial Performance of Selected Companies in Putland, Somalia
title_sort business strategies on financial performance of selected companies in putland, somalia
url http://ur.aeu.edu.my/1020/1/Faisal%20Abdirahman%20Abdullahi%20-%20Final%20Thesis.pdf
http://ur.aeu.edu.my/1020/2/Faisal%20Abdirahman%20Abdullahi%20-%20Final%20Thesis-1-24.pdf
http://ur.aeu.edu.my/1020/
https://online.fliphtml5.com/sppgg/wrme/?1670300889814
url_provider http://ur.aeu.edu.my/