Financial management and financial performance among vegetable & agri-products in Panabo City Public Market

Abstract

This study aimed to determine the significant relationship between financial management and financial performance among vegetable and agri-products in Panabo City Public Market. The respondents of this research were 52 vegetable and agri-product business owners. The researchers used a random sampling technique to gather the data. The study employed a quantitative non-experimental and correlational method. Mean and Pearson-r were used to analyze the effectiveness of financial management and financial performance among vegetable and agri-products in Panabo City Public Market. The study revealed that the financial performance among vegetable and agri-products in Panabo City Public Market in terms of financial management garnered a very high result in terms of capital structure management and working capital management constituting a 4.38 overall mean. The level of financial performance among vegetable and agri-products in Panabo City Public Market, is very high and yielded an overall mean of 4.42. Furthermore, it reveals that there is a significant relationship between financial management and financial performance. The results showed a p-value of 0.000, which is less than 0.05 level of significance, indicating that the null hypothesis is rejected.