Pub Date : 2023-02-15DOI: 10.1080/15228916.2023.2172990
David Oluseun Olayungbo, Mamdouh Abdulaziz Saleh Al-Faryan, A. Zhuparova
{"title":"Network Granger Causality Linkages in Nigeria and Developed Stock Markets: Bayesian Graphical Analysis","authors":"David Oluseun Olayungbo, Mamdouh Abdulaziz Saleh Al-Faryan, A. Zhuparova","doi":"10.1080/15228916.2023.2172990","DOIUrl":"https://doi.org/10.1080/15228916.2023.2172990","url":null,"abstract":"","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45332656","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 : 2023-02-08DOI: 10.1080/15228916.2023.2170856
R. Essel
{"title":"The Effect of Capital Structure on Corporate Performance: Panel Empirical Evidence of an Emerging Capital Market","authors":"R. Essel","doi":"10.1080/15228916.2023.2170856","DOIUrl":"https://doi.org/10.1080/15228916.2023.2170856","url":null,"abstract":"","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48927883","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 : 2023-01-31DOI: 10.1080/15228916.2023.2170860
Kwame Adom, B. Ackom
{"title":"Towards a Greater Understanding of the Prevalence of Immigrant Entrepreneurship in the Informal Economy of Ghana: An Institutional Theory Perspective","authors":"Kwame Adom, B. Ackom","doi":"10.1080/15228916.2023.2170860","DOIUrl":"https://doi.org/10.1080/15228916.2023.2170860","url":null,"abstract":"","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44772393","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 : 2023-01-30DOI: 10.1080/15228916.2023.2171023
A. Yeboah, E. Afrifa-Yamoah
{"title":"The Influence of Social Presence on Customer Loyalty in Emerging Market Retail Industry: The Mediating Role of Trust","authors":"A. Yeboah, E. Afrifa-Yamoah","doi":"10.1080/15228916.2023.2171023","DOIUrl":"https://doi.org/10.1080/15228916.2023.2171023","url":null,"abstract":"","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44632708","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 : 2023-01-26DOI: 10.1080/15228916.2023.2166325
Hamza Akorede
{"title":"The Moderating Effect of Age and Debt on the Relationship Between Intellectual Capital and Firm Performance: A Developing Country Perspective","authors":"Hamza Akorede","doi":"10.1080/15228916.2023.2166325","DOIUrl":"https://doi.org/10.1080/15228916.2023.2166325","url":null,"abstract":"","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-01-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42429108","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 : 2023-01-23DOI: 10.1080/15228916.2023.2168970
Irene Mkini Lugalla, J. Jacobs, W. Westerman
{"title":"What Drives Women Entrepreneurs in Tourism in Tanzania?","authors":"Irene Mkini Lugalla, J. Jacobs, W. Westerman","doi":"10.1080/15228916.2023.2168970","DOIUrl":"https://doi.org/10.1080/15228916.2023.2168970","url":null,"abstract":"","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-01-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41277356","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 : 2023-01-20DOI: 10.1080/15228916.2023.2166318
Patrick A. Akanpaaba, Ahmed Agyapong, Henry Kofi Mensah, Samuel Yaw Akomea
This study explores the mechanisms and boundary conditions that will enhance the effective transformation of the firm’s market orientation (MO) into firm market performance (PERF). We examined how MO influences PERF directly and indirectly through the firm’s new product development capability (NPDC). We also examined the indirect conditional effect of social capital (SC) on the MO-PERF relationship through the NPDC of the firm. Data from 313 managers and owners of small and medium enterprises (SMEs) in Ghana was used for the study. Data were analyzed using the conditional process analysis software PROCESS in SPSS 23.0. Findings indicate that MO has a significant influence on PERF. Further, NPDC partially mediates the relationship between MO and PERF. We also found the indirect relationship between MO and PERF to be declining at higher levels of SC. The study clarifies the divergent views of the impact of MO on performance by introducing NPDC and SC in the relationship.
{"title":"Does Market Orientation Lead to Firm Performance? Exploring the Mechanisms and Boundary Conditions","authors":"Patrick A. Akanpaaba, Ahmed Agyapong, Henry Kofi Mensah, Samuel Yaw Akomea","doi":"10.1080/15228916.2023.2166318","DOIUrl":"https://doi.org/10.1080/15228916.2023.2166318","url":null,"abstract":"This study explores the mechanisms and boundary conditions that will enhance the effective transformation of the firm’s market orientation (MO) into firm market performance (PERF). We examined how MO influences PERF directly and indirectly through the firm’s new product development capability (NPDC). We also examined the indirect conditional effect of social capital (SC) on the MO-PERF relationship through the NPDC of the firm. Data from 313 managers and owners of small and medium enterprises (SMEs) in Ghana was used for the study. Data were analyzed using the conditional process analysis software PROCESS in SPSS 23.0. Findings indicate that MO has a significant influence on PERF. Further, NPDC partially mediates the relationship between MO and PERF. We also found the indirect relationship between MO and PERF to be declining at higher levels of SC. The study clarifies the divergent views of the impact of MO on performance by introducing NPDC and SC in the relationship.","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135201612","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 : 2023-01-16DOI: 10.1080/15228916.2023.2165894
Benjamin R. Tukamuhabwa
ABSTRACT Today’s agro-food supply chains have become increasingly complex and vulnerable to risks, which affect their performance. Nevertheless, research on agro-food supply chain performance (SCP) is reportedly limited. And the mechanism through which supply chain orientation (SCO) builds SCP, especially in developing economies is less understood. Therefore, this paper explores the relationship between SCO and SCP, and incorporates the mediating role of supply chain risk management (SCRM) capabilities. Cross-sectional survey data collected from 247 agro-food processing firms in Uganda are analyzed by using Partial Least Square Structural Equation Modeling. The findings reveal that SCO positively and significantly influences both SCP and SCRM capabilities. Furthermore, SCRM capabilities partially mediate in the relationship between SCO and SCP. The novelty of this research is twofold: First, it establishes the relationship between SCO and SCP in a unique context of agro-food processing firms in a developing country. Second, it reveals the partial mediating role of SCRM capabilities, thereby addressing the gap of the need to explore the mechanisms through which SCO influences SCP. The fundamental implication of the study findings for practicing managers and other relevant stakeholders in agro-food processing firms in Uganda and other contextually similar economies is that, a focus on SCO can improve SCP, but it is important to further emphasize building SCRM capabilities as mechanisms for maximizing the overall SCP.
{"title":"Supply Chain Orientation and Supply Chain Risk Management Capabilities: Mechanisms for Supply Chain Performance of Agro-Food Processing Firms in Uganda","authors":"Benjamin R. Tukamuhabwa","doi":"10.1080/15228916.2023.2165894","DOIUrl":"https://doi.org/10.1080/15228916.2023.2165894","url":null,"abstract":"ABSTRACT Today’s agro-food supply chains have become increasingly complex and vulnerable to risks, which affect their performance. Nevertheless, research on agro-food supply chain performance (SCP) is reportedly limited. And the mechanism through which supply chain orientation (SCO) builds SCP, especially in developing economies is less understood. Therefore, this paper explores the relationship between SCO and SCP, and incorporates the mediating role of supply chain risk management (SCRM) capabilities. Cross-sectional survey data collected from 247 agro-food processing firms in Uganda are analyzed by using Partial Least Square Structural Equation Modeling. The findings reveal that SCO positively and significantly influences both SCP and SCRM capabilities. Furthermore, SCRM capabilities partially mediate in the relationship between SCO and SCP. The novelty of this research is twofold: First, it establishes the relationship between SCO and SCP in a unique context of agro-food processing firms in a developing country. Second, it reveals the partial mediating role of SCRM capabilities, thereby addressing the gap of the need to explore the mechanisms through which SCO influences SCP. The fundamental implication of the study findings for practicing managers and other relevant stakeholders in agro-food processing firms in Uganda and other contextually similar economies is that, a focus on SCO can improve SCP, but it is important to further emphasize building SCRM capabilities as mechanisms for maximizing the overall SCP.","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-01-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45739415","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 : 2023-01-09DOI: 10.1080/15228916.2023.2165897
Cynthia Michaela Quaicoo, Richard Kwasi Bannor
ABSTRACT This study aimed to examine the relationship between the Separation of Ownership and Management (SOM) and the performance of poultry farms in Ghana. Binary Probit regression was used to examine the factors influencing SOM and the owner’s willingness to separate management from ownership. The Propensity Score Matching (PSM) model and Instrumental Variable Tobit Regression were used to analyze the impact of SOM on financial and non-financial performances. The results revealed that most farms studied had separate ownership and management roles, but owners still exerted the same amount of control over farm operations. SOM was determined to significantly impact the financial performance variable of total assets but did not impact total sales revenue and non-financial performance variables of employee satisfaction or corporate social responsibility. Owner’s demographics, perception and control variables, and farm characteristics have varying influences on the separation of ownership and management and the willingness to undertake the same.
{"title":"Examining the Impact of the Separation of Ownership from Management on the Performance of Small and Medium Poultry Agribusinesses in Ghana","authors":"Cynthia Michaela Quaicoo, Richard Kwasi Bannor","doi":"10.1080/15228916.2023.2165897","DOIUrl":"https://doi.org/10.1080/15228916.2023.2165897","url":null,"abstract":"ABSTRACT This study aimed to examine the relationship between the Separation of Ownership and Management (SOM) and the performance of poultry farms in Ghana. Binary Probit regression was used to examine the factors influencing SOM and the owner’s willingness to separate management from ownership. The Propensity Score Matching (PSM) model and Instrumental Variable Tobit Regression were used to analyze the impact of SOM on financial and non-financial performances. The results revealed that most farms studied had separate ownership and management roles, but owners still exerted the same amount of control over farm operations. SOM was determined to significantly impact the financial performance variable of total assets but did not impact total sales revenue and non-financial performance variables of employee satisfaction or corporate social responsibility. Owner’s demographics, perception and control variables, and farm characteristics have varying influences on the separation of ownership and management and the willingness to undertake the same.","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45068450","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 : 2023-01-05DOI: 10.1080/15228916.2022.2164413
A. A. Yeboah-Banin
ABSTRACT Choosing the most effective language is critical when advertising to multilingual audiences as the success of any advertising campaign depends on whether the audience “gets” the message. This paper argues that in Africa, “getting the message” is partly dependent on language given that indigenous languages, colonial legacy languages and blends between them compete for audience attention. Using Elaboration Likelihood Model (ELM) arguments, the study examines this possibility among a 1000 multilingual audience members in five cosmopolitan cities in Ghana. Findings show that advertisements are not consumed in a language vacuum and that language blends are the most appealing to the multilingual audience. The study also finds that attention to, and belief in advertisements are partly shaped by language preference. Besides these empirical contributions, the study positions the ELM as a viable theoretical lens for analyzing the implications of advertising language. Its use of an African sample to test the ELM’s assumptions also introduces novel evidence to the theory’s body of scholarship. Recommendations are made on how advertising practitioners and brand communicators may take advantage of language as an important segmentation criterion in advertising strategy.
{"title":"Does Language Matter When Advertising to Africa’s Multilingual Audience? An ELM Study of Audience Language Preference and Responses","authors":"A. A. Yeboah-Banin","doi":"10.1080/15228916.2022.2164413","DOIUrl":"https://doi.org/10.1080/15228916.2022.2164413","url":null,"abstract":"ABSTRACT Choosing the most effective language is critical when advertising to multilingual audiences as the success of any advertising campaign depends on whether the audience “gets” the message. This paper argues that in Africa, “getting the message” is partly dependent on language given that indigenous languages, colonial legacy languages and blends between them compete for audience attention. Using Elaboration Likelihood Model (ELM) arguments, the study examines this possibility among a 1000 multilingual audience members in five cosmopolitan cities in Ghana. Findings show that advertisements are not consumed in a language vacuum and that language blends are the most appealing to the multilingual audience. The study also finds that attention to, and belief in advertisements are partly shaped by language preference. Besides these empirical contributions, the study positions the ELM as a viable theoretical lens for analyzing the implications of advertising language. Its use of an African sample to test the ELM’s assumptions also introduces novel evidence to the theory’s body of scholarship. Recommendations are made on how advertising practitioners and brand communicators may take advantage of language as an important segmentation criterion in advertising strategy.","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":null,"pages":null},"PeriodicalIF":1.9,"publicationDate":"2023-01-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45617841","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}