Firm Age and Financial Performance: The Firm Life-Cycle Theoretical Perspective of Private Limited Companies In Uganda

نویسندگان

چکیده

Purpose: While the financial performance of private companies has invoked intense interest globally, this study aimed to investigate relationship between firm age and limited in Uganda.
 Methodology: The adopted a positivist paradigm cross-sectional design. A structured self-administered questionnaire was deployed gather quantitative data from Accountants, Auditors, CEOs, Board Members who were purposively selected. Three hundred ninety-four Central Western Uganda sampled. assessed using Pearson correlation standard regression analysis techniques.
 Findings: established positive performance. It that accounts for 14% variance among Uganda. recommends managers prioritize factors guarantee long-term existence businesses by devising sound investment operational policies match life-cycle stages their firms.
 Recommendations: This cements our insights on age-financial nexus Uganda’s sector highlights significance towards Findings provide into promising business approaches guide management setting priorities achieve survival better performance.

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ژورنال

عنوان ژورنال: International journal of business strategies

سال: 2023

ISSN: ['2519-0857']

DOI: https://doi.org/10.47672/ijbs.1475