Jurnal Bisnis dan Kewirausahaan (Journal of Business and Entrepreneurship)
Vol. 9 No. 1 (2021): JOURNAL OF BUSINESS AND ENTREPRENEURSHIP (May 2021 Edition)

A PANEL STUDY OF CORPORATE VENTURING AND LISTED MANUFACTURING FIRMS’ GROWTH IN NIGERIA

Ayorinde, Afisat Abolore (Unknown)
Adeyeye, Mercy Modupe (Unknown)
Sajuyigbe, Ademola Samuel (Unknown)
Omoshagba, Praise Oluwatoyin (Unknown)



Article Info

Publish Date
06 Mar 2021

Abstract

The study sought to investigate the impact of corporate venturing dimensions on organisational growth with specific reference to consumer goods manufacturing firms listed by the Nigerian Stock Exchange (NSE). The populace for the study comprised the twenty-one (21) listed consumer goods manufacturing companies in Nigeria as of January 2020 out of which fifteen (15) companies were used as sample size based on inclusion and exclusion criteria. A panel study was conducted using ten years (2010-2019) published and audited annual accounts. Pearson-Moment Correlation Coefficient and Linear Regression were used for the evaluation. The result exhibits a positive correlation between internal corporate venturing, external corporate venturing, cooperative corporate venturing, and organisational growth. The study supports the preceding studies that investment in corporate venturing is an alternative paradigm to organizational growth. Therefore, the study encouraged that manufacturing companies should invest judiciously on corporate venturing. Thus, will go a long way for the sector to take a leading position in economic activities.

Copyrights © 2021






Journal Info

Abbrev

JOBE

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Environmental Science Languange, Linguistic, Communication & Media Social Sciences

Description

The Journal of Business and Entrepreneurship (JoB&E) is the official journal of the Faculty of Business, Sampoerna University, with a frequency of publishing two times per year, in May and November. JoB&E is a double blind peer-reviewed journal devoted to the publication of original papers. We ...