African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4137

AJBM Articles

Ownership structure, financing constraints and inefficient investment: empirical analyses of Chinese data

October 2021

Using the data of A-share listed companies in Shanghai and Shenzhen stock exchanges from 2008 to 2017, this paper empirically tests the moderating role of ownership structure between financing constraints and inefficient investment. The study found that rational use of the moderating effect of ownership structure is of great significance to improve the investment efficiency of enterprises. When there are financing...

Author(s): Hong-xing Tu  

A meta-synthesis of trade logistics influence on international trade

October 2021

Logistics systems are inexplicably linked to trade and investment, and their significance in describing a country’s competitiveness in an increasingly globalized world is growing. Improved trade logistics, in conjunction by a way of more economic liberalization climate, increased volume and size of trade, as well as reach in distribution and production activities. With careful reviews, the study discussed a...

Author(s): Yekini Ojenya Salawu and Seyed Mohammadreza Ghadiri

Local economic development in Nelson Mandela Bay and Buffalo City Metropolitan Municipalities: An empirical investigation

October 2021

Albeit in its infancy, South Africa’s LED practice is a benchmark of a large number of African countries in general and southern African countries in particular. The practice stand out for its massive and growing LED budgets, robust legal and a variety of  LED governance structures, amongst others. This study seeks to answer three critical questions: What LED facets (particular aspects) are available in...

Author(s): Mativenga Ngatiane, Noluntu. S. Dyubhele and Hendrik Lloyd

Consumers’ purchase attitudes toward Shanzhai products: An empirical study of Chinese consumers

October 2021

Shanzhai products have witnessed a huge growth China market. Although the shanzhai problem has been discussed in the literature, most of the studies are mainly literature review, practical report, or theoretical analysis. Empirical research remains scarce, especially the examination of underlying key purchase determinants of shanzhai purchase from consumer behavior perspective. This study embeds the shanzhai phenomenon...

Author(s): Xi Chen and Yun Wang

A review of knowledge management and its application in the contemporary business environment

October 2021

The quest for a better way of enhancing firm performance has led to the discovery of knowledge as a unique and firm-specific resource for achieving competitive advantage. Knowledge management has gained the attention of practitioners and scholars in recent times. Knowledge management involves obtaining the right set of information and making them available to the right people, at the right time. When an adequate...

Author(s): Japhet Imhanzenobe, Olaoluwa Adejumo and Olapeju Ikpesu

Corporate governance and firm’s financial performance amongst private business enterprises in Uganda, a perspective from Lira City

September 2021

The study examined the effect of corporate governance on firm’s financial performance amongst private business enterprises in Uganda. The study used descriptive and survey design. A mixed method approach which involved both qualitative and quantitative techniques were also used. The study found out that corporate governance significantly influences the financial performance of hotels and manufacturing firms in...

Author(s): Marus Eton, Fabian Mwosi, Arthur Sunday and Sammy Godfrey Poro

The impact of intellectual capital on financial performance in Argentina, Chile and Peru

September 2021

Intellectual capital research is a topic that has stood out in recent decades and has allowed us to recognize other types of strategic non-accounting resources that allow organizations to increase their financial performance. Despite the importance of the subject, the evidence for emerging economies, especially in Latin America is scarce and outdated with inconclusive results. This motivates this research. The objective...

Author(s): Juan Alejandro Gallegos, Carlos Díaz-Contreras, Juan Vega-Vargas, Rocío Arellano-Prada and Marcos Blas-Yucra

Effects of globalization on small medium-sized enterprise development in Ghana

September 2021

The paper examined the effects of globalisation on small and medium-sized enterprises (SMEs) performance in Ghana. By using the case study approach, the study selected the Kumasi Metropolis as the area for this study. The research delved into the level of familiarity of globalisation among SMEs, examined the influence of globalisation on SMEs performance and assessed the prospects and challenges globalisation poses on...

Author(s): Alfred Sarbah and Isaac Quaye

Knowledge positioning and innovation in strategic alignment for SESCO and Saudi Arabia’s economy based on its 2030 vision

September 2021

The transition of economies to become more knowledge-based has compelled companies to adapt to a greatly changing environment through an emphasis on knowledge sharing and positioning, and alignment with innovation, and its products/services and the market. For Saudi Arabia to achieve its 2030 Vision, this focus on developing knowledge-intensive capabilities, collaboration with other organisations, human capital, R and...

Author(s): Hana Alotaibi

Barriers to product innovation among the manufacturing micro, small and medium enterprises in Malawi

September 2021

Most micro, small, medium enterprises in Malawi struggle to grow and survive despite their critical role in the socio-economic development of the country. One major contributing factor is their inability to innovate. This study was therefore aimed at investigating the innovation barriers affecting the manufacturing MSMEs. The study was conducted among the 45 manufacturing MSMEs operating in the Malawi’s commercial...

Author(s): Davies Emmanuel Mweta and Fizza Suwadi

Reframing barriers to e-learning adoption: An entrepreneurial and strategy perspective

August 2021

The changing landscape of higher education orchestrated by the growing use of e-learning presents significant opportunities and threats to higher education institutions in developing countries like Nigeria. However, e-learning is not widely adopted by Nigerian institutions due to contextual and individual barriers. This study aims to advance our understanding of the determinants of e-learning adoption by...

Author(s): Tega Tonukari and Hod Anyigba

Poverty eradication and wealth creation: The role and challenges of savings and credit cooperatives (SACCOs) in Uganda

August 2021

In the last decades, Uganda has been aligning her poverty reduction and wealth creation strategies with the global goals – in the Millennium Development Goals (MDGs) and, of late, the Sustainable Development Goals (SDGs). These have been mainstreamed through the annual plans, the National Development Plan (NDP) and Vision 2040. Through these, Uganda has planned to be a modernised economy by 2040. Many poverty Many...

Author(s): Julius Omona

Notice of Retraction: Factors associated with young Taiwanese people’s preference of green tea

July 2021

The editors of the African Journal of Business Management (AJBM) are retracting the article, “Factors associated with young Taiwanese people’s preference of green tea” published in 2017 with details: Vol. 11(16), pp. 415-425, 28 August, 2017.   This is based on verifiable evidences of data manipulation, falsification and plagiarism presented by the original owners of the research...

Author(s): Shu Chun Chang and Mega Trishuta Pathiassana

  • Article Number: 354C68767355

Analysis of the effects of COVID 19 on the operations and sustainability of SMEs in South Western region, Uganda

July 2021

SMEs are considered huge boosters to the economy of Uganda. They serve as the engine and driving force for growth, development, innovation, economic prosperity and wealth creation of Uganda. The study aimed at establishing the upshot of COVID 19 on the operations and sustainability of SMEs in Uganda with a view to creating a lucid model for successful SMEs operations and improved performance. The study examined factors...

Author(s): Arthur Sunday, Caleb Tamwesigire, Abanis Turyahebwa, Kaaya Siraje, Eliab Byamukama

Internal control practices and health service delivery in local governments of Uganda

June 2021

The main aim of this study was to examine the extent to which internal control practices affected health service delivery in Rukungiri District. The research adopted a case study design using both quantitative and qualitative approaches. The target population was 140 key stakeholders that lived and worked in Rukungiri District and a sample size of 104 was drawn from the target population. Our findings from the...

Author(s): Catherine Asiimwe, David Namanya and Geoffrey Nuwagaba  

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  

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

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  

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

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  

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

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

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

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

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

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  

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

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

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 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

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  

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  

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 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  

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  

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  

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 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

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