The impact of economic reform on business performance: A study of foreign and domestic firms in Ghana
This paper reports the results of a cross-sectional study of firms operating in a liberalized developing economy. The purpose of the research was to determine effects of economic reform policies and consequent business strategies upon performance among foreign and domestic firms in Ghana. Data were obtained from 114 companies representing domestic firms and foreign organizations headquartered in North America, Europe and Asia. Regression analysis was used to test whether environmental change and its related business strategies influence performance. Study results indicate that, generally, changes in the business environment and firm strategies have had a relatively greater impact on foreign companies' performance compared with domestic organizations. The article concludes with a discussion on the managerial and policy making implications of the study as well as avenues for future research
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 8 (1999)
Issue (Month): 4 (August)
|Contact details of provider:|| Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/133/description#description|
|Order Information:|| Postal: http://www.elsevier.com/wps/find/journaldescription.cws_home/133/bibliographic|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Jos� de La Torre, 1981. "Foreign Investment and Economic Development: Conflict and Negotiation," Journal of International Business Studies, Palgrave Macmillan, vol. 12(2), pages 9-32, June.
- Muuka, Gerry N., 1997. "Wrong-footing MNCs and local manufacturing: Zambia's 1992-1994 structural adjustment program," International Business Review, Elsevier, vol. 6(6), pages 667-687, December.
- Sadri, Sorab & Williamson, Caroline, 1989. "Management and industrial relations strategies of multinational corporations in developing countries," Journal of Business Research, Elsevier, vol. 18(3), pages 179-193, May.
- Franklin R Root & Ahmed A Ahmed, 1978. "The influence of policy instruments on manufacturing Direct Foreign investment in developing countries," Journal of International Business Studies, Palgrave Macmillan, vol. 9(3), pages 81-94, September.
- Susan P Douglas & C Samuel Craig, 1983. "Examining Performance of U.S. Multinationals in Foreign Markets," Journal of International Business Studies, Palgrave Macmillan, vol. 14(3), pages 51-62, September.
- J Markham Collins, 1990. "A Market Performance Comparison of U.S. Firms Active in Domestic, Developed and Developing Countries," Journal of International Business Studies, Palgrave Macmillan, vol. 21(2), pages 271-287, June.
- Steel, William F & Webster, Leila M, 1992. "How Small Enterprises in Ghana Have Responded to Adjustment," World Bank Economic Review, World Bank Group, vol. 6(3), pages 423-38, September.
- Liedholm, Carl & Mead, Donald C., 1987. "Small Scale Industries in Developing Countries: Empirical Evidence and Policy Implications," Food Security International Development Papers 54062, Michigan State University, Department of Agricultural, Food, and Resource Economics.
- Samli, A. Coskun & Kaynak, Erdener, 1984. "Marketing practices in less-development countries," Journal of Business Research, Elsevier, vol. 12(1), pages 5-18, March.
- Gulhati, Ravi, 1990. "Who makes economic policy in Africa and how?," World Development, Elsevier, vol. 18(8), pages 1147-1161, August.
When requesting a correction, please mention this item's handle: RePEc:eee:iburev:v:8:y:1999:i:4:p:463-486. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.