African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4193

Table of Content: 4 July, 2012; 6(26)

July 2012

Emerging nonstandard employment relations and implications for human resource management functions in Nigeria

The issue of nonstandard employment relations has become very common in most work organizations as a result of globalization and volatile labour market situation in Nigeria. However, the implications of the prevalence of this phenomenon on core human resource management (HRM) functions in organizations are rarely investigated by the industrial sociologists. Conceptualizing nonstandard work within the context of casual,...

Author(s): Emeka E. Okafor

July 2012

The effect of financial instruments usage on the value-relevance of earnings and equity book value: A panel data approach

This study explores the prediction that the pricing multiple on the earnings (equity book value) increases/decreases as the listed firms who have larger magnitudes of financial instruments usage after the SFAS No. 34 is enforced in Taiwan. The empirical result indicates that the relative value relevance of earnings variable increases for the active financial instruments users compared to firms who only moderately use or...

Author(s): Ching-Lung Chen and Chung-Jen Fu

July 2012

Using the multiple criteria decision making (MCDM) to evaluate the Fama-French three factors model

Fama-French three-factor model indicates the main factors affecting the stock returns for the market factor, the size factor and the book-to-market ratio factor, but did not specify the relative weights of the three factors and what sub-factors make an impact on the three factors. Therefore, in this article, we explore the part that the Fama-French three factor model does explain. By applying the multiple criteria...

Author(s): Shao-Bin Lin and Yi-Fang Hsieh

July 2012

Multi-criteria decision making of brand innovation

With the transition of globalization, competition among corporations has intensified due to the advancement of information technology (IT) and logistics. Taiwan has lost its competitive advantage of low cost owing to the rise of Brazil, Russia, India, and China (BRICs), the low production costs in these countries and the lack of natural resources in Taiwan itself. Therefore, Taiwan’s industrial structure should...

Author(s): Chen-Yi Hsu and Tzu-Lin Chang

July 2012

Group geometric consistency index of analytic hierarchy process (AHP)

The analytic hierarchy process (AHP) is a structured technique for dealing with complex decision- making and is already used to solve many group decision problems. This paper used the Cauchy-Schwarz inequality to improve the AHP algorithm that was developed by Escobar et al. (2004). They provided an upper bound for the group geometric consistency index in order to prove that the group geometric consistency index is less...

Author(s): Cheng-Tan Tung, Henry Chao and Peterson Julian

July 2012

The optimal inventory policies for the economic order quantity (EOQ) model under conditions of two levels of trade credit and two warehouses in a supply chain system

An inventory problem involves a lot of factors influencing inventory decisions. To understand it, the traditional EOQ model plays rather important role on inventory analysis. Although the traditional EOQ models are still widely used in industry, practitioners frequently question validities of assumptions of these models such that their use encounters challenges and difficulties. So, this paper tries to present a new...

Author(s): Shy-Der Lin and Kun-Jen Chung

July 2012

News arrival and volatility components: Oil and the stock markets

This study develops a two step method for investigating the impact of oil shocks on stock returns. Oil price volatility is monitored using structural change and regime switching. The jump model is then used to examine the spillover and asymmetric effects of oil prices on stock returns. Based on cross examination, a conclusive result is obtained, namely, when oil prices fluctuate significantly, asymmetric unexpected...

Author(s): Jer-Shiou Chiou and Pei-Shan Wu

July 2012

Women entrepreneurs: Discussion about their competencies

The aim of this research is to analyze the entrepreneurial competencies that characterize women in the Southeast region of Brazil, who face some financial limitations in relation to the day-to-day challenges of their businesses. The research is classified as exploratory, intending to explain the phenomenon studied based on the point of view of the research subjects. Seven female participants were involved in an...

Author(s): Vânia Maria Jorge Nassif, Tales Andreassi, Maria Jose Tonelli and Maria Tereza Leme Fleury

July 2012

The impact of critical business data on organizations

Organisations seem to assume that their employees understand what amounts to critical business data and that such data is appropriately protected. However, identification of critical business data is a rather complex undertaking and determines what data is protected in case of a disaster. Data is the company’s greatest asset and is continually under threat from human error, technological failure, natural disasters...

Author(s): Taryn Schwartzel and Ernest Mnkandla

July 2012

Strategy, competitive factors and performance in small and medium enterprise (SMEs)

The purpose of this paper is to determine which internal factors of competitiveness are applied by the most successful companies while implementing their competitive strategies. The complexity and dynamism of the current managerial environment calls for a thorough knowledge of organizations and of all the success factors they consider in order to compete in a market. To this end, an empirical, study was carried out with...

Author(s): Domingo García-Pérez-de-Lema, Esteban Alfaro-Cortes, Montserrat Manzaneque-Lizano and Regino Banegas-Ochovo

July 2012

Representing a combination algorithm (AHP and Kano) in order to prioritize effective factors on customer needs in e-banking: The case of Bank-e-Saderat of Tehran Province

This paper intends to present a combined algorithm proposed by Kano and data hierarchical analysis to prioritize indicators affecting customers’ needs in electronic banking because implementation of customer’s satisfaction measurement and survey as the most important indicator in performance improvement is considered an essential prerequisite for modern organizations in banking industry. Hence, in this...

Author(s): Younos Vakil Alroaia and Marzi Ardekani

July 2012

Research and development project evaluation based on an integrated common set of weights in data envelopment analysis and balanced scorecard approach

The objective of this article is to propose a new approach for evaluating research and development (R and D) projects in different stages of their life cycle. More recently, some researchers have proposed data envelopment analysis (DEA) as a tool for evaluating R&D projects. In order to eliminate the inconsistency caused by using different frontier facets to calculate efficiency, common set of weights DEA models...

Author(s): M. Nili. Ahmadabadi and S. Abbasian_Naghneh

July 2012

The practice of public relations within selected organisations in Durban, South Africa

This paper attempts to probe the practice of public relations within selected organisations in Durban, South Africa. Public relation is an important function of any organisation. It provides the avenue for the organisation to effectively monitor and interact with other key groups within the organisation. The most common disciplines that influence the function of public relations are communication;...

Author(s): Veena P. Rawjee, Dayaneethie Veerasamy and Zukiswa Gqamane

July 2012

Strategic management of profit centers in promoting “exhausted enterprises”

The purpose of cost and profit can not be obtained just about knowing the cost of products, it must consider the economic management of the enterprise to obtain the best balance between expenditure and utility which it creates. Studying the implications of management issues based on profit centers leads us to pay attention to the management of resources, because the optimization can be achieved only through careful...

Author(s): IACOB Constanta and GHEORGHE Cristina

July 2012

Modeling the relationships between customer participation and customer loyalty: The role of relationship benefits

Customers are playing an increasingly active role in the service industry and the importance of their participation is gradually been recognized. This study aims to develop and test a model for investigating, how customer participation enhances relationship benefits that help in winning customer loyalty. Using a self-administered questionnaire survey, 400 respondents from personal training industry were used for this...

Author(s): Ren Shuxia and Zhang Mingli

July 2012

Financial constraint, cash value and investment

The purpose of this study is to investigate relationships between financial constraint, cash value and investment. The study samples consist of 86 firms listed in Tehran Stock Exchange (TSE) for the period of 2006 to 2010 (430 year-firm). Three WW, KZ and KZIR indexes are used for determining whether firms have financial constraint or not. The results from the first hypothesis show that holding optimal level of...

Author(s): Saeed Darkhor and Younes Badavar Nahandi

July 2012

The evaluation of implementing the international organization for standardization (ISO) 9000 quality management system in medical setting: A study from a teaching hospital

International organization for standardization (ISO) published 9000 series of standards for quality management. This study aims to evaluate the effects of implementing ISO quality management system in hospitals. The sample hospital was a teaching hospital in central Taiwan. To investigate the nurses’ experiences in establishing ISO system, the questionnaires using 5-point Likert scales were designed according to...

Author(s): Tsung-Po Tsai, Hsiu-Chu Chen and Jar-Yuan Pai

July 2012

A study on business performance with the combination of Z-score and FOAGRNN hybrid model

The detection of business performance is to find out the soundness of business performance of an enterprise before the enterprise runs into any crisis or goes bankrupt in order to guard against any disaster before it happens. Generally speaking, when carrying out predicative analysis on business performance, most researchers adopt financial warning or credit rating mode. The data used are generally from events that have...

Author(s): Chang-Shu Tu Ching-Ter Chang, Kee-Kuo Chen and Hua-An Lu

July 2012

Designing dynamic model for measuring the effects of cultural values on Iran's economic growth

In recent years, analytical frameworks and empirical tools of economic culture and outcomes using closed developments led to the identification of methods and mechanisms that are culturally based on the economy that can be tested and may lead to economic growth and development. Considering the relationship between culture and economic growth in modern societies, this paper investigated the cultural values of Iran's...

Author(s): Farzaneh Chavoshbashi, Mohsen Ghadami, Zahra Broumand and Fatemeh Marzban

July 2012

Foreign direct investment and sectoral growth of Pakistan economy: Evidence from agricultural and industrial sector (1979 to 2009)

Weak economies strive hard to attract investments from their stronger counterparts. Foreign direct investment (FDI) is a buzzword in vogue for governments who face scarcity of capital to finance lucrative business projects. This present study is conducted to analyze the role of FDI on sectoral growth of Pakistan economy with special reference to agriculture and Industrial sectors for the period 1979 to 2009....

Author(s): Asmat Ullah, Mohib Ullah Khan, Shahid Ali and Syed Waqar Hussain

July 2012

Strategic tools in China/strategic tools: An investigation into strategy in practice in China

In the last decades, we have been observing an increasingly dynamic and turbulent environment, where change seems to be something unavoidable and ubiquitous. This scenario of permanent instability has boosted strategy significance since its object of study is the relationship between organizations and their environment. Besides, the increased complexity agonizes the limitations of human cognition and increases bias in...

Author(s): Hui He, Nelson António and Álvaro Rosa

July 2012

Quality public services dimensions model as a basis for better customer satisfaction management

In the paper, the importance of quality public services dimensions for achieving higher customer satisfaction is presented and explored on the example of Slovenian administrative units. Purpose of the research was to identify which quality dimensions are the most relevant for quality service delivery in Slovene administrative units in order to contribute to strengthening their customer satisfaction management. Survey...

Author(s): Massimo Manzin, Gordana Žurga and Boris Mrak

July 2012

Investigating the effects of capital on the productivity of industries: Evidence from Khorasan Razavi, Iran

This study investigates the relationship between capital stock and total factors productivity in Khorasan Razavi Province of Iran during 2003 to 2007. In this study, a brief definition and literature of productivity is assessed and the theoretical principles of productivity in domestic and foreign studies will be mentioned. The hypothesis of this study will be analyzed and tested with econometric models in form of...

Author(s): Hamideh Salimifar, Mostafa Salimifar and Mohammad Salimifar

July 2012

Lessons from the application of sustainability indicators to community-based ecotourism ventures in Southern Africa

Globally, human activities are under pressure to strive towards sustainability. This movement towards greater sustainability is influencing all aspects of our lives on a daily basis including our holiday and travel decisions. This paper presents a portion of the results and findings of a larger study which applied a series of sustainability indicators to a number of community-based tourism ventures across southern...

Author(s): Kevin Frank Mearns  

July 2012

Evaluation of accrual quality on the basis of accrual balance

This paper is aimed to assess the relationship between accrual quality balance and accrual quality. Since accrual quality is not directly observable, in the present paper, accrual quality balance (AQB) has been used as a representative of accrual quality. Then the resultant standard deviation from this model has been applied as a dependent variable in another model, and the relationship between this variable with four...

Author(s): Mohammad Sayrani, Azam Mohammadi and Arash Derakhshanmehr

July 2012

Planning approach in spatial development of cities and urban projects: Zeytinburnu and Hafencity experiences

Urban design throughout the world, is considered as a field of compromise between urban planning and architecture and as a tool that directs the urban development process. This article emphasizes the impact of the lack of definition of the implementation tools on the underdevelopment of urban design in Turkey. In recent years, especially in Istanbul, large-scale urban regeneration and renewal projects are not dealt...

Author(s): Bilge Ulusay Alpay

July 2012

The influence of green consumption cognition of consumers on behavioural intention - A case study of the restaurant service industry

Global warming and climate anomalies have caused green lifestyles and green consumption concepts to become topics of focus in recent years. In particular, how to apply these topics to the restaurant service industry has already become an important developmental trend in many countries. Restaurants account for the largest proportion of businesses in the restaurant service industry. The main purpose of this study was to...

Author(s): Ching-Yu Lien, Chih-Wen Huang and Horng-Jinh Chang

July 2012

Women entrepreneurs: Their problems and entrepreneurial ideas

Although the percentage of the women entrepreneurs is increasing day by day, it is still at low level and the survival duration of their workplaces is short. Therefore, in Turkey, there is a requirement for the researches and projects concerning how to be able to increase the number of the female entrepreneurs and improve their business management. The research sought answers to the questions: “What are the...

Author(s): Emine Yilmaz, Gülen Özdemir and Yasemin Oraman

July 2012

Hurtability: The lack of usability in products is hurting people –and why manufacturers must beheld accountable

The lack of usability (the easiness with which the user is able to perform her desired task using a system) may hurt people: a very distressful concept this study refers to is Hurtability. People should not be hurt by the products they buy. And certainly, the users are not the ones responsible for this lack of usability. Information and communication technologies have drastically changed society, and the pressure for...

Author(s): Cayley Guimarães and Diego R. Antunes

July 2012

Investigation on relation between personnel organizational commitment and banking services quality

Studying and determining the relation between personnel organizational commitment and quality of banking services at Eqtesad-e Novin Bank (EN) Bank of East Azerbaijan Province branch is the main objective of the present study. Staff and personnel of EN Bank of East Azerbaijan Province branch is the subject of the present study with 92 personnel. The sample volume has been selected as many as 72 personnel based on Morgan...

Author(s): Karim Esgandari, Romina Saalehpoor Bonab, Bahram Sarmast, Siruos Fakhimi Azar and Majid Khalili

July 2012

Review of interactions between e-commerce, brand and packaging on value added of saffron: A structural equation modeling approach

The structural equation modeling approach is widely used to analyze relationships and causation among manifestly observed and intrinsically latent variables, and control observation or measurement errors in economics, sociology, and psychology. The main objective of this study was to investigate the effects of three variables e-commerce, brand and packaging on the value added of saffron by using a structural equation...

Author(s): Daneshvar Kakhki Mahmoud and Farahmand Gelyan Kazem