Managerial capability, business strategy, and performance: the role of external factors

被引:2
作者
Agyapong, Ahmed [1 ]
Akomea, Samuel Yaw [2 ]
Owusu, Marting Ansah [1 ]
Nkansah, Abigail Phoebe [1 ]
Zakari, Mariama [1 ]
机构
[1] Kwame Nkrumah Univ Sci & Technol, KNUST Sch Busines, Kumasi, Ghana
[2] Kwame Nkrumah Univ Sci & Technol Kumasi, Kumasi, Ghana
来源
SMALL ENTERPRISE RESEARCH | 2023年 / 30卷 / 03期
关键词
Managerial capability; strategy; external factors; performance; Ghana; RESOURCE-BASED VIEW; COMPETITIVE STRATEGY; FIRM PERFORMANCE; MODERATING ROLE; ENTREPRENEURIAL ORIENTATION; DYNAMIC CAPABILITIES; FAMILY BUSINESSES; DETERMINANTS; ANTECEDENTS; INNOVATION;
D O I
10.1080/13215906.2023.2270526
中图分类号
F [经济];
学科分类号
02 ;
摘要
The purpose of the paper is to investigate (1) the mediating role of business strategies in the managerial capability-performance relationship; and (2) the moderating roles of environmental contingents including market turbulence, technology turbulence, and competitive intensity on the indirect managerial capability-performance relationship through business strategies. The study uses primary data collected from manufacturing firms (n = 203) in a Sub-Saharan nation to examine this vital relationship. Using Hayes PROCESS, the findings reveal that whereas the differentiation strategy effectively mediates the managerial capability-performance relationship, cost leadership offers no mediation effects. Furthermore, the findings show that the contingent role of the three selected environmental conditions on the strategy-performance relationship is positive but insignificant. This implies that although these external factors positively moderate the relationship, weaken the business strategy-performance relationship, signifying a buffering relationship.
引用
收藏
页码:318 / 342
页数:25
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