Examining the Impact of the Separation of Ownership from Management on the Performance of Small and Medium Poultry Agribusinesses in Ghana

IF 2.1 Q3 BUSINESS

Journal of African Business Pub Date : 2023-01-09 DOI:10.1080/15228916.2023.2165897

Cynthia Michaela Quaicoo, Richard Kwasi Bannor

{"title":"Examining the Impact of the Separation of Ownership from Management on the Performance of Small and Medium Poultry Agribusinesses in Ghana","authors":"Cynthia Michaela Quaicoo, Richard Kwasi Bannor","doi":"10.1080/15228916.2023.2165897","DOIUrl":null,"url":null,"abstract":"ABSTRACT This study aimed to examine the relationship between the Separation of Ownership and Management (SOM) and the performance of poultry farms in Ghana. Binary Probit regression was used to examine the factors influencing SOM and the owner’s willingness to separate management from ownership. The Propensity Score Matching (PSM) model and Instrumental Variable Tobit Regression were used to analyze the impact of SOM on financial and non-financial performances. The results revealed that most farms studied had separate ownership and management roles, but owners still exerted the same amount of control over farm operations. SOM was determined to significantly impact the financial performance variable of total assets but did not impact total sales revenue and non-financial performance variables of employee satisfaction or corporate social responsibility. Owner’s demographics, perception and control variables, and farm characteristics have varying influences on the separation of ownership and management and the willingness to undertake the same.","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":"24 1","pages":"673 - 699"},"PeriodicalIF":2.1000,"publicationDate":"2023-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of African Business","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/15228916.2023.2165897","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"BUSINESS","Score":null,"Total":0}

引用次数: 1

Abstract

ABSTRACT This study aimed to examine the relationship between the Separation of Ownership and Management (SOM) and the performance of poultry farms in Ghana. Binary Probit regression was used to examine the factors influencing SOM and the owner’s willingness to separate management from ownership. The Propensity Score Matching (PSM) model and Instrumental Variable Tobit Regression were used to analyze the impact of SOM on financial and non-financial performances. The results revealed that most farms studied had separate ownership and management roles, but owners still exerted the same amount of control over farm operations. SOM was determined to significantly impact the financial performance variable of total assets but did not impact total sales revenue and non-financial performance variables of employee satisfaction or corporate social responsibility. Owner’s demographics, perception and control variables, and farm characteristics have varying influences on the separation of ownership and management and the willingness to undertake the same.

查看原文本刊更多论文

所有权与经营权分离对加纳中小型家禽农业企业绩效的影响研究

摘要本研究旨在检验所有权和管理分离（SOM）与加纳家禽养殖场绩效之间的关系。二元Probit回归用于检验影响SOM的因素以及所有者将管理与所有权分离的意愿。采用倾向得分匹配（PSM）模型和工具变量托比特回归分析了SOM对财务和非财务绩效的影响。研究结果显示，大多数被研究的农场都有各自的所有权和管理角色，但所有者仍然对农场运营施加同样的控制。SOM被确定为显著影响总资产的财务绩效变量，但不影响总销售收入和员工满意度或企业社会责任的非财务绩效变量。所有者的人口统计、感知和控制变量以及农场特征对所有权和管理权的分离以及承担所有权和管理的意愿有不同的影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Journal of African Business BUSINESS-

CiteScore

4.60

自引率

10.50%

发文量

期刊介绍： Journal of African Business is the official journal of the Academy of African Business and Development, the largest network of professionals committed to advancement of business development in African nations. JAB strives to comprehensively cover all business disciplines by publishing high quality analytical, conceptual, and empirical articles that demonstrate a substantial contribution to the broad domain of African business. Regardless of the research context, tradition, approach, or philosophy, manuscripts submitted to JAB must demonstrate that the topics investigated are important to the understanding of business practices and the advancement of business knowledge in or with Africa. Particularly, JAB welcomes qualitative and quantitative research papers. JAB is not, however, limited to African-based empirical studies. It searches for various contributions, including those based on countries outside Africa that address issues relevant to African business. Targeted toward academics, policymakers, consultants, and executives, JAB features the latest theoretical developments and cutting-edge research that challenge established beliefs and paradigms and offer alternative ways to cope with the endless change in the business world. Covered areas: Accounting; Agribusiness Management and Policy; Business Law; Economics and Development Policy; Entrepreneurship and Family Business; Finance; Global Business; Human Resource Management; Information and Communications Technology (ICT); Labor Relations; Marketing; Management Information Systems (MIS); Non-Profit Management; Operations and Supply Chain Management; Organizational Behavior and Theory; Organizational Development; Service Management; Small Business Management; Social Responsibility and Ethics; Strategic Management Policy; Technology and Innovation Management; Tourism and Hospitality Management; Transportation and Logistics