Supply Chain Risk Management Dimensions and Business Performance: Exploring Moderating Effects of Firm’s Experience

Olawore O.P.,, Abere O.J.,, Padonu N.S.,, Lawal T.o and Akinola E.o
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Olawore O.P.,: Department of Marketing, Lagos State University of Science & Technology, Ikorodu
Abere O.J.,: Department of Actuarial Science, Lagos State University of Science & Technology, Ikorodu.
Padonu N.S.,: Department of Business Administration, Lagos State University of Science & Technology, Ikorodu.
Lawal T.o: Department of Business Administration, Yaba College of Technology, Yaba, Lagos
Akinola E.o: Department of Marketing, Yaba College of Technology, Yaba, Lagos.

Lead City Journal of the Social Sciences (LCJSS), 2025, vol. 10, issue 2, 107-124

Abstract: This study investigates the moderating effects of firms’ experience on the relationship between supply chain risk management strategy dimensions and business performance of oil and gas marketing companies in Lagos State. The study adopted a cross-sectional research design; 1,044 employees of five selected oil and gas marketing companies constituted the population of the study and a sample size of 362 was derived using Krejcie and Morgan formula. The study employed mixed sampling technique; purposive, stratified and proportionate sampling. Primary data were gathered through self-administered questionnaire and 332 copies were retrieved, representing approximately, 91.7% response rate and later used for analysis. The study employed descriptive statistics and hierarchical multiple regression analysis to derive meaning from the data. The findings showed that the relationship between supply chain risk management strategy and business performance of oil and gas marketing companies in Lagos State, is significantly moderated by firms’ experience (β = -0.134, t = -6.169, p

Keywords: Business performance; firms’ experience; Nigerian oil and gas industry; supply chain risk management (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:ris:lcjsss:021747

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