The impact of economic reform on business performance: A study of foreign and domestic firms in Ghana

International Business Review

Volumn 8, Issue 4, 1999, Pages 463-486

  Appiah Adu, Kwaku ^a  

^a UNIVERSITY OF PORTSMOUTH   (United Kingdom)

Author keywords

Business strategy; Developing economies; Economic reform; Foreign and domestic firms; Ghana; Performance; Structural adjustment policies

Indexed keywords

EID: 0008215481     PISSN: 09695931     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0969-5931(99)00017-7     Document Type: Article

References (54)

1. Agodo O. The Department of US private manufacturing investments in Africa. Journal of International Business Studies. 9:1978;95-107.
2. Akaah I., Riordan E. Applicability of marketing know how in the Third World. International Business Review. 5:1988;41-55.
3. Appiah-Adu K. Marketing in emerging countries: evidence from a liberalized economy. Marketing Intelligence and Planning. 15:1997;291-298.
4. Appiah-Adu K., Blankson C. Business strategy, organizational culture and market orientation. Thunderbird International Business Review. 40:1998;235-256.
5. Armstrong S., Overton T. Estimating non-response in mailed surveys. Journal of Marketing. 14:1977;396-402.
6. Awuah G. Promoting infant industries in less developed countries (LDCs): a network approach to analyze the impact of the exchange relationships between multinational companies and their indigenous suppliers. International Business Review. 6:1997;71-88.
7. Bartlett B. Capitalism in Africa: a survey. Journal of Developing Areas. 34:1990;327-349.
8. Botchie G. Structural adjustment policies, the environment and sustainable development in Ghana. Journal of Management Studies. 13:1997;1-15.
9. Burke M. Strategic choice and marketing managers: an examination of business level marketing objectives. Journal of Marketing Research. 15:1984;345-359.
10. Chidomere R. Environmental factors and distribution of household appliances in Nigeria. International Marketing Review. 3:1984;44-50.
11. Collins J. A market performance comparison of US firms active in domestic, developed and developing countries. Journal of International Business Studies. 23:1990;271-288.
12. Dadzie K., Akaah I., Riordan E. Incidence of market typologies and pattern of marketing activity performance in selected African countries. Journal of Global Marketing. 1:1988;87-107.
13. de la Torre J. Foreign investment and economic development: conflict and negotiation. Journal of International Business Studies. 12:1981;9-32.
14. Douglas S., Craig C. Examining performance of US multinationals in foreign markets. Journal of International Business Studies. 16:1983;51-63.
15. Einhorn H., Hogarth R. Behavioral decision theory: processes of judgement and choice. Annual Review of Psychology. 32:1981;53-88.
16. The Economist (1998). Ghana: as good as it gets? 3 October, 93.
17. Ghana Budget (1998). Ministry of Finance, Accra, Ghana.
18. Ghana Business Directory (1996). L'Indicateur Fit Ghana Ltd (5th ed.). Accra.
19. Ghana Government Economic Recovery Program. (1984-86). Accra: Ghana Publishing Corporation.
20. Golden P., Doney P., Johnson D., Smith J. The dynamics of a marketing orientation in transition economies: a study of Russian firms. Journal of International Marketing. 3:1995;29-49.
21. Green R., Smith C. Multinational profitability as a function of political instability. Management International Review. 12:1972;23-29.
22. Gulhati R. Who makes economic policy in Africa and how? World Development. 18:1990;1147-1161.
23. Harrell G., Keifer R. Multinational strategic market portfolio. MSU Business Topics. 29:1981;5-15.
24. Hawkins, T. (1989). Ghana: star pupil comes of age. Financial Times, 11 July, 35.
25. Hooley G. Raising the iron curtain: marketing in a transition period. European Journal of Marketing. 27:1993;6-20.
26. IMF Survey. (1989). Countries adopting reforms. 18(6), 93.
27. IMF Survey. (1993). Questions asked about IMF-supported African adjustment programs (Vol. 22), 342.
28. Internal Revenue Listing. (1995). Ghana's top 200 firms. Accra: IRS Publishing.
29. ISSER Report. (1991). State of the Ghanaian economy. Legon: University of Ghana Press.
30. Killick, T., Bird, G., Sharpley, J., & Sutton, M. (1984). The IMF case for a change in emphasis. In R. Feinberg & V. Kallab, Adjustment crisis in the third world. New Brunswick: Transaction Books.
31. Kinsey, J. (1988). Marketing in developing countries. London: Macmillan.
32. Kolde, E. (1982). Environment of international business. Boston, MA: Kent Publishing.
33. Kotler, P. (1997). Marketing management: analysis, planning, implementation and control (9th ed.). Upper Saddle River, NJ: Prentice Hall.
34. Lever, H., & Huhme, C. (1986). Debt and danger: the world financial crisis. New York: The Atlantic Monthly Press.
35. Liedholm, C., & Mead, M. (1987). Small scale industries in developing countries: empirical evidence and policy implications. International Development Paper 9, Department of Agricultural Economics, Michigan State University, East Lansing.
36. Little, I., Scitovsky, T., & Scott, M. (1970). Industry and trade in some developing countries. Oxford: Oxford University Press.
37. Lusch R., Laczniak G. Macroenvironmental forces, marketing strategy and business performance: a futures research approach. Journal of the Academy of Marketing Science. 17:1989;283-295.
38. Muuka, G. (1997a). A response to Sam Okoroafo's paper - "Managerial perceptions of the impact of economic reform measures on the economic environment reforms and firm performance in restructuring economies: a comparative assessment". Journal of Business in Developing Nations (online: http://internet.ggu.edu/jbdnv102.htm).
39. Muuka G. Wrong-footing MNCs and local manufacturing: Zambia's 1992-1994 structural adjustment program. International Business Review. 6:1997;667-687.
40. Okoroafo S., Kotabe L. The IMF's structural adjustment program and its impact on firm performance: a case of foreign and domestic firms in Nigeria. Management International Review. 33:1993;139-156.
41. Okoroafo S., Russow L. Impact of marketing strategy on performance: empirical evidence from a liberalized developing country. International Marketing Review. 10:1993;4-18.
42. Okoroafo S., Torkornoo H. Marketing decisions and performance in economic reform African countries. Journal of Global Marketing. 8:1995;85-102.
43. Okoroafo, S. (1997). Managerial perceptions of the impact of economic reform measures on the economic environment reforms and firm performance in restructuring economies: a comparative assessment. Journal of Business in Developing Nations (online: http://internet.ggu.edu/ jbdnv101.htm).
44. Osunsade, F. (1993). IMF support for African adjustment programs. International Monetary Fund, Washington, DC, September.
45. Root F., Ahmed A. The influence of policy instruments on manufacturing direct foreign investment in developing countries. Journal of International Business Studies. 9:1978;81-94.
46. Sadri S., Williamson C. Management and industrial relations strategies of multinational corporations in developing countries. Journal of Business Research. 18:1989;179-193.
47. Samli A., Kaynak E. Marketing practices in less developed countries. Journal of Business Research. 12:1984;5-18.
48. Shafaeddin, S. (1990). Trade policies and economic performance of developing countries in the 1980s. In R. Pendergast & H. Singer, Development perspective for the 1990s. London: Macmillan.
49. Shafaeddin S. The impact of trade liberalization on export and GDP growth in least developed countries. United Nations Conference on Trade and Development Bulletin. 27 28:1994;7-8.
50. Shihata I. Bringing MIGA to birth. Euromoney. Nov. 1985;14-15.
51. Steel W., Webster L. How small enterprises in Ghana have responded to adjustment. The World Bank Economic Review. 6:1992;423-438.
52. Thorelli, H. (1977). Strategy+structure=performance. Bloomington, IN: Indiana University Press.
53. USA and Ghana Magazine (1996/97). Special edition for promotion of investment and business. Ghana and the UK: AIMEX Media Limited.
54. West Africa Magazine (1995). Britain and Ghana, 22-29 May, 788-802.