African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4110

AJBM Articles

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

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

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

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

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

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

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  

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

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  

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  

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  

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  

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  

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

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  

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  

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

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  

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  

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  

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  

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  

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 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  

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

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  

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  

Research on risk early-warning system of transitional operation of Africa-related enterprises

February 2020

The growing business prosperity in African countries has brought new opportunities for enterprises to carry out transnational operation in Africa; however, it may also be accompanied by some transnational operation risks. Enterprises incorrectly identify and analyze these risks, which brings enterprises great uncertainty and huge losses. So enterprises should establish a transnational operation risk management system as...

Author(s): Jieyi Li, Xiaoxiao Wan and Bibo Lai  

How crowdfunding makes museum value relevant: An Italian university museum experience

February 2020

This study has attempted to enlarge the debate on museums relevant function, in connection to their mission to contribute to the development of the civic society. The research idea has stemmed from the issue of museum accessibility, through measured observation of a co-creation project carried out by a University Museum of Lombardy (Italy) through a crowdfunding campaign. The research has aimed at exploring the many...

Author(s): Michela Magliacani  

Elucidative motives of social and environmental reporting in Ethiopian companies

January 2020

Stakeholders’ conscious follow-up on companies’ operation pressured business organizations to be responsible for the society and environment. Companies social and environmental reporting is essential to ease this pressure. Despite its importance, there is no clear consensus on the motivation of companies for their reporting. Therefore, the aim of this study was to examine the motivational factors influencing...

Author(s): Kasu Birbirsa Baje, Kirubel Asgedew Yemenu and Sitina Akmel Surur  

Did index trader and swap dealer activity produce a bubble in the agricultural commodity market?

January 2020

This paper investigates the role of speculative activity in the agricultural commodity futures market in the period 2006-2017. Specifically, the study tests the causal relationship between the prices of fourteen agricultural commodities listed on the US commodity market Chicago Mercantile Exchange (CME) and Chicago Board of Trade (CBT) and the trading activity of commodity index traders (CITs) and swap dealers. The...

Author(s): Maria Gaia Soana, Giovanni Verga and Mattia Volpi

Leader–member exchange, organizational citizenship behaviours and performance of Ghanaian Technical University Lecturers

January 2020

This study investigates the mediating role of organizational citizenship behaviours (OCBs) on the leader-member exchange (LMX) and employee performance relation and the degree to which work experience moderates the relation between leader-member exchange and OCBs. Lecturers from six technical universities in Ghana, making up three hundred and thirty-six lecturers, were selected using convenience sampling. The...

Author(s): Eli Ayawo Atatsi, Petru Lucian Curşeu, Jol Stoffers, and Ad Kil

Determinants of business companies’ economic performance in Burkina Faso

January 2020

This study examines the determinants of entreprises economic performance in trade, industry and services sectors in Burkina Faso. Based on data from a sample of 179 companies of 2013 financial statements, various analyzes highlight effects of economic, financial, environmental and managements variables on company performance. The results of econometric estimations using the logit model show the...

Author(s): Zakaya Ramde

Understanding internal control environment in view of curbing fraud in public healthcare unit

December 2019

This study extends on the phenomena of control environment of Intensive Care Unit (ICU) in Brazil through narratives of physicians, nurses and auditors and also analyzes the results with interpretative discourse analysis.  The structuration theory based on Giddens and discourse analysis toeing Laclau and Laclau and Mouffe  were also used to reflexively discuss the data constructed.  Based on...

Author(s): Joshua Onome Imoniana and Washington Lopes da Silva

The role of market learning in the market integration of African smallholders

December 2019

The integration of smallholders with the market is essential to provide enough food for the growing populations in most African countries. The existing literature emphasizes in that respect the role of transaction costs. This paper offers a complementary view, namely individual-level market learning, which is conceptually integrated in the existing market integration framework. The paper demonstrates that market...

Author(s): Souleimane A. Adekambi, Paul T.M. Ingenbleek and Hans C.M. van Trijp

Gender as a moderator between entrepreneurship intention and its predictors among university graduates in Nigeria and India

December 2019

The main emphasis of this study is to examine the role of gender as a moderator between entrepreneurship intention and its predictors among university graduates in Nigeria and India. The data were gathered from 130 postgraduate students from two universities in Abuja and a southern region of India. A structured questionnaire was administered on-line via Google document. Confirmatory Factor Analysis of Structural...

Author(s): Pauline E. Onyeukwu and T. Padmavathi

Procurement performance and profitability in foam mattress firms in Uganda

December 2019

The purpose of this study was to examine the effect of procurement performance on the profitability of Foam Mattress Firms in Uganda. Cross-sectional research design was used to execute the study.  Stratified and simple random sampling techniques were employed to draw a sample size of 40 Departments whose inventory, supply chain, production, marketing, internal audit and accounting department formed the unit of...

Author(s): Kalenzi Abbey and Gordon Otieno Ong’unya  

Corporate governance and risk disclosures: An empirical study of listed companies in Kenya

November 2019

This paper examines the relationships between corporate governance variables and the extent of risk disclosures among listed companies in Kenya. The study aims to empirically examine the relationship between corporate governance variables and risk disclosures in 48 listed non-financial companies in Kenya. Content analysis of annual reports for the period 2010-2016 was used to measure the level of risk disclosures and...

Author(s): Muturi Wachira  

The impact of information asymmetry on public-private partnership contracts: Theoretical approaches

November 2019

Institutional arrangements for making the benefits of expert information systems technology available to state enterprises in South Africa have been impacted by information asymmetry. The proliferation of infrastructure improvements has become palpable, hence the necessity to address information asymmetry in the public sector. The reliance on the private sector for expertise and knowledge has exacerbated the information...

Author(s): Rene Albertus  

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