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

Midas touch or time bomb? A look at the influence of celebrity endorsement on customer purchase intentions: The case study of fast foods outlet companies in Harare, Zimbabwe

August 2017

Fast foods companies in Zimbabwe have been outcompeting and outclassing each other in using celebrity endorsers for their marketing communications. The study aimed to investigate the impact of celebrity endorsement on consumer purchase intentions. The study’s literature review was based on a copious of celebrity endorsement empirical and theoretical literature. The literature review also acted as bedrock for the...

Author(s): Jacob Shenje

Immigrant women’s entrepreneurship: Is there a development model in Italy?

August 2017

The aim of this paper is to verify if there is a typical enterprise model for the development of immigrant female entrepreneurship in Italy. Based on the literature on the subject, however, it is useful to ask the following research question: “can membership in a national and international network facilitate the development of immigrant female entrepreneurship operating in Italy”? The survey was carried out...

Author(s): Mauro Paoloni, Marco Valeri and Paola Paoloni

Influence of entrepreneurship education, technology and globalisation on performance of SMEs in Nigeria

August 2017

Dwindling oil revenue, high youth unemployment, very high foreign exchange rates and recession are the challenges that Nigeria is currently faced with. There is therefore the urgent need for diversification and resuscitation of the economy. Small and medium enterprises (SMEs) are thus an important tool to achieve this. How therefore can acquisition of entrepreneurship education skills; adoption and use of technology;...

Author(s): Yusuf Emmanuel

Company’s indebtedness trend for the growth and survival

July 2017

The purpose of this paper is to verify the impact of a series of company’s variables in small and medium-sized companies, which affect their debts degree. We referred to Giacosa (2015) and Broccardo et al. (2016) as a framework, which identified some company’s variables which impact on its financial structure. Our sample contains small and medium-sized enterprises, belonging to the Italian manufacturing...

Author(s): Elisa Giacosa and Alberto Mazzoleni

Women in business and social media: Implications for female entrepreneurship in emerging countries

July 2017

The aim of this study is to carry out a literature review on women in business and social media in order to know the state of the art, and to understand whether and to what extent the studies conducted so far have addressed these issues: how and why are women entrepreneurs and managers using social media? Do they use social media for marketing, networking or personal reasons? The article relies on a literature review...

Author(s): Francesca Maria Cesaroni, Paola Demartini and Paola Paoloni 

The role of logos in brand personality of organizations

July 2017

The purpose of the study was to examine the role of logos in brand image of banking institutions, and to examine whether consumers are influenced in anyway by the logos that banks use as part of their corporate branding. A stratified sampling was used to select 50 respondents. Questionnaires were administered to customers from Ghana Commercial Bank, Merchant Bank Ghana Limited, Standard Chartered Bank (Ghana) Limited...

Author(s): Martin Gyambrah and Sherry, Y. Hammond

Influence of microfinance services on entrepreneurial success of women in Sri Lanka

July 2017

This research studies the impact of microfinance services on the entrepreneurial success of users of such services who are mostly women of the lowest income categories. Three microfinance financial services namely, microcredit, micro-savings and micro-insurance have been identified through literature among other non -financial services. In this study, researcher has studied only the influence of financial services of...

Author(s): D. T. Kingsley Bernard, L. O. W. Lock Teng, Kevin and A. A. Khin

Socioemotional wealth and probability of financial distress

July 2017

This study analyzes a firm’s characteristics which affect the probability of financial distress. It takes into account accounting variables, ownership and management characteristics. In particular, it studies the effect of the ultimate controlling owner nature; that is, family or non-family control, on a firm’s likelihood to run into financial distress. This research focuses on a large sample of Italian...

Author(s): Pietro Gottardo and Anna Maria Moisello

Entrepreneurial intention among undergraduate agricultural students in Ethiopia: The case of Jimma University

July 2017

The basic objective of this study was to find out the entrepreneurial intention of undergraduate agricultural students in Ethiopia taking Jimma University college of Agriculture and Veterinary Medicine as a study area. Descriptive and inferential design was employed in the study. The stratified sampling techniques were applied to select respondents and in order to collect data, pretest self-administered questionnaires...

Author(s): Sultan Jemal

Impact of innovation on the entrepreneurial success: Evidence from Nigeria

June 2017

In the recent years, Nigeria has recorded an economic growth but with a trajectory which offers both positive and negative lessons regarding the innovation of business faced by many countries in Africa and elsewhere in the developing world. This study sought to test the relationship between innovation, the financial performance of company and firm’s competitive advantage. This was done through correlation and...

Author(s): Olu Dinesh Ojo, Marius Petrescu, Anca Gabriela Petrescu and Florentina Raluca Bîlcan

Accountability of local government authorities: A developing economy perspective

June 2017

The purpose of this study is to report the contribution of internal controls and managerial competencies on accountability of Local Government Authorities (LGAs). This study is cross sectional and correlational. Data were collected through a questionnaire survey of 73 sub counties from which 64 responded and the questionnaire was designed on a 5 point Likert scale. The study’s unit of analysis was a sub county....

Author(s): Veronica Mukyala, Juma Bananuka, Maureen Basuuta, Zainabu Tumwebaze and Lasuli Bakalikwira

Investor returns and “re-intermediation”: A case of PPDai.com

June 2017

Online peer-to-peer (P2P) lending is a nascent but burgeoning marketplace that is expected to transform the landscape of the finance industry. Although, this topic is crucial, studies on the performance of individual investors in the P2P lending marketplace are few. The majority of P2P lending platforms add more intermediation or platform-based investment to improve product offerings and market efficiency. However,...

Author(s): Pengzhi Zeng, Geng Peng, Yin Liu and Benfu Lv

Firm performance and economic crisis: Family versus non-family businesses in Italy

June 2017

This study investigates the performance of medium-sized family businesses – hereafter MSFBs – during the economic recession by comparing family and non-family firms, and correlating the organisational performance to the family ownership and firms’ solvency. An empirical research study was carried out on a sample of 128 Italian medium-sized businesses – hereafter MSBs - (76 family and 52...

Author(s): Francesca Maria Cesaroni, Denisse Chamochumbi and Annalisa Sentuti

The impact of corporate diversification on firm value in Kenya

June 2017

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

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

June 2017

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

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

May 2017

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

Does bank capital regulation affect bank value?

May 2017

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

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

May 2017

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

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

May 2017

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

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

April 2017

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

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

April 2017

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

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

April 2017

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

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

April 2017

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

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

April 2017

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

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

March 2017

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

All hands on deck: Employee engagement on cruise ships

March 2017

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

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

March 2017

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

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

March 2017

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

Factors influencing fixed asset losses in local government authorities in Tanzania

February 2017

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

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

February 2017

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

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

February 2017

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

Globalisation and Ebola disease: Implications for business activities in Nigeria

February 2017

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

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

February 2017

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

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

January 2017

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...

Author(s): KARIBO BENAIAH BAGSHAW

Leadership styles in organizations during harsh economic environments

January 2017

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

Assessment of ethical behaviour on organizational performance

January 2017

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

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

January 2017

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

Corporate social responsibility and family business: An overview

December 2016

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

Analysis of transport logistics challenges affecting freight forwarding operations in Malawi

December 2016

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

Predictors of effective change management: A literature review

December 2016

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

Selection of ocean container carriers: One country's perspective

December 2016

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

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

November 2016

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

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

November 2016

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

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

November 2016

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

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

November 2016

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

Information technology governance in Lebanese organizations

November 2016

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

Sustainability in the Brazilian rating system of housing means in Brazil

November 2016

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

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

October 2016

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

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

October 2016

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

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

October 2016

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

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