Sustainability Practices and Financial Performance of Coffee Producers in Nueva Vizcaya

Zyreen Camill T Madriaga, Jerry G. Felix, Ronaline B. Liasos, Mae Angela M. Acar, Kenneth Paolo B. Agacer and Sheryl A. Adducul
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Zyreen Camill T Madriaga: Saint Mary’s University, Bayombong, Nueva Vizcaya
Jerry G. Felix: Saint Mary’s University, Bayombong, Nueva Vizcaya
Ronaline B. Liasos: Saint Mary’s University, Bayombong, Nueva Vizcaya
Mae Angela M. Acar: Saint Mary’s University, Bayombong, Nueva Vizcaya
Kenneth Paolo B. Agacer: Saint Mary’s University, Bayombong, Nueva Vizcaya
Sheryl A. Adducul: Saint Mary’s University, Bayombong, Nueva Vizcaya

International Journal of Research and Innovation in Social Science, 2024, vol. 8, issue 2, 2363-2388

Abstract: Coffee is one of the largest traded agricultural commodities in the world. Its production is an important component of the overall economy and is essential to the livelihoods of rural households in the developing countries. This study aimed to determine the extent of sustainability practices and financial performance of seven coffee producers from Nueva Vizcaya in different municipalities. The proponents used a structured questionnaire in gathering the data using descriptive correlational and financial performance analysis. The data was analyzed using the following statistical tools: Mean, Standard Deviation, Financial Profitability Ratio, Spearman Rho, and Thematic Analysis using IBM SPSS version 25. Findings reveal that, coffee producers are generally implementing sustainable practices in their operations, and they are achieving good financial performance, as evidenced by their average ROA, ROE, and ROS ratios. These shows a commendable balance between profitability and sustainability efforts. However, it is also revealed that there is no significant relationship between the variables, and a weak negative correlation between them is discovered. Moreover, most of the respondents are confident in their ability to ensure long-term sustainability as they continuously seek for growth and improvement in their efficiency and profitability. For further findings, the researchers recommend that coffee producers continue to implement sustainability practices, and for future researchers to include liquidity and solvency ratios to provide a more comprehensive assessment of financial health.

Date: 2024
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