African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4188

Table of Content: 20 June, 2012; 6(24)

June 2012

Some issues on Murabahah practices in Iran and Malaysian Islamic banks

The purpose of this paper was to analyze the nature of Murabahah contract in the fully grounded Islamic banking system that is, Iran and Malaysia. The approach taken was descriptive. Although, the main principle of Islamic financial institutions is prohibition of usury, it is surprising to see that Islamic financial institutions are still practicing usury in their transaction as evidenced in Iran. In the case of...

Author(s): Gholamreza Zandi, Noraini Mohd. Ariffin and Alireza Shahabi    

June 2012

Public policy and fiscal federalism: Its impact on political stability in Nigeria

This paper examines fiscal federalism and its impact on political stability in Nigeria. Fiscal federalism as enunciated by economic analysis focuses on efficiency and welfare maximization in determining optimal authority. In practice, however, the construction of optimal jurisdictional authority is political and intervening exigencies have played major roles in shaping inter-governmental fiscal relations in Nigeria. In...

Author(s): Samuel C. Ugoh, Wilfred I. Ukpere and Ashiwhobel B. U.    

June 2012

Impact of organizational design on the success of human resource management (HRM): A case study of Serbian public services

In a society based on knowledge, human potential becomes the most significant factor in the creation of competitive advantage. In order to remain competitive, the companies need to possess, build and maintain human resources that become rare, indispensable and difficult to be copied. Therefore, in recent years, the interest in the field of human resource management (HRM) is increasing. This study is an attempt to...

Author(s): Borislav Kolarić, Slobodan Radojčić and Leposava Grubić Nešić    

June 2012

Data envelopment analysis under uncertainty: A case study from public healthcare

Since the last three decades, too many studies have been done in order to analyze the efficiency of health systems in developed countries, while only a few researches have attempted to apply data envelopment analysis (DEA) in the health centers in developing countries especially in Iran. One of the most important issues in healthcare systems is to measure the relative efficiency of similar units based on non-financial...

Author(s): Amir Reza Khaki, Seyed Jafar Sadjadi, Mohsen Gharakhani and Sadra Rashidi    

June 2012

Food for elderly people: Considerations of ethnographic contributions

This study aims to investigate how elderly consumers narrate their experience of food consumption. Through a qualitative methodology of "ethnographic inspiration", the study sought to understand how a group of elderly people construct meanings of consumption within their particular worldview. The content analysis of the interviews provided a set of findings relevant to a better understanding of the role played...

Author(s): Ivana Carneiro Almeida, Ricardo de Souza Sette and Daniel Carvalho de Rezende    

June 2012

Impact of job rotation on employee motivation, commitment and job involvement in banking sector of Pakistan

The purpose of this research is to find out, to what extent job rotation enhances employee motivation, commitment and job involvement working in the banking sector of Pakistan and in banks in general. Survey methodology was used for this research. 285 valid responses were generated from bankers working in seven major banks operating in province capital. Statistical package for the social sciences (SPSS) 16 was...

Author(s): Faizan Mohsan, Muhammad Musarrat Nawaz and M. Sarfraz Khan    

June 2012

Effects of imported technology on economic growth in Iran

In this paper, balance relation and long term of five variables: gross domestic product, net capital stock, employment, raw materials and intermediary goods and export and also their influences on each other in Iran for years 1975 to 2008 has been analyzed. For this purpose, vector autoregressive model (VAR) has been used. The first stability of variables by the use of dickey-fuller test has been examined. Next,...

Author(s): Mehdi Safdari, Masoud Abouie Mehrizi and Marzie Elahi    

June 2012

An inventory of marketing skills essential for tourism entrepreneurs: A 3-domain approach

This article postulates that specific marketing skills contribute to the success of a tourism entrepreneur. The purpose of the research was first, to identify the marketing skills that are critical to the success of tourism entrepreneurs, and secondly, to present findings and recommendations for increasing the effectiveness of skills development in tourism management higher educational programmes for the benefit of both...

Author(s): N. de Klerk, A. L. Bevan-Dye and A. Garnett    

June 2012

Corporate governance disclosure practices by Swaziland public enterprises

This paper presented an account of corporate governance disclosure practices by public enterprises in Swaziland. The study was an attempt to compare the findings to the corporate governance disclosure requirements constructed by the United Nations. Findings revealed that the idea of corporate governance disclosure in general is a relatively new requirement for Swaziland business organizations and, at present,...

Author(s): Kabir Md. Humayun and Ismail Adelopo    

June 2012

Inland container depot integration into logistics networks based on network flow model: The Tanzanian perspective

In response to increasing container volumes, congestion and capacity constraints; ports have embarked on implementation of inland container depots (ICDs) as capacity enhancement strategy. Determination of optimal routing of containers, depot location and number of depots to insert in the logistics network is a challenge faced by many ports today. This paper presents a network flow optimization model for container...

Author(s): Jovin J. Mwemezi and Youfang Huang    

June 2012

Analysis of the socio-economic factors that contribute to land and agrarian reform which initiated and supported small, micro, medium farming enterprises (SMMES) in South Africa

South Africa is amongst the developing countries with high prevalence of socio-economic challenges. These challenges include high levels of joblessness, poverty, food insecurity and malnutrition, particularly among rural and peri-urban poor people. Since 1994, the South African government has had a goal that the farming sector should play an important role in food security, job creation and wealth creation. This study...

Author(s): V. M. Mmbengwa, T. Ramukumba, J. A. Groenewald, H. D. van Schalkwyk, M. B.Gundidza and A. N. Maiwashe    

June 2012

Studying the effects of organizational culture, organizational structure, and information technology on effectiveness of knowledge management: Using Khorasan Regional Electricity Company as a case study

Nowadays many organizations wishing to survive and maintain their competitive position, have implemented knowledge management. But the implementation of knowledge management requires that different organizational factors in the organization like organizational behavior, organizational structure, and information technology have certain characteristics. In the absence of these features in organizational factors, the...

Author(s): Gholamreza Enayati and Mostafa Sayyadi Ghasabeh    

June 2012

Effects of psychological contract on organizational citizenship behavior: The mediating role of professors’ emotional labor strategy

The objective of this study was based on the social exchange theory (SET) to investigate the effect of psychological contract (PC) on organizational citizenship behavior (OCB) and the mediating effects of the professors’ emotion labor strategy (ELS) on the relationship between PC and OCB.  The sample was 504 professors randomly selected from 40 public universities in China. Measures of psychological contract,...

Author(s): Jiang Xuan and Dong Soo Park    

June 2012

A two-phase fuzzy decision-making method based on multigranular linguistic assessment

In general, the decision-makers or experts should evaluate and select the best alternative from the huge number of decision alternatives. Under this situation, it is difficult for decision-maker to make the right comparison between alternatives and choose the best one in a short time. The aim of this paper is to present a two-phase fuzzy decision-making method to deal with the kind of decision problems. In this paper,...

Author(s): Chen-Tung Chen, Ping-Feng Pai and Wei-Zhan Hung    

June 2012

Reverse analytic hierarchy process (AHP) to prioritize emerging IT technologies: A case study in Korea IT industry

This study aims to present prioritization judgment method for emerging IT technology selection in accordance with the analytic hierarchy process (AHP) methodologies. Emerging technology selection is an activity aimed at efficient investment of limited national resources. However, the term ‘emerging technology’ in itself is inundated with the uncertainties of the future. Moreover, as with other...

Author(s): Wanki Kim    

June 2012

A new two-stage data envelopment analysis (DEA) model for evaluating the branch performance of banks

The purpose of this paper is to provide a framework for evaluating the overall performance of bank branches in terms of profitability efficiency and effectiveness by means of a two stage data envelopment analysis (DEA) model. DEA is a linear programming problem approach for evaluating efficiency of decision making units (DMU) that have multiple inputs and outputs. In this paper, we use a two stage DEA model for...

Author(s): F. Hosseinzadeh Lotfi, A. Toloie Eshlaghy, M. shafiee, H. Saleh, H. Nikoomaram and S. M. Seyedhoseini    

June 2012

Marketers make every effort effectively supervising innovative product projects

This theoretical and empirical study presented a deeply analytical framework. Marketers effectively supervised innovative product quality involving innovative projects, especially aspect such as the design quality, and validated quality specification to meet customer needs. Thus, supervising the product quality and shipping schedule of innovative projects was the marketers’ work. The product design of innovative...

Author(s): Shuo-Yan Chou and Dayjian Chen    

June 2012

The importance of the management accounting system in the decision making process: Empirical evidence from Slovenia

The paper aims to make a contribution to existing management accounting literature from the perspective of a transition economy by exploring the design of the management accounting system (MAS) in the decision making process within Slovene medium-size and large companies. The study was performed on the basis of a questionnaire which was distributed in 1995, 2001 and 2006, focusing on information received by top and...

Author(s): Mateja Jerman, Slavka Kavčič and Bojana Korošec    

June 2012

Calendar anomalies: Case of Karachi Stock Exchange

Calendar anomalies can be defined as any irregularity or consistent pattern that cannot be defined by means of any accepted theory of finance. This study has been conducted to find out holiday effect and half month effect in Karachi Stock Exchange (KSE). Our data for this study has been obtained from KSE 100 index which is a capital weighted index and consists of 100 companies and represent about 86% of the total market...

Author(s): Nousheen Zafar, Syeda Faiza Urooj, Sumayya Chughtai, and Sohail Amjad,    

June 2012

A research on the problems and financial performance of banking sector in Northern Cyprus after global financial crisis

The Global financial crisis has been considered as different from the other crises ever lived in 20 year of time because of its effects on the Globe. In this context, it is crucial to predict to what extent the crisis, which started in financial markets, will affect the economies of the developing countries as well as the developed countries. Unfortunately, it is not possible for the banking sector to avoid all the...

Author(s): Okan Veli ÅžAFAKLI and ÇiÄŸdem EYYAM    

June 2012

An exploration of national tourism organization overseas office under one-China policy in Taiwan

This paper explores and analyses the typology of national tourism organization (NTO) under sensitive international relations. Taiwan, under its official name the Republic of China, lost its United Nations seat to “China” in October 1971, and has long been under the confinement of the One-China Policy. However, its impressive growth in economy and outbound tourism has attracted the attention of many political...

Author(s): Chin-Tsai Lin and Yeok-How Goay,    

June 2012

Culturally intelligent for satisfied workers in a multinational organization: Role of intercultural communication motivation

The interconnectedness of the global community required a highly diversified workforce as a result of equal employment opportunity. However, it was imperative that organizations ensure job satisfaction among their global workforce by providing a safe working environment in which workers could effectively apply their knowledge and skills and enhance their job performance. This study investigated the relationship between...

Author(s): Abdoukhadre Diao and Dong Soo Park    

June 2012

The relationship of training climate with perceived organizational effectiveness in a manufacturing factory

This empirical study aimed at exploring the relationship between training climate dimensions and perceived organizational effectiveness components. In order to do so, a questionnaire survey method was used to achieve the aforementioned aim. Data were gathered from a sample of 203 employees of a manufacturing company in Boroujen, Iran. The results show that with the exception of not significantly correlating the...

Author(s): Mohesn Golparvar, Amin Barazandeh and Hamid Atashpour    

June 2012

Enrolment management: The perspectives of university of the Western Cape, South Africa

Enrolment management is a comprehensive process designed to help achieve and maintain optimum student enrolment through recruitment, retention and graduation rates. Its goal is to manage the overall size and shape of the university, stimulate future enrolment growth and support the development of students, using a coherent and well-planned participation strategy that supports the university's mission, ethos and...

Author(s): Mukole Kongolo    

June 2012

The impact of antecedents supporting organizational innovation on employees’ psychological empowerment: An empirical study of Saudi and Jordanian industrial corporations

Various antecedents support the adoption of organizational innovation. Despite the extensive research on innovations, research focusing on how these antecedents affect psychological empowerment has remained thin. The objective of this study was to investigate the impact of six antecedents supporting organizational innovation (employee participation, training and development, organizational culture, incentives,...

Author(s): Abdullah A. Al Zahrani, Ahmad M. Zamil, Ahmad Y. M. Oraiqat and Nidal Alsalhi    

June 2012

Identifying and prioritizing effective factors in the performance based budgeting in telecommunications company with TOPSIS method

The purpose of this paper is to identify and prioritize effective factors in the performance based budgeting (PBB) in Telecommunication Company of East Azerbaijan, Iran. The participants of the study include 96 managers, vice-managers and employees of financial, administrative and budgetary units of the company. The tool for data collection in this study was a questionnaire that has 53 questions which was distributed...

Author(s): Asgar Pakmaram, Karim Esgandari, Hasan Babaei Koshteli and Majid Khalili    

June 2012

The creation of a department of sustainability: A case study on the role of internal networks

The present case study assessed the legitimation process for the creation of a department of sustainability in the Brazilian subsidiary of a multinational US company. Data obtained from direct observation, interviews, and documentations were used to describe communication flow and informal counselling, tacit knowledge exchange, the integration of multifunctional abilities, and trust relationships during the four-phase...

Author(s): Rogério Cerávolo Calia    

June 2012

Establishing an evaluation performance measurement model for the financial service sector

The study employs a multiple criteria decision making (MCDM) approach to evaluate the performance of wealth management (WM) banking. We first apply the balanced scorecard methodology to build a framework for WM banking and then provide a framework for the sub-criteria by applying the Delphi method. The empirical results reveal that the performance of WM banks in Taiwan is evaluated by applying the analytic network...

Author(s): Pei-Hsuan Tsai and Shun-Chiao Chang    

June 2012

Study of factors affecting internet shopping of Iranian customers and their ranking

Internet users have significantly increased worldwide in recent years. In the meantime, Iran, between 2000 and 2007, Iran had the highest users’ growth rate in the world (internet world stats, 2009), which indicates the need for more attention to e-commerce in Iran. However, successful development of e-commerce, especially internet shopping, will be possible only if factors affecting customers’ web-based...

Author(s): Hassan Esmailpour and Hossein Hajibabaei    

June 2012

The relationship between stock market volatility and macroeconomic volatility: Evidence from Pakistan

This study is based on examining the relationship between stock exchange market volatility and macroeconomic variables volatility with respect to Pakistan. To measure this time series relationship for Pakistan exponential generalized autoregressive conditional heteroskedasticity (EGARCH) and lag-augmented vector autoregression (LA-VAR) models were used. It was found that there is a positive relationship of consumer...

Author(s): Rizwan Mushtaq, Syed Zulfiqar Ali Shah, and Muhammad Zia ur Rehman