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: 8 February; 6(5)

February 2012

Half a century of management by objectives (MBO): A review

This review paper presents the second half of the 20th century research of Management by objectives (MBO) approach. The relevant research is spanning over the last five decades and an approach to position representative common characteristics of this wide spectrum of studies, is implemented through their grouping into 15 main areas of application. The presented studies were analyzed, revealing the favourable areas of...

Author(s): Grigorios Kyriakopoulos

February 2012

Development measure of Iran’s provinces from the view point of having social-economic indexes

If we consider development as a relative affair, attempting to reach development is a definite one. Improvement and development are the primary goals of each organization, system and even each family and person. One goal of programmers and politicians is to accurately allocate and distribute facilities among areas. Another goal is to prepare and compile a suitable pattern to reach social and economic justice and to make...

Author(s): Jalil Khodaparast Shirazi, Alireza Rahman Setayesh, Mohoamd Raza Ghasami and Hamed Forougozar

February 2012

Quantity coordination of capacity cooperation in logistic service supply chain: A comparison study based on capacity matching constraint

Based on a two-echelon logistics service supply chain (LSSC) consisting of a functional logistics service provider (FLSP) and a logistics service integrator (LSI), a multi-period logistics service capacity coordination model with Stackelberg decision-making is put forward. With the software Matlab 7.0, simulation method is used in order to find the varying tendency of LSSC’s performance. The results shows that...

Author(s): Wei-hua Liu, Chun-ling Liu, Xue-cai Xu,  Xie Dong and Ge Meiying

February 2012

The strategic pathway to the rapid growth: Impact of strategic behaviors on the financial performance of very rapid-growth startups

Some 358 firms were listed in the Fortune 500 Index during a ten-year period beginning in 1993, and 44 startups among these firms were established after 1975. Four strategic behaviors were found to be highly associated with the rapid growth of these startups: diversification, mergers and acquisitions (M&A’s), strategic alliances, and niche marketing. The rapid-growth startups engage in more of these activities...

Author(s): Yim Hyung Rok

February 2012

Market timing, market conditions and seasoned equity offerings-some evidences from an emerging country

By testing the market timing and market conditions hypotheses, the present study investigated the drive of conducting seasoned equity offerings (SEOs) of TAIEX-listed companies. The result evidenced that firms with the higher ratio of market value to book value tended to issue SEOs (that is, utilization of overpricing). They have been less caring for change in market conditions (for example expected market returns,...

Author(s): Yih-Bey Lin, Jian-Fa Li and Cheng-Yih Hong

February 2012

Towards determination of interest spread of commercial banks: Empirical evidences from Pakistan

This study employs panel data models to examine bank-specific determinants of interest rate spread of a sample of 14 out of 22 commercial banks in Pakistan for the period of 2000 to 2008. Rising administrative costs, nonperforming loans and soaring return on assets (ROA) significantly cause an increase in the spread of interest rate. Results of this study are similar to Doliente (2003), Claeys and Vennet (2004), and...

Author(s): Muhammad Ayub Siddiqui

February 2012

Adaptable distribution management for agile supply chains

Agile supply chains enable companies to compete in turbulent business environments. However, to be workable, supply chains require agility in both manufacturing and distribution. This study investigates the feasibility of applying adaptable distribution management of agile supply chains to provide adaptable distribution guidance on strategies and operations for decision makers to help facilitate their response to...

Author(s): Pei-Ju Wu, Cheng-Min Feng and Yan-Fang Chen

February 2012

Performance evaluation in research and development, intellectual capital, and firm infrastructure projects as intangible assets

The purpose of this study is to measure the performance of software development teams with the data envelopment analysis. In the measurement process, multiple input and output from research and development, intellectual capital and firm infrastructure projects as intangible assets with many different aspects were taken into consideration and performance was evaluated. The data were obtained from an application...

Author(s): Halim Kazan, Betül Pekkanli and Halil Volkan Çatal

February 2012

Official successful management by service receiver relationship management

This paper considers satisfaction of service receivers as an important asset of official organizations. In fact, without service receivers official organizations would not exist. The strategic importance of service receivers is discussed as an asset. According to approach, official successful management (OSM) at official organizations, service receiver relationship management (SRRM) has been one of the fastest...

Author(s): Nasser Fegh-hi Farahmand

February 2012

An aggregate measure of original sin: Evidence from the Latin American countries

In its classic version, the theory of original sin describes the inability of emerging countries to finance their liabilities on international markets in their domestic currency, and/or to issue fixed-rate, long-term, domestic currency securities in their domestic market: That is to say, it analyzes the difficulty governments have in accessing the capital market using standard debt securities. Many of the debt...

Author(s): M. Belén Guercio and Antonio Terceño

February 2012

The relation between financial information transparency and firms characteristics of listed companies on Tehran Stock Exchange

In this study, the transparency of listed companies on Tehran Stock Exchange is measured by determines transparency scales in Bushman et al. (2004). The characteristics of companies are classified into two groups of variables: Structural (size and leverage) and related to market (type of industry and listing status) during 2010. Spearman and Pearson correlation coefficient is employed to examine hypothesis and logistic...

Author(s): Mahdi Salehi, Mahdi Moradi and Ali Mansoury

February 2012

Analysis of the Turkish pre-service teachers’ views on the theory of multiple intelligences

This paper aims to determine the Turkish pre-service teachers’ image of multiple intelligences theory (MIT). For this purpose, a questionnaire was administered to a total number of 539 pre-service teachers still receiving education at education faculties of various universities in Turkey. The data gathered was analyzed with percentage, frequency and Chi-square test techniques. According to the findings, while the...

Author(s): Burhan AKPINAR and Yunus DOÄžAN

February 2012

How emotional intelligence and organizational culture contribute to shaping learning organization in public service organizations

Learning organization embraces the organization like its body and increases its current abilities and capabilities to encounter future events. Here, the process of learning expands throughout the organization and through it all personnel can acquire necessary knowledge and experience, perform their working duties in the best possible way and the organization can meet its predetermined objectives. This research studies...

Author(s): Hasan Danaeefard, Ali Salehi, Asad Hasiri and Mohammad Reza Noruzi

February 2012

Managing construction logistics management: Findings from construction contractors and industrialized building system (IBS) manufacturers

Inability of contractors to foresee materials demand at the right time and material-handling at the right place are identified as one of the most common problems in the construction industry. Therefore, this paper attempts to determine the attitude and pattern of the industrialized building system (IBS) manufacturers and contractors towards logistics management system followed by evaluation of logistics management...

Author(s): Mohammed Ali Berawi, Abdur Rohim Boy Berawi and  Katerina A. Hadwart

February 2012

Listening skills profile among business management students

This study investigates the use of listening skills among business management students. It is a cross-sectional study involving selected higher institutions in Malaysia. The specific objectives are to identify; (a) the physical attention level toward the sound sources; (b) the concentration and absorption level; (c) the avoiding listening distraction level; (d) the level of non-dependence on textbooks. The research data...

Author(s): Nik Mohd Rahimi, Ghazali Yusri, and Wan Normeza

February 2012

An examination of the effects of perceived value and attitude on customers’ behavioral intentions in e-shopping

The main purpose of this research is to construct a new model for factors that affect online consumer behavioral intentions, including various dimensions of perceived value (monetary, convenience and epistemic) and attitude. This paper also examines the effects of consumer behavioral intentions on word-of-mouth and repurchase intentions in the context of internet shopping. Data from a survey of 753 online consumers in...

Author(s): Seyed Alireza Mosavi and Mahnoosh Ghaedi

February 2012

Marginal intra- industry trade and country characteristics

This study examines the marginal intra-industry trade (MIIT) and its components horizontally, and marginal vertical intra-industry trade (MVIIT) applied to the United States. We present an alternative methodology to evaluate marginal intra-industry trade (MIIT) which was presented by Thom and McDowell (1999) and Azhar and Elliot (2008). Using a panel data approach, the results show a negative correlation between...

Author(s): Nuno Carlos Leitão

February 2012

Effective model based on the role of leadership structure and information system in the field of crisis management

Once a disaster, whether natural or man-made occurs in a geographical area, it can influence that area at different levels based on the degree of vulnerability and capacity of that community. Obtaining initial recognition of threats, risk management, effective leadership on the field of crisis management at all stages of this management cycle and also providing enough background for acquiring and improving preparedness...

Author(s): Ramezanali Azadehdel, Kourosh Dadashtabar Ahmadi, Mohammadreza Azadehdel and Neda Enami

February 2012

Impact of financial liberalisation on capital structure: Evidence from the Johannesburg Securities Exchange

This study tested the impact of financial liberalisation on a panel of non financial firms listed on the Johannesburg Stock Exchange. Using fixed, random effects and instrumental variable models, it was found that the removal of international sanctions and stock market liberalisation have a significant negative impact on most measures firm leverage. Capital account liberalisation has a direct and significant...

Author(s): Chimwemwe Chipeta, Hendrik Wolmarans and Frans Vermaak

February 2012

The determinants of industrial accidents in the Malaysian manufacturing sector

This study analyzes the determinants of industrial accidents across 44 four-digit manufacturing industries in Malaysia from 1993 to 2008 through the business cycle and structural approaches. The results of pooled ordinary least square and fixed-effects estimations revealed that industrial accidents in Malaysian manufacturing sector were negatively influenced by firm size and positively influenced by business cycle....

Author(s): Saad Mohd Said, Fatimah Said and Zairihan Abdul Halim

February 2012

Effect of sales promotion as a tool on customer attention to purchase: A case study of auto maker company

Sales promotion are highly effective in exposing customers to products for the first time and can serve as key promotional components in the early stages of new product presentation. The main purpose of this study is the effect of sales promotion as a tool on customer attention to purchase used in Iran market in general and in automobile industry in particular. Through comparing theories brought up in the...

Author(s): Shahriar Ansari Chaharsoughi and Tahmores Hasangholipor Yasory

February 2012

The Turkish banking sector in the third after the 2008 global crisis

In contrast to the real sector, the Turkish banking sector has maintained its resilience against the current global crisis and furthermore had a structure that supported economic growth and activities. In addition to the measures taken, these successful results were mainly as a result of the restructuring and rehabilitation program that was started with the post-national crisis era after 2001. The aim of this paper is...

Author(s): Fikret Kartal

February 2012

Evaluating and prioritizing of performance indicators of health, safety, and environment using fuzzy TOPSIS

Nowadays, paying attention to health management, safety, and environment systems and their subdivisions in organizations has been increased. Misusing of suitable indicators for supervision, assessment, and improvement of these systems leads to poor organization’s performance, shortage in knowledge growth, organization abilities, and lack of understanding in periodic evaluation of organization’s improvement...

Author(s): Shima Sadoughi, Rasoul Yarahmadi, Mohammad Hossein Taghdisi and Yadollah Mehrabi

February 2012

Optimization of net present value of total net profits of client and contractor in payments of client to contactor by the use of hybrid genetic algorithm

Regarding the economic effects of payments due time of clients on contractors and on both parties benefits, this paper intends to provide a new model of optimization for specifying any payment dates of client to contractor for increasing total net present value (NPV) and performing activities with different methods. The problem has been defined on an activity on arc (AOA) network. Upon specifying the rates of payments...

Author(s): Vahid majazi Dalfard, Majid Ahmadpour, Omid Jalilian, Hamid Jalilian

February 2012

An empirical evaluation of using the residual income model for prediction of stock price

The use of fundamental analysis can be regarded as one of the effective tools to predict changes in stock prices. The residual income model is considered among the effective models for fundamental analysis. The purpose of this study is to predict stock prices by such a model. Therefore a sample of 87 companies listed on the Tehran Stock Exchange was selected, and the results of this study indicate the potential of this...

Author(s): Mehdi Sarikhani and Fahime Ebrahimi

February 2012

Customer relationship management (e-CRM): New approach to customer’s satisfaction

The extensive use of web technology provides an opportunity for business and trade in order to use the Internet as a powerful instrument in customer relationship management (e-CRM). One of the major aims of companies which are facing investment expenses related to e-CRM is to upgrade the level of customer’s satisfaction. Due to this fact, this question raises in companies which make use of e-CRM system...

Author(s): Hamed Moezzi, Khaled Nawaser, Fatemeh Shakhsian and Davood Khani

February 2012

Performance analysis in Turkish food industry

The main aim of this study is to analyze the structure of the effectiveness and productivity of Turkish food industry. Statistics on the industry, production, employment and capital were used implementing the Malmquist index, data envelopment analysis (DEA) and partial productivity methods. Production value was considered as output whiles the capital and labour values were considered as inputs. The analysis covers...

Author(s): Altug OZDEN and Huseyin SENKAYAS

February 2012

Customer’s tendency towards the selection of Islamic banking system in Pakistan

The emergence of Islamic banking system has created an immense competition among Islamic and the conventional banking system. No doubt, both banking systems are now in an immense competition with each other but the base of this competition remains the same, that is, the customer’s satisfaction because these are the customers for whom all the financial services are designed. So, the customer’s perception...

Author(s): Mobeen Ur Rehman

February 2012

Islamic banking in Pakistan: Fiqa-e-Jaferia offers optimization

Islamic banking is an initiative of State Bank of Pakistan (SBP) and Shariah scholars for purifying the financial and economic system of Pakistan from interest (Riba). The framework of Islamic banking guides banks to customize their policies and product mix in conformance with Shariah standards. Despite targeting a noble cause of eliminating interest (Riba) from the economy of Pakistan, the existing practices of Islamic...

Author(s): Imran Haider Naqvi

February 2012

An empirical study on the indexes of internet financial reporting: The case of Malaysia

This research paper is an attempt to study the items which are important in Internet financial reporting (IFR) from the view of annual report preparers. The study employs the survey questionnaires in gathering information from the respondents on significant items that should be listed under IFR checklist. Based on an extensive literature review the level of IFR in this study is divided into two, namely content dimension...

Author(s): Mohd Noor Azli Ali Khan and Noor Azizi Ismail