Political Instability, Corruption and Enterprise Performance Nexus: Lessons and Policy Implications for Some Selected African Countries

IF 2.1 Q3 BUSINESS Journal of African Business Pub Date : 2021-10-21 DOI:10.1080/15228916.2021.1962156

M. D. Watabaji, Arega Shumetie

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引用次数: 4

Abstract

ABSTRACT The aim of this study is to investigate the interactions among political instability, corruption and enterprise performance in some selected African countries. Survey data collected by the World Bank from 5,780 enterprises in 2013 and 3,616 enterprises in 2016 from some 18 African countries were used for this study. Descriptive statistics and econometric models were employed for data analysis. We found that covariates such as corruption, power outage, budget and time allotted for R&D, participation in foreign markets, and provision of formal training to employees showed greasing effects on the wheels of enterprise performance in Africa, due to poor functioning of the institutions. On the other hand, political instability and being confined to domestic markets have mediating sanding effects on enterprise performance. The originality and relevance of this study are based on its novelty to establishing a nexus among corruption, political instability and enterprise performance in African context based on survey data collected from 18 African countries and thus providing a new insight on the causal relationships among these key variables.

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政治不稳定、腐败与企业绩效的关系：对一些非洲国家的经验教训和政策启示

摘要本研究的目的是调查一些选定的非洲国家的政治不稳定、腐败和企业绩效之间的相互作用。本研究使用了世界银行2013年从约18个非洲国家的5780家企业和2016年从3616家企业收集的调查数据。数据分析采用描述性统计和计量经济学模型。我们发现，腐败、停电、分配给研发的预算和时间、参与外国市场以及为员工提供正式培训等协变量，由于机构运作不佳，对非洲企业绩效的车轮产生了润滑作用。另一方面，政治不稳定和局限于国内市场对企业业绩产生了中介作用。这项研究的独创性和相关性是基于其新颖性，即根据从18个非洲国家收集的调查数据，在非洲背景下建立腐败、政治不稳定和企业绩效之间的联系，从而对这些关键变量之间的因果关系提供了新的见解。

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来源期刊

Journal of African Business BUSINESS-

CiteScore

4.60

自引率

10.50%

发文量

期刊介绍： Journal of African Business is the official journal of the Academy of African Business and Development, the largest network of professionals committed to advancement of business development in African nations. JAB strives to comprehensively cover all business disciplines by publishing high quality analytical, conceptual, and empirical articles that demonstrate a substantial contribution to the broad domain of African business. Regardless of the research context, tradition, approach, or philosophy, manuscripts submitted to JAB must demonstrate that the topics investigated are important to the understanding of business practices and the advancement of business knowledge in or with Africa. Particularly, JAB welcomes qualitative and quantitative research papers. JAB is not, however, limited to African-based empirical studies. It searches for various contributions, including those based on countries outside Africa that address issues relevant to African business. Targeted toward academics, policymakers, consultants, and executives, JAB features the latest theoretical developments and cutting-edge research that challenge established beliefs and paradigms and offer alternative ways to cope with the endless change in the business world. Covered areas: Accounting; Agribusiness Management and Policy; Business Law; Economics and Development Policy; Entrepreneurship and Family Business; Finance; Global Business; Human Resource Management; Information and Communications Technology (ICT); Labor Relations; Marketing; Management Information Systems (MIS); Non-Profit Management; Operations and Supply Chain Management; Organizational Behavior and Theory; Organizational Development; Service Management; Small Business Management; Social Responsibility and Ethics; Strategic Management Policy; Technology and Innovation Management; Tourism and Hospitality Management; Transportation and Logistics