Analyzing tai w88 factors affecting tai w88 business performance of small and medium-sized enterprises in Ninh Thuan province

Abstract:

This study uses tai w88 regression analysis method to analyze tai w88 factors affecting tai w88 business efficiency of small and medium-sized enterprises (SMEs) inNinh Thuan provincethrough tai w88 return on equity (ROE) ratio and tai w88 return on total assets (ROA) ratio. tai w88 study finds that tai w88 total cost to total revenue ratio, tai w88 cost of goods sold to tai w88 average of inventories ratio, and tai w88 revenue growth rate have a negative correlation with SMEs’ ROE and ROA ratios. Meanwhile, tai w88 fixed assets to total assets ratio, tai w88 net income to tai w88 average of total assets ratio, and tai w88 business owner’s years of schooling have a positive correlation with SMEs’ ROE and ROA ratios. Based on tai w88 study’s findings, some solutions are proposed to help SMEs in Ninh Thuan province improve their business performance in general and their debt financing efficiency

Keywords: efficiency, production and business, small and medium enterprises, Ninh Thuan.

1. Introduction

Small and medium-sized enterprises (SMEs) in Vietnam and other countries around tai w88 world play a particularly important role in promoting tai w88 social and economic development of each country (Vo Thanh Danh, Ong Quoc Cuong & Tran Ba Quang, 2013). SMEs are a channel to attract investment capital from tai w88 people, create jobs, raise incomes for people, and also contribute to tai w88 effective use of local resources, promote creative competition, and economic growth (Mathew Philip, 2010). Economics and social stability. Moreover, it also plays a supporting and complementing role for large enterprises to form a link of cooperation, competition and development together(Ong Tze San and Teh Boon Heng, 2011). On tai w88 other hand, SMEs have small scale and simple organizational structure, initial investment costs are not large, production space is small, so it is very convenient to enter tai w88 market, as well as easily narrow production or industry transformation(Pedro Juan García-Teruel and Pedro Martínez-Solano, 2007).

Ninh Thuan has a convenient traffic location near Cam Ranh international airport with an infrastructure system that has been built, upgraded and expanded with regional connectivity, creating favorable conditions for investment activities. tai w88 socioeconomic development went smoothly. Although in recent years SMEs in Ninh Thuan have had many important developments, increasingly playing a role in tai w88 economic development of tai w88 South-Central region, in reality, SMEs are still facing many difficulties in production and business activities. Such as expanding tai w88 consumer market, small scale, lack of capital, managerial experience, trade promotion, lack of synchronized government support, and slow innovation in economic thinking, etc.(Province of Ninh Thuan's People's Committee, 2019).

Therefore, analyzing tai w88 factors affecting tai w88 production and business efficiency of small and medium-sized enterprises in Ninh Thuan province is necessary in order to help enterprises improve their operational capacity as well as promptly adopt appropriate policies for their operations. commercial activities to avoid tai w88 risk of bankruptcy and at tai w88 same time overcome tai w88 limitations to stabilize and better develop in tai w88 future.

2. Theoretical overview

2.1. Small and medium enterprises

A company is defined as an entity having its own name, property, transaction office, founded or registered for establishment under tai w88 provisions of law for business objectives, according to Clause 10, Article 4 of tai w88 Enterprise Law 2020. tai w88 following kinds of undertakings are also defined by business law: (i) State enterprises are businesses where tai w88 State owns more than half of tai w88 charter capital, or all of tai w88 shares with voting rights, as specified. In Company Law 2020, Article 88; (ii) tai w88 Vietnamese firm is a business situated in Vietnam that was founded or registered in conformity with Vietnamese legislation(tai w88 Enterprise Law, 2020).

Under Article 6 of Decree 39/2018/ND-CP, tai w88 criteria for tai w88 determination of SMEs are: (i) Micro enterprises have an average number of employees participating in social insurance of no more than 10 people per year and total annual revenue of not more than 10 billion VND. or a principal not exceeding 3 billion; (ii) Small enterprises: tai w88 average number of employees participating in social insurance is not more than 50 people and tai w88 total revenue of tai w88 year is not more than 100 billion or tai w88 total capital is not more than 50 billion; (iii) Medium Enterprises: with an average number of employees participating in social insurance of no more than 100 people per year and total annual revenue not exceeding 300 billion or total capital not exceeding 100 billion(Decree 39/2018/ND-CP, 2018).

2.2. Production and business efficiency

Efficiency is a crucial criterion for evaluating tai w88 performance of a business(Zeitun R and Tian G.G, 2007). Efficiency calls for reducing expenses and maximizing profits for a given level of output, as opposed to productivity, which a company achieves by maximising tai w88 number of units produced in a specific amount of time(Akingunola R.O., Olawale L.S. and Olan J.D., 2017). Making a profit is one of tai w88 most important goals of businesses, and in tai w88 current economic climate, firms must do it in order to survive and grow(Krishna Moorthy etal., 2012). Profit is crucial for tai w88 entire economy, not just for businesses and sectors, as it enables them to reinvest in growing their business, replacing outdated machinery and equipment, and advancing technology. It is a foundation for raising workers' living standards, motivating workers to boost labor productivity, and a requirement for enhancing tai w88 effectiveness of production and business operations of enterprises.

As a result, a study of business activities includes a review of business performance. Not merely tai w88 outcomes of business and production operations, which are represented by particular economic indicators that take into account influencing factors, are tai w88 focus of this examination. Prior to now, tai w88 information requirements for basic and small-scale manufacturing and company were not excessive and not sophisticated, and tai w88 analytical work was typically done simply, as can be seen in tai w88 accounting job. Information requirements are diversifying and becoming more sophisticated as firms grow. To address tai w88 information needs of managers, analysis of production and commercial activities was created and developed as a separate science. Therefore, tai w88 process of utilizing analytical approaches to analyze tai w88 entire process, tai w88 input factors influencing production activities, and tai w88 results of production and business on that basis is known as tai w88 analysis of production and business efficiency. Develop strategies and tactics to increase tai w88 effectiveness of businesses' production and business operations.

2.3. Indicators for measuring business performance

Enterprise commercial efficiency is a complicated topic that is connected to all tai w88 elements of production and tai w88 commercial process (means of production, management, tools of tai w88 trade, tasks at hand, etc.). and only when those foundational components are employed properly will it be really powerful(Krishna Moorthy etal., 2012). Building a comprehensive and comprehensive system of indicators that both reflect tai w88 aggregate, tai w88 profitability, and reflect tai w88 efficiency of each factor of production, each type of investment capital, etc. is necessary in order to accurately and scientifically assess tai w88 business performance of enterprises. Statistics frequently employ two broad calculation methods to analyze company performance in order to satisfy tai w88 aforementioned standards.

tai w88 best way is:Production Efficiency is calculated as: Outputs - Input Costs(Krishna Moorthy etal., 2012).

This method is simple and easy to calculate but has certain limitations; it does not fully reflect tai w88 quality of tai w88 business as well as tai w88 potential to improve tai w88 business efficiency of enterprises. enterprises and enterprises themselves through different research periods.

Way two:Operational Effectiveness = Outputs / Input Costs(Krishna Moorthy etal, 2012).

According to this approach, tai w88 profitability of tai w88 production process' inputs is reflected in how well business and production operations are run.

Operational efficiencies = Input/ Output costs (calculated in opposite direction).

This indication shows how many input cost units are required to produce one production unit.

3. Research

3.1. Research Methods

3.1.1. Research process

To have an overview, tai w88 research process is built as follows:

 

3.1.2 Research Methods

* Method of descriptive statistics

Describing and evaluating tai w88 growth of SMEs in Ninh Thuan over tai w88 past few years using tai w88 method of descriptive statistics. Some criteria, such as tai w88 absolute number, relative number, average number, etc., are utilized as research criteria in tai w88 description to address tai w88 fundamental issues addressed by tai w88 study.

* tai w88 technique used to gather data

- Secondary data:collected in tai w88 province of Ninh Thuan. Reports from tai w88 People's Committees of Ninh Thuan Province at all levels, tai w88 Department of Planning and Investment, tai w88 Department of Industry and Commerce, tai w88 Statistics Office, and a number of studies, periodicals, newspapers, tai w88 Internet, and articles on tai w88 topic. Several writers on tai w88 growth of SMEs.

- Primary data:by tai w88 use of a prepared questionnaire. Through a questionnaire survey of small and medium-sized firms that have started production and business activities in Ninh Thuan Province, 145 samples (from tai w88 list of tai w88 Ninh Thuan Provincial Department of Statistics) were gathered. A sufficient number of questionnaires were chosen and disseminated immediately in order to guarantee tai w88 quantity of study samples and prevent duplication. Two surveys were conducted to get tai w88 raw data: a preliminary survey and a formal survey.

+ Preliminary Survey: Sample 10 institutions to look for questionnaire errors.

+ Formal survey: conducted after revising tai w88 questionnaire using tai w88 findings of an earlier study. tai w88 number of sampling units chosen in accordance with tai w88 sampling technique.

tai w88 creation of tai w88 questionnaire comprehensively covered business results, which are tai w88 main factors driving SME activity. Additionally, it will focus on information about tai w88 respondents including their gender, level of education, age, and employment.

* A method for calculating tai w88 sample size

Sampling method: practical In research, sampling is a non-probability sampling strategy.

tai w88 sample size for multivariate regression analysis will depend on how many independent variables are included in tai w88 research model. Numerous scholars have created a wide variety of sample size calculating algorithms to fit every study setting. According to Green (1991), tai w88 study model has nine independent variables. Tabachnick and Fidell (2007) created tai w88 formula to determine sample size n 50 + 8.p (p denotes tai w88 presence of independent variables in tai w88 model). Thus, with p = 9, a sample size of above 122 is expected for tai w88 research topic in order to aid in analysis, ensure homogeneity, and ensure that enough observations are representative of tai w88 entire study.Data analysis software

Based on primary data, collect data from tai w88 questionnaire. Then tai w88 author uses tai w88 Microsoft Excel program to process, synthesize, and analyze data according to tai w88 content of tai w88 topic as follows: Using tai w88 descriptive statistics method with indicators such as frequency, rate, mean, and standard deviation and determining tai w88 influencing factors in tai w88 quantitative model of tai w88 topic using SPSS 25.0 software to render.

3.2. Proposed research model

tai w88 purpose of empirical research in economics is to explain tai w88 relationship between a dependent variable Y and one or more explanatory variables (X1,..., Xi). To do this, we want to know what effect Xi has on Y-both tai w88 direction and magnitude of tai w88 effect. tai w88 methods used to estimate this type of model are (i) tai w88 multivariable linear regression model, (ii) tai w88 fixed effects regression model (FEM), and (iii) tai w88 random effects model. (REM). For tai w88 FEM model and tai w88 REM model used in panel data analysis (panel data is a combination of cross-sectional and temporal data). In tai w88 content of his research, tai w88 author has chosen multivariable linear regression as tai w88 research method.

 

3.3. Results of research

3.3.1. Analyze tai w88 results

* Conclusions from a study of tai w88 situation of SME development in tai w88 present

Ninh Thuan has put regulations in place to entice investment from tai w88 business community. As a result, 235 new firms with a combined registered capital of 7,321.7 billion VND were established in Ninh Thuan Province in 2018. This reflects an increase of 07 enterprises during tai w88 same period, but a decrease of 47.2% in registered capital. Out of all tai w88 enterprises listed above, tai w88 field of commerce and services has tai w88 most active businesses, followed by tai w88 construction industry, industry, and agro-forestry-fishery. As of December 31, 2018, there were a lot of new enterprises entering tai w88 market, especially in industries including electricity production, distribution, building and real estate, consulting services, and design. A few companies that stopped operating in 2017 have also started up again as of tai w88 beginning of this year.

Small size, corporate governance, equipment, and business capital are only a few of tai w88 distinctive long-term obstacles and limitations that SMEs in Ninh Thuan encounter and that have an impact on their growth and competitiveness. Obtaining financing is difficult because there isn't any corporate collateral. tai w88 market is not very competitive, productivity is low, and tai w88 quality of manufacturing and company operations is still subpar due to outdated machinery and technology, a lack of experienced management, and a labor scarcity. poor and inadequate abilities, especially a lack of funding for operations and production.

Even while it has improved, there are still a number of issues with tai w88 business climate. Policies and programs that advance enterprises or socioeconomic growth in general are gradual, unequal, and inconsistent.

* Factors that have a big impact on how successfully a business performance

tai w88 research's findings have been used to describe tai w88 sample of SMEs in Ninh Thuan that were surveyed. Nine out of tai w88 eleven factors affecting these two outcomes are variables, according to tai w88 findings of tai w88 study's multivariable regression analysis of tai w88 factors influencing production and business efficiency of SMEs. tai w88 following are tai w88 findings of tai w88 analysis using tai w88 linear regression model:

Table 1. A list of tai w88 factors impacting output and business effectiveness

	ROE			ROA
	Unstandardized coefficient (B)	Standardized coefficient (Beta)	Level of significance.	Unstandardized coefficient (B)	Standardized coefficient (Beta)	Level of significance
Constant	0,34979		0,000	0,30081		0,000
Business size (X1)	0,01741	0,074	0,009	0,00419	0,048	0,169
Age of manager (X2)	0,04825	0,075	0,009	0,01147	0,049	0,178
tai w88 level of education of business managers (X3)	0,01652	0,068	0,019	0,00719	0,080	0,027
Asset revolving (X4)	0,00444	0,099	0,001	0,00278	0,167	0,000
Operational capability of businesses (X5)	-0,00002	-0,107	0,000	-0,00002	-0,242	0,000
Growth rate of business revenues (X6)	-0,00014	-0,081	0,006	-0,00005	-0,080	0,029
Purchasing fixed assets (X7)	0,00863	0,832	0,000	0,00200	0,524	0,000
Cost elasticity (X8)	-0,43877	-0,295	0,000	-0,32592	-0,595	0,000
Ratio of inventory (X9)	-0,00576	-0,024	0,390	-0,00621	-0,071	0,047
tai w88 quantity of observations		145			145
R2correction		0,897			0,837
Value F in statistics		139,920			83,312
Durbin-Watson		2,019			2,059
tai w88 model's level of significance (Sig.)		.000b			.000b
Source: Taken from SPSS

Because tai w88 significance level of 0.000 in both models is so little, it is reasonable to reject tai w88 hypothesis H0, which claims that there is a linear relationship between production and business performance of SMEs (as assessed by tai w88 rate of return). When at least one of tai w88 components-for example, profit after tax on equity (ROE) or profit after tax on total assets (ROA)-is an independent variable, tai w88 linear regression model is sufficiently provided. tai w88 facts.

tai w88 adjusted coefficients of determination for tai w88 two models, R2, are rather acceptable (89.7% for ROE and 83.7% for ROA); this index represents tai w88 overall volatility of tai w88 explanation's influencing variables. ROE and ROA together account for about 83% of an organization's business efficiency. Out of tai w88 total of 09 components that are influenced by tai w88 model, it was found through tai w88 model test that one element of tai w88 inventory coefficient X9 (Inventories at tai w88 end of tai w88 year / Total assets at tai w88 end of tai w88 year) has no significant meaning. These variables are not significant for either of tai w88 indicators, ROE or ROA. For ROA and ROE, respectively, X1 (Business Size) and X2 (Age of Business Management) are statistically insignificant. tai w88 remaining variables are statistically supported with tai w88 level of significance of 10%.

Through five experiments, it was determined that tai w88 following factors influence tai w88 ROE of businesses in tai w88 province of Ninh Thuan. tai w88 coefficients of tai w88 variables in tai w88 findings on tai w88 column (Standardized regression coefficient) are statistically significant as shown in Table 2.

Table 2. Factors that affect ROE

Independent elements	Value of tai w88 normalized beta in absolute terms	Proportion of tai w88 contribution	Influence levels
			Descending
Business size (X1)	0.074	4.535	7
Age of manager (X2)	0.075	4.617	6
tai w88 level of education of business managers (X3)	0.068	4.177	8
Asset revolving (X4)	0.099	6.042	4
Operational capability of businesses (X5)	0.107	6.586	3
Growth rate of business revenues (X6)	0.081	4.952	5
Purchasing fixed assets (X7)	0.832	50.987	1
Ratio of inventory (X9)	0.295	18.104	2

Source: Taken from SPSS

In tai w88 same token, tai w88 following factors have been identified as influencing tai w88 ROA of enterprises in Ninh Thuan through five experiments:

Table 3. Extent of factors' impact on ROA

Separate components	Absolute value of tai w88 standardized beta	Contribution ratio	tai w88 order of influence
			Decrease
tai w88 level of education of business managers (X3)	0,080	4,572	5
Asset revolving (X4)	0,167	9,509	4
Operational capability of businesses (X5)	0,242	13,773	3
Growth rate of business revenues (X6)	0,080	4,523	6
Purchasing fixed assets (X7)	0,524	29,747	2
Cost elasticity (X8)	0,595	33,817	1
Ratio of inventory (X9)	0,071	4,059	7

Source: Taken from SPSS

3.3.2. Managerial implications

* tai w88 situation of SME development and solutions

Ninh Thuan is concentrating on adopting several policies and programs to assist industrial promotion activities to help establishments and businesses increase their productivity since it recognizes SME development as a key lever in supporting socio-economic development. growing consumption market and production capability. tai w88 greatest challenge currently facing SMEs is finding new sources of funding for reinvestment, as well as promoting and growing consuming markets.

To maximize investment costs, organizations must increase business efficiency in addition to design and quality. They also need to promote promotion through social networks and information channels. On tai w88 other hand, Ninh Thuan needs to implement business development policies in an efficient manner, particularly those that support initiatives that boost start-ups and tai w88 conversion of business homes into enterprises. tai w88 Young Entrepreneurs Association has effectively played tai w88 role of tai w88 link between businesses and tai w88 government, promptly reflecting tai w88 difficulties and obstacles that need to be resolved for businesses in a timely manner and directing efforts to remove them in order to create tai w88 most favorable conditions for businesses and investors. This is in addition to supporting tai w88 role of business associations.

Market research, output support, and trade promotion organization. Additionally, in order to identify and recognize high-quality products that are beneficial for use and have development potential, voting and recognition of common products are held annually to inspire and motivate businesses and establishments to take greater action in preserving and enhancing quality, brand, and competitiveness in tai w88 market.

* Solutions to production and operational efficiency issues

According to tai w88 model's study results, there are 04 influencing elements that have a significant impact on tai w88 productivity of production and business operations of firms in Ninh Thuan as measured by two indicators. Target ROE and ROA that manage costs effectively (X8), invest in fixed assets (X7), have good input management (X5), and have tai w88 capacity to ensure sales income on products and services (X4). In addition to tai w88 requirement for an open business environment, these firms must have tai w88 proper management policies and strategies if they are to increase production, increase business efficiency, and develop significantly. with challenges during each time. To do that in tai w88 present, businesses must:

* Managing costs in a business

Firstly,when implementing cost reduction, it is important to explicitly define tai w88 steps or processes that are not required. Cost management is a major priority because costs are incurred when a business is operating. Cost management will boost productivity and boost tai w88 company's earnings.

Secondly,to promote and participate in sustainable growth-oriented cost management, use goals for increasing sales and profits. Invest heavily in marketing, working with partners, and innovating management and business to meet growth targets while making significant savings on fundamental operational costs.

Thirdly, assess, investigate, and revise cost reduction targets on a regular basis to reflect current cost realities and particular company strategies. For instance, organizations must explicitly define tai w88 percentage of tai w88 profit that will be allocated before setting profit growth targets to encourage managers to reduce various costs to support growth. Profit from cost-cutting measures and tai w88 proportion that results from other business development and improvement initiatives.

* Increase capability for fixed asset investment and capital mobilization

Firstly,be proactive in your use of funding sources for commercial endeavors and in keeping with your organization's capabilities and goals. To secure long-term stability at tai w88 lowest possible cost, increase capital in a variety of appropriate and practical ways. Along with selecting a low-cost form of capital raising, creating a system of enterprise financial management procedures to assure consistency, proximity, and efficiency.

Secondly,developing business strategies that are realistic, fit for organizations, have clear objectives and roadmaps, and have a high probability of success. determining tai w88 most acceptable capital expenditure, particularly for machinery and equipment purchases for joint ventures and associations.

Thirdly, invest in tai w88 acquisition of assets, machinery, and equipment in an amount and quality adequate to meet tai w88 needs of tai w88 business and tai w88 enterprise's production strategy.

* Inventory management and control of tai w88 cost of products sold

Businesses will be somewhat better able to comprehend tai w88 state of production and company with appropriate monitoring and management of tai w88 inventory turnover index. tai w88 firm will encounter some challenges whether there is excessive or very little inventory. It is challenging to determine tai w88 ideal level of inventory. Additionally, this is based on how each enterprise's business lines and business strategy are structured. However, one of tai w88 inventory management errors is failing to determine tai w88 inventory level, thus firms must.

Firstly, in order to make adjustments and demand projections, businesses handle data on sold goods, actual inventories, etc., and watch market trends as well as production schedules. consumption going forward. Additionally, it is not easy for businesses to evaluate tai w88 value of inventory since they must consider a variety of elements, including cost price, market price, true worth of inventory, purchase fee, preservation, transportation, depreciation, etc. inventory, shortage, and inventory cost, etc.

Secondly,tai w88 input for tai w88 production of tai w88 business is tai w88 supplier partner. tai w88 ability of tai w88 partner to supply input goods, as well as their financial and manufacturing capabilities, is tai w88 following element to be taken into account.

Thirdly,businesses can calculate tai w88 appropriate inventory levels through predictive analysis of tai w88 supply and demand for commodities. tai w88 duration between placing an order and receiving tai w88 items (which must be calculated in advance in order to avoid being passive) or tai w88 demand for supply and materials are both crucial factors to consider because consumer needs frequently fluctuate. If tai w88 order is not placed at tai w88 appropriate moment, tai w88 production department may experience a shortage or surplus of raw materials as a result of changes in its needs.

* Options to improve asset turnover efficiency

Businesses generate in response to consumer demand. Currently, in tai w88 market, tai w88 competition between businesses operating in tai w88 same industry is escalating. As a result, all companies must work to boost their competitiveness, improve their quality, and reduce their prices. This can only be done when businesses integrate into tai w88 market. Enhance tai w88 technical content significantly. For items in a highly competitive market with quick technological advancements, as those in tai w88 architectural sector, this necessitates enterprises to have an investment strategy to renovate and invest in new assets in tai w88 short and long term. tai w88 efficiency of asset usage is also influenced by tai w88 loan interest rate. When interest rates vary, investments in equipment acquisitions will change because loan interest rates affect investment costs.

4. Conclusion

Through tai w88 use of tai w88 two metrics ROE and ROA, this study examines factors influencing tai w88 business performance of 145 Ninh Thuan-based SMEs. tai w88 study's findings indicate that tai w88 cost coefficient (X8), business capacity (X5), and revenue growth rate (X6) have a negative impact on an organization's ability to operate profitably and efficiently. Along with Enterprise size (X1), age of enterprise management (X2) favorably affecting ROE and HTK Coefficient (X9) adversely affecting ROA, fixed assets (X7), asset turnover ratio (X4), and corporate governance ratio of enterprise management (X3) all positively affecting ROE and ROA.

tai w88 author has put out some ideas for tai w88 growth of businesses to increase company efficiency, along with suggestions for increasing design and quality and encouraging promotion through social media and information channels. help reduce tai w88 cost of investments. On tai w88 other hand, Ninh Thuan must successfully implement policies to support business development, particularly support initiatives to encourage tai w88 establishment of new businesses and support tai w88 transformation of households into businesses. Taking prompt action to remove challenges and barriers will help to establish tai w88 best possible environment for businesses and investors. tai w88 following are some remedies for affecting factors: (1) Reducing costs in manufacturing and company operations while maintaining tai w88 desired efficiency requires each enterprise to develop cost-cutting strategies. How to effectively manage and control fees; (2) Enhance your ability to raise money and invest in fixed assets. Increase your capital in a variety of sensible and doable ways to guarantee long-term stability at tai w88 lowest possible price. Additionally, a low-cost technique of acquiring cash might be used; (3) Effectively managing tai w88 HTK turnover ratio and controlling cost of products sold would assist firms better comprehend their current financial status; (4) Ways to improve tai w88 asset usage cycle's effectiveness Businesses efficiently use tai w88 proper machinery and equipment for tai w88 relevant jobs, increasing output volume and revenue; (5) Develop an acceptable strategy and business plan based on tai w88 current scenario as one way to (a) boost revenue; (b) Increasing competitiveness from a business perspective requires bettering tai w88 standard of company organization and management, tai w88 caliber of human resources, and tai w88 caliber of products; (c) Strengthening a team of managers with a strong sense of duty, as well as those with tai w88 necessary credentials, abilities, and managerial abilities.

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Trường Đại học Nông Lâm TP. Hồ Chí Minh - Phân hiệu Ninh Thuận

TÓM TẮT:

Nghiên cứu sử dụng phương pháp phân tích hồi quy để phân tích các nhân tố ảnh hưởng đến hiệu quả kinh doanh của các doanh nghiệp vừa và nhỏ trên địa bàn tỉnh Ninh Thuận thông qua chỉ tiêu lợi nhuận sau thuế trên vốn chủ sở hữu (ROE) và chỉ tiêu lợi nhuận sau thuế trên tổng tài sản (ROA). Kết quả phân tích cho thấy, tỷ lệ tổng chi phí trên tổng doanh thu, tỷ lệ giá vốn hàng bán trên bình quân hàng tồn kho, tốc độ tăng trưởng doanh thu tác động ngược chiều đến chỉ tiêu ROE và ROA của các doanh nghiệp. Trong khi đó, tỷ lệ tài sản cố định trên tổng tài sản, tỷ lệ thu nhập ròng trên bình quân tổng tài sản, số năm đi học của chủ doanh nghiệp tác động tích cực đến ROE và ROA của các doanh nghiệp. Nghiên cứu cũng đề xuất các giải pháp tăng hiệu quả kinh doanh và các giải pháp tổng hợp nhằm tăng hiệu quả sử dụng vốn vay.

Từ khóa: hiệu quả, sản xuất - kinh doanh, doanh nghiệp nhỏ và vừa, tỉnh Ninh Thuận.

[Tạp chí Công Thương - Các kết quả nghiên cứu khoa học và ứng dụng công nghệ, Số 16 tháng 7 năm 2023]