Pub Date : 2023-11-15DOI: 10.61090/aksujacog.2023.025
I. Bassey, E. L. Unanam
In the current competitive business environment, some businesses lose market share because customers do not buy their products or the message they get from their advertisements does not captivate their interest. This study examined how message characteristics affect students' preferences for selected noodles in Uyo. The specific objectives were to ascertain the extent to which the novelty of the advertising message, worthiness of the advertising message courteousness and use of conversational tone in the advertising message influence the preferences. To achieve the objectives of the study, a survey research design was adopted. The researchers utilized primary data through the use of a structured questionnaire. The population of the study was 44,631 students, 200 of them constituted the sample after adopting a purposive and multistage random sampling. The hypotheses were tested with both simple and multiple linear regression analysis. The simple regression analysis was used to test hypotheses one and two, while multiple regression was used to test hypotheses three. The findings revealed that novelty, newsworthiness, courteousness and the use of conversational tone significantly influence the preference for noodles in the study area. The study concluded that message characteristics of a product convey core information about the product and aid the consumer in making an informed decision about the product, as information is an integral part of marketing activity and that message characteristics perform an important role in marketing communications at the point of sales since they are important elements of modern lifestyle and branding process. It was recommended that noodles-producing firms maintain the novelty of the advertising message to enhance their level of consumer preference.
{"title":"Message Characteristics and Students’ Preference of Noodles in Uyo, Akwa Ibom State","authors":"I. Bassey, E. L. Unanam","doi":"10.61090/aksujacog.2023.025","DOIUrl":"https://doi.org/10.61090/aksujacog.2023.025","url":null,"abstract":"In the current competitive business environment, some businesses lose market share because customers do not buy their products or the message they get from their advertisements does not captivate their interest. This study examined how message characteristics affect students' preferences for selected noodles in Uyo. The specific objectives were to ascertain the extent to which the novelty of the advertising message, worthiness of the advertising message courteousness and use of conversational tone in the advertising message influence the preferences. To achieve the objectives of the study, a survey research design was adopted. The researchers utilized primary data through the use of a structured questionnaire. The population of the study was 44,631 students, 200 of them constituted the sample after adopting a purposive and multistage random sampling. The hypotheses were tested with both simple and multiple linear regression analysis. The simple regression analysis was used to test hypotheses one and two, while multiple regression was used to test hypotheses three. The findings revealed that novelty, newsworthiness, courteousness and the use of conversational tone significantly influence the preference for noodles in the study area. The study concluded that message characteristics of a product convey core information about the product and aid the consumer in making an informed decision about the product, as information is an integral part of marketing activity and that message characteristics perform an important role in marketing communications at the point of sales since they are important elements of modern lifestyle and branding process. It was recommended that noodles-producing firms maintain the novelty of the advertising message to enhance their level of consumer preference.","PeriodicalId":124778,"journal":{"name":"AKSU Journal of Administration and Corporate Governance","volume":"160 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139272474","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The study focused on the impact of workforce planning and organizational performance in Selected SMEs in Akwa Ibom State. It assessed the impact of demand forecasting and assessment, ascertained the effect of contingent workforce on organizational efficiency, examined the influence of succession planning on employee performance and determined the relationship between workforce planning and organizational performance in selected SMEs in Akwa Ibom State. The study made use of a survey design and adopted both primary and secondary sources of data to collect information from respondents. The target population was 170 respondents from eight selected SMEs in Akwa Ibom State, while the sample size was 119 respondents. Thus, a total of one hundred and nineteen (119) copies of the structured questionnaire were administered to eight selected SMEs in Akwa Ibom State, while ninety of them (90) were retrieved. These translated to a response rate of 75.6%. A regression model was used to test the hypotheses of the study. The study found that succession planning has a significant influence on the employee performance of selected SMEs in Akwa Ibom State and that there is a positive relationship between workforce planning and the organizational performance of selected SMEs in Akwa Ibom State. The study recommended that Organizations should adopt a workforce plan that will enable them to design the most appropriate organizational structure, acquire and maintain a sustainable pool of employees with the requisite skills and develop a blueprint that will help them adapt easily to ever-changing government policies.
{"title":"Workforce Planning and Organizational Performance in Selected SMEs in Akwa Ibom State","authors":"Imoh Sunday Akpan, S. Okebaram, Eyeyemi Feyisayo Pimaro, Charity Ifeyinwa Nwanka","doi":"10.61090/aksujacog.2023.021","DOIUrl":"https://doi.org/10.61090/aksujacog.2023.021","url":null,"abstract":"The study focused on the impact of workforce planning and organizational performance in Selected SMEs in Akwa Ibom State. It assessed the impact of demand forecasting and assessment, ascertained the effect of contingent workforce on organizational efficiency, examined the influence of succession planning on employee performance and determined the relationship between workforce planning and organizational performance in selected SMEs in Akwa Ibom State. The study made use of a survey design and adopted both primary and secondary sources of data to collect information from respondents. The target population was 170 respondents from eight selected SMEs in Akwa Ibom State, while the sample size was 119 respondents. Thus, a total of one hundred and nineteen (119) copies of the structured questionnaire were administered to eight selected SMEs in Akwa Ibom State, while ninety of them (90) were retrieved. These translated to a response rate of 75.6%. A regression model was used to test the hypotheses of the study. The study found that succession planning has a significant influence on the employee performance of selected SMEs in Akwa Ibom State and that there is a positive relationship between workforce planning and the organizational performance of selected SMEs in Akwa Ibom State. The study recommended that Organizations should adopt a workforce plan that will enable them to design the most appropriate organizational structure, acquire and maintain a sustainable pool of employees with the requisite skills and develop a blueprint that will help them adapt easily to ever-changing government policies.","PeriodicalId":124778,"journal":{"name":"AKSU Journal of Administration and Corporate Governance","volume":"423 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139271417","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The focus of this study was on the maintenance culture of road infrastructure and the socioeconomic development in Uyo Local Government Area, Akwa Ibom State, Nigeria. The study was guided by the assumptions of Talcott Parsons' Structural Functionalism Theory. The study adopted a descriptive survey design. The population of this study consisted of critical stakeholders which included eleven (11) Councilors, Chairman, Vice Chairman, Secretary and technocrats – Head of Local Government Service, Director of Finance, Director of Works, and Director of Environmental Health as key informants; and key workforce in AKROIMA and FERMA were part of the participants. The sample size for the study was 40 participants who were selected using purposive and snowballing non-probability sampling techniques. The study adopted observation, key informant interview (KII) and in-depth interview guide (IIG) as major instruments. The findings showed, among others, that maintenance culture is minimally felt in Uyo Local Government Area as a result of the slow response of the maintenance agencies to the deplorable roads in the area. Equally, prompt release of funds distorted by bureaucratic processes constituted a major hindrance to quick response which has affected the access to vital socio-economic institutions and marred the pace of socio-economic development in the study area. The study recommended stakeholders' concerted efforts through advocacy, support, and concern geared toward road maintenance for the development of social life and economic well-being.
{"title":"Maintenance Culture of Road Infrastructure and Socio Economic Development in Uyo Local Government Area Akwa Ibom State Nigeria","authors":"Sunday E. Offong, Okoro Sunday Asangausung, Nkereuwem Sampson Udom, Elijah Obio Solomon","doi":"10.61090/aksujacog.2023.022","DOIUrl":"https://doi.org/10.61090/aksujacog.2023.022","url":null,"abstract":"The focus of this study was on the maintenance culture of road infrastructure and the socioeconomic development in Uyo Local Government Area, Akwa Ibom State, Nigeria. The study was guided by the assumptions of Talcott Parsons' Structural Functionalism Theory. The study adopted a descriptive survey design. The population of this study consisted of critical stakeholders which included eleven (11) Councilors, Chairman, Vice Chairman, Secretary and technocrats – Head of Local Government Service, Director of Finance, Director of Works, and Director of Environmental Health as key informants; and key workforce in AKROIMA and FERMA were part of the participants. The sample size for the study was 40 participants who were selected using purposive and snowballing non-probability sampling techniques. The study adopted observation, key informant interview (KII) and in-depth interview guide (IIG) as major instruments. The findings showed, among others, that maintenance culture is minimally felt in Uyo Local Government Area as a result of the slow response of the maintenance agencies to the deplorable roads in the area. Equally, prompt release of funds distorted by bureaucratic processes constituted a major hindrance to quick response which has affected the access to vital socio-economic institutions and marred the pace of socio-economic development in the study area. The study recommended stakeholders' concerted efforts through advocacy, support, and concern geared toward road maintenance for the development of social life and economic well-being.","PeriodicalId":124778,"journal":{"name":"AKSU Journal of Administration and Corporate Governance","volume":"54 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139271160","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-15DOI: 10.61090/aksujacog.2023.031
O. O. Oyewo
The paper examined the challenges of policy implementation in Nigeria with a focus on inmate rehabilitation ideas in Nigerian correctional centres. Attempts to make prisons in Nigeria treatment or rehabilitation centres is not a recent phenomenon but the passage of the Nigerian Correctional Service Bill into law in 2019 was a watershed in the history of correctional rehabilitation in the country. In addition to the change of name to reflect rehabilitation as the goal of incarceration, Section 14 (1&2) of the 2019 Correctional Service Act provides for the rehabilitation of inmates as a core responsibility of the service. Using a desk research approach, the paper explored available information to examine the progress of inmate rehabilitation idea in Nigeria. However, challenges to effective policy implementation have negatively impacted the implementation of inmate rehabilitation policy in the country. Implementing effective inmate rehabilitation policies in Nigeria requires a holistic and sustained effort involving various stakeholders, including the government, non-governmental organisations and the community, staff training, assessment and classification of inmates, removal of legal and social barriers, improved funding, and improved collaboration with the non-governmental organisations.
{"title":"Inmate Rehabilitation Idea and the Challenges of Policy Implementation in the Nigerian Correctional Centres","authors":"O. O. Oyewo","doi":"10.61090/aksujacog.2023.031","DOIUrl":"https://doi.org/10.61090/aksujacog.2023.031","url":null,"abstract":"The paper examined the challenges of policy implementation in Nigeria with a focus on inmate rehabilitation ideas in Nigerian correctional centres. Attempts to make prisons in Nigeria treatment or rehabilitation centres is not a recent phenomenon but the passage of the Nigerian Correctional Service Bill into law in 2019 was a watershed in the history of correctional rehabilitation in the country. In addition to the change of name to reflect rehabilitation as the goal of incarceration, Section 14 (1&2) of the 2019 Correctional Service Act provides for the rehabilitation of inmates as a core responsibility of the service. Using a desk research approach, the paper explored available information to examine the progress of inmate rehabilitation idea in Nigeria. However, challenges to effective policy implementation have negatively impacted the implementation of inmate rehabilitation policy in the country. Implementing effective inmate rehabilitation policies in Nigeria requires a holistic and sustained effort involving various stakeholders, including the government, non-governmental organisations and the community, staff training, assessment and classification of inmates, removal of legal and social barriers, improved funding, and improved collaboration with the non-governmental organisations.","PeriodicalId":124778,"journal":{"name":"AKSU Journal of Administration and Corporate Governance","volume":"102 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139273630","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-15DOI: 10.61090/aksujacog.2023.017
Mahmoud Umar, Usman Bappi, Cleobas James
This study examined the effect of Information and Communication Technology (ICT) on revenue generation in Gombe State Internal Revenue Service to find out if the application of ICT increased the efficiency of revenue collection. The theory adopted for this study was the Technology Acceptance Model (TAM). The research design used was survey research in which information was gathered from a sample of respondents. The total population of the study was 98 staff of Gombe State Internal Revenue Service who constituted the sample size of the study. The questionnaire was administered using a simple random sampling technique. Data were analysed using average mean score, while the hypotheses were tested using Analysis of Variance (ANOVA) with the aid of Statistical Package for Social Sciences (SPSS). The findings of the study revealed that there is a significant difference in mean between the availability of ICT Infrastructure and an increase in Revenue Collection; that there is a moderate positive relationship between ICT availability and revenue generation in Gombe State Internal Revenue Service; and that there is a correlation Coefficient for the relationship between the introduction of ICT and the ease of doing business in Gombe State Internal Revenue Service. The study recommended, among others, that Gombe State Board of Internal Revenue should ensure an improved ICT infrastructure which includes completion of the fibre-optic network project, provision of adequate computer systems and reliable UPS to all offices for staff.
{"title":"The Effect of Information Communication Technology (ICT) on Revenue Generation in Gombe State Internal Revenue Service","authors":"Mahmoud Umar, Usman Bappi, Cleobas James","doi":"10.61090/aksujacog.2023.017","DOIUrl":"https://doi.org/10.61090/aksujacog.2023.017","url":null,"abstract":"This study examined the effect of Information and Communication Technology (ICT) on revenue generation in Gombe State Internal Revenue Service to find out if the application of ICT increased the efficiency of revenue collection. The theory adopted for this study was the Technology Acceptance Model (TAM). The research design used was survey research in which information was gathered from a sample of respondents. The total population of the study was 98 staff of Gombe State Internal Revenue Service who constituted the sample size of the study. The questionnaire was administered using a simple random sampling technique. Data were analysed using average mean score, while the hypotheses were tested using Analysis of Variance (ANOVA) with the aid of Statistical Package for Social Sciences (SPSS). The findings of the study revealed that there is a significant difference in mean between the availability of ICT Infrastructure and an increase in Revenue Collection; that there is a moderate positive relationship between ICT availability and revenue generation in Gombe State Internal Revenue Service; and that there is a correlation Coefficient for the relationship between the introduction of ICT and the ease of doing business in Gombe State Internal Revenue Service. The study recommended, among others, that Gombe State Board of Internal Revenue should ensure an improved ICT infrastructure which includes completion of the fibre-optic network project, provision of adequate computer systems and reliable UPS to all offices for staff.","PeriodicalId":124778,"journal":{"name":"AKSU Journal of Administration and Corporate Governance","volume":"11 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139274130","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The study focused on workforce training: A tool to boost the academic performance of selected tertiary institutions in Abia State. The study sought to ascertain the impact of coaching and mentoring on academic performance in selected tertiary institutions in Abia State. The study adopted a survey research design. The study employed a primary source of data. The population consisted of 2934 employees from the academic staff of the selected tertiary institutions in Abia State. The sample size of the study was 352 which was determined with the Taro Yamane formula. 15 copies of the questionnaire were lost, while 337 copies were retrieved, that is, 95.8% which formed the basis for the study. The stratified Random Sampling technique was used for the study, while the regression model was used to test the selected hypotheses. The findings of the study revealed that there is a significant relationship between coaching and mentoring on the academic performance of selected tertiary institutions in Abia State, with p-value = .004 < .05 significance level. The study recommended that institutions under the study should make sure that they improve on mentoring through training, seminars and workshops, on-the-job mentoring and conferences or formal mentoring programmes across many disciplines where academic resources should be allocated to identify reality.
{"title":"Workforce Training: A Tool to Boost Academic Performance of Selected Tertiary Institutions in Abia State","authors":"Uche Deborah Kelechi-Nwamuo, Meruo Emmanuel Okeoma","doi":"10.61090/aksujacog.2023.035","DOIUrl":"https://doi.org/10.61090/aksujacog.2023.035","url":null,"abstract":"The study focused on workforce training: A tool to boost the academic performance of selected tertiary institutions in Abia State. The study sought to ascertain the impact of coaching and mentoring on academic performance in selected tertiary institutions in Abia State. The study adopted a survey research design. The study employed a primary source of data. The population consisted of 2934 employees from the academic staff of the selected tertiary institutions in Abia State. The sample size of the study was 352 which was determined with the Taro Yamane formula. 15 copies of the questionnaire were lost, while 337 copies were retrieved, that is, 95.8% which formed the basis for the study. The stratified Random Sampling technique was used for the study, while the regression model was used to test the selected hypotheses. The findings of the study revealed that there is a significant relationship between coaching and mentoring on the academic performance of selected tertiary institutions in Abia State, with p-value = .004 < .05 significance level. The study recommended that institutions under the study should make sure that they improve on mentoring through training, seminars and workshops, on-the-job mentoring and conferences or formal mentoring programmes across many disciplines where academic resources should be allocated to identify reality.","PeriodicalId":124778,"journal":{"name":"AKSU Journal of Administration and Corporate Governance","volume":"28 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139275072","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-15DOI: 10.61090/aksujacog.2023.033
Aniefiok Ekanem, Sunday Effiong Ibanga
This study examined government administrative practices and the spread of COVID-19 in Akwa Ibom State, Nigeria, employing a survey research design. The study sought to ascertain the effect of lockdown and quarantine as administrative practices on the spread of COVID-19 in Akwa Ibom State. Data were collected from three hospitals, one from each of the three senatorial districts of the state. A descriptive research design was adopted to review data, using the Statistical Package for Social Science (SPSS) version 25. The Emergency management theory was reviewed as a basis for the explanation of concepts for the study. The findings of the study revealed a significant effect of lockdown administrative practices on reducing the spread of COVID-19, while quarantine administrative practices indicated an insignificant impact on the spread of COVID-19 in Akwa Ibom State. It was concluded that the use of lockdown and quarantine were useful administrative instruments for curtailing the spread of COVID-19 in Akwa Ibom State. The study therefore recommended that lockdown should be used in disease-endemic areas in Akwa Ibom state, especially in areas with high infection rates for Lassa fever and others. This would help curb infections like coronavirus. Also. there is a need for the government to retain all the activated quarantine centres for healthcare purposes if another pandemic occurs. This will reinforce the preventive capacity of the government to deal with such.
{"title":"Government Administrative Practices and Spread of COVID-19 in Akwa Ibom State, Nigeria","authors":"Aniefiok Ekanem, Sunday Effiong Ibanga","doi":"10.61090/aksujacog.2023.033","DOIUrl":"https://doi.org/10.61090/aksujacog.2023.033","url":null,"abstract":"This study examined government administrative practices and the spread of COVID-19 in Akwa Ibom State, Nigeria, employing a survey research design. The study sought to ascertain the effect of lockdown and quarantine as administrative practices on the spread of COVID-19 in Akwa Ibom State. Data were collected from three hospitals, one from each of the three senatorial districts of the state. A descriptive research design was adopted to review data, using the Statistical Package for Social Science (SPSS) version 25. The Emergency management theory was reviewed as a basis for the explanation of concepts for the study. The findings of the study revealed a significant effect of lockdown administrative practices on reducing the spread of COVID-19, while quarantine administrative practices indicated an insignificant impact on the spread of COVID-19 in Akwa Ibom State. It was concluded that the use of lockdown and quarantine were useful administrative instruments for curtailing the spread of COVID-19 in Akwa Ibom State. The study therefore recommended that lockdown should be used in disease-endemic areas in Akwa Ibom state, especially in areas with high infection rates for Lassa fever and others. This would help curb infections like coronavirus. Also. there is a need for the government to retain all the activated quarantine centres for healthcare purposes if another pandemic occurs. This will reinforce the preventive capacity of the government to deal with such.","PeriodicalId":124778,"journal":{"name":"AKSU Journal of Administration and Corporate Governance","volume":"38 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139272105","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-15DOI: 10.61090/aksujacog.2023.029
I. Acha, Keto Roosevelt Enow
This study was carried out to examine the effect of indirect monetary policy on the performance of the Nigerian Economy from 1993 to 2020. In carrying out the investigation, the researchers made use of various parameters which included real gross domestic product (RGDP) as a variable of economic performance, while open market operations (OMO), monetary policy rate (MPR), cash reserve ratio (CRR) and liquidity ratio (LQR) were used as monetary policy variables. In this study, secondary data were used, while the ex-post facto research design was employed. Multiple regression analyses, unit root tests and co-integration tests were the econometric techniques used for data analysis. The Augmented Dickey-Fuller (ADF) test statistic revealed that the time series properties of the variables were stationary at level, first and second differences. The variables were co-integrated with at least three cointegrating equations for the tested hypothesis. The multiple regression analysis results revealed that indirect monetary policy instruments explained approximately 73 per cent, of total variations in RGDP. The individual variables: OMO, MPR, and CRR were statistically significant to changes in RGDP, while LQR was statistically insignificant. The study found a positive relationship between indirect monetary policy and the performance of the Nigerian economy and further concluded that indirect monetary policy contributed positively to the performance of the Nigerian economy within the period under review.
{"title":"Indirect Monetary Policy and Performance of the Nigerian Economy","authors":"I. Acha, Keto Roosevelt Enow","doi":"10.61090/aksujacog.2023.029","DOIUrl":"https://doi.org/10.61090/aksujacog.2023.029","url":null,"abstract":"This study was carried out to examine the effect of indirect monetary policy on the performance of the Nigerian Economy from 1993 to 2020. In carrying out the investigation, the researchers made use of various parameters which included real gross domestic product (RGDP) as a variable of economic performance, while open market operations (OMO), monetary policy rate (MPR), cash reserve ratio (CRR) and liquidity ratio (LQR) were used as monetary policy variables. In this study, secondary data were used, while the ex-post facto research design was employed. Multiple regression analyses, unit root tests and co-integration tests were the econometric techniques used for data analysis. The Augmented Dickey-Fuller (ADF) test statistic revealed that the time series properties of the variables were stationary at level, first and second differences. The variables were co-integrated with at least three cointegrating equations for the tested hypothesis. The multiple regression analysis results revealed that indirect monetary policy instruments explained approximately 73 per cent, of total variations in RGDP. The individual variables: OMO, MPR, and CRR were statistically significant to changes in RGDP, while LQR was statistically insignificant. The study found a positive relationship between indirect monetary policy and the performance of the Nigerian economy and further concluded that indirect monetary policy contributed positively to the performance of the Nigerian economy within the period under review.","PeriodicalId":124778,"journal":{"name":"AKSU Journal of Administration and Corporate Governance","volume":"C-19 10","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139275858","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-15DOI: 10.61090/aksujacog.2023.024
Joseph A. Dada, F. A. Babatola, Adeyemi B. Adebusoye, Christianah O. Ajayi, Grace O. Dada
This study measured the relationship between of financial management capabilities and sustainable sales growth of selected small and medium enterprises using demographic characteristics as a mediating variable. Explanatory survey was used as a research design. The population of the study was 2465 registered Medium and Small Scale Enterprises (MSMEs) in Small and Medium Development Agency of Nigeria (Ogun State Chapter). The determined sample size of study was 288 copies of questionnaire validly retrieved from owners and managers of MSMEs and used for the analysis. Both descriptive and correlation analyses were employed for the test of the hypothesis through Statistical Package for Social Sciences (SPSS) software 22. The study revealed that MSMEs that are supposed to contribute to Gross Domestic Products of the state are collapsing due to lack of useful financial management capabilities (financial planning, financial forecasting, financial budgeting, & financial auditing and controlling) because of their business size and nature. The study concluded that MSMEs in food, agro-allied and services need to establish strong financial management capabilities to enhance their relevance, survival and growth in Ogun State. The study recommended that policy makers in Nigeria should embark on policy implementation that provides better and easier financial succour and empower MSME owners and managers to reduce the collapse of MSMEs in Ogun State.
{"title":"Financial Management Capabilities and Demographic Characteristics on Sustainable Sales Growth of Selected Small and Medium Enterprises (MSMEs) in Nigeria","authors":"Joseph A. Dada, F. A. Babatola, Adeyemi B. Adebusoye, Christianah O. Ajayi, Grace O. Dada","doi":"10.61090/aksujacog.2023.024","DOIUrl":"https://doi.org/10.61090/aksujacog.2023.024","url":null,"abstract":"This study measured the relationship between of financial management capabilities and sustainable sales growth of selected small and medium enterprises using demographic characteristics as a mediating variable. Explanatory survey was used as a research design. The population of the study was 2465 registered Medium and Small Scale Enterprises (MSMEs) in Small and Medium Development Agency of Nigeria (Ogun State Chapter). The determined sample size of study was 288 copies of questionnaire validly retrieved from owners and managers of MSMEs and used for the analysis. Both descriptive and correlation analyses were employed for the test of the hypothesis through Statistical Package for Social Sciences (SPSS) software 22. The study revealed that MSMEs that are supposed to contribute to Gross Domestic Products of the state are collapsing due to lack of useful financial management capabilities (financial planning, financial forecasting, financial budgeting, & financial auditing and controlling) because of their business size and nature. The study concluded that MSMEs in food, agro-allied and services need to establish strong financial management capabilities to enhance their relevance, survival and growth in Ogun State. The study recommended that policy makers in Nigeria should embark on policy implementation that provides better and easier financial succour and empower MSME owners and managers to reduce the collapse of MSMEs in Ogun State.","PeriodicalId":124778,"journal":{"name":"AKSU Journal of Administration and Corporate Governance","volume":"40 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139274082","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-15DOI: 10.61090/aksujacog.2023.028
Abasikponke Sunday Mkpanam, Ekong E. Daniel, Ofonmbuk Etido Atakpa
As organizations seek to expand their patronage for profit-making, they develop different strategies to establish equilibrium with the host communities. One such strategy is Corporate Social Responsibility (CSR) which has been ingrained in the organizational culture of Champion Breweries, Akwa Ibom State. However, some of the approaches of CSR have not matched the intrinsic essentials of socio-economic development, which is why the paper is aimed at examining the CSR of Champions Breweries to the host communities. The Stakeholder’s Theory was adopted for the study. The qualitative method represented through the descriptive research design was used for the study. Data were also obtained through the interview method. It was discovered that Champion Breweries have contributed to socioeconomic development in the host communities through donations for power supply, provision of annual scholarships to at least 10 indigenes of the host communities, and sponsoring free medical services. However, it was observed that these contributions were majorly presented in monetary forms through donations to certain institutions and projects, without concrete supervision on their uses and effects. It was recommended that Champions Breweries should not only focus on the monetary aspect of CSR but also include services, infrastructures and skill-based programmes in its CSR package.
{"title":"Social Corporate Responsibility of Champion Breweries and Socio-economic Development in Host Communities in Akwa Ibom State (2015-2022): A Critical Appraisal","authors":"Abasikponke Sunday Mkpanam, Ekong E. Daniel, Ofonmbuk Etido Atakpa","doi":"10.61090/aksujacog.2023.028","DOIUrl":"https://doi.org/10.61090/aksujacog.2023.028","url":null,"abstract":"As organizations seek to expand their patronage for profit-making, they develop different strategies to establish equilibrium with the host communities. One such strategy is Corporate Social Responsibility (CSR) which has been ingrained in the organizational culture of Champion Breweries, Akwa Ibom State. However, some of the approaches of CSR have not matched the intrinsic essentials of socio-economic development, which is why the paper is aimed at examining the CSR of Champions Breweries to the host communities. The Stakeholder’s Theory was adopted for the study. The qualitative method represented through the descriptive research design was used for the study. Data were also obtained through the interview method. It was discovered that Champion Breweries have contributed to socioeconomic development in the host communities through donations for power supply, provision of annual scholarships to at least 10 indigenes of the host communities, and sponsoring free medical services. However, it was observed that these contributions were majorly presented in monetary forms through donations to certain institutions and projects, without concrete supervision on their uses and effects. It was recommended that Champions Breweries should not only focus on the monetary aspect of CSR but also include services, infrastructures and skill-based programmes in its CSR package.","PeriodicalId":124778,"journal":{"name":"AKSU Journal of Administration and Corporate Governance","volume":"27 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139274960","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：