African Journal of
Business Management

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

AJBM Articles

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...


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

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

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

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

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

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

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

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

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

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

October 2016

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

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

October 2016

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

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

September 2016

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

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

September 2016

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

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

September 2016

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

Factors affecting bank profitability in Europe: An empirical investigation

September 2016

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

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

September 2016

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

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

August 2016

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

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

August 2016

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

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

August 2016

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

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

August 2016

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

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

July 2016

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

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

July 2016

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

Audit risk and corporate governance: Italian auditors’ perception after the global financial crisis

July 2016

This paper aims at analysing the most relevant factors for auditors when they estimate audit risk of their client company, and charge the client for it. We did so, by asking partners of audit firms to rate their agreement on the relevance of a set of audit risk factors drawn from the literature. In order to investigate further, we analysed results after the 2007-2008 financial crisis, for new client firms. We ended up...

Author(s): Chiara Demartini and Sara Trucco

Personal factors, psychological work climate, and role related factors as precursors of organizational commitment of records management employees in state civil services of Northwest, Nigeria

July 2016

The purpose of the present study was to find out if personal factors, psychological work climate, and role related factors are the precursors of organizational commitment. The study data were collected from a sample of 651 records management employees in State Civil Services of North-west, Nigeria, using a self-designed biographical and occupational questionnaire; a psychological work climate questionnaire adopted from...

Author(s): Kutu Jacob O and S.O. Popoola

Exploring rejection, acceptability and use of bond coins in Zimbabwe during the Multicurrency era

June 2016

The study explored the reasons of rejection, acceptability and usage of the bond coins by Zimbabweans as well as the challenges they faced in their usage. To achieve the overall aims of the study, an explanatory sequential design (ESD) of mixed-methods was used to explore the people and institutions’ views on the rejection and acceptability of bond coins in Zimbabwe.  A sample of 100 vendors, 60 commuter...

Author(s): Norman Marime

Study on the interactive mechanism of economic growth, inflation and capital markets using dynamic Bayesian factor graph

June 2016

With the deepening of economic globalization and financial liberation, capitalization degree can no longer be ignored for its influence on the relationship between economic growth and inflation. In consideration of the evolvement from the period of industrialization to economic financialisation of the U.S., through the Bayesian network learning of rolling time window, the study concentrate on the dynamic transmission...

Author(s): Xiaolin Lu,, Kun Guo, and Xin Tian,

Women and access to ICT: A case study of India

June 2016

Women account for a sizeable number of Information and Communication Technologies (ICT) workforce in India. This paper makes an attempt to find out women’s status in emerging areas of IT in India. This paper firstly tries to find out factors affecting women’s access to ICT education in India. It also tries to find out factors affecting participation in ICT employment. The paper addresses issues regarding IT...

Author(s): Ranjana Agarwal and Gunjan Malhotra

The socio-economic potential of under-utilized species to small holder farmers: The case of Khat (Catha edulis) in Ethiopia

June 2016

"Agriculture is an important part of Ethiopia’s economy constituting a significant proportion of it’s Gross Domestic Product (GDP) and total export earnings. The method of agricultural production in Ethiopia has led to increased deforestation and degradation. In order to reverse the trend, government of Ethiopia together with its development partners are in search of strategies to address the situation....

Author(s): Amos Gyau and Catherine Muthuri

Islamic versus conventional stock market Indices synchronization

June 2016

Few works are considered to the empirical literature on the performance of shariah stock market indices compared to those of conventional markets. This work deal with the analysis of business cycle synchronization of five Islamic and their corresponding conventional markets over the period 2000 and 2014. In this research, three different measures of synchronization were proposed: The pair wise correlation coefficients...

Author(s): Imed Medhioub and Mustapha Chaffai

Workplace spirituality and organizational commitment : A study on the public schools teachers in Menoufia (Egypt)

May 2016

Due to its significant impact on organizations’ survival and success, workplace spirituality has gained popularity in both academic and work environments over the last decade. This popularity has been created and maintained because of employees’ feeling of hyper stress and anxiety stemming from the very high demands and expectations imposed by their organizations. In reaction to such high targets, employees...

Author(s): Mohamed Mousa and Ruth Alas

Immigrant networks and social capital

May 2016

The book “Immigrant Networks and Social Capital” is a comprehensive research on social capital’s outcomes that aims to describe social networks patterns and social capital. It discusses the main issues of social connections patterns and social capital, and finally explains how networks patterns and social capital approaches can accounts for immigrant networks and outcomes. Therefore, the book is...

Author(s): Karimi Abdul Tamim and Sayed Nasrat

Foreign direct investment (FDI) and corruption: Is it a major hindrance for encouraging inward FDI?

May 2016

The study used panel data from 1998 to 2014 among 48 different countries to determine the relationship between foreign direct investment and corruption. For identifying the relationship, the study employed random effect model (REM), feasible general least squares method (FGLS) and panels corrected standard errors (PCSE). The results of the three panel estimation methods reveal that the variable of corruption is...

Author(s): Shakib Hossain

Early adopters of integrated reporting: The case of the mining industry in South Africa

May 2016

This study aims to investigate the structure and the content of Integrated Reporting, a new corporate reporting model that seeks to link financial and non-financial information disclosed by companies. This paper assesses the nature and extent of non-financial disclosures in corporate reports of the mining companies listed on the Johannesburg Stock Exchange. The methodological approach is Content Analysis with the aim of...

Author(s): Federica Doni, Andrea Gasperini and Pasquale Pavone

Strategic management in retail pharmacy: The case of Zimbabwean companies

May 2016

Retail pharmacies operating in developing and emerging nations are faced with a myriad of intractable macro-economic conditions including over-regulation, government interference, inept policy implementations and intensive competition. These conditions demand that retail pharmacies become strategic in their approach to business management in order to diminish the impact of macro-economic conditions conspiring to...

Author(s): Amon Simba and Zivanayi Nyandoro

Decision support model for supplier selection in healthcare service delivery using analytical hierarchy process and artificial neural network

May 2016

The healthcare industry today has grown rapidly and emphasizing the efficiency and effectiveness within the healthcare delivery systems has become a major priority in the field. In order to increase the satisfaction and safety of patient, hospitals must improve their overall performance. We established from our review that a number of models have been developed for supplier selection using diverse methods. Most of the...

Author(s): Stephen Gbenga Fashoto, Boluwaji Akinnuwesi, Olumide Owolabi and David Adelekan

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