Is there a weather effect? Evidence from a panel of emerging countries’ stock markets
November 2018
A long history of psychological studies has postulated that good (bad) weather induces a positive (negative) mood. Other studies have concluded that mood can influence humankind decision-making process under risk and uncertainty. Several behavioural finance studies have raised the question of whether sunshine, temperature or other weather variables exert an impact on stock prices by affecting the behaviour of market...
Building brands through experiential events: When entertainment meets education
October 2018
Experiential marketing is increasingly getting companies’ attention as a strategy to interact with consumers and engage them to better convey their brand image and positioning. However, its effects are still unclear both at the aggregate and individual levels. This paper addresses this topic and presents a field experiment investigating the effects of experiential marketing on brand image in retailing. Two similar...
The impact of open innovation practice on innovative performance through intellectual capital: Empirical study on SMEs
October 2018
Open innovation (OI) practices and intellectual capital (IC), though from developed countries and large firms’ perspective, are related to higher innovative performance. But the influence of OI paradigm on IC and consequently on firms’ innovative performance in the context of developing countries is not yet sufficiently explored. This study examined the link between OI practice and IC and their influence on...
Assessing the extent of compliance with IAS 41 by agricultural entities in Southern Malawi
October 2018
The paper assesses the extent to which Malawian agricultural entities are complying with recognition and measurement requirements of IAS 41-Agriculture, for their agricultural produce and biological assets. The purpose of the paper is to investigate the extent to which Malawian agricultural entities are using the fair value accounting model proposed in IAS 41 for measuring their agricultural produce and biological...
Performance, financing decisions and corporate governance of Italian medium and large private family firms
October 2018
This empirical study examines the relationship between financing decisions and corporate governance on the one side and firm performance on the other, concerning Italian large and medium private family firms. Tax-aggressive practices are not used to avoid a deprivation of socioemotional wealth, in terms of diminished reputation, caused by a possible tax-related lawsuit. Due to the low risk perception and most likely the...
Forward-looking information in integrated reporting: A theoretical framework
September 2018
The purpose of this paper is to theorize a comprehensive theoretical framework for describing forward-looking information (FLI) practices of companies. The paper aims to discuss the theories usually applied to explain voluntary disclosure in literature and the interrelated theoretical perspectives regarding the role of voluntary disclosure in integrated reporting. Four relatively most common theories in disclosure...
Altruism towards others and sustainability intention of small business owners
September 2018
Though, small businesses are vital globally, they contribute to environmental and social challenges such as deforestation, pollution, use of polythene bags, poor working conditions, child labour and health hazards. Thus, it is vital to understand the concept of sustainability intention of small business owners. The purpose of this study therefore was to assess how altruism towards others influences sustainability...
Effect of simplified licensing on registration and formalizing of start-ups in Mozambique
September 2018
The Mozambican Government has long realized that the only way to solve the unemployment problem is by encouraging entrepreneurship amongst the youths through the formation of small enterprises. Legally operating enterprises will also contribute to the government’s coffers through taxations, exercise duties and contributions to the provident fund. The government introduced two accessible licenses for small firms...
Assessing the impact of Chinese foreign direct investment on economic growth in sub-Saharan Africa
September 2018
This study was conducted to assess the impact of Chinese outward foreign direct investment flows on economic growth in sub-Saharan Africa. The design used was a longitudinal study. The analysis used was existing data on 37 sub-Saharan African countries between 2003 and 2011. Two balanced panel regressions were estimated using time and country fixed effects, respectively. The estimations suggested that Chinese foreign...
The antecedents of innovativeness in small and medium manufacturing enterprises in Kenya: A critical review of literature
September 2018
Innovation has been accepted as a key stimulus for growth. This is more so with SMEs which are widely acknowledged as being a significant driver in economic growth. In a review of over 90 peer reviewed journal articles and conference papers; this paper brings together different arguments that have been made in explaining the antecedents for innovativeness. This is a critical review of the literature with respect to...
How do teams become effective? A literature review and implication for Ethiopia
August 2018
Teams have been recognized as the heart of organizations in previous decades and proved to be so in the current situation. However, in recent years different global forces have pushed organizations to their limit and forced them to restructure work and teams. Thus, this paper reviews articles on team effectiveness from 2000 to 2017 with the help of Google Scholar Search Engine using key words “teamwork” and...
Measuring employee performance in Gweru and Kwekwe city councils in midlands province, Zimbabwe
August 2018
For organizations to measure the performance of its employees there is a need to have key performance indicators and performance standards set. The current study at Gweru and Kwekwe City Councils in Zimbabwe assessed eight (8) performance aspects, which are quality work, employee output, communication and dependability (customer), controlling of costs (financial), planning, team working, problem solving and...
Chinese Investment in Bangladeshi RMG Sector: Challenges and Opportunities
August 2018
Ready Made Garments (RMG) sector is one of the most potential sectors of earning foreign capital to improve economic growth. Bangladesh is the great place for Chinese investors to invest in RMG sector as its export trend is increasing day by day. The main objective of this research paper was to find out opportunities and challenges of Chinese investment in Bangladesh. Data were collected from different secondary...
Determinants of growth of private investment in Jimma City, Ethiopia
August 2018
Private investment is one of the mainsprings of economic growth. Jimma city has been identified as the low private investment activities in the development and growth of the economy. Thus, the objective of this study is to explain the determinants of private investment in the city. In an attempt to achieve this objective, data was collected through self-administered questionnaire from 171 sample respondents through a...
Move your Business Forward with Harvard
August 2018
The CEIBS-Harvard Executive Program celebrated its 2nd Edition with the slogan: Move your business forward with Harvard. Executives can move their businesses forward through this annual executive program. The program took place from July 21st to 27th, 2018, at the Harvard Faculty Club in the prestigious city of Cambridge, Massachusetts.
The innovation of local public-sector companies: Processing big data for transparency and accountability
August 2018
New Public Governance (Klijn, 2008) is the basis for our analysis of the group of public-sector and public service companies. It has furthered the involvement of citizens and of political governance in the management of resources (Boston and Pallot, 1997; Northcott et al., 2012). In order to manage the group while remaining accountable and guiding production choices, it is essential to have an overview and a guarantee...
Untangling the concept of entrepreneurship towards a common perspective
July 2018
There continues to be a lack of a commonly agreed perspective of entrepreneurship despite the concept being studied for a long period of time. Definitions of the concept and constructs of study in the field have depended on the researcher’s conceptualisation of what constitutes entrepreneurship and as a result there are variations in the study focus and measurement of entrepreneurship. An analysis of literature...
Pathways to the poor in Swaziland: What is the nature of micro insurance channels and distribution strategy?
July 2018
When distribution is neglected, micro insurance fails. This considered, the objective of this study was twofold – to explore the nature of micro insurance distribution channels and to understand the distribution strategy of a commercial insurance company in Swaziland. Using interviews with the senior managers of a commercial insurer and its distribution partners, this study generated in-depth qualitative data on...
Modelling the relationship between innovation, strategy, strategic human resource management and organisation competitiveness
July 2018
Several studies have been conducted to establish the link between strategy, human resource management (HRM) practices and organisation performance, yet no study has explored the alignment between strategy, innovation, strategic HRM and their impacts on organisation competitiveness. Therefore, the present study sets out to align strategy, innovation, strategic human resource management (SHRM) and organisation...
Prototyping an innovative e-platform of financial assistance for small medium enterprises in Mauritius
July 2018
The SMEs form a vibrant pillar of the Mauritian economy through their important contribution to Gross Domestic Product (GDP) growth and socio-economic development. SMEs are recognized for their significance and their resilience in responding to fast changing conditions, even in times of the economic downturn. This paper aims to address financial illiteracy among Mauritian SMEs by proposing an integrated financial...
Attaining competitive advantage through energy efficiency: A cooperative strategic perspective
July 2018
The Kenyan economy in the recent past has witnessed a considerable exit of multinational companies due to high-energy costs. Similarly, a comparative analysis among the East African community partners places the country among the list of those nations with high-energy charges levied on consumers. This phenomenon disadvantages the competitiveness of local industries while discouraging potential players. This is...
Diversity management discourse: An African perspective
July 2018
This paper reviews the concept of diversity across selected sub-Saharan Africa countries. It focuses on the impact of social relations that depict cultural and social identities of individuals within these African countries. This is with the aim to help corporations develop diversity management strategies for their workforce. Consequently, this narrative paper adopts a qualitative approach, a literature survey that...
Realizing energy management practices as a competitive strategy among manufacturing firms in Kenya: An alternative outlook
June 2018
The Kenya’s Energy Management Regulations (2012) spells out a raft of actions that consumers of electricity and petroleum products can implement so as to enhance energy efficiency, reduction of energy costs and creation of surplus for distribution. However, few manufacturing companies have carried out implementation. The regulations create avenues for enforcements and promotion of energy management practices...
Innovation team composition: The enabling role of the individual emotive outlook
June 2018
Despite increased attention to innovation teams in the workplace, composition criteria for implementation success remain unclear. This paper aims to provide a multi-disciplinary perspective on the psychological characteristics of innovation team members. This pragmatic, mixed-method convergent parallel design study examines and compares the emotive outlook profiles and patterns of successful and unsuccessful innovation...
Does sustainability foster the cost of equity reduction? The relationship between corporate social responsibility (CSR) and riskiness worldwide
June 2018
The relationship between sustainable practices and a firm’s financial performance is an open debate among academics, managers and investors worldwide. Despite large literature in the field of corporate social responsibility (CSR) and corporate financial performance (CFP), there is still a lack of unanimous consensus around the impact of sustainability on a firm’s economic achievements. This study aims to...
Gender balance on boards and corporate sustainability for the 2030 Agenda
June 2018
The top management characteristics can have an impact on corporate strategic goals and actions. The board diversity, with particular reference to gender issue, can influence Corporate Social Responsibility (CSR) and company’s strategies toward a business model more oriented to sustainability. According to this this theoretical framework, two issues about women on boards and CSR are presented in this study: the...
Effect of e-tax filing on tax compliance: A case of clients in Harare, Zimbabwe
June 2018
There is underutilisation of electronic tax filing systems in tax agencies despite presence of electronic tax administration systems. The objective of this study was to find how this has influenced tax compliance. Data collection was mainly through a questionnaire. Analysis of data was done through SPSS Version 20 and Excel. The study concluded that electronic filing system actually influences tax compliance. The study...
The value relevance of consolidated and separate financial statements: Are non-controlling interests relevant?
June 2018
This paper aims to analyze the value relevance of financial statements prepared according to International Accounting Standards (IAS)/International Financial Reporting Standards (IFRS). The study focuses on two of the different sets of accounts presented by companies: the parent company financial statement and the consolidated version. We have developed a panel data from a sample of Italian listed companies by...
Influence of women entrepreneurs’ characteristics on personal well-being in Arumeru District in Tanzania
June 2018
This article tests the hypothesis that women entrepreneurs’ socio-economic and demographic characteristics have no significant influence on women’s personal well-being, using quantitative approach with a random sample of 180 women. The article adopts the cross-sectional research design using a structured questionnaire administered to women entrepreneurs. Non-entrepreneurs were also involved for comparison...
Effect of European audit firms on cost of debt and earnings management in private clients’ audit market segment
June 2018
This research studies the relation between audit firm choice and benefits that companies could gain in terms of lower cost of debt and ea rnings management. It focuses on private clients and the non-Big4 audit market segment, where the main driver of auditor choice has not to date been satisfactorily identified. This study identifies and tests a new criterion for auditor choice in private firms based on audit market...
Financing challenges of smallholder farmers: A study on members of agricultural cooperatives in Southwest Oromia Region, Ethiopia
May 2018
Smallholder agriculture plays a great role in food self-sufficiency, employment creation and economic growth. However, studies conducted in Ethiopia indicated that access to finance and input/output marketing are two of the critical problems affecting the productivity of smallholder agriculture in the country in general and in Oromia regional state in particular. The main objective of this study is to investigate how...
The joined-up strategic planning of cultural service provision: What are the routes of accountability?
May 2018
The debate on accountability in collaborative working for public service delivery is still opened. However, the literature shows research challenges in extending knowledge on critical issues on routes in which accountability are adopted in the Joined-Up Government. This is the reason why public management literature focused on case studies within joined-up services provision. Notwithstanding, an extended understanding...
Determinants of risk disclosures in Kenyan listed companies
May 2018
The main objective of this study was to examine the relationship between risk disclosure and firm characteristics of companies quoted on the Nairobi Securities Market. The study involved all firms that were listed on the NSE between years 2010 and 2016, except the financial institutions. Annual reports were used to determine the variables. A regression analysis was conducted using the random effect model to determine...
Key factors affecting deviant workplace behavior
May 2018
Deviant behaviors manifest in many organizations and all occupations. Deviant behaviors in the workplace may originate from organizational norms and proclivities for self-benefit. The organizational culture influences employees’ attitudes. Employees internalize the organizational culture, which transforms their personal attitudes and influences their positive and negative behaviors towards the organization. This...
Forecasting and preventing bankruptcy: A conceptual review
May 2018
The recent global financial crisis has caused the failure of many firms in several countries, renewing the interest of the literature towards forecasting models for default risk. Although these models have been developed since the 1960s, studies have been published in increased numbers during the last decades, proposing new approaches or comparing different existing models to understand which of them have the best...
The research of innovation efficiency of government’s fund and enterprises’ R&D investment in China
May 2018
In this paper, the panel data of China from 2003 to 2012 and stochastic frontier and threshold regression models were used to analyze the impact of government’s fund and enterprises’ research and development (R&D) investment on China’s innovation efficiency and the optimal intensity of different R&D investment and their interval analysis. This research indicates that in the process of...
Effects of employees’ commitment on organizational performance at Arjo Didessa Sugar Factory
May 2018
Presently, no organization can perform at peak levels unless each employee is committed to the organizations objectives. Hence, it is important to understand the concept of commitment and its feasible outcome. The employees in sugar industry play decisive role in transferring the theory to practical in order to enhance development of industry. The objective of this study was to determine the effects of employee...
A study on the community online to offline (O2O) operation model in Nanjing
April 2018
This study aims to study the online to offline (O2O) operation pattern of Chinese E-commerce and its features; analyze the current development and existing problems of Chinese O2O operation pattern; and explore the domestic O2O development layout of communities in Nanjing. Both qualitative and quantitative analyses are applied in this work. For the quantitative analysis, questionnaire was distributed to some consumers...
Peer pressure and its influence on consumers in Taiwan
April 2018
The social influence in the form of peer pressure is prevalent in many countries across the globe. Peer pressure is the influence of a group on behaviors of individual members of that group such that the individuals tend to follow what everybody does. In the field of business, understanding consumer’s interest is of paramount importance and therefore understanding peer pressure can be a useful tool to persuade...
Is integrated reporting a new challenge for public sector entities?
April 2018
Integrated reporting (IR) is a new communication tool that is gaining increasing attention among scholars, practitioners, and standard setters in both the private and public sectors. Therefore, it is important to discuss the suitability of the framework proposed by the International Integrated Reporting Council (IIRC). This paper offers some reflections based on case studies of public entities that differ in terms of...
Effect of Chinese outward foreign direct investment on international trade of Africa
April 2018
This article aimed at analyzing the relationship between foreign direct investments from China and the international trade of African countries. International trade was found to be affected by the degree of openness of the economy, the level of exports and the level of imports. The findings were brought out by using a Vector Error Correction Model in a cylindrical panel of 52 African countries on a period going from...
Rigidity and performance threshold: How routinization process affects dynamic capabilities
April 2018
Dynamic capabilities view has been considered vital to the long-term survival and adaptation of organizations in dynamic environments. Although, rich literature has probed into how dynamic capabilities are able to address organizational inertia issues and facilitate change, there are still heated debates on questions on dynamic capabilities’ heterogeneity and performance. Current thinking was integrated in major...
Sustainable entrepreneurship intention among university students in Uganda: A conceptual paper
March 2018
Entrepreneurship is significant in transformation towards a sustainable future. Sustainable entrepreneurship intention aims at establishing businesses that balance the triple bottom line of economic, social and environmental aspects. Such businesses minimize environment degradation, pollution, resource scarcity and social challenges while enabling entrepreneurs to maximize profits. In developing countries such as...
Public owned enterprises in Italy: A hybrid nature for a hybrid regime of over -compliance
March 2018
The purpose of this paper is to describe the state of play regarding Italian Government strategy for preventing and combating corruption in Public Owned Enterprises (POEs). That is a special case since it implies the application of a hybrid regime of over compliance. On one hand, POEs must comply with Legislative Decree no. 231 of 2001 as private organization, on the other hand POEs must comply with Law No 190/2012 as...
Two case studies to explore pros/cons and to assess applicability of Nexus maturity model
March 2018
Nexus maturity model, which is created as a structured gradual guideline for the companies wishing to adopt Nexus framework, is a new model, so the main purpose of this paper is to assess the model. Moreover, to explore pros and cons of the model to enlighten the researchers and implementers in the industry is aimed. Two case studies were conducted to collect data and to test three hypotheses. The second case study was...
Social impact and evaluation: A rational management theory approach
March 2018
Organization and person have a theoretical and ontological link; being the first teleological extension of the latter, it is impossible to think of one without the other. In a similar way, the complex of economy itself cannot overlook the needs of the person and seek for the reach of maximization results with unhesitating self-interest. In this paper, it is argued that every organization is born to satisfy...
The development of management skills for effective church management in pastoral preparation programs in Zimbabwe
March 2018
The paper focuses on the development of management skills for effective church management in pastoral preparation programs in Zimbabwe, and underscores the need for the use of secular principles and practices in church management. It identifies the management challenges faced by the pastors, explores the extent to which management skills are being developed in pastoral preparation programs, and looks into alternative...
The role of service attributes in customer satisfaction: An analysis of classified hotels in Cameroon
February 2018
This study aims to evaluate the influence of service dimensions’ satisfaction on hotel guest’s overall satisfaction. Confronting the theory originally stated with the specificity of satisfaction in the hotel sector, we developed hypotheses linking each of the service dimensions with overall satisfaction declared by the consumer. The data collected with a questionnaire were analyzed through a series of...
Does the market reward integrated report quality?
February 2018
Although some studies show the benefits of adopting integrated reporting (IR), its real value has not yet been sufficiently investigated. As integrated reporting development implies high costs for the company, the management has to evaluate the economic advantage of such investment. This study aims to establish whether a high quality IR influences firm market value. Specifically, we investigate whether shareholders take...
Using decision-making trial and evaluation laboratory (DEMATEL) to explore the key success factors for green logistics manufacturers
February 2018
With the rapid development of global economic integration, many enterprises outsource their logistics to vendors to centrally develop their own core interests. Secondly, the emphasis on sustainability makes people pay more attention on a series of environmental problems arising in logistics. Green logistics enterprises not only improve their economic efficiency, but also enhance their competitiveness and optimize their...
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