ENTREPRENEURIAL ORIENTATION AND BALANCED SCORECARD PERFORMANCE PERSPECTIVES: A STUDY OF SMALL-SCALE FURNITURE PRODUCING FIRMS IN LAGOS STATE, NIGERIA

ENTERPRENEURIAL
ORIENTATION AND BALANCED
SCORECARD PERFORMANCE
PERSPECTIVES: A STUDY OF
SMALL-SCALE FURNITURE
PRODUCING FIRMS IN LAGOS
STATE, NIGERIA
Chinazor Franca, Obi
Federal University Ndufu-Alike Ikwo,
Ebonyi State, Nigeria.
ladyfranca8@gmail.com
ABSTRACT
The study seeks to establish the extent of
Entrepreneurial Orientation (EO) relates to
the different performance perspectives of
the balanced scorecard (BSC). A sample of
400 was selected from the population of
1105 registered small-scale furniture
producing firms (SSFPF) in the twenty (20)
Local Government Areas of Lagos State.
The study employed correlation design and
primary data was collected through an
adapted questionnaire. The findings from
the fittings of the Ordinal Log Linear-By-
Linear Association Model used to test the
four formulated hypotheses showed that EO
related positively with the different
dimensions
of
balanced
scorecard
performance perspectives. The finding
supports other previous findings on the
existence of a significant positive
relationship between EO and firm
performance. The study, therefore, suggests
that organizational management and
policymakers
should
encourage
entrepreneurial orientation as this will
improve firms' different performance
perspectives which would contribute to the
overall performance of firms.
Keywords: entrepreneurial orientation;
financial
performance;
customer
performance;
internal
business
performance; learning and growth
performance

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