IDEAS home Printed from https://ideas.repec.org/a/rbs/ijbrss/v13y2024i1p314-322.html

An narrative review of value chain financing on the profitability of edible oil in South Africa

Author

Listed:
  • Kansilembo Freddy Aliamutu

    (Department of Financial Accounting, School of Accounting, Economics and Finance, University of KwaZulu Natal, South Africa)

  • Msizi Mkhize

    (Department of Financial Accounting, School of Accounting, Economics and Finance, University of KwaZulu Natal, South Africa)

Abstract

The objective of this review was to look at the impact of agricultural value chain financing on the profitability of edible oil in South Africa. A historical review's aim is to find all narrative evidence which fits the pre-specified eligibility requirements to respond to a particular study question or hypothesis. The research used a historical narrative review as its analysis method. This included compiling and analysing more than 60 online resources relating to various and relevant the value chain financing on profitability from several past research. The research concentrates on some papers that looked at the impact of agricultural value chain financing on profitability, both nationally and internationally. Exploratory studies on the agricultural value chain financing, published from 2012 to 2022, were evaluated. According to the findings, just one paper failed to demonstrate an important association between agricultural value chain financing and profitability, whilst the others showed that agricultural value chain financing had a substantial effect on profitability. However, none specifically addressed the oil industry, indicating the necessity for narrative research to examine the link among agricultural funding and the profitability of the South African edible oil industry. Key Words:Value chain financing, profitability, edible oil, agricultural value chain and financial services.

Suggested Citation

  • Kansilembo Freddy Aliamutu & Msizi Mkhize, 2024. "An narrative review of value chain financing on the profitability of edible oil in South Africa," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 13(1), pages 314-322, January.
    • Handle: RePEc:rbs:ijbrss:v:13:y:2024:i:1:p:314-322
    DOI: 10.20525/ijrbs.v13i1.2984
    as

    Download full text from publisher

    File URL: https://www.ssbfnet.com/ojs/index.php/ijrbs/article/view/2984/2204
    Download Restriction: no
    File URL: https://doi.org/10.20525/ijrbs.v13i1.2984
    Download Restriction: no
    File URL: https://libkey.io/10.20525/ijrbs.v13i1.2984?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Mathew Paul Ojo & Adeolu Babatunde Ayanwale, 2019. "Value chain financing and plantain production in Nigeria: an ex-ante approach," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 5(1), pages 1-15, December.
    2. Tina L. Saitone & Richard J. Sexton, 2017. "Agri-food supply chain: evolution and performance with conflicting consumer and societal demands," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 44(4), pages 634-657.
    3. Gordon, A. & Pulis, A. & Owusu-Adjei, E., 2011. "Smoked marine fish from Western Region, Ghana: a value chain assessment," Monographs, The WorldFish Center, number 39520, April.
    4. Mikhail Miklyaev & Glenn Jenkins & David Shobowale, 2020. "Sustainability of Agricultural Crop Policies in Rwanda: An Integrated Cost–Benefit Analysis," Sustainability, MDPI, vol. 13(1), pages 1-21, December.
    5. Sari Viskari & Miia Pirttila & Timo Karri, 2011. "Improving profitability by managing working capital in the value chain of pulp and paper industry," International Journal of Managerial and Financial Accounting, Inderscience Enterprises Ltd, vol. 3(4), pages 348-366.
    6. Lumi Peter Roko & Michael Isaac Opusunju, 2016. "Value Chain and Performance in Agro Allied Small and Medium Scale Enterprise in Sokoto State, Nigeria," International Journal of Business and Social Research, LAR Center Press, vol. 6(9), pages 8-19, September.
    7. Sari Viskari & Lotta Lind & Timo Kärri & Florian Schupp, 2012. "Using working capital management to improve profitability in the value chain of automotive industry," International Journal of Services and Operations Management, Inderscience Enterprises Ltd, vol. 13(1), pages 42-64.
    8. Kouwenhoven, Gerry & Reddy Nalla, Vijayender & Lossonczy von Losoncz, Ton, . "Creating Sustainable Businesses by Reducing Food Waste: A Value Chain Framework for Eliminating Inefficiencies," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 15(3), pages 1-20.
    9. James C. Brau & Stanley E. Fawcett & Ladd Morgan, 2007. "An Empirical Analysis of the Financial Impact of Supply Chain Management on Small Firms," Journal of Entrepreneurial Finance, Pepperdine University, Graziadio School of Business and Management, vol. 12(1), pages 55-82, Spring.
    10. repec:oap:ijaefa:v:3:y:2018:i:1:p:15-20:id:19 is not listed on IDEAS
    11. Lumi Peter Roko & Michael Isaac Opusunju, 2016. "Value Chain and Performance in Agro Allied Small and Medium Scale Enterprise in Sokoto State, Nigeria," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 6(9), pages 8-19, September.
    12. Ayele, Gezahegn & Minot, Nicholas & Rashid, Shahidur & Tefera, Nigussie, 2013. "Fertilizer in Ethiopia: An assessment of policies, value chain, and profitability:," IFPRI discussion papers 1304, International Food Policy Research Institute (IFPRI).
    13. Maria Belen Roldan & Ingrid Fromm & Robert Aidoo, 2013. "From Producers to Export Markets: The Case of the Cocoa Value Chain in Ghana," Journal of African Development, African Finance and Economic Association (AFEA), vol. 15(2), pages 121-138.
    14. Hoang-Lan Le & Kieu-Trang Vu & Thi-Bich-Ngoc Le & Ngoc-Khanh Du & Manh Dung Tran, 2018. "Impact of Working Capital Management on Financial Performance: The case of Vietnam," International Journal of Applied Economics, Finance and Accounting, Online Academic Press, vol. 3(1), pages 15-20.
    15. Marc Deloof, 2003. "Does Working Capital Management Affect Profitability of Belgian Firms?," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 30(3‐4), pages 573-588, April.
    16. Marc Deloof, 2003. "Does Working Capital Management Affect Profitability of Belgian Firms?," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 30(3-4), pages 573-588.
    17. Reardon, Thomas & Echeverria, Ruben & Berdegué, Julio & Minten, Bart & Liverpool-Tasie, Saweda & Tschirley, David & Zilberman, David, 2019. "Rapid transformation of food systems in developing regions: Highlighting the role of agricultural research & innovations," Agricultural Systems, Elsevier, vol. 172(C), pages 47-59.
    18. repec:eme:mfppss:v:38:y:2012:i:10:p:993-1004 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ivakina, A. & Zenkevich, N., 2018. "Working capital optimization under liquidity constraints in collaborative supply chains," Working Papers 15110, Graduate School of Management, St. Petersburg State University.
    2. Deari Fitim & Palomba Giulio, 2024. "Does the Cash Conversion Cycle Affect Firm Profitability? Some Empirical Evidence from Listed Firms in North Macedonia," Zagreb International Review of Economics and Business, Sciendo, vol. 27(1), pages 63-77.
    3. Pirttilä, M. & Virolainen, V.M. & Lind, L. & Kärri, T., 2020. "Working capital management in the Russian automotive industry supply chain," International Journal of Production Economics, Elsevier, vol. 221(C).
    4. Ishfaq Gulzar & S. M. Imamul Haque, 2023. "The Implications of Corporate Governance on the Working Capital Efficiency of Manufacturing Companies: Evidence from Emerging Market," Jindal Journal of Business Research, , vol. 12(2), pages 160-173, December.
    5. Tuba DERYA-BASKAN & Eda BALIKÇIOĞLU, 2018. "Firma Bileşenlerinin Halka Açık Perakende Firmalarında Kurumlar Vergisine Etkisi," Sosyoekonomi Journal, Sosyoekonomi Society, issue 26(37).
    6. Simranjeet Singh & Harwinder Kaur, 2017. "Working Capital Management and Profitability: Evidence from Selected Steel Manufacturing Companies in India," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 8(2), pages 73-79, May.
    7. Chen, Catherine Huirong & Choy, Siu Kai & Tan, Yongxian, 2022. "The cash conversion cycle spread: International evidence," Journal of Banking & Finance, Elsevier, vol. 140(C).
    8. Genesis Gyasi Sah & Judit Furedi-Fulop, 2022. "The Effects of Proper Inventory Management on the Profitability of SMEs," Technium Social Sciences Journal, Technium Science, vol. 32(1), pages 340-351, June.
    9. Krištofík Peter & Šlampiaková Lea, 2025. "Beyond Profitability: Behavioral and Sustainability Dimensions in Corporate Financial Management," WSB Journal of Business and Finance, Sciendo, vol. 59(1), pages 147-155.
    10. María Angélica Arbeláez & Alejandro Becerra & Francisco Fern�ndez & David Forero, 2019. "El sector comercio en Colombia y el crédito de proveedores," Informes de Investigación 17610, Fedesarrollo.
    11. Naumoski Aleksandar, 2022. "Financial Policy and Companies’ Sustainable Growth," Economic Themes, Sciendo, vol. 60(3), pages 281-301, September.
    12. Malik, Zafar Ullah & Iqbal, Athar, 2012. "Affect of Working Capital Management on Firms Profitability in Sugar Industry of Pakistan," MPRA Paper 41436, University Library of Munich, Germany.
    13. Mai, Nhat Chi, 2022. "Capital Raising and Management of Vietnamese Small and Medium Sized Enterprises after Integrating into Global Economy," OSF Preprints dv68m, Center for Open Science.
    14. Fan, Chenguang & Bae, Seongho & Liu, Yu, 2024. "Can FinTech transform corporate liquidity? Evidence from China," Innovation and Green Development, Elsevier, vol. 3(2).
    15. Mahdi Salehi & Reza Ghorbanzadeh, 2016. "The influence of firms' capital expenditure on firms' working capital management," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 11(3), pages 287-301.
    16. Duo Xu & Christopher Gan & Zhaohua Li & Pengcheng Wang, 2021. "Earnings, Working Capital and Dividend Payout: Evidence from the London Stock Exchange," Annals of Economics and Finance, Society for AEF, vol. 22(2), pages 421-449, November.
    17. Ashok Kumar Panigrahi, 2025. "Working Capital Management and Profitability in India’s Cement Sector: Evidence and Sustainability Implications," JRFM, MDPI, vol. 18(10), pages 1-21, September.
    18. repec:fst:rfsisf:v:8:y:2023:i:14:p:68-83 is not listed on IDEAS
    19. Talat Afza, 2011. "Working Capital Management Efficiency of Cement Sector of Pakistan," Journal of Economics and Behavioral Studies, AMH International, vol. 2(5), pages 223-235.
    20. Nida Shah, 2016. "The Impact of Working Capital Management on Firms Profitability in Different Business Cycles: Evidence from Pakistan," Journal of Finance and Economics Research, Geist Science, Iqra University, Faculty of Business Administration, vol. 1(1), pages 58-70, March.
    21. Lupu Dan, 2013. "Financial Micromanagement For Bse Firms," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 5-9, October.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rbs:ijbrss:v:13:y:2024:i:1:p:314-322. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Umit Hacioglu (email available below). General contact details of provider: https://edirc.repec.org/data/ssbffea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.