EXAMINING THE NEXUS BETWEEN SUPPLIERS’ RELATIONSHIP AND ORGANISATIONAL PERFORMANCE OF LISTED MANUFACTURING FIRMS IN LAGOS, NIGERIA
Loading...
Date
2022
Journal Title
Journal ISSN
Volume Title
Publisher
Department of Accounting, Faculty of Management Science (FMS), Modibbo Adama University (MAU) Yola
Abstract
This study examined the influence of supplier relationships on performance
measurement of quoted manufacturing firms in Lagos state, Nigeria. Specifically,
the influence of supplier relationships on the financial and non-financial performance
measurements of quoted manufacturing firms was examined. The need for this study
stemmed from sourcing for alternative financing of businesses, other than debt
financing from debtors/suppliers of a given firm, especially those in the
manufacturing sector, therefore, there is a need to investigate the effect of suppliers’
relationship on the overall performance of manufacturing firms. The data for this
study were collected based on a purposive sampling technique and 188 responses
were captured. Results were analysed using PLS-SEM and Smart PLS 4 software.
The result of the hypothesized paths showed that supplier’s relationship has a strong
influence on both financial and non-financial performances based on the strength of
the relationships and the effect sizes. The findings of this study imply that
relationship with suppliers is of utmost importance, giving its overall influence on
access to raw materials, and related input materials upon which other firm activities
depend in the manufacturing sector. In essence, the relationship maintained with the
firm’s suppliers has significant effects on the overall organizational performance.
Description
Keywords
Citation
Basiru, M. M., Salaudeen, I., Abdul-Hakeem, S., & Adama, I. B. (2022). EXAMINING THE NEXUS BETWEEN SUPPLIERS’RELATIONSHIP AND ORGANISATIONAL PERFORMANCE OF LISTED MANUFACTURING FIRMS IN LAGOS, NIGERIA. Nigerian Journal of Accounting and Finance, 14(2).