Unravelling the Nexus Between Export Performance and Business Performance

Abstract

Exporting enterprises representing countries in global competition constitute a valuable research area and create the opportunity to conduct research on them. Exporting enterprises have a crucial place in the welfare of developing countries, especially with the foreign exchange revenues they will bring. Therefore, many different aspects of exporting enterprises need to be examined both from a business and scientific point of view. This study aimed to comprehend the mutual relationship between business performance and export performance among 192 exporters in Turkiye. In the study, data were collected through scales for export performance and business performance of enterprises, and performance outputs were revealed as a result of factor analysis. Afterwards, it was examined whether there is a significant difference in the export performance of companies with high and low business performance and whether there is a significant difference in the business performance of companies with high and low export performance. Achieved t-test findings, show that significant differences existed in both the export performance of companies with high business performance and the business performance of companies with high export performance. These findings of the study indicate that exporting companies' financial business opportunities may have an impact on export performance, and similarly, companies with good export performance can also achieve a strong financial output. In this context, it has been suggested that businesses should focus on performance outputs with a two-way perspective and that exporting businesses should not only focus on exports.