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":"24 1","pages":"673 - 699"},"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":"24 1","pages":"632 - 648"},"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}
Pub Date : 2022-11-02DOI: 10.1080/15228916.2022.2141865
Akinyele Okeremi, L. Caesar
ABSTRACT This paper principally explores the determinants of successful information technology entrepreneurship in Nigeria’s IT sector. It further examines the moderating effect of mentorship (either by an IT practitioner or a non-IT practitioner) in the correlation between the independent variables of interest and dependent variable. Literature from the developed markets underscores a positive relationship between training and successful entrepreneurship. However, such relationship is seldom explored within the context of developing markets such as Nigeria. Thus, this paper explores the impact of specific factors such as IT-focused entrepreneurial training, being born by entrepreneur parents, business school training, faith in a supernatural and mentorship on IT entrepreneurial success A quantitative research design involving a web-based survey was used to collect data among 297 participants. All collected data were screened and analyzed using binary logistic regression and Exploratory Factor Analysis. The results showed that IT entrepreneurs who are born by entrepreneur parents are more likely to succeed than those without such family backgrounds. Also, the attendance of a business school is a significant predictive factor for IT entrepreneurial success in Nigeria. Surprisingly, no significant correlation exists between formal education in the IT field and IT entrepreneurial success. Further, no significant moderating effect of mentorship was present. This implies that IT entrepreneurs in Nigeria need to harness the benefits of entrepreneurial family background and business school education to sustainably grow their businesses and become successful. Also, committed federal government backing is needed to introduce innovative entrepreneurial initiatives to improve competence among IT entrepreneurs in Nigeria. General business/management training is needed besides conventional IT training as the former is a better predictor of success among IT entrepreneurs. Finally, trainings need to focus on building competencies for relationship management to aid access to resources for innovation and growth. Future studies should consider a qualitative approach to investigating the mediating impact of mentorship on IT entrepreneurship success in Nigeria.
{"title":"Successful IT Entrepreneurship in Nigeria: The Contingent Role of Mentorship","authors":"Akinyele Okeremi, L. Caesar","doi":"10.1080/15228916.2022.2141865","DOIUrl":"https://doi.org/10.1080/15228916.2022.2141865","url":null,"abstract":"ABSTRACT This paper principally explores the determinants of successful information technology entrepreneurship in Nigeria’s IT sector. It further examines the moderating effect of mentorship (either by an IT practitioner or a non-IT practitioner) in the correlation between the independent variables of interest and dependent variable. Literature from the developed markets underscores a positive relationship between training and successful entrepreneurship. However, such relationship is seldom explored within the context of developing markets such as Nigeria. Thus, this paper explores the impact of specific factors such as IT-focused entrepreneurial training, being born by entrepreneur parents, business school training, faith in a supernatural and mentorship on IT entrepreneurial success A quantitative research design involving a web-based survey was used to collect data among 297 participants. All collected data were screened and analyzed using binary logistic regression and Exploratory Factor Analysis. The results showed that IT entrepreneurs who are born by entrepreneur parents are more likely to succeed than those without such family backgrounds. Also, the attendance of a business school is a significant predictive factor for IT entrepreneurial success in Nigeria. Surprisingly, no significant correlation exists between formal education in the IT field and IT entrepreneurial success. Further, no significant moderating effect of mentorship was present. This implies that IT entrepreneurs in Nigeria need to harness the benefits of entrepreneurial family background and business school education to sustainably grow their businesses and become successful. Also, committed federal government backing is needed to introduce innovative entrepreneurial initiatives to improve competence among IT entrepreneurs in Nigeria. General business/management training is needed besides conventional IT training as the former is a better predictor of success among IT entrepreneurs. Finally, trainings need to focus on building competencies for relationship management to aid access to resources for innovation and growth. Future studies should consider a qualitative approach to investigating the mediating impact of mentorship on IT entrepreneurship success in Nigeria.","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":"24 1","pages":"597 - 631"},"PeriodicalIF":1.9,"publicationDate":"2022-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43158851","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 : 2022-10-19DOI: 10.1080/15228916.2022.2135941
Anis El Ammari, Chokri Terzi
ABSTRACT Regarding the causality nexus between the various dimensions of corporate governance (ownership structure, dividend policy) and financial performance (return on equity, return on assets, Tobin’s Q), the empirical results are mixed. Therefore, this study tries to examine the existence and the direction of causal relationship between these major indicators in an emerging economy, namely Tunisia for a sample of 375 firm-years observations during the period 1996–2020. This study applies a bootstrap panel Granger non-causality test which takes into account cross-sectional dependence and slope heterogeneity issues. Results show the existence of both unidirectional and bidirectional significant causal link between the pair of used variables. Overall, when comparing between Kónya and Dumitrescu and Hurlin approaches, the findings highlight and confirm the convergence of the direction of causality between all variables used in this study.
{"title":"Causal Nexus Between Ownership Structure, Dividend Policy and Financial Performance: A Bootstrap Panel Granger non-causality Analysis","authors":"Anis El Ammari, Chokri Terzi","doi":"10.1080/15228916.2022.2135941","DOIUrl":"https://doi.org/10.1080/15228916.2022.2135941","url":null,"abstract":"ABSTRACT Regarding the causality nexus between the various dimensions of corporate governance (ownership structure, dividend policy) and financial performance (return on equity, return on assets, Tobin’s Q), the empirical results are mixed. Therefore, this study tries to examine the existence and the direction of causal relationship between these major indicators in an emerging economy, namely Tunisia for a sample of 375 firm-years observations during the period 1996–2020. This study applies a bootstrap panel Granger non-causality test which takes into account cross-sectional dependence and slope heterogeneity issues. Results show the existence of both unidirectional and bidirectional significant causal link between the pair of used variables. Overall, when comparing between Kónya and Dumitrescu and Hurlin approaches, the findings highlight and confirm the convergence of the direction of causality between all variables used in this study.","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":"24 1","pages":"562 - 579"},"PeriodicalIF":1.9,"publicationDate":"2022-10-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45675007","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}
Matrix metalloproteinases (MMPs) are essential proteins acting directly in the breakdown of the extra cellular matrix and so in cancer invasion and metastasis. Given its impact on tumor angiogenesis, monitoring MMP-14 provides strategic insights on cancer severity and treatment. In this work, we report a new approach to improve the electrochemical interaction of the MMP-14 with the electrode surface while preserving high specificity. This is based on the detection of the hemopexin (PEX) domain of MMP-14, which has a greater availability with a stable and low-cost commercial molecule, as a recognition element. This molecule, called NSC-405020, is specific of the PEX domain of MMP-14 within the binding pocket. Through the covalent grafting of the NSC-405020 molecule on carbon nanotubes (CNTs), we were able to detect and quantify MMP-14 using electrochemical impedance spectroscopy with a linear range of detection of 10 ng⋅mL-1 to 100 ng⋅mL-1, and LOD of 7.5 ng⋅mL-1. The specificity of the inhibitory small molecule was validated against the PEX domain of MMP-1. The inhibitor loaded CNTs system showed as a desirable candidate to become an alternative to the conventional recognition bioelements for the detection of MMP-14.
{"title":"Detecting the PEX Like Domain of Matrix Metalloproteinase-14 (MMP-14) with Therapeutic Conjugated CNTs.","authors":"D Vieira, J Barralet, E J Harvey, G Merle","doi":"10.3390/bios12100884","DOIUrl":"10.3390/bios12100884","url":null,"abstract":"<p><p>Matrix metalloproteinases (MMPs) are essential proteins acting directly in the breakdown of the extra cellular matrix and so in cancer invasion and metastasis. Given its impact on tumor angiogenesis, monitoring MMP-14 provides strategic insights on cancer severity and treatment. In this work, we report a new approach to improve the electrochemical interaction of the MMP-14 with the electrode surface while preserving high specificity. This is based on the detection of the hemopexin (PEX) domain of MMP-14, which has a greater availability with a stable and low-cost commercial molecule, as a recognition element. This molecule, called NSC-405020, is specific of the PEX domain of MMP-14 within the binding pocket. Through the covalent grafting of the NSC-405020 molecule on carbon nanotubes (CNTs), we were able to detect and quantify MMP-14 using electrochemical impedance spectroscopy with a linear range of detection of 10 ng⋅mL<sup>-1</sup> to 100 ng⋅mL<sup>-1</sup>, and LOD of 7.5 ng⋅mL<sup>-1</sup>. The specificity of the inhibitory small molecule was validated against the PEX domain of MMP-1. The inhibitor loaded CNTs system showed as a desirable candidate to become an alternative to the conventional recognition bioelements for the detection of MMP-14.</p>","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":"18 1","pages":""},"PeriodicalIF":4.9,"publicationDate":"2022-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9599479/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76469270","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-14DOI: 10.1080/15228916.2022.2135942
Selen Savas-Hall, J. R. Hall, George G. Gresham
ABSTRACT Although BOP markets have gained the attention of academicians and practitioners in recent years, there has been little focus on the younger generations’ perspective, especially in Africa, on the felt/unfelt change in their markets. This study follows a qualitative approach by conducting in-depth interviews with Generation Z consumers to better understand the recent advancements and challenges in service industries of one of the biggest BOP markets – Nigeria. This study suggests that the use of technology and investments in Nigeria have improved its service industries; however, six main challenges still exist, including inequality, unemployment, institutional weaknesses, lack of infrastructure, lack of trust and lack of safety. We contributed to 4As market framework by examining how these six main challenges directly impact awareness, access, availability, and affordability in service industries in Nigeria. This research also suggests that the uniqueness of BOP markets should be considered when customizing strategies, and that practitioners should reexamine their current efforts in BOP markets to become more effective and efficient with their innovations. We also aim to provide insights on various research ideas that academicians could further develop.
{"title":"Bottom of the Pyramid (Bop) Younger Consumers’ Perspective of Service Industries: A Qualitative Exploration of Nigeria","authors":"Selen Savas-Hall, J. R. Hall, George G. Gresham","doi":"10.1080/15228916.2022.2135942","DOIUrl":"https://doi.org/10.1080/15228916.2022.2135942","url":null,"abstract":"ABSTRACT Although BOP markets have gained the attention of academicians and practitioners in recent years, there has been little focus on the younger generations’ perspective, especially in Africa, on the felt/unfelt change in their markets. This study follows a qualitative approach by conducting in-depth interviews with Generation Z consumers to better understand the recent advancements and challenges in service industries of one of the biggest BOP markets – Nigeria. This study suggests that the use of technology and investments in Nigeria have improved its service industries; however, six main challenges still exist, including inequality, unemployment, institutional weaknesses, lack of infrastructure, lack of trust and lack of safety. We contributed to 4As market framework by examining how these six main challenges directly impact awareness, access, availability, and affordability in service industries in Nigeria. This research also suggests that the uniqueness of BOP markets should be considered when customizing strategies, and that practitioners should reexamine their current efforts in BOP markets to become more effective and efficient with their innovations. We also aim to provide insights on various research ideas that academicians could further develop.","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":"24 1","pages":"580 - 596"},"PeriodicalIF":1.9,"publicationDate":"2022-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49363077","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 : 2022-10-07DOI: 10.1080/15228916.2022.2131031
William Phanuel Kofi Darbi, C. Agyei
ABSTRACT The article aims to contribute to the under-developed research on pro-tribal behavior in organizations, by building on existing studies that focus either on economic or non-economic motivations and drivers of pro-tribal behavior at either individual, organizational, or societal levels of analysis. Drawing on Bourdieu’s social practice theory, we show how a multiplicity of drivers and motivations for pro-tribal behavior in the organization could emerge, interrelate and evolve by offering a new perspective that account for the interplay between economic and non-economic motivations; agency and structurally constrained aspects of human action; and the multiple levels of influences on pro-tribal behavior that extant studies have yet to fully explicate.
{"title":"Toward a Bourdieusian Perspective on the Tribe and Organisations","authors":"William Phanuel Kofi Darbi, C. Agyei","doi":"10.1080/15228916.2022.2131031","DOIUrl":"https://doi.org/10.1080/15228916.2022.2131031","url":null,"abstract":"ABSTRACT The article aims to contribute to the under-developed research on pro-tribal behavior in organizations, by building on existing studies that focus either on economic or non-economic motivations and drivers of pro-tribal behavior at either individual, organizational, or societal levels of analysis. Drawing on Bourdieu’s social practice theory, we show how a multiplicity of drivers and motivations for pro-tribal behavior in the organization could emerge, interrelate and evolve by offering a new perspective that account for the interplay between economic and non-economic motivations; agency and structurally constrained aspects of human action; and the multiple levels of influences on pro-tribal behavior that extant studies have yet to fully explicate.","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":"24 1","pages":"509 - 528"},"PeriodicalIF":1.9,"publicationDate":"2022-10-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44738730","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 : 2022-09-23DOI: 10.1080/15228916.2022.2126591
Imen Khelil, Achraf Guidara, Hichem Khlif
ABSTRACT This paper examines the relationship between ethical behavior of firms and foreign direct investments in African countries and tests whether the judicial independence moderates this association. The sample includes 108 country-year observations over a period of 2014–2017. Findings show that the ethical behavior of firms is positively associated with foreign direct investment. Similarly, judicial independence has a positive and significant effect on the same variable. When testing for the moderating effects of judicial independence, the association between ethical behavior of firms and foreign direct investment remains positive and significant for high judicial independence sub-sample, while it becomes insignificant for countries characterized by low judicial independence. The findings highlight the importance of business ethics in attracting foreign direct investment inflows in African countries. It also emphasizes the need to consider the role played by high judicial independence in strengthening this association. These results signal to policy makers in African countries the importance of adopting enforcing rules obliging firms to act ethically and strengthening judicial independence.
{"title":"Ethical Behavior of Firms and Foreign Direct Investments in African Settings: The Moderating Effect of Judicial Independence","authors":"Imen Khelil, Achraf Guidara, Hichem Khlif","doi":"10.1080/15228916.2022.2126591","DOIUrl":"https://doi.org/10.1080/15228916.2022.2126591","url":null,"abstract":"ABSTRACT This paper examines the relationship between ethical behavior of firms and foreign direct investments in African countries and tests whether the judicial independence moderates this association. The sample includes 108 country-year observations over a period of 2014–2017. Findings show that the ethical behavior of firms is positively associated with foreign direct investment. Similarly, judicial independence has a positive and significant effect on the same variable. When testing for the moderating effects of judicial independence, the association between ethical behavior of firms and foreign direct investment remains positive and significant for high judicial independence sub-sample, while it becomes insignificant for countries characterized by low judicial independence. The findings highlight the importance of business ethics in attracting foreign direct investment inflows in African countries. It also emphasizes the need to consider the role played by high judicial independence in strengthening this association. These results signal to policy makers in African countries the importance of adopting enforcing rules obliging firms to act ethically and strengthening judicial independence.","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":"24 1","pages":"546 - 561"},"PeriodicalIF":1.9,"publicationDate":"2022-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47318342","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 : 2022-09-05DOI: 10.1080/15228916.2022.2119015
Kaviraj Bangarigadu, R. Nunkoo
ABSTRACT Understanding the reasons behind the success and failure of SMEs is an important research endeavor. This study develops a success versus prediction model for small and medium enterprises (SMEs). Data were collected from SMEs in Mauritius. Both models were found to be valid and reliable and had good prediction accuracies. The full model, however, was found to have a slight advantage over the reduced model. Capital, financial record keeping and control, management experience, business planning and use of professional advisors were significant predictors SMEs’ success. The theoretical implications of the findings are discussed. The study also provides practical implications for stakeholders.
{"title":"A Success versus Failure Prediction Model for Small Firms","authors":"Kaviraj Bangarigadu, R. Nunkoo","doi":"10.1080/15228916.2022.2119015","DOIUrl":"https://doi.org/10.1080/15228916.2022.2119015","url":null,"abstract":"ABSTRACT Understanding the reasons behind the success and failure of SMEs is an important research endeavor. This study develops a success versus prediction model for small and medium enterprises (SMEs). Data were collected from SMEs in Mauritius. Both models were found to be valid and reliable and had good prediction accuracies. The full model, however, was found to have a slight advantage over the reduced model. Capital, financial record keeping and control, management experience, business planning and use of professional advisors were significant predictors SMEs’ success. The theoretical implications of the findings are discussed. The study also provides practical implications for stakeholders.","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":"24 1","pages":"529 - 545"},"PeriodicalIF":1.9,"publicationDate":"2022-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42486306","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 : 2022-09-02DOI: 10.1080/15228916.2022.2117925
D. B. Osei, I. Alagidede
ABSTRACT While studies on corporate philanthropy have blossomed in recent times, little is known empirically about its practice formalized through foundations. Drawing on semi-structured interviews with seven corporate foundations, this paper explored the giving strategies, opportunities, and challenges of corporate foundations in Ghana. Our findings based on thematic analysis revealed that corporate foundations rely on a combination of strategies (request, media-lead, adoption, and contest) to identify potential beneficiaries and implement their giving programs. Further evidence indicates that giving of corporate foundations presents opportunities to the foundations themselves (serve society, get partnership offers from other companies, and obtain goodwill from the public) and their parent companies (indirect business and advertising opportunities). Nonetheless, corporate foundation giving is constrained by insufficient funding, lack of support from stakeholders, managing expectations of individuals, poor maintenance culture, and cultural rites. The findings have implications for practitioners as it present insights that could serve as a model to guide new entrants into the corporate foundation landscape of developing economies. In addition, the findings could assist the development of government interventions necessary to foster more formalized corporate giving.
{"title":"Exploring the Giving Strategies, Opportunities, and Challenges of Corporate Foundations in Ghana","authors":"D. B. Osei, I. Alagidede","doi":"10.1080/15228916.2022.2117925","DOIUrl":"https://doi.org/10.1080/15228916.2022.2117925","url":null,"abstract":"ABSTRACT While studies on corporate philanthropy have blossomed in recent times, little is known empirically about its practice formalized through foundations. Drawing on semi-structured interviews with seven corporate foundations, this paper explored the giving strategies, opportunities, and challenges of corporate foundations in Ghana. Our findings based on thematic analysis revealed that corporate foundations rely on a combination of strategies (request, media-lead, adoption, and contest) to identify potential beneficiaries and implement their giving programs. Further evidence indicates that giving of corporate foundations presents opportunities to the foundations themselves (serve society, get partnership offers from other companies, and obtain goodwill from the public) and their parent companies (indirect business and advertising opportunities). Nonetheless, corporate foundation giving is constrained by insufficient funding, lack of support from stakeholders, managing expectations of individuals, poor maintenance culture, and cultural rites. The findings have implications for practitioners as it present insights that could serve as a model to guide new entrants into the corporate foundation landscape of developing economies. In addition, the findings could assist the development of government interventions necessary to foster more formalized corporate giving.","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":"24 1","pages":"491 - 508"},"PeriodicalIF":1.9,"publicationDate":"2022-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42908530","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}
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