Neural Networks and Rules-based Systems used to Find Rational and Scientific Correlations between being Here and Now with Afterlife Conditions
Neural Networks and Rules-based Systems used to Find Rational and
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This study explores the relationship between financial slack and firm performance using a sample of firms in African countries. This study employed a split sample analysis to unmask the real picture of slack and performance nexus. We also used a baseline sample (using 923 firms) analysis to show how the result is ambiguous. By using 530 African firms (212 high and 318 low financial firms), this study found that while high available slack has adverse effects, low available slack has a favourable impact on firm performance. However, the study confirms while high potential slack has a positive influence, low potential slack hurts African firms’ performance. These results depicted that while agency theory offers a strong prediction when dealing with high available slack, the resource-based theory provides a reliable forecast when dealing with high potential slack. This study finally suggests the application of split-sample analysis in studies like this.
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Demis Hailegebreal Hailu. 2020. \u201cFinancial Slack and Firm Performance: Evidence from Africa\u201d. Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 20 (GJMBR Volume 20 Issue C4): .
Crossref Journal DOI 10.17406/GJMBR
Print ISSN 0975-5853
e-ISSN 2249-4588
The methods for personal identification and authentication are no exception.
The methods for personal identification and authentication are no exception.
Total Score: 104
Country: Unknown
Subject: Global Journal of Management and Business Research - C: Finance
Authors: Demis Hailegebreal Hailu, Man Wang, Abdurahman Aliyi Ibrahim, Misraku Molla Ayalew (PhD/Dr. count: 0)
View Count (all-time): 171
Total Views (Real + Logic): 2262
Total Downloads (simulated): 1073
Publish Date: 2020 09, Tue
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This study explores the relationship between financial slack and firm performance using a sample of firms in African countries. This study employed a split sample analysis to unmask the real picture of slack and performance nexus. We also used a baseline sample (using 923 firms) analysis to show how the result is ambiguous. By using 530 African firms (212 high and 318 low financial firms), this study found that while high available slack has adverse effects, low available slack has a favourable impact on firm performance. However, the study confirms while high potential slack has a positive influence, low potential slack hurts African firms’ performance. These results depicted that while agency theory offers a strong prediction when dealing with high available slack, the resource-based theory provides a reliable forecast when dealing with high potential slack. This study finally suggests the application of split-sample analysis in studies like this.
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