Algerian Journal of Management Sciences
Volume 2, Numéro 1, Pages 01-21
2023-07-17
Globalisation And The Performance Of Business Organizations
Authors : Ogosi Francis . Nnamseh Michael . Andem Francis . Weniebi Zibigha . Nkanor Willie .
Abstract
This research study is on globalisation and the performance of business organizations in Nigeria with special focus on the manufacturing business sector. The main objective of the study was to investigate some globalisation measurement indicators (proxied by Inflation, Foreign Direct Investment and Trade Openness) and their effect on the performance of businesses in the Nigerian manufacturing sector (proxied by manufacturing output). The Ex Post Facto research design was employed with secondary data culled from the 2021 World Bank database for the period of 2000 to 2020.The sample size was determined from the population of twelve (12) business sectors using the simple random sampling technique. Both Simple Linear and Multiple regression analysis were utilized. The results showed that globalisation had a positive effect on the performance of business organizations in the Nigerian Manufacturing sector within the period under review. The study recommends for target FDI inflows through well guided trade policies sector towards the manufacturing sector.
Keywords
Inflation ; Foreign Direct Investment ; Trade Openness ; Business Performance ; Globalisation
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