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: 25 January, 2012; 6(3)

January 2012

The role of human resource development practitioners in solving ethical concerns in mentoring

There are many benefits of mentoring relationships which were documented in previous researches. These mentoring relationships however, may become dysfunctional. In this paper, some of the common ethical issues in the mentoring process which are grouped into three related classes namely: power, access and cultural replication were considered. They are considered in terms of how human resource development (HRD) can take...

Author(s): ADENIJI, Anthonia Adenike

January 2012

The impact of green learning orientation on proactive environmental innovation capability and firm performance

Previous studies have devoted significant attention to exploring the impact of organizational learning on innovation capability and performance. However, few studies have investigated the specific outcomes concerning green innovation or environmental management. This study attempts to fill the existing research gap by proposing a novel construct - green learning orientation - and providing a research framework to...

Author(s): Cher-Min Fong and Nai-Jen Chang

January 2012

The relative reality of accounting for web-based transactions

This paper explores the accounting methods used for web-based sales transactions in multiple cases in South Africa. Exploratory descriptive research is warranted, as little research had been done on the accounting of sales and web-based sales transactions. Information was gathered using structured interviews, transaction trail data collected from web-based transactions and a content analysis of the websites of the cases...

Author(s): Blanche Steyn and Anton du Toit

January 2012

Should inter-organizational relationships in agribusiness be guided by consumer or by stakeholders?

The importance of the Stakeholders Theory as an emerging concept for organizations, in relation to consumers, is presented. There is a wide interdependence between the commodity system approach (CSA), filière, alliance and network approaches in relation to the theoretical domain of stakeholders. The objective of this article is to propose a framework including the Stakeholders Theory in the...

Author(s): Denise Barros de Azevedo, Guilherme Cunha Malafaia and Eugênio Ávila Pedrozo

January 2012

Governance and income determinants of poverty reduction: A cross-country analysis of Sub-Saharan African countries

This paper using cross-sectional data on 39 Sub-Saharan African countries examines how political and economic governance affect the most recent data on poverty for the period of 2000 – 2007. For this period, the paper finds that the average percentages of population living on less than $1.25 a day and on less than $2.00 a day are 50 and 70, respectively in Sub-Saharan Africa. It finds that these percentages can be...

Author(s): Bukhari M. S. Sillah

January 2012

Strategic planning for computer science security of networks and systems in SMEs

The strategic planning adapted in the computer science security is observed in many senses as a military strategy, which takes advantage of their forces to operate the vulnerabilities of the organizations, attackers or competitors. The need of the companies and organizations to continuously be adapting against the technological changes of the computer science takes to formulated key questions: what type of security and...

Author(s): Jorge A. Ruiz-Vanoye, Ocotlán Díaz-Parra and José C. Zavala-Díaz

January 2012

Inventory model with stock dependent selling rate

After studying the maximization of the profit of an inventory model where the selling rate is dependent on stock, we generalized the demand from a ramp type demand to an arbitrary positive demand and then examined the solution structure to locate the optimal solution. Our findings are an extension of several previous papers. Consequently, we can provide a reasonable explanation for the unsolved phenomenon that appears...

Author(s): Jones P. C. Chuang

January 2012

Comparing the efficiency of Islamic versus conventional banking: through data envelopment analysis (DEA) model

The purpose of this study is to compare the efficiency of Islamic banks and conventional banks under loan base approach and income base approach. Also, it aims to investigate the economies of scales for both banking streams. Further, we investigated the effect of banks specific factors on efficiency, like size of banks, total liabilities of banks, total profit of banks, total markup revenue, total non-markup revenue,...

Author(s): Idrees Ali Shah, Syed Zulfiqar Ali Shah and Habib Ahmad

January 2012

Relational capital and performance of tea manufacturing firms

The focus of this article is to examine the impact of relational capital components on the performance of tea manufacturing firms in Uganda. It aims at disclosing the composition of relational capital components that associate with performance.  A study was carried out on 59 managers representing 17 tea manufacturing firms in Uganda. A correlation matrix and multiple regression models were used to test the...

Author(s): Faculty of Vocational and Distance Education, Makerere University Business School, Uganda. Department of Accounting, Makerere University Business School, Uganda. Faculty of Computing and Management Science, Makerere University, Uganda.

January 2012

The effect of life cycles on diversification of financing sources for SMEs: Evidence from Argentina

We examined the effects of life cycle approaches on the capital structure of small and medium enterprises (SMEs) and tested the implications of these approaches using a sample of firms from Bahia Blanca (Argentina). We analysed the relationships between the diversification of financing sources and a set of variables from models of the financial growth cycle, the life-cycle of the owner-manager, and the life-cycle of the...

Author(s): Anahí Briozzo and  Hernán Vigier

January 2012

Rural entrepreneurship in the Western Cape: Challenges and opportunities

Rural entrepreneurs in the Western Cape Province of South Africa were surveyed in order to explore the challenges and opportunities that they are facing. The methodology used in this study involved a combination of quantitative and descriptive research. The study consisted of a sample of 160 rural entrepreneurs. Based on the results of the study, rural entrepreneurs in the Western Cape still face challenges such as lack...

Author(s): Virimai Victor Mugobo and Wilfred I. Ukpere

January 2012

Factors affecting instructors’ willingness and expectation of future participation in farmer internet literacy training

This study explores temporary instructor’s willingness and performance expectation of future participation in Farmers internet literacy training (FILT). Specifically, the relationships among enthusiasm for teaching, teaching performance, and self-efficacy of temporary instructors hired to teach in FILT are examined. The study investigated 80 valid samples. The study results, based on temporary instructors’...

Author(s): Hsiu-Ping Yueh, Tzu-Ling Chen, Yi-Ju Lee and Chi-Cheng Chang

January 2012

The impact of government spending on poverty reduction: Evidence from Pakistan 1972 to 2008

This study aims at assessing the impact of government spending in various sectors of the economy on poverty reduction. Time series annual data for the period 1972 to 2008 has been used for analyzing the long-run impact of government spending in education, health, economic and community services, budget deficit and law and order on poverty reduction by using recent econometric development. The results show that...

Author(s): Nabeela Asghar, Zakir Hussain and Hafeez Ur Rehman

January 2012

Taxonomy of cost of quality (COQ) across the enterprise resource planning (ERP) implementation phases

Companies declare that quality or customer satisfaction is their top priority in order to keep and attract more business in an increasingly competitive marketplace. The cost of quality (COQ) is a tool which can help determine the optimal level of quality investment. COQ analysis enables organizations to identify measure and control the consequences of poor quality. This study attempts to identify the COQ elements across...

Author(s): Wen-Hsien Tsai, Elliott T. Y. Hwang, Jui-Chu Chang, Chien-Wen Lai, Sin-Jin Lin and Chih-Hao Yang

January 2012

Fuzzy automata based on Atanassov fuzzy sets and applications on consumers’ advertising involvement

Fuzzy automata are regarded as an important device in fuzzy systems due to the advantage of powerful mathematical computation. This dynamic machine has been applied in various fields, such as pattern recognition, controller design, etc. However, most of the applications pertain to the engineering. Considering higher-order sets with imprecision, this paper makes use of Atanassov fuzzy sets and proposes the Atanassov...

Author(s): Ting-Yu Chen, Hsiao-Pin Wang and Jih-Chang Wang

January 2012

Determination of manufacturing strategy using interpretive structural modeling

The interpretive structural modeling (ISM) methodology was applied as a tool for determination of optimal manufacturing strategy. For this purpose, a group of experts who had agreement to each other in their objectives and decisions about manufacturing strategy determination was selected and an algorithm containing seven steps was proposed. In the first step, improvable manufacturing capabilities of company (elements)...

Author(s): Mehdi Abbasi, Mohsen Akbarpour Shirazi and Mir Bahador Aryanezjad

January 2012

Long memory, structural breaks and mean shifts in the inflation rates in Nigeria

This paper deals with the analysis of the inflation rate in Nigeria. We use long range dependence techniques based on fractional integration or I(d) models, incorporating structural breaks in the model. The results indicate that inflation in Nigeria displays long memory behaviour, with an order of integration of about 0.3 in spite of the existence of breaks at different periods. Including the growth rate of money (M1)...

Author(s): Luis A. Gil-Alana, Olanrewaju I. Shittu, OlaOluwa S. Yaya

January 2012

Real estate investment in seismically active regions: Feasibility assessment and decision making

Lots of major cities worldwide are located in the seismically active regions. Due to natural disasters, the profits of real estate investment in these regions may be corroded. This study proposed a reliability-based decision making process for real estate investment in seismically active regions. Based on the Monte Carlosimulation technique with net present value (NPV)...

Author(s): Jeng-Hsiang Lin

January 2012

Research on the procedure joint process and synthesized performance evaluation of logistics service supply chain

The study of the procedure joint process of logistics service supply chain (LSSC) can help evaluate the synthesized performance scientifically as well as understand the coordination process systematically from microcosmic viewpoint. This paper systematically analyzes the three aspects of the joint procedure, namely: before, during, and after. Before the procedure joint, the paper investigates four essential mechanism...

Author(s): Wei-hua Liu Dong Xie and Xue-cai Xu

January 2012

Employees’ adjustment in the car industry: The case of Iran

Employees’ adjustment to person-environment (P-E) fit continues to be a major concern for many organizations and countries, particularly in developing ones. This interview study examines the reasons behind 29 employees’ maladjustment to the work environment of the Center for Researches and Innovation of the second biggest car industry in Iran. The results show that high and unrealistic expectations of the...

Author(s): Reza Najafbagy

January 2012

Investigating the effects of information technology on the capabilities and performance of the supply chain of dairy companies in Fars province: A multiple case study

Nowadays all organizations are somehow exposed to information technology revolutions and the applicable aspects of information technology are evident in all supply fields from the relationship with suppliers and producers to the relationship with the customers. In other words, the application of information technology is influential in the improvement of the supply chain. In this study, the effect of information...

Author(s): Ali Mohammadi, Maryam Sahrakar and Hamid Reza Yazdani

January 2012

The factors causing failure of foreign enterprises resource planning (ERP) systems in Pakistan

The purpose of this paper is to examine the causes and reasons of failure of foreign enterprises resource planning (ERP) system’s adoption in Pakistan. ERP integrates all the resources (hardware, software, man power, product and process) of an organization and provides a link to each department for smooth flow of data, information, knowledge, resulting in increased productivity and efficient processes. The paper...

Author(s): Shafqat Hameed, Asim Javaid Butt and Muhammad Junaid Tariq

January 2012

Software release planning challenges in software development: An empirical study

Software development is a complicated process and requires careful planning to produce high quality software. In large software development projects, release planning may involve a lot of unique challenges. Due to time, budget and some other constraints, potentially there are many problems that may possibly occur. Subsequently, project managers have been trying to identify and understand release planning, challenges and...

Author(s): Amir Seyed Danesh and Rodina Ahmad

January 2012

Retail sales forecast analysis of general hospitals in Daejeon, Korea, using the Huff model

This paper seeks to develop a sales estimation model to forecast the demand for general hospitals in small and medium-sized cities. We focus on deriving the parameter λ in the Huff model, which is used in sales forecasting. When opening new hospitals in cities, actual sales can be calculated on the basis of a demand forecast. Currently, many researchers in Korea use the Huff model to estimate the sales of retail...

Author(s): Myoung-Kil Youn, Wanki Kim, Pan-Jin Kim, Sang-Youn Lee, Kyu-Yeol Sim andYoo-Oh Kim

January 2012

What determines leverage in Pakistan? A panel data analysis

Most of the chemical sector firms in Pakistan have foreign ownership or collaboration with foreign companies. It may be hypothesized that the leverage behavior of such firms is likely to be in line with the results of international studies of leverage generally carried out in developed economies. But there are a number of factors which differentiate developed economies from the developing ones. Hence, we identify an...

Author(s): Muhammad Azeem Qureshi, Muhammad Imdadullah and Tanveer Ahsan

January 2012

Leather and leather products industry in Turkey: Marketing developments

Leather industry covers many disciplines as sub-industries and it has played a driving role for the exports of Turkey for many years with the internal harmony of those sub-industries. However, the leather industry’s production orientedness seriously impacts sectoral development especially during the outbreaks of global crises. The augmentation of competition in the leather industry after 1995, rising barriers in...

Author(s): Gonca Telli Yamamoto, Özgür ÅžekeroÄŸlu and Eser Eke BayramoÄŸlu

January 2012

An analysis of correlation between organizational justice and job satisfaction

This study was an attempt to explore the relationship between organizational justice, encompassed by three components: (distributive justice, procedural justice and interactional justice) job satisfaction, that is employees’ perceptions of workplace justice. This study, indeed, investigated the relationship among these justice measures in the Iranian environment. The data were collected through the distribution of...

Author(s): Esmaeil Yaghoubi, Sina Ahmadzadeh Mashinchi, Ebrahimi Ahmad, Abdollahi Hadi and Ebrahimi Hamid

January 2012

Development of “entrepreneur role-playing game” educational program and evaluation of its implementation effect from the viewpoint of cognitive apprenticeship theory

This study aims to develop an entrepreneur education program and evaluate its instructional effects from the viewpoint of “cognitive apprenticeship model”. In order to accomplish this purpose, this study samples 40 participating students from a case school as subjects, adopts methods of participation and observation, in-depth interviews, writing learning journal; and analyzes data using ATLAS.ti software...

Author(s): Chien-Hua Shen, Chun-Mei Chou, Hsi-Chi Hsiao, Yu-Je Lee and Su-Chang Chen

January 2012

Factors that may mediate the relationship between transformational leadership and organizational innovation

The purpose of this study is to explore the excellent vocational high school teachers’ perceptions regarding organizational factors; these were related to the organization of the school and how this affected organizational innovation. Findings of this study provided the evidence that, there is a partial mediator effect on support for innovation and organizational learning in the relationship between...

Author(s): Jen-Chia, Chang

January 2012

Regulation of microfinance service provider in China and Bangladesh: An approach to strengthening the regulatory environment

This paper compared the regulatory framework of microfinance service providers (MSPs) in China and Bangladesh. Formal MSPs were regulated under the banking legislation and supervised by central banks in both countries. The regulators had paid special attention to newly established financial entities-microcredit companies (MCCs) village/township banks (VTBs), and lending companies (LCs) in China considering their...

Author(s): M. Wakilur Rahman, and Jianchao Luo

January 2012

Productivity and relative prices in the industries sector of Iran

Productivity is one of the most important factor among factors affecting rate ofgrowth and its promotion is one of the main goals of countries. According to the country's fifth development plan; it is predicted that 33.3% of annual economic growth will be provided by improving productivity. Therefore, identifying factors promoting productivity are very important. This paper...

Author(s): Ali Besharat, Mohsen Amirahmadi and Shahryar Fathi

January 2012

Key performance indicators for information technology (IT) operational management of financial industry in Taiwan

This paper used CobiT version 4.1, as published by the information systems audit and control association (ISACA), to investigate key performance indicators for IT operational management; IT managers in the financial industry were emphasized. This study enlisted the help of practicing experts in creating a summary of practical experience. The study illustrates the experts’ consensus regarding the six most important...

Author(s): Ruey-shiang Shaw, Wei-Ming Chung, Che-Pin Cheng and Ta-Yu Fu

January 2012

The wealth of information from quarterly financial reports in Malaysia

This study aimed to contribute to the Bursa Malaysia and other professional bodies in Malaysia by developing a quarterly report disclosure checklist, for the preparation of quarterly reports. In addition, it also examined the wealth of information of quarterly financial reports in Malaysia in terms of share price performance at the time of disclosure. Specifically, this study examined whether the level of disclosure of...

Author(s): Kamisah Ismail and Rashidah Abdul Rahman

January 2012

Product placement in South Africa: Piercing through the packaging

This exploratory study investigates the role that product placement plays in integrated marketing communications. As the merits of product placement are debated in the scholarly literature, practitioners are pushing boundaries in promoting their wares through using this technique. Our study considers television and cinema audiences in South Africa. Results reveal that these consumers are open to the idea of product...

Author(s): Justin Beneke

January 2012

A research on impact of the capital structure and financing cost of small and medium sized enterprises (SME) on growth

Purpose of this study is to compile data on general features, capital structures, dividend policies, financial characteristics of small and medium sized enterprises (SMEs) in Turkey and views of managers of them on the impact of these features on their growth, and to transform these data into knowledge, besides provision of recommendations. Sample of study is formed by 34 SMEs in various sectors in Istanbul. Descriptive...

Author(s): Mustafa Yurttadur and Ferudun Kaya

January 2012

Subscriber behavior in adopting 3G value-added services

Third generation (3G) mobile services have not performed as much as they were expected to do a decade ago due to limited exemplary handset capacity, overlooking subscriber behavior and so on. This paper examined customers’ behavioral intention of adopting 3G value-added services, particularly, the Technology Acceptance Model (TAM) and Theory of Planned Behavior (TPB) models. Structural Equation Modeling (SEM) was...

Author(s): Ming-Yu Zhang, Ke-Hwa Lee and Shih-Chih Chen

January 2012

Operating leverage and systematic risk

The aim of this paper is to study the effect of operating leverage in the systematic risk of listed companies in Tehran Stock Exchange. In this study, operating leverage (OL) as independent variable and systematic risk (β) as the dependent variable are considered. SIG ≤ 0.05 means H0 hypothesis is rejected; otherwise there is no adequate reason for rejecting H0. For testing the hypothesis of this...

Author(s): Kheder Alaghi

January 2012

Focusing resources for customer loyalty: An application to the Chilean banking industry

A model is proposed that should enable banking industry executives to better focus resources on loyalty programs by determining which factors are most valued by customers in their decisions to stay with their present bank. The model factors include intangibles drawn from concepts of intellectual capital that influence customers’ perceptions of image, service quality, satisfaction and loyalty. A structural equation...

Author(s): Sara Arancibia Carvajal, Adrián Leguina Ruzzi, Ángel Fernández Nogalesand Mónica Gómez Suárez

January 2012

The relationship between organizational justice and organizational efficacy in higher education institutes

The purpose of this study is to survey the relationship between organizational justice and organizational efficacy in higher education institutes in Iran. The research methodology used is mapping studies research tools comprising the standard questionnaires of organizational justice. Niehoff-Morfen and Pearsons organizational efficacy also confirm its validity and their reliability was measured by Cronbach test as 81...

Author(s): Mahmood Ghorbani and Mahnoosh Jehanshahi

January 2012

The fascination with management gurus: An exploratory argument

This conceptual paper investigates our fascination with management gurus; those who dictate opinion on how organizations should be managed. By revisiting Plato, it is obvious that these views are subjective representations of reality. Furthermore, it is argued that the flaw lies with those who follow, rather than with the gurus. It is not the intention to discredit any of the big names in management opinion, but rather...

Author(s): Geoff A Goldman

January 2012

Eastern perspective of corporate social responsibility: An exploratory study

Corporate Social Responsibility (CSR) is an emerging trend in the eastern world. The West has vast research in this area but less work has been done in the east. This research aims to find the purposes and results of CSR in the east. Society improvements, customer and competition are taken as the purposes from the literature to check it in eastern society. Gaining reputation, profitability, differentiation and exploring...

Author(s): Mohammad Farooq Hussain, Moina Hussain, Rizwan Ahmad and Rabia Ijaz

January 2012

Identifying and overcoming constraints to recovering agricultural loan: The case of Bangladesh Krishi (agricultural) Bank

The study aims to investigate agricultural loan disbursement and recovery problems faced by Bangladesh Krishi (agricultural) Bank and suggest measures to overcome these problems. Survey data were collected from 90 bank officials entrusted with the responsibility of disbursing and recovering loans. Secondary data were also used for this purpose. The findings indicated that to the extent that a reporting system allowing...

Author(s): Mohammed S. Chowdhury, Sheikh Mohammed Rafiul Huque and Zahurul Alam

January 2012

Debt financing to new small ventures in South Africa: The impact of collateral, ethics and the legal system

The purpose of the study on which this article is based was to ascertain to what extent collateral, ethics and the legal system impact on the availability of bank and trade credit to new SMEs in South Africa. Focusing on both commercial banks (using collateral) and trade creditors (unsecured), this study created a unique opportunity to assess the impact of collateral on the importance of ethical behavior and the...

Author(s): Alphonso Van Aardt Smit and Olawale Olufunso Fatoki

January 2012

Determinant of the asymmetric alliances in Taiwan-based semiconductor (SC) firms: Influences of technological network position and dyadic firm resources

This study examines the effect of network-based technology position and dyadic firm attributes on the formation of asymmetric alliances from the perspective of Social Network Analysis (SNA) approach. Drawing on data from 141 Taiwan-based semiconductor (SC) firms, which formed inter-firm alliances during 1998-2002, this study finds that most small- and medium-sized firms in the sample are keenly interested in forming...

Author(s): Hsin-Mei Lin, Chang, Yu-fang Chang, Sujian Huang and Qin Wang

January 2012

Implementation of balanced scorecard (BSC) in small, auto-parts manufacturing companies: Sahand Khodro Company of Tabriz

Nowadays, many organizations are mainly concerned about codification and implementation of strategies which ensure their success and survival in ever-changing, complex environmental circumstances. Balanced scorecard (BSC) provides a means for organizations to codify and execute strategies in different aspects of the organization and manage their strategic performance. In order to implement the BSC in Sahand Khodro...

Author(s): Mohammad Taghi Amini and Samad Khabbaz Bavil

January 2012

Measuring the financing and business performance of the information technology industry

Information technology (IT) firms are facing ever-increasing competition and challenges in today’s globalized economy, and especially, firms in the advanced emerging market need to focus on improving their performance in order to remain highly competitive to survive. According to the business process of firms and IFRS (international financial reporting standards), this study applies an alternative data...

Author(s): Dong Shang Chang, Po Wen Kuo and Shou Min Tsao

January 2012

New evidence on determinants of corporate effective tax rates

This article attempts to explain the different levels of effective tax rates across firms and by means of quantile regression method, this article detect the variation in the sensitivity of firms’ effective tax rates (ETRs) to return on assets, capital intensity, inventory intensity, leverage and firm size across the major quantiles of the ETR distribution. The key empirical results show that not all large firms...

Author(s): Yao-Chih Hsieh

January 2012

Application of stochastic model in identifying consumption abnormal decline customers

The goal many enterprises pursue is estimating the future revenue in order to develop market targets. This paper describes a new Gamma-Gamma Model to estimate revenue for a future time unit. A stochastic model has a large inaccuracy when used to forecast individual future purchases of a customer, however, the prediction error is small for the sum of all the customers’ future purchases which reflects...

Author(s): Liu Weijiang, Yang Xue, Wang Xiaofeng and Wang Yu Xi

January 2012

Factors responsible for rural household participation in institutional credit programs in Pakistan

Institutional credit plays a pivotal role in increasing farm production and improving the socioeconomic life of farmers. However, procuring credit from formal lending institutions is not easy. A number of pre-conditions are to be fulfilled to qualify for the institutional credit. This paper explores the factors that account for a household’s participation in formal agricultural credit programs. The study was...

Author(s): Inayatullah Jan and Himayatullah Khan

January 2012

Performance comparison of artificial neural network (ANN) and support vector machines (SVM) models for the stock selection problem: An application on the Istanbul Stock Exchange (ISE) - 30 index in Turkey

Support vector machines (SVM) and artificial neural networks (ANN) are machine learning methods that find a wide range of applications both in the field of engineering and social sciences. Recently, studies especially in the field of finance for the classification and estimation make it necessary to use these methods often in this area. In this study, different SVM and ANN models for the problem of stocks selection...

Author(s): Mehpare TÄ°MOR, Hasan DÄ°NÇER and Åženol EMÄ°R