September 2009
Leadership styles and organizational commitment: a test on Malaysia manufacturing industry
It has become clear that organizational commitment (OC) has important implications for employees and organizations as confirmed by past researchers. This study examines leadership styles and employees’ organizational commitment in the Malaysia context. Two types of leadership styles namely transformational and transactional leadership styles have been chosen as focus of research to investigate the...
September 2009
Industrial policy, institutions and foreign direct investment: The Kenyan context
The importance of industrial policy, institutions and FDI in industrialisation is one of the most widely debated issues in the economic discourse. As a contribution to the debate, this paper examines the importance of industrial policy and institutions in Kenya’s industrial development. The paper also examines FDI focusing on positive spillovers, capability development and performance. FDI had a...
September 2009
Financial crisis and its remedies
Global financial markets are showing strains on a scale and scope not witnessed in the past three-quarters of a century. What started with elevated losses on U.S. subprime mortgages has spread beyond the borders of the United States and the confines of the mortgage market. Many risk spreads have ballooned, liquidity in some market segments has dried up, and large complex financial institutions have admitted significant...
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