An Empirical Investigation of Value-Chain Analysis and Competitive Advantage in the Nigerian Manufacturing Industry

This research work was designed to examine the impact of the Value-ChainAnalysis on Competitive Advantage of manufacturing firms in Nigeria. Toachieve this purpose, hypothesis was formulated and a review of relatedliterature was made. The population of this study consists of thosemanufacturing companies quoted in the Nigerian Stock Exchange Factbookof 2009. A total of One hundred (100) of such companies was identified. Thedata for this study were collected through the secondary sources such as thecompanies’ Annual Reports of various years and CBN Statistical Bulletin of2009. The hypothesis stated in this study was statistically tested with theMultiple Regression Analysis. Our findings revealed that the Value-ChainAnalysis has a positive but insignificant impact on Competitive Advantage ofa manufacturing firm in Nigeria. Based on the above, it was recommendedthat –manufacturing firms in Nigeria should welcome a change from the Functional-Based Costing to an Activity-Based Costing for the effectiveValue-Chain Analysis and accountants in Nigerian manufacturing firmsshould be adequately equipped through seminars, workshops andconferences for the transformation of Value-Chain Analysis to strive