Pub Date : 2024-02-09DOI: 10.56201/ijebm.v9.no8.2023.pg36.46
Said Mketo, Haji Ng’elenge, Theobald Kipilimba
The purpose of the study is to assess factors affecting electronic procurement adoption in Medical Store Department in Iringa Municipality. Specific objective of the study was to examine the effect of employee competence, technological features, and management support on electronic procurement adoption. A study employed a quantitative research approach with an explanatory cross-sectional design to explain the causal effect relationships between variables. The target population was 121 and a sample size of 93 employees of the Medical Store Department was contacted. Data were collected using a questionnaire, where respondents were picked using the probability random sampling technique. Data were analyzed using descriptive statistics namely frequencies, percentages and mean, and multiple linear regression analysis to determine the influence of technological features, employee competence, and management support on the adoption of electronic procurement. Results show that regression analysis output confirmed that there is a significant positive relationship between technological features and e-procurement adoption as the p-value is 0.02, which is less than 0.05. Furthermore, the regression analysis output confirmed that there was a significant positive relationship between employee competence and e-procurement adoption as the p-value is 0.013, which is less than 0.05 and there is a significant positive relationship between management support and e-procurement adoption as the p-value is 0.029, which is less than 0.05. The study concludes that, technological features predominantly influence e-procurement adoption followed by employee competence while management support has the least influence. The study recommends that frequent training be offered to all employees who are users of electronic procurement in relevant IT skills,
{"title":"Factors Affecting E-Procurement Adoption in Iringa Medical Store Department","authors":"Said Mketo, Haji Ng’elenge, Theobald Kipilimba","doi":"10.56201/ijebm.v9.no8.2023.pg36.46","DOIUrl":"https://doi.org/10.56201/ijebm.v9.no8.2023.pg36.46","url":null,"abstract":"The purpose of the study is to assess factors affecting electronic procurement adoption in Medical Store Department in Iringa Municipality. Specific objective of the study was to examine the effect of employee competence, technological features, and management support on electronic procurement adoption. A study employed a quantitative research approach with an explanatory cross-sectional design to explain the causal effect relationships between variables. The target population was 121 and a sample size of 93 employees of the Medical Store Department was contacted. Data were collected using a questionnaire, where respondents were picked using the probability random sampling technique. Data were analyzed using descriptive statistics namely frequencies, percentages and mean, and multiple linear regression analysis to determine the influence of technological features, employee competence, and management support on the adoption of electronic procurement. Results show that regression analysis output confirmed that there is a significant positive relationship between technological features and e-procurement adoption as the p-value is 0.02, which is less than 0.05. Furthermore, the regression analysis output confirmed that there was a significant positive relationship between employee competence and e-procurement adoption as the p-value is 0.013, which is less than 0.05 and there is a significant positive relationship between management support and e-procurement adoption as the p-value is 0.029, which is less than 0.05. The study concludes that, technological features predominantly influence e-procurement adoption followed by employee competence while management support has the least influence. The study recommends that frequent training be offered to all employees who are users of electronic procurement in relevant IT skills,","PeriodicalId":486962,"journal":{"name":"IIARD INTERNATIONAL JOURNAL OF ECONOMICS AND BUSINESS MANAGEMENT","volume":"31 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139848229","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 : 2024-02-09DOI: 10.56201/ijebm.v9.no4.2023.pg147.159
Oliseeloke olise, L. Kpagih, Ogorchukwu Ahiakwo
This paper investigated the nature of the relationship that exists between foreign direct investment, energy consumption, and greenhouse gas emissions in Nigeria between 1990 and 2020. The investigation was done using the ARDL method of analysis. The bounds cointegration test found the existence of long run relationship among the variables. The long run estimation result showed that foreign direct investment in Nigeria has a negatively significant impact on greenhouse gas emission in the short run and long run. The result also shows that AGO consumption has a negatively insignificant impact on greenhouse gas emission in the short run and long run. While PMS consumption has a positively significant impact on greenhouse gas emission in the long run. The model goes on to propose the use of government policies that would promote FDI investment in Nigeria and a more business friendly environment
{"title":"Foreign Direct Investment, Energy Consumption and Greenhouse Gas Emissions in Nigeria","authors":"Oliseeloke olise, L. Kpagih, Ogorchukwu Ahiakwo","doi":"10.56201/ijebm.v9.no4.2023.pg147.159","DOIUrl":"https://doi.org/10.56201/ijebm.v9.no4.2023.pg147.159","url":null,"abstract":"This paper investigated the nature of the relationship that exists between foreign direct investment, energy consumption, and greenhouse gas emissions in Nigeria between 1990 and 2020. The investigation was done using the ARDL method of analysis. The bounds cointegration test found the existence of long run relationship among the variables. The long run estimation result showed that foreign direct investment in Nigeria has a negatively significant impact on greenhouse gas emission in the short run and long run. The result also shows that AGO consumption has a negatively insignificant impact on greenhouse gas emission in the short run and long run. While PMS consumption has a positively significant impact on greenhouse gas emission in the long run. The model goes on to propose the use of government policies that would promote FDI investment in Nigeria and a more business friendly environment","PeriodicalId":486962,"journal":{"name":"IIARD INTERNATIONAL JOURNAL OF ECONOMICS AND BUSINESS MANAGEMENT","volume":"248 3-4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139848588","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 : 2024-02-09DOI: 10.56201/ijebm.v9.no9.2023.pg88.109
Udo Edidiong Udo
The study was conducted to examine the social intelligence and social sustainability of manufacturing firms in Akwa Ibom State. Two specific objectives were developed, which metamorphosed into four research questions and four research hypotheses. A survey research design was adapted for the study. The population of the study consisted of two hundred and forty-eight (248) staff of manufacturing firms in Akwa Ibom State. The sample size was 153 staff using Taro Yamenes sampling technique. A questionnaire was used as the instrument for data collection. The hypotheses were tested using the Pearson Product Moment Correlation statistic (PPMC), which was used to test the hypotheses supported by Statistical Package for Social Science (SPSS version 23). The result shows that there is a significant relationship between situational awareness and social sustainability (r = 0.847, p 0.001) and that there is a significant relationship between social skills and social sustainability (r = 0.682, p 0.003). Based on the findings, the study concluded that there is a significant relationship between social intelligence and the social sustainability of manufacturing firms in Akwa Ibom State. Thus, the study recommended that manufacturing firms should develop situational awareness by prioritizing the well-being of their employees and implementing welfare programs that promote a healthy work-life balance. They should actively engage with the employees and the local community to understand their needs and concerns. They should develop social skills by maintaining transparent and open communication channels with their employees, customers, and stakeholders to enhance their social intelligence and contribute to social sustainability, which will improve their overall business performance.
{"title":"Social Intelligence and Social Sustainability of Manufacturing Firms in Akwa Ibom State","authors":"Udo Edidiong Udo","doi":"10.56201/ijebm.v9.no9.2023.pg88.109","DOIUrl":"https://doi.org/10.56201/ijebm.v9.no9.2023.pg88.109","url":null,"abstract":"The study was conducted to examine the social intelligence and social sustainability of manufacturing firms in Akwa Ibom State. Two specific objectives were developed, which metamorphosed into four research questions and four research hypotheses. A survey research design was adapted for the study. The population of the study consisted of two hundred and forty-eight (248) staff of manufacturing firms in Akwa Ibom State. The sample size was 153 staff using Taro Yamenes sampling technique. A questionnaire was used as the instrument for data collection. The hypotheses were tested using the Pearson Product Moment Correlation statistic (PPMC), which was used to test the hypotheses supported by Statistical Package for Social Science (SPSS version 23). The result shows that there is a significant relationship between situational awareness and social sustainability (r = 0.847, p 0.001) and that there is a significant relationship between social skills and social sustainability (r = 0.682, p 0.003). Based on the findings, the study concluded that there is a significant relationship between social intelligence and the social sustainability of manufacturing firms in Akwa Ibom State. Thus, the study recommended that manufacturing firms should develop situational awareness by prioritizing the well-being of their employees and implementing welfare programs that promote a healthy work-life balance. They should actively engage with the employees and the local community to understand their needs and concerns. They should develop social skills by maintaining transparent and open communication channels with their employees, customers, and stakeholders to enhance their social intelligence and contribute to social sustainability, which will improve their overall business performance.","PeriodicalId":486962,"journal":{"name":"IIARD INTERNATIONAL JOURNAL OF ECONOMICS AND BUSINESS MANAGEMENT","volume":"183 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139848660","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 : 2024-02-09DOI: 10.56201/ijebm.v9.no6.2023.pg79.101
Oguntuase Adeniyi
The inability of fiscal policy to achieve its sets of macroeconomic objectives in the recent times has been traced to interference from some sets of macroeconomic shocks which require investigation in order to bring about policy recommendations that will make fiscal policy less- vulnerable to these shocks and hence improve its effectiveness in achieving its macroeconomic objectives. This study investigated the impact of macroeconomic shocks on fiscal policy behaviour in Nigeria. Auto-regressive distributed lags (ARDL) was used to achieve the impact of macroeconomic shocks on fiscal policy behaviour in Nigeria. Findings from the study revealed that shocks like government expenditure, government revenue, oil price volatility and commodity price volatility all constitute long run shocks to fiscal policy behaviour in Nigeria while variables like exchange rate, interest rate, inflation rate, external debt and external reserve constitute more of transitory shocks to fiscal behaviour in Nigeria. The study generally recommends expansion of domestic outputs to reduce the vulnerability of fiscal policy to both external and internal shocks. This will make fiscal policy more effective in achieving its set macroeconomic objectives.
{"title":"Impact of Macroeconomic Shocks on Fiscal Policy Behaviour in Nigeria","authors":"Oguntuase Adeniyi","doi":"10.56201/ijebm.v9.no6.2023.pg79.101","DOIUrl":"https://doi.org/10.56201/ijebm.v9.no6.2023.pg79.101","url":null,"abstract":"The inability of fiscal policy to achieve its sets of macroeconomic objectives in the recent times has been traced to interference from some sets of macroeconomic shocks which require investigation in order to bring about policy recommendations that will make fiscal policy less- vulnerable to these shocks and hence improve its effectiveness in achieving its macroeconomic objectives. This study investigated the impact of macroeconomic shocks on fiscal policy behaviour in Nigeria. Auto-regressive distributed lags (ARDL) was used to achieve the impact of macroeconomic shocks on fiscal policy behaviour in Nigeria. Findings from the study revealed that shocks like government expenditure, government revenue, oil price volatility and commodity price volatility all constitute long run shocks to fiscal policy behaviour in Nigeria while variables like exchange rate, interest rate, inflation rate, external debt and external reserve constitute more of transitory shocks to fiscal behaviour in Nigeria. The study generally recommends expansion of domestic outputs to reduce the vulnerability of fiscal policy to both external and internal shocks. This will make fiscal policy more effective in achieving its set macroeconomic objectives.","PeriodicalId":486962,"journal":{"name":"IIARD INTERNATIONAL JOURNAL OF ECONOMICS AND BUSINESS MANAGEMENT","volume":"252 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139848692","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 : 2024-02-09DOI: 10.56201/ijebm.v9.no5.2023.pg1.12
Mareike Heins, Georgios Rigopoulos
Open banking is a major innovation in financial industry and has been driven by technology developments, as well as legislation for financial data. Payment Systems Directive 2 (PSD2) has been a key initiative for European Union, aiming to increase competition and innovation among financial industry, by allowing the entry of third party licensed providers to the financial market. This is feasible by relaxing the data restrictions and ownership, and passing control over consumers, who may select among a wide set of service providers, and not only the traditional banks. Although, PSD2 and third party applications are in place, there seems that consumers do not adopt them widely. Also, it is not evident, if PSD2 has enabled the desired level of competition and innovation for the benefit if consumers. Due to lack of relevant works, this study, aims to explore the key factors that affect consumer adoption and at the same time examine the PSD2 effectiveness in the creation of a new landscape. A number of experts were interviewed and a qualitative analysis was followed. Results, indicate that key barriers to adoption are lack of awareness, data privacy and value proposition, while PSD2 seems that it has increased competition and innovation. Further studies can shed more light on those findings, in a wider perspective.
{"title":"An Empirical Exploration of Key Factors and Barriers to Consumer’s Adoption of Open Banking Applications","authors":"Mareike Heins, Georgios Rigopoulos","doi":"10.56201/ijebm.v9.no5.2023.pg1.12","DOIUrl":"https://doi.org/10.56201/ijebm.v9.no5.2023.pg1.12","url":null,"abstract":"Open banking is a major innovation in financial industry and has been driven by technology developments, as well as legislation for financial data. Payment Systems Directive 2 (PSD2) has been a key initiative for European Union, aiming to increase competition and innovation among financial industry, by allowing the entry of third party licensed providers to the financial market. This is feasible by relaxing the data restrictions and ownership, and passing control over consumers, who may select among a wide set of service providers, and not only the traditional banks. Although, PSD2 and third party applications are in place, there seems that consumers do not adopt them widely. Also, it is not evident, if PSD2 has enabled the desired level of competition and innovation for the benefit if consumers. Due to lack of relevant works, this study, aims to explore the key factors that affect consumer adoption and at the same time examine the PSD2 effectiveness in the creation of a new landscape. A number of experts were interviewed and a qualitative analysis was followed. Results, indicate that key barriers to adoption are lack of awareness, data privacy and value proposition, while PSD2 seems that it has increased competition and innovation. Further studies can shed more light on those findings, in a wider perspective.","PeriodicalId":486962,"journal":{"name":"IIARD INTERNATIONAL JOURNAL OF ECONOMICS AND BUSINESS MANAGEMENT","volume":"151 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139849025","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 : 2024-02-09DOI: 10.56201/ijebm.v9.no9.2023.pg56.69
Stephen Olajiire Oluwatukesi, L. A. Balogun, Temituope Esimajemite Oluwatukesi, Boluwaji Jaiyesimi
This study investigates the effects of succession planning on the business continuity of family- owned businesses in Lagos state, Nigeria. The study adopted a cross-sectional survey design and computed a sample size of three hundred and sixty-eight (368) from The Nigerian Association of Small and Medium Enterprises NASME database of registered family businesses of eight-thousand three hundred and ninety- six registered family-owned businesses in Lagos state using the Cochran sample size formula. The senior staff and owners of family-owned businesses in Lagos state were purposively selected to fill out the structured questionnaires of the study. The questionnaires were adapted from previous studies and validated via a pilot study conducted in the Oluyole industrial area of Ibadan southwest, Oyo state, Nigeria. The study adopted SPSS version 25 for the descriptive statistics and Smart PLS version 4.0 for the inferential statistics to analyse the data. The study's findings revealed that succession planning influences 30.2% of business continuity, while the remaining 69.8% can be explained by the other exogenous variables different from business continuity. The study concludes that succession planning positively influences the business continuity of family-owned businesses in Lagos State, Nigeria.
{"title":"Succession Planning and Business Continuity of Family-Owned Business in Lagos State, Nigeria","authors":"Stephen Olajiire Oluwatukesi, L. A. Balogun, Temituope Esimajemite Oluwatukesi, Boluwaji Jaiyesimi","doi":"10.56201/ijebm.v9.no9.2023.pg56.69","DOIUrl":"https://doi.org/10.56201/ijebm.v9.no9.2023.pg56.69","url":null,"abstract":"This study investigates the effects of succession planning on the business continuity of family- owned businesses in Lagos state, Nigeria. The study adopted a cross-sectional survey design and computed a sample size of three hundred and sixty-eight (368) from The Nigerian Association of Small and Medium Enterprises NASME database of registered family businesses of eight-thousand three hundred and ninety- six registered family-owned businesses in Lagos state using the Cochran sample size formula. The senior staff and owners of family-owned businesses in Lagos state were purposively selected to fill out the structured questionnaires of the study. The questionnaires were adapted from previous studies and validated via a pilot study conducted in the Oluyole industrial area of Ibadan southwest, Oyo state, Nigeria. The study adopted SPSS version 25 for the descriptive statistics and Smart PLS version 4.0 for the inferential statistics to analyse the data. The study's findings revealed that succession planning influences 30.2% of business continuity, while the remaining 69.8% can be explained by the other exogenous variables different from business continuity. The study concludes that succession planning positively influences the business continuity of family-owned businesses in Lagos State, Nigeria.","PeriodicalId":486962,"journal":{"name":"IIARD INTERNATIONAL JOURNAL OF ECONOMICS AND BUSINESS MANAGEMENT","volume":"8 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139850342","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 : 2024-02-09DOI: 10.56201/ijebm.v9.no9.2023.pg14.33
A. I. Orok, E. E. Anietie, Akpan James Williams, O. E. Etim
This study was conducted to assess the influence of economic factors on brain flight intention of medical doctors in federal tertiary healthcare institutions, south-south, Nigeria.
本研究旨在评估经济因素对尼日利亚南部联邦高等医疗机构医生人才外流意向的影响。
{"title":"Economic Factors influencing Brain Flight Intention among Medical Doctors in Federal Tertiary Healthcare Institutions, South-South, Nigeria","authors":"A. I. Orok, E. E. Anietie, Akpan James Williams, O. E. Etim","doi":"10.56201/ijebm.v9.no9.2023.pg14.33","DOIUrl":"https://doi.org/10.56201/ijebm.v9.no9.2023.pg14.33","url":null,"abstract":"This study was conducted to assess the influence of economic factors on brain flight intention of medical doctors in federal tertiary healthcare institutions, south-south, Nigeria.","PeriodicalId":486962,"journal":{"name":"IIARD INTERNATIONAL JOURNAL OF ECONOMICS AND BUSINESS MANAGEMENT","volume":" 65","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139787718","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 : 2024-02-09DOI: 10.56201/ijebm.v9.no4.2023.pg46.59
Kongo Aaron, Ateata Patience, Ote Ola, Odike Abraham Ijuo
This study investigated the relative effectiveness of monetary policy on investment in Nigeria for the period 1990Q1 to 2019Q4 using SVAR model. The study found out that monetary policy is effective for influencing investment in Nigeria in short run, medium and long run. Specifically, the study found out that interest rate, bank credit and exchange rate are the most ef fective variables for influencing investment when compared with other variables (money supply, inflation and exchange rate) within the model of the study. The study therefore recommend that central bank should peg monetary policy rate at a threshold suitable to increase money supply and credit facilitation by commercial banks in order to stimulate investment in the Nigeria economy.
{"title":"The Relative Effectiveness of Monetary Policy on Investment in Nigeria","authors":"Kongo Aaron, Ateata Patience, Ote Ola, Odike Abraham Ijuo","doi":"10.56201/ijebm.v9.no4.2023.pg46.59","DOIUrl":"https://doi.org/10.56201/ijebm.v9.no4.2023.pg46.59","url":null,"abstract":"This study investigated the relative effectiveness of monetary policy on investment in Nigeria for the period 1990Q1 to 2019Q4 using SVAR model. The study found out that monetary policy is effective for influencing investment in Nigeria in short run, medium and long run. Specifically, the study found out that interest rate, bank credit and exchange rate are the most ef fective variables for influencing investment when compared with other variables (money supply, inflation and exchange rate) within the model of the study. The study therefore recommend that central bank should peg monetary policy rate at a threshold suitable to increase money supply and credit facilitation by commercial banks in order to stimulate investment in the Nigeria economy.","PeriodicalId":486962,"journal":{"name":"IIARD INTERNATIONAL JOURNAL OF ECONOMICS AND BUSINESS MANAGEMENT","volume":" 74","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139787984","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 : 2024-02-09DOI: 10.56201/ijebm.v9.no8.2023.pg36.46
Said Mketo, Haji Ng’elenge, Theobald Kipilimba
The purpose of the study is to assess factors affecting electronic procurement adoption in Medical Store Department in Iringa Municipality. Specific objective of the study was to examine the effect of employee competence, technological features, and management support on electronic procurement adoption. A study employed a quantitative research approach with an explanatory cross-sectional design to explain the causal effect relationships between variables. The target population was 121 and a sample size of 93 employees of the Medical Store Department was contacted. Data were collected using a questionnaire, where respondents were picked using the probability random sampling technique. Data were analyzed using descriptive statistics namely frequencies, percentages and mean, and multiple linear regression analysis to determine the influence of technological features, employee competence, and management support on the adoption of electronic procurement. Results show that regression analysis output confirmed that there is a significant positive relationship between technological features and e-procurement adoption as the p-value is 0.02, which is less than 0.05. Furthermore, the regression analysis output confirmed that there was a significant positive relationship between employee competence and e-procurement adoption as the p-value is 0.013, which is less than 0.05 and there is a significant positive relationship between management support and e-procurement adoption as the p-value is 0.029, which is less than 0.05. The study concludes that, technological features predominantly influence e-procurement adoption followed by employee competence while management support has the least influence. The study recommends that frequent training be offered to all employees who are users of electronic procurement in relevant IT skills,
{"title":"Factors Affecting E-Procurement Adoption in Iringa Medical Store Department","authors":"Said Mketo, Haji Ng’elenge, Theobald Kipilimba","doi":"10.56201/ijebm.v9.no8.2023.pg36.46","DOIUrl":"https://doi.org/10.56201/ijebm.v9.no8.2023.pg36.46","url":null,"abstract":"The purpose of the study is to assess factors affecting electronic procurement adoption in Medical Store Department in Iringa Municipality. Specific objective of the study was to examine the effect of employee competence, technological features, and management support on electronic procurement adoption. A study employed a quantitative research approach with an explanatory cross-sectional design to explain the causal effect relationships between variables. The target population was 121 and a sample size of 93 employees of the Medical Store Department was contacted. Data were collected using a questionnaire, where respondents were picked using the probability random sampling technique. Data were analyzed using descriptive statistics namely frequencies, percentages and mean, and multiple linear regression analysis to determine the influence of technological features, employee competence, and management support on the adoption of electronic procurement. Results show that regression analysis output confirmed that there is a significant positive relationship between technological features and e-procurement adoption as the p-value is 0.02, which is less than 0.05. Furthermore, the regression analysis output confirmed that there was a significant positive relationship between employee competence and e-procurement adoption as the p-value is 0.013, which is less than 0.05 and there is a significant positive relationship between management support and e-procurement adoption as the p-value is 0.029, which is less than 0.05. The study concludes that, technological features predominantly influence e-procurement adoption followed by employee competence while management support has the least influence. The study recommends that frequent training be offered to all employees who are users of electronic procurement in relevant IT skills,","PeriodicalId":486962,"journal":{"name":"IIARD INTERNATIONAL JOURNAL OF ECONOMICS AND BUSINESS MANAGEMENT","volume":" 35","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139788368","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 : 2024-02-09DOI: 10.56201/ijebm.v9.no3.2023.pg41.51
Eta Ekenyong Ekenyong, J. Ohaka, Gospel J. Chukwu
This study investigated the relationship between cash management and financial performance of listed construction companies on Nigerian Exchange Group. Specifically, the objectives of the study are to examine the relationship between cash management and earning per share, ascertain the relationship between cash management and net profit. The ex -post facto research design was used. The study population comprised Six (6) listed construction companies as listed on the Nigeria Exchange Group in 2021. The entire population was used as the sample size, using the census approach. Data was source through the annual report of listed construction companies for 2011-2020. Pearson correlation and multiple regression was used in data analysis with the aid of Stata12 software. The study revealed that there is no relationship between cash management and earnings per share of listed construction companies on the Nigerian Exchange Group. There is no relationship significant between cash management and net profit of listed construction companies on the Nigerian Exchange Group. The study concluded that there is no significant relationship between inventory management and financial performance. The study recommended that effort should be made to decrease the number of inventory turnover days and increase the creditors’ payable days in order to minimize the length of the working capital cycle for increase financial performance; efficient inventory control measure like storing and transferring stock, as well as tracking should be put in place for enhance financial performance.
{"title":"Inventory Management and Financial Performance Listed Construction Companies in Nigeria","authors":"Eta Ekenyong Ekenyong, J. Ohaka, Gospel J. Chukwu","doi":"10.56201/ijebm.v9.no3.2023.pg41.51","DOIUrl":"https://doi.org/10.56201/ijebm.v9.no3.2023.pg41.51","url":null,"abstract":"This study investigated the relationship between cash management and financial performance of listed construction companies on Nigerian Exchange Group. Specifically, the objectives of the study are to examine the relationship between cash management and earning per share, ascertain the relationship between cash management and net profit. The ex -post facto research design was used. The study population comprised Six (6) listed construction companies as listed on the Nigeria Exchange Group in 2021. The entire population was used as the sample size, using the census approach. Data was source through the annual report of listed construction companies for 2011-2020. Pearson correlation and multiple regression was used in data analysis with the aid of Stata12 software. The study revealed that there is no relationship between cash management and earnings per share of listed construction companies on the Nigerian Exchange Group. There is no relationship significant between cash management and net profit of listed construction companies on the Nigerian Exchange Group. The study concluded that there is no significant relationship between inventory management and financial performance. The study recommended that effort should be made to decrease the number of inventory turnover days and increase the creditors’ payable days in order to minimize the length of the working capital cycle for increase financial performance; efficient inventory control measure like storing and transferring stock, as well as tracking should be put in place for enhance financial performance.","PeriodicalId":486962,"journal":{"name":"IIARD INTERNATIONAL JOURNAL OF ECONOMICS AND BUSINESS MANAGEMENT","volume":" 25","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139789561","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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