| 1 |
Author(s):
Christabel D. Brownson.
Page No : 1-15
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Power Failure and Entrepreneurial Behaviour in Akwa Ibom State
Abstract
Reliable electricity supply is a vital tool for successful operations of entrepreneurial businesses. However, unreliable power supply is one of the greatest problems confronting business activities in Nigeria. Although several research works have been done on the subject, none of such studies have examined power failure and entrepreneurial behaviour of entrepreneurs in Akwa Ibom State. It is therefore the aim of this study to investigate power failure and entrepreneurial behaviour of entrepreneurs in Uyo metropolis of Akwa Ibom State. Using a descriptive design, 120 entrepreneurs were examined purposively for the study. Findings revealed that frequent power failure in terms of power outage adversely affect the operations of the businesses in the state with high and low voltage damaging the machineries used by the entrepreneurs to operate their businesses leading to constant repairs, replacement, loss of patronage and impeding the growth of their businesses. Hence, it is recommended that the government should do more to arrest the issue of unreliable energy supply in the state to boost businesses and reduce high cost of operation due to the usage of personally sourced alternative power supply.
| 2 |
Author(s):
Elton Vakira, Njabulo Ndlovu, Chantelle M. Ncube, Bukosi D. Mpofu, Selinah B. Chirisa, Noel Mpofu, Sikhangezile Makwelo, Melissa Ncube, Thamsanqa Donga.
Page No : 16-35
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Antecedents, Consequences and Managerial Retention Strategies of Employee Turnover: A Case of Zimbabwe State Universities
Abstract
This paper analyzes the antecedents, consequences and retention strategies on employee turnover in State Universities. The study purposely sampled 30 employees from five state universities in Zimbabwe. The data were collected through the use of focus group interviews and each group consisted of six employees. Thematic analysis was employed to generate recurring themes from the interviews. The findings of the study show that the causes of employee exit were necessitated by several issues, such as poor career progression, lack of promotion, poor leadership strategies, location and poor working conditions. It was also revealed that staff exit causes work overload and high costs necessitated by recruitment and selection, and training of new employees. However, it was revealed that to mitigate against high employee turnover, top management must consider employing local people first if they qualify for the position. The study significantly contributes to academic researchers, HR practitioners and management because it highlights strategies that mitigate high employee turnover. Further to that, there is a dearth of research that explores strategies that reduce employee turnover in higher learning institutions, particularly in developing countries.
| 3 |
Author(s):
Iyabode Abisola Adelugba.
Page No : 36-50
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Comparative Effect of Moonlighting on Job Commitment, Retention and Satisfaction Between Academic Staff and Medical Doctors in Nigeria
Abstract
This study deals with the effect of moonlighting on job commitment, retention and satisfaction between academic staff and medical doctors of public institutions in Southwest Nigeria. Data were analysed through t-test, and multivariate analysis of variance (MANOVA). Evidence from MANOVA test indicates that moonlighting has a significant effect on the dependent variables of job commitment, retention and satisfaction respectively with comparative effect of 11% for academic staffs, 4% for medical doctors and 7% for the combined effect on academic staff and medical doctors respectively. Conclusions are drawn from the findings that moonlighting has a significant effect on job commitment, retention and satisfaction between academic staff and medical doctors of public institutions in the Southwestern region of Nigeria. The study recommends that Management of public institutions should develop HRM practices that can satisfying their employees with the aim of getting them more committed to their primary duties and assignments assigned to them.
| 4 |
Author(s):
Ityavyar Doosuur Vivian, Yua Henry.
Page No : 51-67
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The Influence of International Financial Reporting Standards on Financial Performance and Taxation of Selected Listed Firms in Nigeria
Abstract
The study examined the influence of international financial reporting standards on financial performance and taxation of five selected firms each from consumer goods, industrial goods and banking sectors in Nigeria between the period of 2009-2011 and post IFRS adoption period (2013-2020). The specific objectives of the study were to examine the effect of profitability of listed firms and IFRS adoption on taxation of selected firms in Nigeria. The study was anchored on agency and signaling theories. We employed descriptive statistics and paired sample t-tests in the analysis of data. Our findings show that mandatory adoption of IFRS has a significant impact on profitability of listed firms in Nigeria while IFRS has an insignificant impact on taxation of selected listed firms in Nigeria. There were no significant differences in the impact of IFRS adoption on profitability assessment between the key sectors of listed firms and there were no significant differences in the impact of IFRS adoption on taxation between the key sectors of listed firms in Nigeria. It was concluded that IFRS adoption has a significant possible impact on profitability and that taxation is significantly affected by IFRS adoption. Also, significant differences do not exist between the impact of IFRS adoption on the key sectors of listed firms in Nigeria, namely; consumer goods, industrial goods and the banking sectors. The study recommended amongst others that corporate managers should ensure compliance with IFRS since it positively impacts on profit.
| 5 |
Author(s):
Sharon John-Igbiele, Sherifat Olayinka Fowosere, Itohan Iyobhebhe.
Page No : 68-80
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Employee Burnout Due to ‘Japa’ Syndrome; Its Impact on Employee Creativity, Affective Commitment and Turnover Intention among Nigerian Pharmaceutical Workers
Abstract
The research study focused is to determining the effect of employee burnout on employee creativity, affective commitment and turnover intention in the pharmaceutical industry in Nigeria. With the growing global trend and ease of migration ‘Japa’, the level of employee burnout has been on an increase as an aftermath of delivering on the performance demands. The study focused on Maslach Inventory Model which categorised employee burnout into emotional exhaustion, Depersonalisation, and reduced personal accomplishment. A structured questionnaire was used to collect primary data from various pharmaceutical workers in the city of Lagos, Nigeria. A total of one hundred and eighty-four employees were sampled using the convenience sampling technique. The collated data were analysed using regression analysis was used to test the hypotheses. The findings reveal that; there is a significant relationship between employee burnout and employee creativity, there is a significant relationship between employee burnout and affective commitment, and there is a significant influence of employee burnout on turnover intention. The study, however, recommends that to strengthen the organization's burnout-reduction system, the organisation need to encourage various strategic business or functional units to design burnout-reduction programs and initiatives that they believe would be beneficial in their units. In relation to how employee burnout is addressed, the business may also devise a method to award the best unit in terms of creativity, innovation, commitment, and productivity.
| 6 |
Author(s):
F. Sadamoro, O. M. Ajayi, O. O. Ayodel, T. O. Areola.
Page No : 81-92
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Influence Of Relationship Marketing On Customers’ Loyalty Among Solar Power Consumers In Ekiti State, Nigeria
Abstract
The study investigated the effect of Customers Relationship Marketing on Customers’ Loyalty among Solar Power Consumers in Ekiti State, Nigeria. The study employed simple linear regression. The research findings revealed that customer loyalty is being explained by customer relationship marketing dimensions (commitment, trust and Customers’ complaint handling) to the tune of 60%, 68% and 91% respectively. The null hypotheses that relationship marketing components do not significantly affect customers’ loyalty were tested and rejected, their P-Values having been found significant at 0.05 level of significance. Thus, the alternative hypotheses were upheld. The study therefore recommends that solar power firms need to maintain a definite strategic plan to maintain customers’ trust, commitment and company’s customers’ complaint handling system as well as to show more care and concern when relating to their customers as all these give the consumers a sense of assurance and honor as revealed by the study.
| 7 |
Author(s):
Audu Yusuf, Sam Baba Tende, Ibrahim Yusuf Ohida.
Page No : 93-110
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Identification and Evaluation of the Determinants of Brand Image in the Food and Beverages Industry in Nasarawa State, Nigeria
Abstract
Most studies on brand image and corporate entities, especially in Nigeria, seem to focus on the effect of brand image on corporate performance with little consideration for the factors that determine or shape such images ab-initio. This study therefore seeks to identify some of the factors or brand characteristics that customers consider in making their brand image preference and determine how important each of these factors is in brand image formation in the Nigerian food and beverages products industry. Based on responses from 348 customers; data were analyzed using principal component analysis (PCA) with confirmatory Factor Analysis; (CFA) specifically. Results show that ten factors determine customers’ brand image of food and beverages products in Nigeria. Results also show that three of these ten factors; (i) awareness or popularity of the brand name itself, (ii) availability (convenience) and (iii) social image, (prestige) account for about 85% of brand image formation in the food and beverages products industry in Nigeria. The study therefore recommends that marketers should endeavor to improve, especially on these three aspects of their brands; to enhance their brand images and improve their corporate performances.
| 8 |
Author(s):
Dr. Gold Leton Kpurunee, Dr. Letam Nwibaedee.
Page No : 111-126
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Employee Recognition and Organizational Growth in Selected Oil Service Firms in Nigeria
Abstract
Organizations are striving to ensure an enabling working environment that motivates employees to feel engaged, acknowledged, retained, and respected. These promote efficiency, effectiveness, and organizational growth. The present study examined the relationship between employee recognition and organizational growth; and the survey was based on three selected oil service firms in Nigeria, with an accessible population of 90 staff of the selected oil service firms. Questionnaire copies were administered, and data was collected from the staff. Two hypotheses were formulated and tested, and the Pearson Product-Moment Correlation (PPMC) coefficient was used to test the strength and direction of the relationship between the variables. Findings revealed that employee recognition has a significant positive relationship with organizational growth. Thus, it was recommended that every organization should constantly ensure the recognition process as often as possible; they should employ the reward strategy, to increase their employee willingness and devotion to producing results; and Impactful rewards should be given to employees equitably for work inclusiveness and productivity.
