Identifying Factors to Indicate the Business Performance of Small Scale Industries: Evidence from Sri Lanka

Lingesiya.Y
Lingesiya.Y * §
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§ University of Peradeniya, Sri Lanka. University of Peradeniya, Sri Lanka.

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Identifying Factors to Indicate the Business Performance of Small Scale Industries: Evidence from Sri Lanka

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Abstract

This paper was to identify underlying factors in a collected data set that represent to indicate to the performance of small scale industries from Sri Lanka. The analysis based on the owner/ managers who responded to a questionnaire survey conducted on sample of small scale industries in Vavuniya district of the Sri Lanka. Initially, exploratory factor analysis has generated five factor solutions. In order to confirm reliability of factor, Cronbach’s alpha was used and finally, five factors were extracted with high reliability and named: Customer Satisfaction with Managing Change, Growth at Business and Income Level, Growth in Profitability, Growth in Turnover, Growth in Number of Employees. However, it is recommended to test the overall validity (content/face/discriminant) of the factor structure and to carry on confirmatory factor analysis to confirm the obtained factor structure with the large set of data.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Lingesiya.Y. 1970. "Identifying Factors to Indicate the Business Performance of Small Scale Industries: Evidence from Sri Lanka". Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 12 (GJMBR Volume 12 Issue A21).

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
Factor analysisperformance indicatorssmall scale industries
Classification
GJMBR-A Classification JEL Code: O14
  • Submission ReceivedOctober 2, 2012
  • Peer Review Double Blind
    Handling Editor
  • Accepted November 1, 2012
  • Published November 15, 2012
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v1.2

Language
English
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Identifying Factors to Indicate the Business Performance of Small Scale Industries: Evidence from Sri Lanka

Lingesiya.Y
Lingesiya.Y University of Peradeniya, Sri Lanka.
  • Submission ReceivedOctober 2, 2012
  • Peer Review Double Blind
    Handling Editor
  • Accepted November 1, 2012
  • Published November 15, 2012