Determinants of Financial Performance and Evaluation of Mohan Plc
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Date
2025-06-05
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A.A.U
Abstract
The financial performance of firms is influenced by a complex interplay of internal and external
factors, yet limited research examines these determinants holistically, particularly in the context
of emerging markets. This study investigates the combined effects of firm-specific, industry specific,
market, regulatory, and sustainability factors on the financial performance of Mohan
plc, an Ethiopian firm operating in a dynamic and competitive environment. Addressing critical
research gaps, this study applies a comprehensive analytical framework to explore how these
variables interact to influence financial outcomes. Using quantitative methods, the study
analyzes data from 302 respondents to identify significant predictors of financial performance.
The findings reveal that firm-specific factors, regulatory environments, industry-specific factors,
and sustainability practices significantly contribute to financial success, while market factors
show a less pronounced impact. These results align with established theories, including the
Resource-Based View and Institutional Theory, underscoring the importance of leveraging
internal strengths, adhering to regulatory standards, and integrating sustainable practices. This
research provides valuable insights for managers, policymakers, and academics seeking to
enhance financial performance in emerging markets. By bridging theoretical and practical
perspectives, the study contributes to a deeper understanding of the determinants of financial
performance in resource-constrained and evolving economic contexts.