Profitability determinants of abattoir business in an emerging economy
by Charles Adusei; Dadson Awunyo-Vitor
International Journal of Accounting and Finance (IJAF), Vol. 7, No. 4, 2017

Abstract: This study investigates the determinants of profitability of abattoir business in an emerging economy with a particular reference to Ghana. Data for the study comprises both primary and secondary data. Primary data was collected via structured questionnaire from the management staff of an abattoir company who were purposively sampled. Secondary data was sourced from annual reports of the company for the period 2003-2014. The enterprise budget method was used to measure the profitability of the company over the period. Multiple regression models were used to identify factors influencing profitability of the company. The result showed positive correlation between operation profit/loss and cleaning and sanitation, salaries and wages, SSNIT contribution, depression expenses, and protective clothing. The results also identified low slaughter fees, increase in utility and import bills as major challenges that face the company. The study suggests that the company must diversify their business activities and lease some of the noncurrent assets to increased net income and profitability.

Online publication date: Mon, 22-Jan-2018

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