EXAMINATION OF THE EFFECT OF LOGISTICS FUNCTIONS ON FINANCIAL PERFORMANCE OF ORGANIZATION

Boye AYANTOYINBO; Adeolu GBADEGESIN

doi:10.29121/ijetmr.v8.i3.2021.875

Authors

Ayantoyinbo Boye Benedict Department of Transport Management, LadokeAkintola University, Ogbomoso, P.M.B 4000 Osun State, Nigeria
Gbadegesin Adeolu Emmanuel Department of Transport Management, LadokeAkintola University, Ogbomoso, P.M.B 4000 Osun State, Nigeria

DOI:

https://doi.org/10.29121/ijetmr.v8.i3.2021.875

Keywords:

Outbound Logistics Function, Logistic Function, Performance, Manufacturing Industries, Consumer Goods, Financial Performance

Abstract

The contributions of logistics functions to the performance of an organization have been the subject of research over the years. Thus, this present study further examined the effect of outbound logistics functions on financial performance of quoted manufacturing companies in Nigeria. Panel data regression analysis was employed to test the effect of logistics functions on financial performance of the selected companies over a period of five years (2015-2019). Logistic functions costs and financial performance indicators were extracted from secondary data. The findings of the study showed that logistics function has a positive and significant effect on financial performance of manufacturing companies in Nigeria. Therefore, the companies are implored to pay more attention to logistics functions when aiming at a better financial performance.

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