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The Impact of Demographic and Social Factors on Firm Performance in Kenya

机译:人口和社会因素对肯尼亚公司绩效的影响

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An excellent performance in terms of output or profitability is one of the major goals of any firm. In order to achieve this, firms use various inputs such as financial resources (capital), human resources (labor force), technology among others. Demographic factors such as gender, education level and age also play a key role. The current study investigated the impact of these demographic and social factors on performance of business firms in Kenya using data from MSME 2016 survey, which was conducted by Kenya National Bureau of Statistics in 2016. Firm performance was measured by average monthly revenue, which is equivalent to the value of the firm's maximized output. The factors investigated include education level, gender and age of the firm. In addition to these factors, the study also investigated the effect of labor force, capital and firm's ownership structure on performance. Ordinary least squares technique and descriptive statistics were used. The study found that education level and age of the firm have a positive effect on performance. Firms operated by males were found to have a better performance than those operated by females. In addition, the study found that partnerships, cooperatives and companies (both private and public limited) perform better than family owned business firms did. (JEL D21, D22, D24, M21).
机译:就产量或盈利能力而言,出色的业绩是任何公司的主要目标之一。为了实现这一目标,企业使用各种投入,例如财务资源(资本),人力资源(劳动力),技术等。性别,教育程度和年龄等人口因素也起着关键作用。本研究使用肯尼亚国家统计局于2016年进行的MSME 2016调查数据,调查了这些人口统计学和社会因素对肯尼亚商业公司绩效的影响。公司绩效以平均月收入衡量,达到公司最大产出的价值。调查的因素包括教育程度,性别和公司年龄。除这些因素外,研究还调查了劳动力,资本和企业所有权结构对绩效的影响。使用普通最小二乘法和描述性统计。研究发现,公司的教育程度和年龄对绩效有积极影响。发现由男性经营的公司的业绩要好于由女性经营的公司。此外,研究发现,合伙,合作社和公司(包括私人和公共有限责任公司)的业绩要好于家族企业。 (JEL D21,D22,D24,M21)。

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