African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4156

AJBM Articles

Institutionalism and development process of family firms in Kenya

December 2018

This paper uses institutional theory to investigate the nexus between institutional context and development of the entrepreneurial process in family firms (from start-up, development, and growth to innovation and corporate entrepreneurship), focussing on the behaviour patterns of entrepreneurs. A qualitative case study methodology was used to examine 60 cases over a one-year period. Thirty of these cases were from two...

Author(s): Elijah Bitange Ndemo  

Factors influencing project selection in the renewable energy sector of Zambia

December 2018

The purpose of this paper is to investigate the factors that influence decision making in the selection of projects in renewable energy sector of Zambia. Project selection and development of a portfolio of projects in line with corporate strategy is an important task of decision makers in the renewable energy sector of both public and private organizations. The selected projects have to meet the appropriate time frame...

Author(s): Percy Jennings Saili and Balimu Mwiya  

Factorizing towards the prime determinants of job satisfaction: An integrative modeling across PCA and logistic regression

December 2018

In recent years, job satisfaction has been seriously taken as one of the top priority concerns in developing countries, since the living standards of the people have been improving. The overarching aim of this study is to identify the top most determinants of job satisfaction among employees of Abay bank using a sample of 150 employees working in Addis Ababa. A combination of principal component analysis (PCA) and OLR...

Author(s): Timkete Aleme  

Corporate social responsibility: An approach to peace?

December 2018

The responsibility to promote sustainable development should be a joint effort among government, industry and other organizations. They can share the responsibilities and commitments that countries have with regard to the ratification of the global plans of action, such as Agenda 21, Kyoto Protocol and Agenda 2030. Delai and Takahashi (2012) explain that the Corporate Social Responsibility (CSR) is the approach to...

Author(s): Alvany Maria dos Santos Santiago, Pamela K. Robinson and José Celio Silveira Andrade  

Exploring the determinants for a successful family entrepreneurship: Empirical evidences from Punjab Province

November 2018

Family businesses are the main entrepreneurial powers of today in the global economy, but the low survival rate is the main concern all over the world. Family entrepreneurship is the most successful business, where assets, personal involvement, and hired temporary employees help to improve the success of the business. Family businesses contribute about 45-75% to Gross Domestic Product (GDP) and provide job opportunities...

Author(s): Muhammad Shahid Naseer, Muhammad Nazam, Mahmood Ahmad Randhawa, Manzoor Ahamd, Asif Maqbool, Masood Ahmad Khan and Muhammad Umar Ayub  

The influence of ethnocentrism and Halal trust on attitudes toward products from non-Muslim countries: A study of Moroccan consumers

November 2018

Several studies show that the consumer ethnocentrism is capable of influencing consumption patterns both in terms of negative impact on consumer attitudes toward foreign products and positive influence on the intention to purchase domestic offers. The study extends the investigation of this research area toward Muslim countries, analysing the impact of interactions between consumer ethnocentrism and halal trust on the...

Author(s): Giada Mainolfi and Riccardo Resciniti  

Entrepreneurship in the rural context: Practical reflection on success and innovation

November 2018

Given the important role that entrepreneurship plays in the economy, it is desirable that entrepreneurs succeed. However, there is a noticeable trend of rural entrepreneurs migrating to urban areas. This study aims to ascertain the factors that contribute to entrepreneurial success. Using quantitative methods fifty respondents participated and data was collected using questionnaires. The collected data was analysed and...

Author(s): Vukosi Autis Mkhavele and Thembie Ntshakala  

Is there a weather effect? Evidence from a panel of emerging countries’ stock markets

November 2018

A long history of psychological studies has postulated that good (bad) weather induces a positive (negative) mood. Other studies have concluded that mood can influence humankind decision-making process under risk and uncertainty. Several behavioural finance studies have raised the question of whether sunshine, temperature or other weather variables exert an impact on stock prices by affecting the behaviour of market...

Author(s): Massimo Mariani and Fabio Pizzutilo  

The impact of open innovation practice on innovative performance through intellectual capital: Empirical study on SMEs

October 2018

Open innovation (OI) practices and intellectual capital (IC), though from developed countries and large firms’ perspective, are related to higher innovative performance. But the influence of OI paradigm on IC and consequently on firms’ innovative performance in the context of developing countries is not yet sufficiently explored. This study examined the link between OI practice and IC and their influence on...

Author(s): Gebremichael Hailekiros Sibhato  

Building brands through experiential events: When entertainment meets education

October 2018

Experiential marketing is increasingly getting companies’ attention as a strategy to interact with consumers and engage them to better convey their brand image and positioning. However, its effects are still unclear both at the aggregate and individual levels. This paper addresses this topic and presents a field experiment investigating the effects of experiential marketing on brand image in retailing. Two similar...

Author(s): Michela Addis, Giulia Miniero and Francesco Ricotta

Assessing the extent of compliance with IAS 41 by agricultural entities in Southern Malawi

October 2018

The paper assesses the extent to which Malawian agricultural entities are complying with recognition and measurement requirements of IAS 41-Agriculture, for their agricultural produce and biological assets. The purpose of the paper is to investigate the extent to which Malawian agricultural entities are using the fair value accounting model proposed in IAS 41 for measuring their agricultural produce and biological...

Author(s): Nelson Ndala  

Performance, financing decisions and corporate governance of Italian medium and large private family firms

October 2018

This empirical study examines the relationship between financing decisions and corporate governance on the one side and firm performance on the other, concerning Italian large and medium private family firms. Tax-aggressive practices are not used to avoid a deprivation of socioemotional wealth, in terms of diminished reputation, caused by a possible tax-related lawsuit. Due to the low risk perception and most likely the...

Author(s): Oscar Domenichelli  

Altruism towards others and sustainability intention of small business owners

September 2018

Though, small businesses are vital globally, they contribute to environmental and social challenges such as deforestation, pollution, use of polythene bags, poor working conditions, child labour and health hazards. Thus, it is vital to understand the concept of sustainability intention of small business owners. The purpose of this study therefore was to assess how altruism towards others influences sustainability...

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

Forward-looking information in integrated reporting: A theoretical framework

September 2018

The purpose of this paper is to theorize a comprehensive theoretical framework for describing forward-looking information (FLI) practices of companies. The paper aims to discuss the theories usually applied to explain voluntary disclosure in literature and the interrelated theoretical perspectives regarding the role of voluntary disclosure in integrated reporting. Four relatively most common theories in disclosure...

Author(s): Elisa Menicucci and Guido Paolucci

Assessing the impact of Chinese foreign direct investment on economic growth in sub-Saharan Africa

September 2018

This study was conducted to assess the impact of Chinese outward foreign direct investment flows on economic growth in sub-Saharan Africa. The design used was a longitudinal study. The analysis used was existing data on 37 sub-Saharan African countries between 2003 and 2011. Two balanced panel regressions were estimated using time and country fixed effects, respectively. The estimations suggested that Chinese foreign...

Author(s): Mamadou Saliou Kokouma Diallo, Jingdong Luan and Hawaou Diallo  

Effect of simplified licensing on registration and formalizing of start-ups in Mozambique

September 2018

The Mozambican Government has long realized that the only way to solve the unemployment problem is by encouraging entrepreneurship amongst the youths through the formation of small enterprises. Legally operating enterprises will also contribute to the government’s coffers through taxations, exercise duties and contributions to the provident fund. The government introduced two accessible licenses for small firms...

Author(s): Alen Sawaya and Shepherd Bhero  

The antecedents of innovativeness in small and medium manufacturing enterprises in Kenya: A critical review of literature

September 2018

Innovation has been accepted as a key stimulus for growth. This is more so with SMEs which are widely acknowledged as being a significant driver in economic growth. In a review of over 90 peer reviewed journal articles and conference papers; this paper brings together different arguments that have been made in explaining the antecedents for innovativeness. This is a critical review of the literature with respect to...

Author(s): Mkalama B. W., Ndemo B. E. and Maalu J. K.

Chinese Investment in Bangladeshi RMG Sector: Challenges and Opportunities

August 2018

Ready Made Garments (RMG) sector is one of the most potential sectors of earning foreign capital to improve economic growth. Bangladesh is the great place for Chinese investors to invest in RMG sector as its export trend is increasing day by day. The main objective of this research paper was to find out opportunities and challenges of Chinese investment in Bangladesh. Data were collected from different secondary...

Author(s): Mir Sohrab Hossain, Nusrat Zahan Lopa and Md. Saidur Rahman  

Measuring employee performance in Gweru and Kwekwe city councils in midlands province, Zimbabwe

August 2018

For organizations to measure the performance of its employees there is a need to have key performance indicators and performance standards set.  The current study at Gweru and Kwekwe City Councils in Zimbabwe assessed eight (8) performance aspects, which are quality work, employee output, communication and dependability (customer), controlling of costs (financial), planning, team working, problem solving and...

Author(s): Vonai Chirasha, Crispen Chipunza and Lewis Dzimbiri  

How do teams become effective? A literature review and implication for Ethiopia

August 2018

Teams have been recognized as the heart of organizations in previous decades and proved to be so in the current situation. However, in recent years different global forces have pushed organizations to their limit and forced them to restructure work and teams. Thus, this paper reviews articles on team effectiveness from 2000 to 2017 with the help of Google Scholar Search Engine using key words “teamwork” and...

Author(s): Mohammed Abdulnasir Abdulmelike

The innovation of local public-sector companies: Processing big data for transparency and accountability

August 2018

New Public Governance (Klijn, 2008) is the basis for our analysis of the group of public-sector and public service companies. It has furthered the involvement of citizens and of political governance in the management of resources (Boston and Pallot, 1997; Northcott et al., 2012). In order to manage the group while remaining accountable and guiding production choices, it is essential to have an overview and a guarantee...

Author(s): Paolo Pietro Biancone, Silvana Secinaro and Valerio Brescia  

Determinants of growth of private investment in Jimma City, Ethiopia

August 2018

Private investment is one of the mainsprings of economic growth. Jimma city has been identified as the low private investment activities in the development and growth of the economy. Thus, the objective of this study is to explain the determinants of private investment in the city. In an attempt to achieve this objective, data was collected through self-administered questionnaire from 171 sample respondents through a...

Author(s): Tigist Waktole and Mekonnen Bogale  

Move your Business Forward with Harvard

August 2018

The CEIBS-Harvard Executive Program celebrated its 2nd Edition with the slogan: Move your business forward with Harvard. Executives can move their businesses forward through this annual executive program. The program took place from July 21st to 27th, 2018, at the Harvard Faculty Club in the prestigious city of Cambridge, Massachusetts.  

Author(s): Marisa del Pozo Lite  

Untangling the concept of entrepreneurship towards a common perspective

July 2018

There continues to be a lack of a commonly agreed perspective of entrepreneurship despite the concept being studied for a long period of time. Definitions of the concept and constructs of study in the field have depended on the researcher’s conceptualisation of what constitutes entrepreneurship and as a result there are variations in the study focus and measurement of entrepreneurship. An analysis of literature...

Author(s): Charles Mwatsika, Patrick Kambewa and Levison Chiwaula  

Pathways to the poor in Swaziland: What is the nature of micro insurance channels and distribution strategy?

July 2018

When distribution is neglected, micro insurance fails. This considered, the objective of this study was twofold – to explore the nature of micro insurance distribution channels and to understand the distribution strategy of a commercial insurance company in Swaziland. Using interviews with the senior managers of a commercial insurer and its distribution partners, this study generated in-depth qualitative data on...

Author(s): M. Kanyangale and M. Lukhele  

Modelling the relationship between innovation, strategy, strategic human resource management and organisation competitiveness

July 2018

Several studies have been conducted to establish the link between strategy, human resource management (HRM) practices and organisation performance, yet no study has explored the alignment between strategy, innovation, strategic HRM and their impacts on organisation competitiveness. Therefore, the present study sets out to align strategy, innovation, strategic human resource management (SHRM) and organisation...

Author(s): J. E. Agolla  

Prototyping an innovative e-platform of financial assistance for small medium enterprises in Mauritius

July 2018

The SMEs form a vibrant pillar of the Mauritian economy through their important contribution to Gross Domestic Product (GDP) growth and socio-economic development. SMEs are recognized for their significance and their resilience in responding to fast changing conditions, even in times of the economic downturn. This paper aims to address financial illiteracy among Mauritian SMEs by proposing an integrated financial...

Author(s): Padachi K., Narrainen D. and Boolaky A.  

Attaining competitive advantage through energy efficiency: A cooperative strategic perspective

July 2018

The Kenyan economy in the recent past has witnessed a considerable exit of multinational companies due to high-energy costs. Similarly, a comparative analysis among the East African community partners places the country among the list of those nations with high-energy charges levied on consumers. This phenomenon disadvantages the competitiveness of local industries while discouraging potential players. This is...

Author(s): Kiptum Henry Yatich  

Diversity management discourse: An African perspective

July 2018

This paper reviews the concept of diversity across selected sub-Saharan Africa countries. It focuses on the impact of social relations that depict cultural and social identities of individuals within these African countries. This is with the aim to help corporations develop diversity management strategies for their workforce. Consequently, this narrative paper adopts a qualitative approach, a literature survey that...

Author(s): Loliya Akobo and Osikwemhe Damisah  

Realizing energy management practices as a competitive strategy among manufacturing firms in Kenya: An alternative outlook

June 2018

The Kenya’s Energy Management Regulations (2012) spells out a raft of actions that consumers of electricity and petroleum products can implement so as to enhance energy efficiency, reduction of energy costs and creation of surplus for distribution. However, few manufacturing companies have carried out implementation. The regulations create avenues for enforcements and promotion of energy management practices...

Author(s): Kiptum Henry Yatich  

Does sustainability foster the cost of equity reduction? The relationship between corporate social responsibility (CSR) and riskiness worldwide

June 2018

The relationship between sustainable practices and a firm’s financial performance is an open debate among academics, managers and investors worldwide. Despite large literature in the field of corporate social responsibility (CSR) and corporate financial performance (CFP), there is still a lack of unanimous consensus around the impact of sustainability on a firm’s economic achievements. This study aims to...

Author(s): Antonio Salvi, Felice Petruzzella and Anastasia Giakoumelou  

Innovation team composition: The enabling role of the individual emotive outlook

June 2018

Despite increased attention to innovation teams in the workplace, composition criteria for implementation success remain unclear. This paper aims to provide a multi-disciplinary perspective on the psychological characteristics of innovation team members. This pragmatic, mixed-method convergent parallel design study examines and compares the emotive outlook profiles and patterns of successful and unsuccessful innovation...

Author(s): Christina Swart-Opperman and Kurt April

Effect of European audit firms on cost of debt and earnings management in private clients’ audit market segment

June 2018

This research studies the relation between audit firm choice and benefits that companies could gain in terms of lower cost of debt and ea rnings management. It focuses on private clients and the non-Big4 audit market segment, where the main driver of auditor choice has not to date been satisfactorily identified. This study identifies and tests a new criterion for auditor choice in private firms based on audit market...

Author(s): Stefano Azzali and Tatiana Mazza  

Influence of women entrepreneurs’ characteristics on personal well-being in Arumeru District in Tanzania

June 2018

This article tests the hypothesis that women entrepreneurs’ socio-economic and demographic characteristics have no significant influence on women’s personal well-being, using quantitative approach with a random sample of 180 women. The article adopts the cross-sectional research design using a structured questionnaire administered to women entrepreneurs. Non-entrepreneurs were also involved for comparison...

Author(s): Samwel J. Kabote  

The value relevance of consolidated and separate financial statements: Are non-controlling interests relevant?

June 2018

This paper aims to analyze the value relevance of financial statements prepared according to International Accounting Standards (IAS)/International Financial Reporting Standards (IFRS). The study focuses on two of the different sets of accounts presented by companies: the parent company financial statement and the consolidated version. We have developed a panel data from a sample of Italian listed companies by...

Author(s): Francesco Sotti  

Effect of e-tax filing on tax compliance: A case of clients in Harare, Zimbabwe

June 2018

There is underutilisation of electronic tax filing systems in tax agencies despite presence of electronic tax administration systems. The objective of this study was to find how this has influenced tax compliance. Data collection was mainly through a questionnaire. Analysis of data was done through SPSS Version 20 and Excel. The study concluded that electronic filing system actually influences tax compliance. The study...

Author(s): Sifile Obert, Kotsai Rodgers, Mabvure Joseph Tendai and Chavunduka Desderio  

Gender balance on boards and corporate sustainability for the 2030 Agenda

June 2018

The top management characteristics can have an impact on corporate strategic goals and actions. The board diversity, with particular reference to gender issue, can influence Corporate Social Responsibility (CSR) and company’s strategies toward a business model more oriented to sustainability. According to this this theoretical framework, two issues about women on boards and CSR are presented in this study: the...

Author(s): Francesca Gennari  

Key factors affecting deviant workplace behavior

May 2018

Deviant behaviors manifest in many organizations and all occupations. Deviant behaviors in the workplace may originate from organizational norms and proclivities for self-benefit. The organizational culture influences employees’ attitudes. Employees internalize the organizational culture, which transforms their personal attitudes and influences their positive and negative behaviors towards the organization. This...

Author(s): Shao-Ping Wang, Miao-Sheng Chen and Mou-Jian Li  

Determinants of risk disclosures in Kenyan listed companies

May 2018

The main objective of this study was to examine the relationship between risk disclosure and firm characteristics of companies quoted on the Nairobi Securities Market. The study involved all firms that were listed on the NSE between years 2010 and 2016, except the financial institutions. Annual reports were used to determine the variables. A regression analysis was conducted using the random effect model to determine...

Author(s): Muturi Wachira  

The joined-up strategic planning of cultural service provision: What are the routes of accountability?

May 2018

The debate on accountability in collaborative working for public service delivery is still opened. However, the literature shows research challenges in extending knowledge on critical issues on routes in which accountability are adopted in the Joined-Up Government. This is the reason why public management literature focused on case studies within joined-up services provision. Notwithstanding, an extended understanding...

Author(s): Michela Magliacani  

Financing challenges of smallholder farmers: A study on members of agricultural cooperatives in Southwest Oromia Region, Ethiopia

May 2018

Smallholder agriculture plays a great role in food self-sufficiency, employment creation and economic growth. However, studies conducted in Ethiopia indicated that access to finance and input/output marketing are two of the critical problems affecting the productivity of smallholder agriculture in the country in general and in Oromia regional state in particular. The main objective of this study is to investigate how...

Author(s): Deresse Mersha and Zerihun Ayenew  

Forecasting and preventing bankruptcy: A conceptual review

May 2018

The recent global financial crisis has caused the failure of many firms in several countries, renewing the interest of the literature towards forecasting models for default risk. Although these models have been developed since the 1960s, studies have been published in increased numbers during the last decades, proposing new approaches or comparing different existing models to understand which of them have the best...

Author(s): Marco Bisogno, Marialuisa Restaino and Alfonso Di Carlo  

The research of innovation efficiency of government’s fund and enterprises’ R&D investment in China

May 2018

In this paper, the panel data of China from 2003 to 2012 and stochastic frontier and threshold regression models were used to analyze the impact of government’s fund and enterprises’ research and development (R&D) investment on China’s innovation efficiency and the optimal intensity of different R&D investment and their interval analysis. This research indicates that in the process of...

Author(s): Xiaobing Liu, Manhong Liu and Rong Shi  

Effects of employees’ commitment on organizational performance at Arjo Didessa Sugar Factory

May 2018

Presently, no organization can perform at peak levels unless each employee is committed to the organizations objectives. Hence, it is important to understand the concept of commitment and its feasible outcome. The employees in sugar industry play decisive role in transferring the theory to practical in order to enhance development of industry.  The objective of this study was to determine the effects of employee...

Author(s): Dinku Gilo Tolera  

A study on the community online to offline (O2O) operation model in Nanjing

April 2018

This study aims to study the online to offline (O2O) operation pattern of Chinese E-commerce and its features; analyze the current development and existing problems of Chinese O2O operation pattern; and explore the domestic O2O development layout of communities in Nanjing. Both qualitative and quantitative analyses are applied in this work. For the quantitative analysis, questionnaire was distributed to some consumers...

Author(s): Jing Wei

Peer pressure and its influence on consumers in Taiwan

April 2018

The social influence in the form of peer pressure is prevalent in many countries across the globe. Peer pressure is the influence of a group on behaviors of individual members of that group such that the individuals tend to follow what everybody does. In the field of business, understanding consumer’s interest is of paramount importance and therefore understanding peer pressure can be a useful tool to persuade...

Author(s): Shu Chun Chang and Trong An Nguyen

Rigidity and performance threshold: How routinization process affects dynamic capabilities

April 2018

Dynamic capabilities view has been considered vital to the long-term survival and adaptation of organizations in dynamic environments. Although, rich literature has probed into how dynamic capabilities are able to address organizational inertia issues and facilitate change, there are still heated debates on questions on dynamic capabilities’ heterogeneity and performance. Current thinking was integrated in major...

Author(s): Qiguo Gong and Zhiyuan Shang

Is integrated reporting a new challenge for public sector entities?

April 2018

Integrated reporting (IR) is a new communication tool that is gaining increasing attention among scholars, practitioners, and standard setters in both the private and public sectors. Therefore, it is important to discuss the suitability of the framework proposed by the International Integrated Reporting Council (IIRC). This paper offers some reflections based on case studies of public entities that differ in terms of...

Author(s): Francesca Manes-Rossi

Effect of Chinese outward foreign direct investment on international trade of Africa

April 2018

This article aimed at analyzing the relationship between foreign direct investments from China and the international trade of African countries. International trade was found to be affected by the degree of openness of the economy, the level of exports and the level of imports. The findings were brought out by using a Vector Error Correction Model in a cylindrical panel of 52 African countries on a period going from...

Author(s): Wang Aihu and Adolphe Bertrand Chedjou

Two case studies to explore pros/cons and to assess applicability of Nexus maturity model

March 2018

Nexus maturity model, which is created as a structured gradual guideline for the companies wishing to adopt Nexus framework, is a new model, so the main purpose of this paper is to assess the model. Moreover, to explore pros and cons of the model to enlighten the researchers and implementers in the industry is aimed. Two case studies were conducted to collect data and to test three hypotheses. The second case study was...

Author(s): Purnur Firat and Esin Can

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