Exploring Multiple Paths to Improve Fishery Financial Performance from a Configuration Perspective: A Study Based on the fsQCA Method

Abstract

Improving the financial performance of fishery enterprises is an inevitable choice to promote the development of fishery economy. In this paper, 102 observation samples are selected, and the necessary and sufficient conditions for high financial performance of fishery listed companies are analyzed by using collocation perspective and qualitative comparative analysis (QCA). Research has found that the formation of high financial performance is a complex causal relationship with multiple concurrent factors, which is the result of the combined effect of multiple conditions, and the effect of each condition is not equal; Moreover, there is no unique optimal model, and 6 different conditional configurations (paths or models) can achieve the same results. The conclusion of this study is helpful to enriching the research on the factors affecting the financial performance of fishery enterprises from the perspective of system integration, and is of great theoretical and practical significance to reveal the factor combination mode produced by the research tendency of fishery enterprise ’performance.