African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4122

AJBM Articles

The influence of gender diversity and company financial performance in East Africa

May 2021

The main aim of this study was to examine the influence of gender diversity on financial performance of EAC’s listed companies and to compare influence of gender diversity on company’s financial performance before and after the operationalisation of the East African Community (EAC) Common Market in 2010. The authors adopted a positivist paradigm in a quantitative analysis using non-probability sampling to...

Author(s): David Namanya, Juliet Wakaisuka- Isingoma and Johnson Atwiine

Sustainable entrepreneurship of small businesses in Uganda: A confirmatory factor analysis

May 2021

This paper examines specific constructs for sustainable entrepreneurship as perceived in the Ugandan context using confirmatory factor analysis. This study is cross-sectional. Data were collected through a face to face survey of 384 small businesses in Kampala selected through stratified and simple random sampling. Data were analyzed through exploratory factor analysis (EFA), confirmatory factor analysis (CFA) and...

Author(s): Kimuli Saadat Nakyejwe, Sendawula Kasimu and Humphrey M. Sabi

A review of the Management Science theory and its application in contemporary businesses

April 2021

The Management Science theory is one of the theories of management that attributes management effectiveness to the application of scientific methods. It goes a step beyond the famous scientific management theory by applying operations research tools and techniques to solving practical problems. Its origin can be traced to the Second World War in Britain. Its method of expressing business factors in form of variables...

Author(s): Japhet Imhanzenobe  

Tackling poverty in era of Covid-19 pandemic: The contributory pension option

April 2021

In December 2019, news broke out that a novel coronavirus has hit the city of Wuhan, China. It was reported that the SARS-CoV2 virus is responsible for the Covid-19 pandemic. The coronavirus pandemic has impacted severely on the country. As expected, the pandemic has worsened the fate of the poor and most vulnerable households in Nigeria. To cushion the impact, the federal government of Nigeria (FGN) has instituted...

Author(s): Onwuka Ifeanyi Onuka

Predicting healthcare leaders’ readiness to lead the implementation of change

March 2021

A key challenge facing healthcare leaders is how to implement changes successfully. For change to occur in healthcare, leaders must be proactive, and they must have an ability to adapt to new policies and practices. Data from 105 healthcare leaders were used to address the question of to what extent leadership style, leader efficacy, seniority, and gender predict healthcare leaders’ readiness to lead change. The...

Author(s): Parren Keith Shannon  

Economy of the motorway concessions model in Italy

March 2021

The article analyzes the management of the motorway system in Italy. It underlines the positive and critical aspects of the concession system, through the analysis of the financial statements of the main concessionary companies. From the analysis of the economic and non-financial performance, it is concluded that the current model is preferable to a totally public model, which would require significant investments. The...

Author(s): Maria Teresa Bianchi

The impact of taxation on the value of companies

March 2021

The study aims to analyze the factors that determine the financial structure of listed companies based on  the impact of taxation on the value of companies (effective tax rate, tax savings, growth opportunities, asset tangibility, company size, Return on Assets (ROA), company seniority), and the impact of indebtedness on the profitability of enterprises measured by indebtedness rate, turnover, tangibility of assets...

Author(s): Fedaa Abd Almajid SABBAR and Thamer Mahdi Muhamed SABRI  

Earnings management techniques in the context of Italian unlisted firms

February 2021

The research expands the earnings management (EM) literature for Italian unlisted firms by investigating the drivers of both accrual-based (AEM) and real activity-based (REM) earnings management. According to prior literature, the reliability of financial statements of these firms concerns mainly lenders in assessing borrower creditworthiness, and Tax Offices in calculating corporate tax. We analyse unlisted firms as...

Author(s): Gaetano Matonti, Giuseppe Iuliano, Federica Palazzi and Jon Tucker

Blue ocean strategies as panacea to sustainable performance of tea firms in Kenya

February 2021

Although tea is the leading cash crop in Kenya, the industry faces significant challenges. Although application of blue ocean strategy (BOS) could redress some of its problems, few studies have explored the question. This study investigated the relationship between BOS and sustainable performance of the Kenyan tea industry. The study applied the Four Action Framework (FAF) together with elements of Six Searching...

Author(s): Jane Chepngeno Sang and Edwin Kimitei  

Moderating effect of organization culture on the relationship between quality management system adoption and performance of public universities in Kenya

February 2021

The capacity of higher education institutions (HEIs) to serve as drivers to economic competitiveness has been negatively impacted due to the exponential growth and numerous constraints which interfere with their quality. In Kenya, HEIs, in their attempt to cater for the 28% increase in number of students, 6% government capitation cut and 14.3% of the 28 weeks, academic year time waste between 2014 and 2015, have...

Author(s): Gulali Donald Indiya, Jairo Mise, Johnmark Obura and Patrick Ojera

Efficiency wage and work effort: Case study of a Brazilian multinational company

January 2021

This research paper explores how employees of a multinational glass manufacturing company see the pay offered by the company and how it affects, directly or indirectly, their efforts to perform their duties. For this purpose, a case study was carried out in a glass manufacturing company located in the southernern region of Brazil throughout 2017. Literature review is focused on the theoretical model based on the idea...

Author(s): Marina Fritoli, Nathália Laffin, Carlos Alberto Bonacim, Luiz Eduardo Gaio and Rafael Gatsios

Credit availability for the performance of micro and small enterprises in Afar Region: Case study of three selected zones, Awssa, Kilbat and Gabii

January 2021

Micro and small enterprises (MSEs) aid the growth of national economy to assume increasing importance especially in job establishment, poverty reduction and reducing income variation. Numerous organizations have treaded in to finance their operations, resolve this problem and uphold their commercial success. This study was therefore conducted to investigate the effect of financial factors on success of MSEs business...

Author(s): Ebrahim Mohammed Ahmed

Transparency and public procurement practices in the Nigerian Civil Service

January 2021

This study examines the extent to which the level of transparency influences public procurement practices in the Nigerian Civil Service. A survey research design is adopted. The staff members of the public procurement department/unit of the different federal government ministries in Abuja made up the population of this study. The sample size consists of 352 staff members selected from different ministries where...

Author(s): Okotie Williams and Tafamel Ehiabhi Andrew

Codified knowledge, knowledge resources, design, application and implications on effectiveness in institutions of higher education in Kenya

January 2021

Effective knowledge management in institutions of higher education is critical for sustainable strategic competitive advantage. However, little information is available on how knowledge management enhances internal effectiveness in institutions of higher education.  Despite the high investment in Information Communication Technology and staff development among institutions of higher education little progress has...

Author(s): Bernard K. Nassiuma, Lianda W. Mauyo and Moses M. Beru  

Determinants of regional economic growth in Kenya

January 2021

This research empirically explores the determinants of Kenya’s regional economic growth in the 47 counties over the period 2014 to 2017. Though economic policies aimed at enhancing regional growth were implemented, the economic performance has not been satisfactory hence the study seeks to find out what determines economic performance at the sub-national level. This research is based on the reduced Solow-Swan...

Author(s): Naftaly Gisore Mose

The social side of IPOs: Twitter sentiment and investors’ attention in the IPO primary market

December 2020

Despite in recent years the impact of market sentiment on the performance of listing firms has gained increased attention from academics and professionals, a research question that remains uncovered deals with how the retail investor sentiment and attention might impact the IPO pricing in the primary market. This analysis proposes a stochastic frontier model approach on a sample of 412 US firms listed between 2010 and...

Author(s): Gian Luca Gregori, Luca Marinelli, Camilla Mazzoli and Sabrina Severini

A test of subjective security and post adoption consumption alternation related to M-payment system among expatriates in China

December 2020

China, the second-largest economy in the world, has been an eye-catching destination for several foreigners who wish to live and study there. As they are beneficiaries of the Chinese advanced digital payment system, subjective security in using the mobile payment system and the subsequent change in their consumption intention has been a behavioral concern that perplexes scholars. Using SEM, we integrated the technology...

Author(s): Mebrahtu Gebrehans, Li Chang and Dawit Teclemariam Bahta

Transformative thinking for business leaders in the 21st Century

December 2020

This paper explores how business leaders can use transformative thinking to successfully facilitate corporate transformation in the 21st Century. The author explores the principles of transformative leadership put forward by published authors alongside the challenges of ensuring a business remains sustainable in a dynamic environment. The paper lays the groundwork for empirical research on transformative thinking and...

Author(s): Allan Doyle Mududa Bukusi

Effect of human capital accounting on earning per share of equity owners of deposit money banks in Nigeria

November 2020

The study examined the effect of human capital accounting on Earning per Share (EPS) of deposit money banks in Nigeria. Secondary data were collated from annual reports of the sixteen deposit money banks listed on the Nigerian Stock Exchange between 2006 and 2017. The study employed static panel data of fixed and random effect to explore the relationship between human capital accounting and EPS of deposit money banks in...

Author(s): OLAOYE Clement Olatunji and AFOLALU Anthony Buyide  

Sunday consumer behavior: A case study in retail marketing

November 2020

The Sunday opening of shops is a very debated topic on both international and national levels. On a European level, the regulation of Sunday work is varied, with most Member States that, like Italy, do not impose restrictions on openings and working hours. The present work aims to analyze the European reference framework of Sunday openings, focusing on the Italian situation, which is currently experiencing proposals for...

Author(s): Pierluigi Passaro, Paola Perchinunno and Dario Schirone

Health service in Brazilian private and public hospitals: Budgetary participation, feedback and performance from clinical managers’ perception

November 2020

Budgetary control is pointed as a managerial mechanism suitable for cost reduction and control as well as performance evaluation of institutions. In health organizations, budget is used for funds allocation, coordination, control and communication of the institutions’ strategies.  In this context, the research will observe the phenomenon of budgetary process from the perspective of Health Service managers of...

Author(s): Gisele Cristina dos Santos, Carlos Alberto Grespan Bonacim and Luiz Eduardo Gaio

The effects of organizational learning on the security of banking’s information system in Indonesia

November 2020

Organizational learning improves the security of information system. This study aimed to test and prove whether organizational learning had an effect on the security of information system. Data was gathered through survey, by administering questionnaires to public banks in Indonesia, and was tested using SEMPLS. This study employed explanatory research methodology. The findings showed that insecure information system...

Author(s): Said Herry Safrizal and Marjulin

Supplier selection in global uncertainty: Using a case study approach to identify key criteria required for building resilience in the supply chain

November 2020

The rise in disruptions to supply chain is a major concern to most organizations. Supply chain managers need an innovative framework to respond to them. This research considers the supplier selection stage a strategic point to act. With careful selection, resilience is built in their operations. However, the challenge becomes what criterial factors to consider in the selection process, especially with global...

Author(s): Maleghemi Olusegun C.  

The impact of financial difficulties on earnings management strategies: The case of Italian non-listed firms

November 2020

This study investigates the impact of the degree of financial distress on the earnings management activities of Italian non-listed firms using a linear regression model proxied by the Altman Z-Score which controls the heteroscedasticity and autocorrelation using the Petersen method. The extant literature provides mixed evidence on this relationship for listed firms. In this study we find a positive (negative)...

Author(s): Gaetano Matonti, Aurelio Tommasetti, Carlo Torre and Jon Tucker

Does gender diversity matter for risk-taking? Evidence from Italian financial institutions

October 2020

The aim of this study is to investigate the relationship between gender diversity and the risk profile of Italian financial institutions during the period 2013 to 2019. The paper examines whether the presence of top executives has any significant effect on corporate risk-taking. A sample of 160 Italian financial institutions was analyzed and a multivariate regression model was developed considering five risk dimensions...

Author(s): Elisa Menicucci and Guido Paolucci  

Social responsibility practices of leading firms in an industry: Driver for corporate citizenship in Kenya

October 2020

The study examines the relationship between the Corporate Citizenship (CC) practices of leading firms in their industries and their level of advancement in CC. The study took a conceptual approach and used two cases not as empirical evidence but for illustration purposes. The main hypothesis was that CC practices of leading firms find expression from the fact that these firms tend to play two significant roles. First,...

Author(s): Fredrick Onyango Ogola  

Sovereign debt crisis and capital structure decisions of firms in GIPSI countries

October 2020

This quantitative study examines the reasons for changes in the leverage levels of the firms in GIPSI countries (Greece, Ireland, Portugal, Spain, and Italy), following the development of the sovereign debt crisis that began in 2009. This research belongs to the empirical literature studying the effects on firm leverage of reduced bank credit supply caused by that crisis. For all the sample firms and for each firm...

Author(s): Oscar Domenichelli  

The rules of business transformation

October 2020

Business transformation initiatives update a company’s production methods and aim to ensure it operates more efficiently. However, the author suggests that a reactive, piece meal approach to needed change relegates a company to lagging behind its market and stagnates its growth. A proactive, holistic approach to business transformation ensures that a company is attuned to its evolving market environment. It...

Author(s): Allan D. M. Bukusi  

How empathy, social contracts and deep conversations are helping companies in Kenya overcome the disruptive impact of the COVID-19 pandemic

October 2020

The impact of the COVID-19 pandemic has disrupted market trading activity around the world. The pandemic has disabled supply chains and forced businesses to look for pragmatic ways to keep their doors open. Companies have suspended business commitments citing the force majeure clause. The resulting tension in companies is a hotbed for rising confusion and turmoil. With businesses facing imminent closure and potentially...

Author(s): Allan D. M. Bukusi  

Manifestation of emotional intelligence and Transformational leadership in virtual teams: Case study of Nairobi technology hub

September 2020

The dynamic nature of business and organizational operations in the 21st century as being influenced by tough economic times, globalization and need for higher effectiveness is forcing leaders to adopt more relevant approaches to management. One such adaptation is the use of virtual teams for international organization that have globally distributed offices and functions. This study provides insights into the role of...

Author(s): Lucas Ngigi Mburu  

Is a woman’s name worthless? An experiment related to the gender wage gap

September 2020

On average, women earn less than men. This is evident in countries with the largest economies of the world. The purpose of this research is to discover whether a woman’s name rather than that of a man contributes to this difference. In an experiment involving 281 employees from several companies, participants were asked to pretend that they were human resource managers. They were required to offer a salary to a...

Author(s): Thorlakur Karlsson, Margret Jonsdottir Njardvik and Holmfridur Vilhjalmsdottir  

Social media, business capabilities and performance: A review of literature

September 2020

Information communication technology has plenty of benefits to society. Social media being the product of information technology have become an essential tool for marketers at a very minimum investment. Social media have a positive impact on companies as well as customers. In today’s circumstances, customers judge companies based on their online presence, hence they can innovate and simultaneously create a strong...

Author(s): Mohammedhussen Mama Irbo and Abdulnasir Abdulmelike Mohammed  

Co-operative and saving societies (SACCOS) and poverty reduction in Lango and Kigezi sub-regions of Uganda: A comparative empirical study

September 2020

The paper examines the contributions of co-operative and saving societies in poverty reduction in Lango and Kigezi sub-region. The study adopted a comparative and cross-sectional survey design where bivariate and multivariate data analyses were used to analyze the data. Specifically, correlation and regression analysis were done to determine the relationship between financial contribution by savings and credit...

Author(s): Marus Eton, Benon C. Basheka and Fabian Mwosi  

The impact of leadership styles on employee commitment in Madda Walabu University

September 2020

Effective leaders are able to contribute directly by enabling competent and committed employees through encouraging them to perform well. Studies in the area of organizational behavior literatures have indicated that among the major factors affecting organizational success and failure are leadership styles and employee commitment. The aim of this paper was to examine the impact of leadership styles on academic...

Author(s): Tafesse Akinida Biza and Mohammedhussen Mama Irbo

Social and environmental practices in the carboniferous industry: An analysis of the perceptions of agents impacted from the perspective of social capital

August 2020

In the Brazilian contemporaneous context, there is evidence of society's demands for companies to carry out their activities in a responsible manner in the social and environmental spheres. In the coal mining industry, the debate is even more eminent because of the significant environmental impacts generated by the mining activity. The present study aims to analyze the determinants of socio-environmental practices...

Author(s): Eduardo Netto Zanette and Silvio Parodi Oliveira Camilo

Environmental reporting, accountability and governance of local governments: An Italian multiple case study

August 2020

This article aims to investigate the complex interrelationship existing between reporting, accountability and governance of municipalities. More in detail, the paper attempts to identify the internal and external conditions inducing municipalities to keep environmental reports (Research Question 1) and to assess the impact of environmental reporting on the accountability of the municipalities’ governance (Research...

Author(s): Aurelio Tommasetti, Luca Del Bene, Gennaro Maione and Giulia Leoni  

Using big data in telecommunication companies: A case study

July 2020

The study was aimed at examining big data management in three telecommunication companies. The case of Big Data management was studied using a qualitative research approach with the primary method of open-ended interview. Websites and documents were examined for developing company profile. Observations augmented data collection from other sources. Companies have widespread operations with substantial stakes. Big Data...

Author(s): Sajjad Rehman and  Dhary Al-Raqom  

Enterprise zones in Sub-Saharan Africa: Evolution, rationalization, processes evaluation and outcomes

July 2020

The history and development of Enterprise Zones, as both a deliberate government policy of integrating the economies of Sub-Saharan African into the global stream and as a trade policy instrument of re-adjustments and limited resource acquisition option, have different and varied intendments for the countries that implemented them. However, what seems evident from their current, and rather rapid proliferation, is that...

Author(s): Darlington Richards, Fikremariam Boghossian, Dennis Agboh and Gladson Nwanna

Entrepreneurship in crisis situations: Determinants of entrepreneurial intentions among University Students in Yemen

July 2020

The aim of this study was to examine the entrepreneurial intentions of university students at two major universities in Yemen. The entrepreneurial intentions of students were determined using demographic, personality, environmental and situational variables. The primary data were collected through a questionnaire survey method. A total of 487 students have been included from different programs such as economics,...

Author(s): AL-Qadasi Nabil and Gongyi Zhang  

African-ingredient branding as a marketing strategy: Examining the evaluations of export-market consumers

June 2020

Previous research demonstrated that the marketing strategy of ingredient branding can enhance brand value, whilst enlarging outcomes for the value chain. Although, African-ingredient branding—using commodities produced/grown in Africa as a product attribute—has been considered theoretically, it has never been explored experimentally. It is therefore unclear whether this particular marketing strategy could...

Author(s): Caspar Krampe, Hannah van Lith, Mavis Gobiye and Paul T. M. Ingenbleek  

Artification as a driver of public value co-creation: Evidence from the photographic exhibition on Italian Ghost hotel

June 2020

This study attempts to enlarge knowledge on public value co-creation within a complex environment such as artification. The transfiguration of object that is not regarded as art in the traditional sense into something art-like underpins the development of processes suitable for analyses within the co-creation framework. The case of “EXIT”, the photographic exhibition on Ghost hotel in the province of Pavia...

Author(s): Michela Magliacani  

The effect of entrepreneurial orientation on firms’ performance of the telecommunication sector in Sudan

May 2020

The purpose of this research is to investigate the effect of entrepreneurial orientation (EO) on firms’ performance in the telecommunication sector in Sudan. The EO is reflected in innovativeness, pro-activeness, risk-taking, competitive aggressiveness and autonomy which have been treated as a one-dimensional construct. Firms’ performance has been measured by financial and non-financial indicators in a...

Author(s): Abdelgadir M. A. Abdalla and Sara M. A. Mohamed  

Loans and growth of small-scale enterprises in Uganda: A case study of Kampala Central business area

May 2020

The study examines the impact of financial loans on growth of small-scale enterprises (SSEs) in Uganda. The contribution of SSEs in promoting economic growth and development is widely documented. Access to credit finance guarantees financial liquidity and sustainability of SSEs hence enhancing their profitability and growth. A cross-sectional research design was adopted using a quantitative approach, targeting managers...

Author(s): Eric Nzibonera and Ivan Waggumbulizi  

The effect of workplace incivility on organizational outcome (mediating role of psychological capital)

April 2020

The major purpose of this study was to assess the impact of workplace incivility on organizational outcomes as well as the mediating effect of psychological capital on this process particularly in academic organization in Fiji. To accomplish this purpose, personal distribution of 250 questionnaires was given to the teachers. The final response rate from employees was 90% (225/250). The result shows that workplace...

Author(s): Xu Shi Guo and Shalendra Satish Kumar  

Doing well by doing well? Evidence from manufacturing sector of Pakistan

April 2020

According to the value enhancement and agency cost theory, corporate voluntarily contribution has a positive or negative impact on the overall performance of a firm. In contrast to these theories sometimes corporate giving has no impact on the firm’s performance. This article will provide insight on the impact of corporate giving on Pakistan’s publically traded manufacturing companies. This article also...

Author(s): Asma Khan, GaryKayakachoian and Khadija Hassan  

The efficiency implications of corporate earnings retentions

April 2020

The study examines the efficiency of the investment of corporate income retention. If retained earnings are invested in positive net present value projects, they should enhance the shareholder value in the long run. It is believed that the stock market adds premium to a firm’s earnings when the firm signals more retention of earnings. However, the stock market is seen to reverse the discipline when such retained...

Author(s): Ravi Thirumalaisamy  

Audit quality in non-listed Italian firms

April 2020

This study investigates the audit quality of Big-x auditing companies within the context of the Italian non-listed firms by examining (i) auditing ability to restrict accrual-based earnings management and (ii) the level of auditing independence. The Italian non-listed firms provide a unique set of auditing environment with multiple layers of audit quality compared to other European auditing environments. Accounting...

Author(s): Matonti Gaetano, Giuseppe Iuliano and Orestes Vlismas

Factors affecting women entrepreneurs in establishing their own business: The case of Afar Region, Ethiopia

March 2020

Women’s productive activities, particularly in industry, empower them economically and enable them to contribute more to overall development. Whether they are involved in small or medium-scale production activities, or the informal or formal sectors, women’s entrepreneurial activities  are not only a means for economic survival but also have positive social repercussions for the  women themselves...

Author(s): Demssie Amsalu Tadesse  

Technology and government regulation: A conceptual perspective of entrepreneurial orientation on creditworthiness of micro-enterprises

March 2020

Owing to globalization, enterprises continue to face increasing pressure from competition across the globe. When compounded with the changing needs of customers, complex business uncertainty and market instability, it becomes apparent that enterprises face increasing challenges in improving and maintaining business performance over time unless they actively manage these pressures. Entrepreneurs need to embrace an...

Author(s): Lydiah N. Zachary, Bitange Ndemo and Kennedy O. Ogollah

How universities fill the talent gap: The data scientist in the Italian case

February 2020

This research paper explores Italian study programs in data science in order to verify if knowledge and skills developed during the universities’ path are fit with data scientist job demand. The issue is introduced considering the companies’ growing need to derive insights from data, and consequently, to search for a staff with analytical expertise, the so-called data scientists quite rare. Literature review...

Author(s): Maddalena Della Volpe and Francesca Esposito  

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