African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4164

AJBM Articles

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  

MtB versus VAIC in measuring intellectual capital: Empirical evidence from Italian listed companies

November 2019

The purpose of this paper is to compare two of the most commonly utilized methods employed to measure the Intellectual Capital (IC) value: Market to Book (MtB) ratio and the Value Added Intellectual Coefficient (VAIC), in order to determine the most suitable in the context of Italian listed firms and their respective relationships with some key IC determinants. The study is conducted for a sample of Italian listed firms...

Author(s): William Forte, Gaetano Matonti, Giuseppe Nicolo and Jon Tucker

Exploring barriers affecting suppliers in the mines in Zambia

October 2019

The global value chain has become an important strategy to link local suppliers to the various commercial activities that are performed during the production of goods and services. The chain actors involved join together in distinctive processes to produce a product in a win-win situation. This means that even the marginalized local suppliers are given an opportunity to supply along the chain and earn income. However,...

Author(s): Peter Kanyinji and Gelson Tembo  

The determinants of the corporate effective tax rate of Italian private companies

October 2019

This study investigates the determinants of the corporate effective tax rate (ETR) of Italian private (unlisted) companies in 2016 and 2017. Although a large body of research has addressed the issue of the determinants of the ETR, both the Italian context and the private companies have been the object of scant attention in previous studies. To test research hypotheses, as in several previous studies, a pooled...

Author(s): Simone Poli  

The impact of geographical location on inclusion of small and medium enterprises in the mining global value chain in Zambia: A case of selected small and medium enterprises (SMES) in the mining area

October 2019

The global value chain approach has become a useful strategy to reduce poverty in the mining area by forming linkages among various players. This approach gives an opportunity to all stakeholders to participate in any suitable activity along the value chain. Once small and medium enterprises (SMEs) enter the value chain, they supply and earn sustainable income. Unfortunately, geographical location of the mines acts as a...

Author(s): Peter Kanyinji and Gelson Tembo  

The overlooked role of market knowledge in the market integration of Ethiopian pastoralists

October 2019

In response to rapid globalization, African countries have dedicated considerable efforts to transform rural producers into businesses and integrate them with global markets. Pastoralists are mostly isolated from the other livestock value chain members. This makes it difficult for them to acquire knowledge regarding how the market functions and what the value chain members’ want. This study explores how much...

Author(s): Teklehaimanot Mebrahtu Leake, Paul T. M. Ingenbleek and Hans C. M. van Trijp

Empirical analysis of foreign direct investment and economic growth in Pakistan using VECM model

October 2019

Theoretically Foreign Direct Investment (FDI) is considered as a growth accelerating component that has attained significant heed in the development of the country in the past decade. Pakistan has been selected due to its geostrategic location, which is a major attraction for developed economies to invest in for lucrative returns. This study objective is to trace the long as well short run analysis among FDI, Gross...

Author(s): Iqra Ashraf,, Shi Yong,, Raja Muhammad Afzal and Guo Kun,

Internal control and quality service delivery in a public health sector: A case study of a Local Government in Uganda

October 2019

The main objective of this paper was to examine the effect of internal control on quality health service delivery in Greater Iganga Local Government. This study adopted a cross-sectional research design. A population of 205 health facilities were targeted. Stratified and simple research techniques were applied to obtain a sample size of 127 health facilities whose accounting managers, health managers and instructors,...

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

Supply chain management constraints in Tanzanian small and medium enterprises

October 2019

Supply chain management (SCM) has gained popularity around the globe due to its significance in relation to improving business performance. Although large enterprises have been able to successfully implement SCM, it is different in small and medium enterprises (SMEs) as they are faced with several constraints that hinder the effective implementation of SCM. Variables such as technological difficulties, poor coordination...

Author(s): Jesca Mhoja Nkwabi  

Alcohol consumption and conflicts in developing countries: A qualitative and a quantitative research concerning Christian consumers in Burkina Faso

September 2019

The interest of researchers on consumption and conflicts is explained by the fact that consumption behavior leads to conflicts. Most of the studies on the topic are done in other contexts, and little research on the subject has been conducted in the context of Burkina Faso. This research aims to explore the concepts of alcohol consumption and conflicts in Burkina Faso, and underline the role of culture in management....

Author(s): Théophile Bindeouè Nassè  

Determinant factors of consumers’ bank selection decision in Sudan

September 2019

The purpose of this study is to identify the key determinant of the bank selection decision by Sudanese banks’ customers. The motivation for this paper is the lack of research that empirically studied bank selection criteria that influence customers' selection decisions on banking services in Sudan. Data were collected using self-administered questionnaires to a sample of 253 of Banks customers in Khartoum...

Author(s): Mansour Ilham Hassan Fathelrahman  

The challenges of management research in Africa: A study of selected Ethiopian higher education institutions

August 2019

Management in Africa is under researched by scholars both within and outside of the continent. As a result, nowhere is management research-practice gap so wide than in Africa. This paper aims to assess the management research practices and challenges in selected Ethiopian higher education institutions (HEIs) and contributes to the improvement of management research practice in general. The study employed qualitative...

Author(s): A. Abdulahi Aliye

The effect of leadership on job satisfaction, work motivation and performance of employees: Studies in AMIK Yapennas Kendari

August 2019

This study describes the effect of leadership on job satisfaction, motivation and performance of employees. This study is carried out in Amik Yapennas Kendari. Population for the research consists of all employees of AMIK Yapennas totaling 68 employees. Research method uses a survey approach. The sampling technique is a census with the unit of analysis being the employees at AMIK Yapennas. Analysis tool used to test the...

Author(s): Nur Iman and Widhi Lestari

Development impact bonds to overcome investors-services providers’ agency problems: Insights from a case study analysis

July 2019

The paper aims to enrich the academic debate on social impact investing, through a formalization of Development Impact Bonds (DIBs)’ structure. With this purpose, the research adopts an inductive approach and presents a case study analysis of the world’s first successful DIB in education, Educate Girls Development Impact Bond. The analysis fosters the role of DIBs as tools to provide funds to non-profit...

Author(s): Carmen Gallucci, Rosalia Santulli and Riccardo Tipaldi

The effect of county government expenditure on gross county product in Kenya: A panel data analysis

July 2019

From previous studies, the effects of expenditure on economic growth appear to provide mixed results. Despite this uncertainty, theory suggests that expenditure induce growth. In Kenya, economic growth has been fluctuating despite the devolved expenditure increasing over time. It is against this background that this study was carried out to investigate empirically the short-run and long-run effect of components of...

Author(s): Naftaly Mose, Lawrence Kibet and Symon Kiprop  

Factors affecting customers’ satisfaction towards the use of automated teller machines (ATMS): A case in commercial bank of Ethiopia, Chiro town

July 2019

The  purpose  of  this  study  is  to  investigate the factors affecting customers’ satisfaction towards the use of Automated Teller Machines (ATMs). To address  the  research  objectives,  200 questionnaires  were  distributed  to  respondents. A  total  of  176  were returned which is equivalent to 88% of the total...

Author(s): Tewodros Biset Amene and Debela Bonsa Buta

Recruitment strategies of the banking industry in Nigeria: The head hunting panacea

July 2019

The purpose of the study is to examine the effect of headhunting recruitment strategy on employee retention strategy in the Nigerian banking industry. The objective is to examine the effect of headhunting recruitment strategy on employee retention in the banking industry. The study makes use of primary data by administering structured questionnaire to employees of Zenith Bank Plc, a money deposits bank in Egor local...

Author(s): TAFAMEL, Ehiabhi Andrew and AKRAWAH, Onutomaha Dennis

Investigating the challenges that the cross-border women traders face in Malawi: The Limbe Town women traders of Southern Malawi

June 2019

Women in Malawi have been at the forefront of cross border trade both as a source of income and employment though they face numerous challenges. The paper investigates the challenges that the cross-border women face in the case of Limbe ICBT. A sample size of 30 participants was targeted that included 28 women cross-border traders, taxation authorities and Indigenous Business Association of Malawi (IBAM) officials. This...

Author(s): Nelson Nanteleza Ndala and Francis Moto Jnr.

Incentives as correlates of employees’ loyalty towards management in organisation

June 2019

The study investigates the effects of incentives on employees’ loyalty towards organisational management. It considers the types of incentives structure implemented for employees, and its probable effects on the performance and loyalty of employees to the management of an organisation. Data were collected through the administration of questionnaire to one hundred and twenty respondents, comprising thirty...

Author(s): Idowu H. A. O., Soyebo K. O. and Adeoye E. A.  

Involving stakeholders in university hospital performance reporting: The state of the art in Italy

June 2019

University hospitals (UHs) need to pay attention to diverse stakeholders’ interests when reporting their performance information, to meet different knowledge expectations concerning the activities they have performed and the outcomes they have achieved. In the existing literature, the level of consideration of UH performance reports reserve for a broad variety of stakeholders interested in UH outcomes, each with...

Author(s): Carla Del Gesso  

Professional satisfaction of public university instructors in Bangladesh: A case of Rajshahi University

June 2019

Professional satisfaction commonly termed as job satisfaction or employee satisfaction has been one of the key contents of human resource management, organizational behavior, and industrial psychology. Satisfied employees can be more productive and can have significant contribution to organizational success. High levels of job satisfaction could also be a sign of emotional wellness or mental fitness. Teaching is a noble...

Author(s): Saiful Islam, Dhanonjoy Kumar and Solaiman Chowdhury  

Bushehr University of Medical Sciences physicians: Role of individual, organizational and technical factors affecting knowledge sharing

June 2019

The main purpose of sharing knowledge is to provide the necessary ground for realization of knowledge management, and then, a transformation of organization knowledge into an effective organizational source. The purpose of this study was to determine the role of individual and organizational technical and cultural factors affecting knowledge sharing among physicians of BUMS, in 2017. This is a descriptive-analytical...

Author(s): Abdolrasool Khosravi, Nahid Safari, Atefeh Esfandiari, Saeed Keshmiri and Farshid Danesh  

Shareholders’ return and value of manufacturing firms listed on the Nigerian stock exchange

May 2019

The attainment of going concern concept of an entity relies heavily on its ability to maximize the wealth of its shareholders and value. The prospect of a firm to investors is a function of return, which signals to the market its good governance. The study examined the influence of shareholders’ return on the value of manufacturing firms listed on Nigerian Stock Exchange using annual reports and accounts of 36...

Author(s): OGUNDAJO Grace Oyeyemi, ENYI Patrick Enyi and OYEDOKUN Godwin Emmanuel

The use of electronic monitoring and work performance of employees in the banking industry in Ibadan, Southwest Nigeria

May 2019

Previous studies on electronic monitoring have not examined the relationship between electronic monitoring and work performance of employees. This study therefore examined the relationship between electronic monitoring and work performance using Bank XYZ branches in Ibadan, Oyo State as a reference point. Foucalt’s Panopticon and McGregor’s X and Y theories provided the theoretical framework. The research...

Author(s): Oyedeji Jonathan Kehinde and Emeka Emmanuel Okafor

Impact of psychological contract fulfillment on micro-firm clerks: An empirical study in China

May 2019

The psychological contract is an international academic focus in the field of organization behavior and human resources management. Despite a large number of literatures in the psychological contract from different types of organizations, there is still a lack of exploration involving the micro business sector. This study aims to fill some of the gaps and analyze the intimate relationship with the target of micro-firm...

Author(s): Zezhao Liu  

Board gender diversity, non-executive director’s composition and corporate performance: evidence from listed firms in Nigeria

May 2019

This paper examined the nexus between board gender diversity, non-executive director’s composition and corporate performance (return on asset) of listed firms on the Nigerian Stock Exchange. Ex-post facto research design was employed and agency theory formed the basis of theoretical framework of the study. Data of board gender diversity, non-executive director’s composition and return on asset were obtained...

Author(s): Imade, Osazee Graham  

Determinants of financial performance in private banks: A case in Ethiopia

May 2019

The objective of this study is to empirically assess the effect of bank-specific and macroeconomic determinants of Ethiopian private commercial banks financial performance using three measures namely, return on assets (ROA), return on equity (ROE) and economic value added (EVA) for the period 2006 to 2015 by using multiple regression on a sample of seven private commercial banks. The results indicated that performance...

Author(s): Tewodros Biset Amene and Gedion Abayneh Alemu

The influence of internal marketing and job satisfaction on quality service delivery in a public health sector: A case study of a local government organization in Uganda

May 2019

The major objective of this study is to examine the combined influence of internal marketing and job satisfaction on quality health service delivery in Greater Iganga Local Government. A case study research strategy is used in which data are collected using self-administered questionnaire administered to 635 respondents. A sample of 127 health centres was drawn from a population of 205 health facilities from the...

Author(s): Gordon Otieno Ong’unya, John Baptist Kowa, Aziz Wakibi  and Kassim Ssenyange

Improving agriculture in Nigeria through public-private partnerships

April 2019

The agriculture sector in Nigeria has remained largelylargely undeveloped. The reason for this is due to the limited public sector funding in the different agricultural value chains including research and development. On the other hand, there has also been very minimal private sector investment in the sector. The cause of this is a lack of incentive for the private sector in Nigeria to invest in sectors like agriculture...

Author(s): George Nwangwu  

An evaluation of the impact of the management practices and how they impact on employee-engagement: Employees’ perceptions

April 2019

The employer-employee relationship has always been governed by the understanding that the employee is simply a hired hand to complement the business owner in the process of achieving a firm’s set objectives. The rest of the other activities and phenomena are taken for granted – ‘I employ you, you do your work I pay you’, so the circle continues. The employer drives the employee to perform to...

Author(s): Larry E. Jowah and Tendency Beretu  

Cash inflow conundrum in Ugandan SMEs: A perspective of ISO certification and firm location

April 2019

The study employed the World Bank Enterprise survey 2013 for Uganda and quintile method to determine the relationship between firm location, International Standards Organization (ISO) certification and cash inflows of Small and Medium Enterprises (SMEs) in Uganda. The results show that ISO certification and firm location are positively and significantly related to SMEs’ cash inflows. It was also realized that...

Author(s): I. Kintu, P. Naluwooza and Y. Kiwala  

“Bit Standard”- Bitcoin between reality and risks of a “halfway-money”

April 2019

This work provides an explanation of the market underlying the evolution due to modern technologies and technical advances, especially in transactions. In this regard, the authors specify the aspect related to the creation of virtual currencies like bitcoin that can circulate thanks to the Blockchain system through miners’ work. The authors consider areas related to the warnings on the use and exchange of virtual...

Author(s): Christian Rainero, Luigi Puddu, Alessandro Migliavacca, Riccardo Coda and Giuseppe Modarelli

Does the IFRS 15 impact earnings management? Initial evidence from Italian listed companies

April 2019

The purpose of the present work was to gauge the extent of the impact on earnings management derived from the adoption of International Financial Reporting Standards (IFRS) 15 as well as detecting whether the impact will be similar in different industries. To provide empirical evidence that earnings management is more frequent in some industries and less frequent in others by means of a statistical analysis, a sample of...

Author(s): Marco Tutino, Carlo Regoliosi, Giorgia Mattei, Niccolò Paoloni and Marco Pompili

Dividend policy and financial performance: a study of selected deposit money banks in Nigeria

April 2019

This study investigates the relationship between financial performance and dividend policy for a sample of fifteen Deposit Money Banks quoted on the Nigeria Stock Exchange 2009 to 2014. Panel data regression analysis was used as the method of analysis, and the model was estimated using the Pooled Least Squares estimation technique. The study revealed that there is a positive and significant relationship between dividend...

Author(s): Israel Odion E. Idewele and Bein A. Murad

Estimating the maximum probable annual losses due to flooding

March 2019

This paper aims to estimate the maximum probable annual losses to the risks of flooding. While examining the frequency of the event, it was observed that, at least one accident occurred periodically, which resulted in maximum losses. This is an empirical study and it is based on maximum losses due to floods per year, as obtained from the International Disaster Database and Munich Re. The analysis is based on 66 extreme...

Author(s): Emad A. A. Ismail, and Fuad A. A. Awwad

The joint effect of firm capability and access to finance on firm performance among small businesses: A developing country perspective

March 2019

The purpose of this paper was to establish the joint effect of access to finance and firm capability on small businesses’ performance in Kampala, Uganda. The study adopted a cross-sectional design with a sample of 384 small businesses. Self administered questionnaires were used in data collection and data was collected from August to November 2018. The study utilised SPSS to perform correlation and regression. The...

Author(s): Peter Turyakira, Sendawula Kasimu, Pedson Turyatunga and Saadat Nakyejwe Kimuli  

Effects of varying factors on performance of construction projects in terrorism hit areas of the world

March 2019

Construction projects have encountered poor performance due to the insecure environment caused by insurgency and terrorism in the world. The real cause includes lack of desired resource and reluctance of stakeholders/project teams to work in such areas. The project suffers a massive loss of finances, time overrun and poor quality which ends up the project in the midway. In the current research, various risks which...

Author(s): Waqas Anwar, Eduardo Munive Hernandez and Mohammad Khurshid Khan

The status quo of East African stock markets: Integration and volatility

March 2019

This paper presents the current stock markets’ situation of East African markets compared to Johannesburg Stock Exchange (JSE). The study uses weekly price indices of Kenya, Tanzania, Rwanda, and Uganda, South Africa as a performance benchmark for the African market. The period used is from 17th January 2008 to 31st March 2017. The stock indices’ returns results show in general that there is relatively...

Author(s): Marselline Kasiti Atenya  

Satisfaction of university community on in house sourcing (Samara University) versus outsourcing (some selected government universities in Ethiopia)

March 2019

Outsourcing noncore activities are the best solution for many organizations. This study was conducted to study the comparative analysis of university community satisfaction on outsourcing in some selected universities in Ethiopia using both primary and secondary data. Samples were taken from students, teachers and support staff of four universities. The research identified that by outsourcing the different non-core...

Author(s): Mesud Mohammed, Nega Abebe and Mulatu Wondim  

Critical success factors for green supply chain management practices: An empirical study on data collected from food processing companies in Saudi Arabia

March 2019

The aim of this research paper is to explore critical success factors required to implement green supply chain management. A descriptive analytical method was used by which a questionnaire was developed based on literature review and suggestions of academics as well as experts. It was distributed to a sample of 360 managers selected from food processing companies in Saudi Arabia. Out of 360 questionnaires, 278 were...

Author(s): Rashid M. Alhamali  

The impact of intellectual capital on firms’ financial performance and market value: Empirical evidence from Italian listed firms

March 2019

The purpose of this paper is to extend the understanding of Intellectual Capital (IC) in the context of Italian listed firms. In this study, the Valued Added Intellectual Coefficient (VAIC) is employed as a measure of IC to investigate the relationship between IC, firms’ financial performance and market value. The empirical investigation is developed by using data drawn from a sample of 135 Italian listed...

Author(s): William Forte, Gaetano Matonti and Giuseppe Nicolò  

The growth determinants of micro and small enterprises and its linkages with food security: The case of Mecha district, Amhara region, Ethiopia

February 2019

The study assessed the growth determinants of micro and small enterprises (MSEs) and its linkages with food security in Mecha district of Amhara region. The research was conducted to fill the empirical gaps regarding the linkages of MSEs growth with food security. Previous researches conducted in Ethiopia on the MSEs growth did not explicitly show the relationships of the growth of those enterprises on households’...

Author(s): Yikeber Yimesgen  

Impact of non-performing assets on the profitability in Indian scheduled commercial banks

February 2019

Banking in modern times is the kingpin of all economic activities. It is instrumental in shaping the economic destiny of a country. Banks are considered as the nerve-centres of economics and finance of any nation and the barometer of its economic prospective. Since the banks have stupendous investment potential, they can make a significant contribution in eliminating poverty and problem of unemployment. It can bring...

Author(s): Kavitha Nachimuthu and Muthukrishna Veni  

Religiosity and consumer behavior in developing countries: An exploratory study on Muslims in the context of Burkina Faso

February 2019

The interest of researchers on religiosity and consumer behavior is explained by the fact that religion has an influence, not only on the social behavior of individuals, but also on their consumption behavior (Fam et al., 2004; Nasse, 2006; Mansori, 2012; Diop, 2012). Most of the studies on the topic are from Western and Asian countries. Little research on the subject has been conducted in Africa and particularly in...

Author(s): Théophile Bindeouè Nasse,, Alidou Ouédraogo and Fatou Diop Sall  

The impact of firms’ characteristics in accessing finance by micro, small and medium enterprises in Southern Ethiopia

February 2019

There is a concurrence among different stakeholders such as policy makers, economists, and business experts that Micro Small and Medium enterprises (MSMEs) are engines of economic growth. The dynamic role of MSMEs in developing countries insures them as engines through which the growth objectives of developing countries can be achieved. However many problems encounter MSMEs and as a result, many firms perform dismally...

Author(s): Desta Zelalem and Mebrat Wubante  

Investigating the effectiveness of entrepreneurship education in developing entrepreneurial intentions among students in HEIs located in Blantyre District of Malawi

February 2019

This paper aims to investigate the effectiveness of entrepreneurship education in developing entrepreneurial intentions among students in HEIs in Blantyre District of Malawi. A mixed method approach consisting of quantitative and qualitative methods was employed. In total 60 participants were purposively sampled for the study of which 42 responded to the questionnaire that was administered. This represents a response...

Author(s): Nelson Nanteleza Ndala  

The effects of organizational culture on turnover intention: The mediating role of job satisfaction, a case of Oromia Forest and Wild Life Enterprise

January 2019

The purpose of this study was to identifying the effects of organizational culture on turnover intention with mediated role of satisfaction. Data were gathered by closed ended questionnaires distributed to five OFWELs in Oromia. The scales used were the organizational culture index, job satisfaction survey, and the turnover intention questionnaire. The collected data was statistically analyzed by SPSS 20 and AMOS 21....

Author(s): Girma Taye Niguse  

Application of the elements of marketing mix by business start-ups during incubation: A case of Makerere University in Uganda

January 2019

Firm incubation and marketing mix are not new concepts in the business world. They have been existing for decades and their meaning has been explained in real business sense. Despite being in existence for long, little is known about how marketing mix elements (popularly referred to as the “Seven P’s”) are used by business start-ups during incubation. Data were collected from owners of start-up...

Author(s): Anthony Tibaingana  

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