| 1 |
Author(s):
Abere Mojisola Anne, Ogunsanwo Odunayo Femi, Olowo Samson Oluwole, Edewusi Damilola Gabriel.
Page No : 1-16
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A Test of Stock Market Efficiency in Nigeria: The Stock Supply Approach
Abstract
The study empirically attempted a test of stock market efficiency in Nigeria. The study employed stock market variables (market capitalization, all share index, volume of share and total value of shares) to cover the period of 31 years which spanned between 1986 and 2016. The data were sourced from CBN statistical bulletin and Stock Exchange annual report. The analysis was made through Descriptive statistics which involved trend analysis. The descriptive result revealed that the NSE followed the theory of random walk. This suggests that the current values do not have memory and thus, past values cannot be used to predict the current value. The trend analysis revealed the performance of stock market indices thereby indicating that any change that occurs in the supply of stock cannot be too small or unimportant to be of concern on stock price. This is because price movement of today may significantly determine price movement of tomorrow Based on this, the study recommended that there is the need for proper awareness on the benefits inherent in the capital market.
| 2 |
Author(s):
Ojukwu Henry Sonna, Nsoedo Onyekachukwu.
Page No : 17-49
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Ethical Climates and Job Satisfaction in Selected Manufacturing Firms in Anambra State, Nigeria
Abstract
Unethical practices such as embezzlement, fraudulent practices, deception, favouritism, and nepotism are continuously seen as the issues being raised by workers in the manufacturing sector. The objective of this study is to examine the relationship between ethical climate and job satisfaction in selected manufacturing companies in Anambra state. A descriptive type of survey design was utilized for the study. The population of the study involves all employees of the three selected manufacturing companies in Nigeria. The manufacturing companies include; Cutix cable Plc, Ibeto Group Plc, and Adswitch Ltd, with a total number of 398 employees. The sample size of the study stood at 200 after utilizing Taro Yamane’s formula. The descriptive statistics described the sample in terms of the responses to the questions using frequencies, means and standard deviations. Regression analysis was used in testing the hypotheses. The variables of ethical climate had a significant positive relationship with supervisor, job variety and compensation.
| 3 |
Author(s):
Dr. Rodrigo Navarro, Dr. Murillo de Oliveira Dias.
Page No : 50-66
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Three-Strategy Level Negotiation Model and Four-Type Negotiation Matrix Applied to Brazilian Government Negotiation Cases
Abstract
In this article, we tested and applied two negotiation tools into four Brazilian Government negotiation cases: (i) the Three-Strategy Level Negotiation Model, and (ii) the Four-Type Negotiation Matrix, aiming at addressing the nuances and challenges of Government negotiations in general. Key findings revealed both models suitable for deepening the current epistemology on the subject under review. Also, evidence suggests the adoption of integrative negotiation strategies for better deals. This research is intended to provide managers, practitioners, decision-makers, government agents, institutional government relations agents, with a new perspective on the negotiation dimensions, through the taxonomy presented. Implications of the four case findings for managerial practice are discussed.
| 4 |
Author(s):
Anetoh John Chidume, Anetoh Vivian Chioma, Okeke Goodfaith Nnenna, Okeke-Ezeanyanwu Joy A., Obiezekwem Chukwujekwu Jeffery.
Page No : 67-84
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Entrepreneurial Marketing and Performance of Chemical Manufacturing Firms In Nigeria
Abstract
The study examined the influence of entrepreneurial marketing on performance of selected chemical manufacturing firms in Nigeria using Anambra State as point of reference. The study investigated the extent entrepreneurial marketing dimensions of innovativeness, proactiveness risk management and opportunity recognition influence the performance of the selected chemical manufacturing firms in Anambra State of Nigeria. The study adopted a cross sectional survey research design. The target population of the study was 4932 while the sample size was 370. Primary source of data collection for analysis was used. The study utilized 346 usable copies of questionnaire and evaluated the influence of entrepreneurial marketing measures on the performance of chemical manufacturing firms in Anambra State of Nigeria. Structural equation modeling technique was used to test the four formulated hypotheses at 5% level of significance. The findings from the research showed that entrepreneurial innovativeness, proactiveness, risk management and opportunity recognition had positive significant influence on the performance of chemical manufacturing firms in Anambra State of Nigeria. The research recommends that Nigerian chemical manufacturers and entrepreneurs should continue to invest more on entrepreneurial marketing dimensions for improved performance and sustainability.
| 5 |
Author(s):
Julius T. Ndaghu, Faiza A. Bawuro, Gbenga F. Babarinde, Mathew O. Gidigbi.
Page No : 85-92
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Growing and Sustaining Innovative Enterprises: A Lesson for the Next Generation of Innovators
Abstract
Countries all over the world, are gradually approaching a new level of technological disruption with innovation being the major catalyst. However, many entrepreneurs are struggling with strategies to initiate innovative activities for their enterprises. Most innovators come up with completely new ideas and turn them into viable businesses. They tend to be extremely passionate and obsessive, deriving motivation from the unique nature of their business ideas. In this paper, we discussed the value of innovation as a strategy to engage entrepreneurial actions to achieve a competitive advantage. A lack of innovative actions in today’s global economy could be a recipe for enterprises failure, hence this paper revealed that, innovators can have a renewed dynamism of approach for the disruptive future they will soon confront. The paper further discusses strategies to create innovative enterprises and innovative approaches to consumers’ needs in order to increase sales, revenue and ultimately profitability for business sustainability. Finally, we discussed strategies for reinvention of new products and how businesses can compete successfully in the new face of technological disruption.
