African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4050

AJBM Articles

June 2017

The impact of corporate diversification on firm value in Kenya

This study investigates the impact of corporate diversification on the value of firms listed at the Nairobi Securities Exchange (NSE). Panel regression techniques were used as the estimation methods. The overall findings of the study where somewhat mixed. The study finds that industrial diversification reduces firm value, but geographical diversification does not have a significant impact on firm value. When examining...

Author(s): Anthony Manyuru, Muturi Wachira and Evans Amata

June 2017

Prospects for sustainability and viability of Nigerian manufacturing organizations through team work approach

This study on prospects for sustainability and viability of Nigerian manufacturing organizations through team work approach has the overall objective of ascertaining the extent to which teamwork approach to change management holds good prospects for sustenance and viability in Nigerian manufacturing organizations. The study adopted the survey research design, in which ten manufacturing companies in the South-Eastern...

Author(s): Lovlyn Ekeowa Kelvin-Iloafu

May 2017

Exploring human capital: Discrimination factors and group-specific performance in the football industry

The aim of the study is to investigate whether discrimination factors exist within professional football clubs, concerning the management of their human capital, by analysing the correlation between the footballers’ wages and their performance. An analysis was conducted to show that discrimination, based both on nationality and race, can affect the strategies adopted by football club managers and in the...

Author(s): Raffaele Trequattrini, Alessandra Lardo, Federica Ricci and Rosa Lombardi

May 2017

Does bank capital regulation affect bank value?

The aim of this study was to examine the relationship between capital adequacy and the bank profitability measured by returns on equity (ROE) for Tanzanian large commercial banks during the period between 2009 and 2014. The positive relationship between bank capital and performance may also be explained using monitoring-based theory. The monitoring-based theory suggests that higher bank capitals encourage serious...

Author(s): Lotto Josephat

May 2017

Entrepreneurial intentions of Tshwane University of Technology, Arts and Design students

Despite a high unemployment rate and the unique capabilities that the Arts and Creative industry can be of value to South Africa by stimulating job creation, Arts graduates are still reluctant to consider entrepreneurship as a viable career option, even in an environment of high job scarcity. Thus, the need to develop and transform university Arts graduates into self-sustaining entrepreneurs is more urgent than ever. It...

Author(s): Patrick Ebong Ebewo, Richard Shambare and Robert Rugimbana

May 2017

Assessing the challenges faced by rural agro-dealers in Matabeleland North Province, Zimbabwe

The aim of this exploratory research was to identify the challenges that are faced by rural agro-dealers (agricultural inputs retailers) in Matabeleland North Province in Zimbabwe as part of a non-governmental organisations (NGO) funded initiative to build their capacities. A purposively selected sample of seventeen (17) rural agro-dealers scattered across the province was contacted for in-depth interviews. These were...

Author(s): Samson Mtisi, Albert Dube and Teddy Dube

April 2017

Managing sustainability with strategic planning tools: A longitudinal analysis of multiple case studies

Over the last few years, laws concerning the waste sector have changed considerably. The European and national laws apply strict rules to companies in order to protect the environment and quality of life. The issue of sustainability is receiving increasing attention, and many organizations have implemented environmental and social management systems in order to manage and control sustainability-related issues. This...

Author(s): Elisa Truant

April 2017

Model selection on tourism forecasting: A comparison between Bayesian model averaging and Lasso

This study tries to tackle the tourism forecasting problem using online search queries. This recent-developed methodology is subject to several criticisms, one of which is how to choose satisfying search queries to be built in the forecasting model. This study compares two popular candidates, which are the Bayesian Model Averaging (BMA) approach and the Least Absolute Shrinkage and Selector Operator (Lasso) approach....

Author(s): Jiyuan Wang, Geng Peng and Shouyang Wang

April 2017

Internal auditing and financial performance of public institutions in Kenya: A case study of Kenya Meat Commission

Internal auditing provides audit services to the management at all levels, including board of directors and audit committee, thus improving the organizations corporate governance. The objectives that guided the research were effect of corporate governance on financial performance and effect of audit committee on financial performance. The researcher used case study research design; this was due to the fact that data was...

Author(s): Nelius Wangui Muchiri and Ambrose Jagongo

April 2017

Need for development and validation of a new product development (NPD) assessment and improvement tool: A review of literature

Maintaining the good quality of current products or services cannot anymore guarantee companies’ survival in today’s super competitive global market in which the competition gets only tougher and more challenging day in, day out. In fact, firms’ prosperity is highly dependent on the successful and timely introduction of new products and services that go beyond customers’ expectations in many...

Author(s): Morteza Foroutan and Kari Baski-Reeves

April 2017

Towards the growth of domestic credit in Tanzania: Does foreign capital flow really matter?

This study aims to examine the relationship between international capital flows, and domestic credit expansion in Tanzania during the period between 2004 and 2012. The data used in this study is extracted from World Bank database except credit regulation quality index (CRINDEX), which is taken from the Fraser Institute Index of Economic Freedom. The study disintegrated the variable capital flow into debt and equity...

Author(s): Josephat Lotto

March 2017

Influence of Facebook usage on employee productivity: A case of university of cape coast staff

The rapidity in the rise of social media is changing how organizations operate and handle their communication. Several organizations are in search of ways to seize advantage in this emerging era marked by greater real time, interactivity and transparency. The new media, of which Facebook is part, is growing so fast that it makes it imperative for employees to embrace the medium in the workplace. Facebook’s...

Author(s): Daniel Edem Adzovie, Isaac Eliot Nyieku and Janet Ami Keku

March 2017

All hands on deck: Employee engagement on cruise ships

The present in-situ study examined employee engagement of a cruise ship workforce. 246 crew members and officers in different department’s on-board a contemporary market cruise ship filled in a questionnaire during their voyages. Exploratory factor analysis has been applied to test factors of engagement and findings indicated that a four-factor solution (Communication and progress, Capacity to engage, Engaged...

Author(s): Aleksandar Radic

March 2017

Dynamic interactions between real exchange rate and international fund flows in China

As the progress of capital account liberalization in China, the volume and volatility of international fund flows has increased significantly since 2000. Therefore, it is of vital importance to investigate their influence on domestic financial market. Based on a novel database, EPFR Global, we get the monthly fund flows in China from January 2005 to June 2013. Vector autoregression (VAR) models are employed to...

Author(s): Haizhen Yang and Suxiao Li

March 2017

The dynamic relationship between insurance development and economic growth: New evidence from China's coastal areas

Insurance was widely recognized as a useful tool for risk management in regional economic growth. Lots of analysis focused on building a fixed functional relationship between insurance development and economic growth. However, the effects of this mechanism varied widely across countries. And there was a clear gap in the understanding of how this mechanism works in coastal areas, the forward position of one country....

Author(s): Zheng Hui and Zhao Xin

February 2017

Factors influencing fixed asset losses in local government authorities in Tanzania

Fixed asset management has been a challenge despite having government policies and procedures in Local Government Authorities in Tanzania. The study investigated the factors which influence fixed asset management in Local Government Authorities, and analysis was carried out to determine the extent to which each of the individual factors influence fixed asset losses. The significance of this study stems from the fact...

Author(s): Theophil Benedict Assey, Khamis Kalegele and Bukaza Chachage

February 2017

Does strategic ambidexterity moderate organizational support - sales performance relationship for financial services in Uganda?

Adapting strategic ambidexterity enhances the sales performance of financial services that provide support to their employees, especially the sales representatives. Simultaneously providing support aligned to the needs of existing markets and that which is aligned to needs of new markets attracts potential customers to open accounts and undertake policies in banks and insurance institutions, respectively, and encourages...

Author(s): Samuel Musigire, Joseph Ntayi and Augustine Ahiauzu

February 2017

An evaluation of performance using the balanced scorecard model for the university of Malawi’s polytechnic

The study was conducted with a view to evaluate the performance of the University of Malawi’s Polytechnic using the Balanced Scorecard model. The research employed a deductive approach and adopted a survey strategy.  A closed questionnaire eliciting demographic characteristics and work related factors was sent to a sample of the Polytechnic stakeholders who were selected using a non-random purposive...

Author(s): Stephen Chimtengo, Kezzie Mkandawire and  Rabiya Hanif

February 2017

Globalisation and Ebola disease: Implications for business activities in Nigeria

With the Ebola virus outbreak in West Africa, it is expected that whatever the transmitting cause and spread of the virus, it has affected the economic, political and socio- economy activities with an immense strain on the health sector. The scope of this study is the most populous nation in Africa, Nigeria. The quantitative method adopted provided results from questionnaires, which were analysed and resulted in...

Author(s): Adebanji Ayeni, Oluwole Oladele Iyiola, Ogunnaike Olaleke Oluseye and Ibidunni Ayodotun Stephen

February 2017

Contribution of Small Scale Irrigation to Households’ Income and Food Security: Evidence from Ketar Irrigation Scheme, Arsi Zone, Oromiya Region, Ethiopia

Livelihoods of the rural people of Ethiopia depend on agriculture. However, erratic nature of rain and prevalence of drought in the country make agricultural production a challenge. To counter this problem, use of the available water resource for irrigation development is the most promising option. Ketar small scale irrigation scheme is found in Ketar-Genet Peasant association, Tiyo District, Arsi zone, established with...

Author(s): Eshetu Tefera and Young-Bohk Cho

January 2017

A review and analysis of plant maintenance and replacement strategies of manufacturing firms in Nigeria

Maintenance is important to the success and continuity of firms, particularly in the changing society as ours. The effectiveness and the survival of organizations are largely enhanced by the ability of management to ensure that there is functional equipment, lands and building, infrastructure and fixtures. In the manufacturing setup, there is wear and tear of machines and equipment in periods of usage that require...


January 2017

Leadership styles in organizations during harsh economic environments

This study seeks to add to the knowledge gap on leadership styles in organizations under harsh economic environments by assessing the leadership styles of senior managers and chief executive officers in the private and public sectors and to correlate the organizational performance to the styles.  A survey research design using self-administered questionnaires was used in this study.  Questionnaires (150) were...

Author(s): Judith Mwenje and Eddie Mwenje

January 2017

Is gender diversity in ownership structure related to private Italian companies’ propensity to engage in earnings management practices?

The study investigates whether and how gender diversity in ownership structure (here intended as female ownership) is related to private (unlisted) Italian companies’ propensity to engage in earnings management practices, specifically in “earnings minimization” (EM) and “earnings change minimization” (ECM). Companies practice EM when they manage earnings to bring them close to zero. They...

Author(s): Simone Poli

January 2017

Assessment of ethical behaviour on organizational performance

Ethical behaviour if not practiced has the ability of reducing organization performance; it may cause disagreements, lawsuits, client dissatisfaction, poor service delivery, poor time management, and corruption among others. Some of the unethical behaviours observable that may affect organizational performance include arrogance, ignorance, neglect, absenteeism, alcohol consumption, smoking, and neglect among others. An...

Author(s): Henry Kiptum Yatich and Richard Musebe

December 2016

Corporate social responsibility and family business: An overview

This paper aims to examine the main Corporate Social Responsibility (CSR) dimensions in order to provide a preliminary representation of the several perspectives of study dealt by the literature. Subsequently, for each CSR dimension, a proposition is suggested, which highlights the most critical issues emerging from the literature. Such propositions summarize the main characteristics of CSR dimensions and could be...

Author(s): Carlo Caserio and Francesco Napoli

December 2016

Analysis of transport logistics challenges affecting freight forwarding operations in Malawi

Malawi is one of the landlocked countries within sub-Saharan Africa which faces serious challenges in managing her transport logistics. The provision of predictable, reliable and cost effective transport logistics is constrained due to deficiencies in road and rail infrastructure, inefficient port and transit border operations that contribute to very high transport cost. This study was undertaken to analyse the...

Author(s): Rabiya Hanif and Edward Kaluwa

December 2016

Selection of ocean container carriers: One country's perspective

The objective of this study is to identify the most influential factors that affect choice of ocean container carrier by freight forwarders. It identifies the most influential factors considered by them when selecting ocean container carriers by analysing data collected from a survey of 105 freight forwarding organisations in Ghana. Exploratory factor analysis is used to identify the underlying factors which influence...

Author(s): Peter Dzakah Fanam, Hong-Oanh Nguyen and Stephen Cahoon

December 2016

Predictors of effective change management: A literature review

The purpose of this study was to bring together and analyze significant writings on change management in order to establish key variables in effective change management. Whilst there are many change models that have prescribed stages involved in implementing successful change management, a synthesis of the actual key variables that act as a bedrock in effective organisation change is missing in literature. The...

Author(s): William Makumbe

November 2016

Measurement of bank profitability, risk and efficiency: The case of the Commercial Bank of Eritrea and Housing and Commerce Bank of Eritrea

This study aims at measuring the profitability, risk, and efficiency of the banking sector in Eritrea. In this study, performance is measured in terms of profits generated, risk, and efficiency. We have employed the major financial ratio analysis to evaluate the performance of the Commercial Bank of Eritrea and the Housing and Commerce Bank of Eritrea. The results obtained indicate that both banks generally are not...

Author(s): Fitsum Ghebregiorgis and Asmerom Atewebrhan

November 2016

The effect of foreign portfolio equity and exchange rate risk on stock returns of commercial banks in Kenya

Reversals of foreign portfolio equity due to a shift in investor risk appetite may have a drastic impact on the value of shares of commercial banks hence the effect on stock returns. Uncertainties in the flow of foreign portfolio investments (FPI) result in unpredictable behaviour of stock returns in Kenya’s economy and also at the firm level. The objective of this study was to find out the effect of foreign...

Author(s): Loice Koskei, Lawrence Kibet and Andrew Nyang’au

November 2016

A comparison of the effect of foreign portfolio equity on stock returns of listed banking and non- banking institutions in Kenya

Uncertainties in the flow of foreign portfolio investments (FPI) result in unpredictable behaviour of stock returns in Kenya’s economy and also at the firm level. The net effect of this is the possibility of financial loss suffered by the banking and non-banking institutions. The objective of the study was to compare the effects of foreign portfolio equity on stock returns of listed banking and non- banking...

Author(s): Loice Koskei, Lawrence Kibet and Andrew Nyang’au

November 2016

Study of an extant of applicability of leadership theories in different culture clusters- An analysis through the lens of GLOBE Project

In this paper three leadership theories are described (Charismatic/Value-based Leadership Theory, Team Orientation Leadership Theory, and Participative Leadership Theory) and the extent to which each theory might or might not be applicable in three different cultures (GLOBE Study is used to select the cultures). The project focuses much on the following cultural clusters taken for the study: South Asian cluster, Sub...

Author(s): Mishra Ganesh Prasad

November 2016

Information technology governance in Lebanese organizations

Information technology (IT) Governance is relatively a new topic in Lebanon whereby executives and board directors institute the appropriate leadership, organizational structure and processes so that the enterprise’s IT sustains and extends the organisation’s strategies and objectives. It has a well-defined process and specific components that enable organizations to effectively attain competitive advantage....

Author(s): Hussin J. Hejase, Ale J. Hejase, Ghinwa Mikdashi, Alaa Al-Halabi, Khaled Alloud and Rani Aridi

November 2016

Sustainability in the Brazilian rating system of housing means in Brazil

The present article investigates the development of practices and adoption of new technologies and new forms of acting into the sort of hosting located within the territorial limits of Brazil, regulated by EMBRATUR, following the ordering criteria of the Brazilian Classification System, especially from the perspective of sustainability on the cultural, environmental and social contexts. The investigation adopted...

Author(s): Anderson Soares Lopes and Paulo S. Almeida

October 2016

An investigation of the retention strategies for software developers at an insurance firm

The retention of software developers is of major concern to insurance firms where software for business units is developed in-house. Business success hinges to some extent, on the stability of information systems. The organisation in question has struggled with the loss of expertise in software development, which has affected the fluency of projects. The objectives of the study were to determine the current retention...

Author(s): Patrick Mugabe, Sidney Shipham and Guillermina Ritacco

October 2016

Examining the practices of organizational management and expectations of employees from human resources departments

Today Bangladesh stands on the juncture of economic emancipation. The stage is set for rapid growth and development in every sector of the economy. The agriculture sector is also experiencing significant changes. Bangladesh Jute Research Institute (BJRI) is determined to play a leading role in the development of the agriculture sector in the twenty-first century. Besides, other organizations such as Bangladesh...

Author(s): Aliya Parvin, and Muhammad Mahboob Ali

October 2016

Technology acquisition and technology learning in banking industry: Lessons from Nigerian banking sector

Firms’ ability to effectively exploit technologies acquired is largely hinged on their technology learning capabilities. However, most firms in developing countries that acquire technology lacks sufficient skills to effectively acquire, learn and exploit acquired technologies. The objective of this study is to assess technology acquisition and technology learning in Nigeria’s commercial banks. The paper also...

Author(s): Mirabel Godswill Ukpabio, Titilayo Olaposi and Willie Owolabi Siyanbola

October 2016

Relationship between institutional quality and stock market performance: Evidence from emerging economies

The purpose of this study is to provide empirical evidence on the effect of institutional quality on stock market performance. In order to evaluate the effect of institutional quality on stock market performance, Calderon Rossell models have been estimated using generalized method of moment’s technique. A panel data of 41 emerging countries for the period 1996 to 2011 is used to estimate the results. The results...

Author(s): Ernest Christian Winful, David Sarpong and Jones Agyei-Ntiamoah

October 2016

Linking business intelligence to a knowledge-based sustainable competitive advantage in organizations

This study looks at the use of sentiment analysis and opinion mining in business intelligence by organisations to develop and sustain a competitive advantage. It discusses variables such as organisation structure, business intelligence, knowledge management, and opinions mining as some sources of competitive advantage. The approach for this research is based on a positivist paradigm. A survey research strategy was used...

Author(s): Nixon Muganda Ochara and Thato Mokwena

September 2016

Differentials in patients’ satisfaction with routine radiological services: A cross-sectional study in a developing country

Patient satisfaction survey with health care services is a growing concept in Nigeria where study on the subject is just beginning to gather momentum. Satisfaction with health care services has not been given the attention it deserves, let alone comparing institutional differences on the subject. The purpose of this study was to understand the factors that may account for differentials in patient satisfaction with...

Author(s): Ogbonnia Godfrey Ochonma, Bartholomew Soludo Eze and Charles Ugwoke Eze

September 2016

Application of the grounded theory in building leadership models by utilizing the leadership styles. A focus on Pentecostal churches in Zimbabwe

Leader-follower relationship is one element that is crucial to the influence and growth of churches.  When the leader maintains control and interacts constructively with the followers, understanding the levels that they are at; the likely outcome is a strong organization. The researcher using the grounded theory came up with the Ordinary-Questioning-Decision Making-Stability and the Contextualized...

Author(s): Judith Mwenje

September 2016

Factors influencing smallholder participation in the pigeon peas market: A case of tete province, Mozambique

Agricultural market participation in Mozambique has historically been very low.  Despite a remarkable increase in pigeon peas production, the factors that influence smallholder participation in pigeon peas markets in Tete Province have remained unknown. The study therefore sought to determine factors that influence smallholder producers’ participation in the pigeon peas market using the transaction cost...

Author(s): David Muronda and Marian Tukuta

September 2016

Factors affecting bank profitability in Europe: An empirical investigation

The aim of this paper was to explore the relationship between bank-specific characteristics and profitability in European banking sector in order to determine the impact of internal factors on achieving high profitability. A regression analysis was done on an unbalanced panel dataset related to 28 European banks over the period of 2006-2015. The largest bank for any single country of the European Union was selected....

Author(s): Elisa Menicucci and Guido Paolucci

September 2016

CSR, sustainability and the fate of oil communities in the Niger Delta, Nigeria

The purpose of this paper is to critically examine oil multinational corporations (MNCs) and their corporate social responsibility (CSR) initiatives in Nigeria. Its special focus is to examine the fate of oil producing communities in the Niger Delta region and the long-term negative effect of oil extraction as well as the benefits of the oil companies’ CSR/community development initiatives. This paper employs a...

Author(s): Enuoh Rebecca Oliver, Iheanacho Joan M. and Ekpenyong E. Obo

August 2016

Effects of contributory pension scheme on employees’ productivity: Evidence from Lagos state government

This study critically examined some of the justification for the contributory pension scheme as part of its values and determined their implications for public servants productivity and pensioners welfare in Lagos State. The methodology employed to achieve these objectives was carried out through primary source of information and personal interview. The primary source involved field survey that consists of administering...

Author(s): Ahmed Ishola Kotun, Abayomi Olarewaju Adeoye and Nureni Sanusi Alaka

August 2016

Uganda’s agricultural export market choices: The interaction effect of export market information use

The study seeks to establish the interaction effect of export market information use on the relationship between international market selection and the choices of export markets for Uganda’s agricultural commodities. A cross sectional study format, heavily hinged on a hypothetic-deductive approach was adopted and the multiplicative effect was represented by Modgraph. The effect of systematic international market...

Author(s): Aaron Ecel and George. M. Lindi

August 2016

Post-reforms training needs of front-line managers at Indian power distribution companies: A middle managers’ perspective

The Indian power distribution companies (DISCOMs) adopted new technologies and commercial practices. The present study identifies the competency areas in which frontline managers (FLMs) need training in the Indian power distribution sector. A literature review was conducted to identify gaps. This process was then used to develop the questionnaires. Following a pilot study data involving 78 middle managers from 4...

Author(s): Suresh Vishwakarma and Ruchi Tyagi

August 2016

Bank specific factors and bank performance in the multi-currency era in Zimbabwe

The aim of the paper was to ascertain whether bank specific factors significantly impact on return on asset (ROA) as a measure of bank performance. This paper utilized quantitative methodology in ascertaining the relationship between bank internal features and bank performance in Zimbabwe. As all the variables are quantitative in nature, the researchers had no other option but to use quantitative method applying panel...

Author(s): Rabson Magweva and Norman Marime

July 2016

An e-service quality assessment of house rental websites based on the Kano model and Multiple Criteria Decision Making method (MCDM) in Taiwan

Amidst the advanced Internet and mounting popularity in network users, information transmission has become easily accessible to all. As a natural result, house leasehold websites have been mushrooming exactly like bamboo shoots after a spring rain. How can these websites better strengthen services to create more competitive edge? This is exactly the very motive behind the present study. According to the study results,...

Author(s): Chen-Yi Hsu and Szu-Ching Shih

July 2016

Perceptions of entrepreneurship education by engineering students of Modibbo Adama University of Technology, Yola, Nigeria

There has been emphasis on the study of entrepreneurship in tertiary institutions in Nigeria for both management and non-management students like those undergoing engineering programmes. While much work has been done to assess the relationship between the teaching of entrepreneurship and entrepreneurship intentions of recipients, very few studies have been carried out – especially in the Nigerian context –...

Author(s): Philip Udo-Imeh, Badiya Magaji, Ahmadu Hamidu, and Kabiru Yakubu

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