African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4194

Table of Content: 19 September, 2012; 6(37)

September 2012

The prevention of over-indebtedness: The problem of interest and the Islamic response

The current system of lending and borrowing on interest is to a large extent responsible for the present economic woes of the Western capitalist world. In a credit agreement, there is invariably an inequality between the credit lender and credit borrower in an agreement for the loan of money. Given the considerable imbalance, many South African consumers have concluded unaffordable credit contracts, which have resulted...

Author(s): Nico P. Swartz

September 2012

Using Wagf as an Islamic economics institution to present a model of Islamic microcredit compatible with Shia Figh

This study tries to introduce a model for Islamic micro finance which uses Wagh institute as its origin. In fact, by introducing the Wagh as an important and historic Islamic economics institution, the Fighi possibility for using Waqf in Islamic microfinance is analyzed. In addition, a model for Waqf-based Islamic microfinance is proposed which is in harmony with (and suitable for) Iranian Islamic banking system. In...

Author(s): Hossein Meisami, and Ali Hasanzadeh,

September 2012

Stress management through ‘yoga practices’ in the corporate sector

In today's era of globalization where there is a lot of competition, innovation and change executives in all organizations cannot avoid tension, stress and anxiety in their day-to-day work. Only hardworking, disciplined, punctual and mentally alert executives can survive the work pressures and strike a balance between work life and personal life. They are exposed to stress and tension for long periods which may...

Author(s): S. D. Sharma, Anjali Chauhan and Swati Khanna

September 2012

The influence of dealers’ referent power and legitimate power in Guanxi distribution networks: The case of Taiwan's SME firms

The received wisdom in the Chinese world is that in order for a firm to succeed in business, it has to be plugged in guanxi– a social network of connections that characterize the Chinese way of conducting business. Nevertheless, scant attention is given to the empirical investigation of the influence of dealers’ referent power and legitimate power on SME manufacturers’ individual relationship...

Author(s): Richard Chinomona      

September 2012

An examination of the relationship between participatory management and employees’ productivity of Agricultural Extension Management: A case study of Ilam, Iran

The main purpose of this study is to determine the relationship between participatory management and employees’ productivity of Agricultural Extension Management. This research was carried out based on a descriptive-survey research method. The statistical society of this study comprised all staff of the Agricultural Extension Management of Ilam Province, Iran. A sample size of 37 staff was chosen with the help of...

Author(s): Bagher Arayesh and Ali Noori

September 2012

Using the data envelopment analysis (DEA) model to evaluate the operational efficiency

The purpose of this study is to implement a measurement of performance methods for the ocean freight forwarder. It also intends to identify various factors that significantly affect the operational efficiency of the operation of ocean freight forwarder. This paper is the first attempt to apply data envelopment analysis (DEA) to develop performance measurement for ocean freight forwarder as an example in the competitive...

Author(s): Horng-Jinh Chang and Ling-Chu Liao,

September 2012

Valuable, rare, inimitable resources and organization (VRIO) resources or valuable, rare, inimitable resources (VRI) capabilities: What leads to competitive advantage?

The resource-based view (RBV) argues that valuable, rare, inimitable resources and organization (VRIO) lead to competitive advantage. Dynamic capabilities (DC) are a comparatively new field and the related literature is mainly conceptual. Capabilities can be considered as the firm’s routines and processes. We argue that the “O” in VRIO refers to DC. DCs are the “organization” needed to...

Author(s): Nuno Cardeal and Nelson António    

September 2012

An investigation into the determinants of HIV-related stigma in the workplace: A case of service staff in the Eastern Cape

The far reaching implication of HIV-related stigma in the society shows that it has undoubtedly become more dangerous than the pandemic itself. The workplace, like any other institutions, is not immune to disastrous implications of HIV-related stigma. Given that HIV-related stigma is a complex social phenomenon which is sometimes moulded by cultural and contextual factors; this paper seeks to investigate the potential...

Author(s): Tasara Mazorodze    

September 2012

Relationship between stock liquidity and stock price changes rate

The relationship between stock liquidity and price change was researched in this paper by using data collected from Tehran Stock Exchange July to September 2010. Since this ratio could make a separation between the trading behaviors, it is important for the stock market authority to consider in assessing the market. Hypotheses were examined through correlation test about daily and monthly data. A correlation coefficient...

Author(s): Farzaneh Heidarpoor, Ali Rouhi and Kheironnesa Faraj Mashaei   Department of Accounting, Islamic Azad University, Central Tehran Branch, Iran.    

September 2012

Cloud computing adoption: Control objectives for information and related technology (COBIT) - mapped risks and risk mitigating controls

Cloud computing has emerged as one of the most hyped information technology topics of the decade. Little guidance is given to prospective consumers of the cloud computing services who may not possess technical knowledge, or be interested in the in-depth technical aspects aimed at information technology specialists. The aim of this study is to inform enterprise managers, who possess business knowledge and who may...

Author(s): Zacharias Enslin

September 2012

An investigation of techniques for testing structural stability in banks: A comparative study

There has been a revival of fundamental Islamic values in several countries throughout the world. The basic characteristic of an Islamic banking system is the prohibition of the payment or receipt of a predetermined interest rate which is considered usury. The Islamic system substitutes predetermined interest rate with the principle of profit-loss sharing, which transforms banks into equity-based firms. The principle of...

Author(s): Nico P. Swartz  

September 2012

University intellectual image impact on satisfaction and loyalty of students (Tehran selected universities)

Today, increasing need, boosting quality of services in each two sectors (state-run and private) at higher education centers has caused researchers to study the influence of quality of services on satisfaction of students. Here, the problem is that positive and negative emotions are formed in mind of customers and satisfaction of customer is a subjective affair. If experience of two customers on the same and equal...

Author(s): Bahram Kheiry, Bahareh Mohammadi Rad and Omid Asgari        

September 2012

The utilisation of “off time” by the modern South African business student: An exploratory study

This paper examines data information about the time-use patterns of students at the Business Faculty, Cape Peninsula University of Technology, Cape Town, South Africa. The objective was to find out what students actually do with the time that could potentially be allocated to their studies. This paper makes a substantive contribution in that it provides one of the first explorations into the importance of effort, as...

Author(s): A. A. Braam Rust

September 2012

Internet success for the small and medium hospitality enterprise: Influence of the owner or manager

Internet technologies have the potential to help small and medium enterprises (SMEs) enhance service quality, reduce costs, improve productivity, gain competitive advantage, and increase profitability. Empowered by technology, consumers are using the Internet as a tool to communicate and transact online. However, SMEs are noted for their limited usage of technological tools (for example, Internet...

Author(s): B. Mgijima and S. V. Flowerday        

September 2012

Cleaner production: Cases of the metal-mechanic automotive cluster of Serra Gaúcha, Brazil

Industrial production, allied to a vertiginous economic improvement for the last decades, has provoked negative impacts to the planet’s natural resources, which reflects on the quality of life of any society and its environmental health. Currently, humanity is facing extremely complex environmental problems, whose solution seems to be in applying a preventive environmental strategy, instead of implementing...

Author(s): Eliana Andrea Severo, Eric Charles Henri Dorion, Pelayo Munhoz Olea, Maria Emilia Camargo, Cristine Nodari and Marcia Rohr da Cruz      

September 2012

Quality choice of China’s domestic online game firms: Simulation and implication based on individual conjoint analysis

Through combining conjoint individual analysis and numerical simulation, we studied game behaviour among China’s online game firms and their quality choices. By calculating equilibrium of firms’ different quality choices in a simulated online game market, we drew two conclusions: (1) Liberal market environment will stimulate firms to provide games with high quality; either innovations on profit model or...

Author(s): Minghong ZHANG, Bin WANG and Shan ZOU