Determinants of financial performance for small scale wine processing industries in Dodoma Region
| dc.contributor.author | Sweve, Amani E. | |
| dc.date.accessioned | 2024-03-11T12:48:01Z | |
| dc.date.available | 2024-03-11T12:48:01Z | |
| dc.date.issued | 2023 | |
| dc.description | Dissertation (Business Administration) | |
| dc.description.abstract | This study examined the determinants of financial performance of the small scale wine processing industries in Dodoma region, Tanzania. The study had three specific objectives; the first one was to examine the effect of firm specific factors on financial performance of small scale wine processing firms in Dodoma. The second one was to determine the effect of capital structure (debts and equity) on the financial performance of small scale wine processing firms in Dodoma. The third one was to analyze the effect of liquidity on financial Performance of small scale wine processing firms in Dodoma. The study adopted a quantitative research approach with a cross-sectional survey research design. There were a total of 83 small scale wine processing industries at the time and total population was surveyed for data collection. Data were collected by using a structured questionnaire and the analysis was done through descriptive statistics and Multiple Linear Regression model. Findings of the study revealed that firm specific factors (firms age and size), capital structure (Debt to equity Ratio) and liquidity (current assets and current liabilities) have positive significant effect on the financial performance of the small scale wine processing firms. This implies that, the financial performance of the wine processing firms is influenced by firm age and size as specific factors, capital structure and liquidity. Any positive change in the mentioned factors would lead to a positive change in the financial performance of the wine processing firms. The study recommends that small scale wine processing industries should make sure they take advantage of the competitive edge brought by size and age of the firm since they have positive effect on firm's financial performance which is proxied by profitability. Also, small scale wine industries should have a good debt to equity ratio by avoiding having too much debt since it increases the chances of insolvency. Moreover, there should be a balance between current assets and current liabilities. Firms should have more current assets and less current liabilities to have a better liquidity position and have an ability to pay their short-term debt obligations when they fall due. | |
| dc.identifier.citation | Sweve, A. E. | |
| dc.identifier.uri | https://repository.udom.ac.tz/handle/20.500.12661/4232 | |
| dc.language.iso | en | |
| dc.publisher | The University of Dodoma | |
| dc.subject | financial performance | |
| dc.subject | processing industries | |
| dc.subject | small scale industeries | |
| dc.subject | wine processing industries | |
| dc.subject | determinants of financial performance | |
| dc.title | Determinants of financial performance for small scale wine processing industries in Dodoma Region | |
| dc.type | Thesis |