GPH-International Journal of Business Management

WORKING CAPITAL MANAGEMENT AND FIRMS’ FINANCIAL PERFORMANCE: EVIDENCE FROM LISTED NIGERIAN FIRMS

2023-11-04T11:58:31+00:00

This study investigated the influence of Working Capital Management (WCM) on the financial performance of publicly listed companies in Nigeria. The analysis of secondary data from the period of 2012 to 2021 employed the utilization of cash conversion cycle, Account Receivable Management, and Account Payable Management metrics. The findings of the study indicate that there is statistically significant relationship between the cash conversion cycle and financial performance. The management of cash conversion cycle, accounts receivable and accounts payable showed a statistically significant impact on the financial performance of publicly traded companies in Nigeria. The study therefore suggests that firms should maintain an optimal level of working capital in order to maximize their overall value. Additionally, the effective management of cash flow is deemed to be of utmost importance for organizations while maintaining a balanced working capital management, with particular focus on managing account receivables, payables, and inventory. This is because efficient working capital management is anticipated to have a beneficial influence on the market value of firm.

Impacts of Government Interventions on Small Scale Enterprises in Dekina Local Government Area of Kogi State, Nigeria

2023-11-09T11:33:57+00:00

This study focuses on the impacts of government interventions on small scale enterprises in Dekina Local Government Area of Kogi State. The specific objectives of the study included an investigation of the challenges affecting Small Scale Enterprises in Dekina Local Government Area, the nature of government intervention programmes and its relevance to small scale enterprises in Dekina Local Government Area, the accessibility of the intervention programmes to Small Scale Enterprise operators in Dekina Local Government Area and the strategies that can be used to overcome the challenges of accessibility to the interventions. Using dependency theoretical framework, the study adopted cross sectional survey research design. The population of the study was about 2000 while the sample size of 322 was determined using Krejcie and Morgan statistical table. Multi-Stage and purposive sampling technique were utilized to study the entire sample of the respondents. Two hypotheses formulated were tested using Chi-square and Multiple Linear Regression. The findings of the study revealed that there is a positive relationship between government interventions and the growth of small scale business enterprises in Dekina Local Government Area, Kogi State. It was also established that corruption, political interference and administrative obstacles such as high interest rates, heavy collateral etc. were the major factors affecting the accessibility of SSE operators to the government interventions, including inadequate awareness of SSE operators about government interventions. Arising from the findings, it was recommended among others that there should be sensitization on the existence of the interventions and the criteria for accessing the intervention be made easily accessible and available to all categories of small scale enterprises operators irrespective of their socio-cultural backgrounds and political affiliations as the case may be.

The Impacts of Cybercrime on the Growth of Mobile Money Services in Tanzania; A Case of Kongwa District

2023-11-16T10:25:21+00:00

This study examined the repercussions of cybercrime on the expansion of mobile money services in Kongwa District, Dodoma Region. The swift proliferation of mobile money services in the area has drawn the attention of cybercriminals, resulting in substantial threats to user security and trust. The study centred on two pivotal variables: users' trust in mobile money services and alterations in usage patterns and loan repayment behaviours. Employing a descriptive research design and a qualitative research approach, the study engaged with a sample size of 30 out of a population of 194. Primary data was gathered and analysed through surveys and interviews with mobile money users in Kongwa District to assess the extent of cybercrime's influence on these variables. Furthermore, secondary data sources were utilised to procure information concerning interventions and strategies employed to alleviate the impact of cybercrime. The study's findings revealed a significant erosion of users' trust in mobile money services and notable changes in usage patterns and loan repayment behaviours due to cybercrime. To mitigate the impact of cybercrime, the study suggests that mobile money service providers enhance security measures and regulatory authorities enforce stricter oversight. These findings hold practical implications for industry stakeholders and contribute to the academic comprehension of the impact of cybercrime on mobile money services.

THE DEVELOPMENT OF ALTERNATIVE FUNDING MODELS FOR STATE UNIVERSITIES TO AUGMENT LIMITED RESOURCES FROM TRADITIONAL SOURCES

2023-11-18T12:34:21+00:00

In recent time, the dwindling resources of government all over the world has put more strain on investment in higher education making the task of funding becoming increasingly difficult. This problem has become particularly worrisome in most less developed countries where the annual budget allocation to education over the years has been a far cry. The supply-demand gap in higher education in Zimbabwe is on the increase. Lack of financial and managerial capability impede government ‘s ability to provide sustainable and qualitative higher education. This calls for the need to explore alternative sources of funding for higher education in Zimbabwe. The main objective of this study was to examine the imperatives of as alternative sources of higher education funding in Zimbabwe.

ENTREPRENEURSHIP AS A MAJOR PART OF THE UNIVERSITY STRATEGY: AN ATTEMPT AT DIVERSIFICATION

2023-11-18T12:44:42+00:00

There seems little doubt that financial pressures in future will increase, as funding body grants reduce, tuition fee income becomes less stable and the demands to pay for new and better facilities continue to grow. And then there's the pension fund liabilities. diversifying income streams beyond the well understood core university activities of teaching students and winning research grants is still relatively new territory for many institutions; and it's clearly important to gain a good understanding of potential customers. This paper discusses the possibilities that an entrepreneurial university can offer to its various stakeholders as opposed to the traditional university that relies on funding from the state and other volunteers. The study employed the qualitative method methodology, where the quantitative methods were nested in the qualitative methodology. It adopted constructivism as its philosophy and multi-case study as its design. The findings of the study revealed that most participants felt that the State should wholly fund university education because of its strategic importance to the country. However, the reality on the ground proves that the state has no capacity to fund all universities. Thus, the study recommends that universities should be more entrepreneurial so as to complement whatever the state offers.

MAINTAINING FINANCIAL SUSTAINABILITY THROUGH INNOVATIVE FINANCIAL RESOURCE MOBILISATION IN HIGHER EDUCATION

2023-11-18T13:14:05+00:00

Higher education institutions face an ever-evolving landscape where traditional funding sources are often insufficient to meet the growing demands for quality education, infrastructure, and research. In response, innovative funding models have emerged, redefining the way universities secure financial stability. This article explores the dynamic intersection of innovative funding models and financial sustainability in higher education, supported by insights from credible sources that shed light on the importance and impact of these approaches. The researcher used desktop research to collect relevant data.

A MODEL FOR CONCEPTUALISING THE CIVIL SERVICE COLLECTIVE BARGAINING IN ZIMBABWE

2023-11-18T13:36:07+00:00

The issues of salary negotiations and other conditions of service in Zimbabwe’s public sector, have always been contentious issues following the failure by both, the employer (Government) and employees (civil servants) to seriously engage in collective bargaining for time immemorial. The civil servants through their representatives, staff associations and their coalition body, the Apex council have often resorted to collective job action or labour unrest in a bid to force government to accede to their demands. This has always resulted in poor labour relations between the two parties. The study used the library analysis and interviews which culminated in interesting findings such as; civil servants were consulted through their coalition body, the Apex council. They were not involved in the final decisions. That was left to the prerogative of the labour minister, cabinet and treasury. The study recommended that there was need to amend both the Public Service Act and the Amended Labour Act 2 :01 (2015) and be aligned with the New National Constitution of 2013 which has provision for collective bargaining. Also staff associations who represent the civil servants’ different professionals should speak with one voice so that there is a holistic approach without prioritising sectoral

HOW HAVE THE LABOUR LAWS AND RELATED POLICIES INFLUENCED OR AFFECTED UNION ACTIVITIES AND EFFECTIVENESS?

2023-11-18T13:48:06+00:00

The Zimbabwean labour relations environment is characterised by liberalised employment laws that provides for employee democracy, industry and workplace level labour relations councils namely national employment councils and works councils respectively. In spite of this, both employers and employees are unhappy with the current labour relations environment. The objective of this article is to understand the impact of labour laws on labour relations in Zimbabwe. It therefore adopted a qualitative research paradigm. A purposive sample of thirty-five participants took part in the study wherein twelve participated in interviews and two wrote memoirs detailing their experiences. The study revealed that the labour legal framework in Zimbabwe is dual in nature. Trade unions in the private sector benefitted from the rights enshrined in the Labour Act as well as in the Zimbabwean Constitution; whereas, unions in the public sector were excluded from some of the labour rights. The public sector trade unions have no right to negotiate with their employer; but just consult which is tantamount to begging the employer to improve their conditions of service. globalisation has impact on labour legislation. The nature of Zimbabwe’s labour relations showed two composites namely of employee participation and inherent antagonism between employers and employees. The article recommended that to ameliorate the negative impact of globalisation on labour relations in Zimbabwe, employees and their employers require to work together in establishing a desired labour relations culture.

THE POLITICAL, SOCIAL, LEGAL AND ECONOMIC CONTEXT OF TRADE UNIONISM IN DEVELOPING COUNTRIES: THE CASE OF ZIMBABWE

2023-11-18T14:00:02+00:00

This paper discusses the various factors that impact upon the context of trade unionism in Zimbabwe. Much as the leadership of the trade unions may want to implement their programs without hindrance, it has dawned on them that there is a complex web of variables that affect the operations of trade unions the world over. Trade unions are grappling with a labour market transformation that is taking many different forms. Technological progress, the greening of the economy, demographic change and ever-intensifying global competition are profoundly changing the landscape in which trade unions are looking to represent workers' interests. To these challenges we can add the long-standing preponderance of informality. Multiple crises, including COVID-19, have severely tested the capacity and resilience of the social partners. Today, legal restrictions on union activity and violations of trade union rights, such as the right to organize and bargain collectively for all workers, are widespread. Unsurprisingly, trade union membership is lowest where trade union rights are restricted.

THE EFFECTS OF LEADERSHIP ON MEMBERS: THE CASE OF PUBLIC SECTOR TRADE UNIONS IN ZIMBABWE

2023-11-19T07:25:09+00:00

This paper presents perceptions of trade union members towards their union leaders. The paper is a culmination of a qualitative enquiry where participants were asked some questions through interviews regarding their views about the quality of leadership within their unions. Trade union leadership and followership are complimentary and symbiotic. Pragmatic followership serves to engender effective trade union leadership. Union leaders are expected to work with and stand by their members in order to attain union mandates. Union ethos demands that leaders must place the interest and welfare of workers as their most paramount goal and work assiduously towards satisfying them. Union members must consider the antecedents and pedigree of aspirants and ensure that only unionists with track records of tenaciously and selflessly championing the union’s cause should be elected as leaders. Through leadership by example, trust, integrity, and candor, union leaders can bring about positive changes to both workers and their union. Finally, the authors called on union leaders to be alive to their responsibilities and demonstrate ethical and servant forms of leadership in order to cope with the challenges of giving vent to the aspirations of their members.

Enhancing the Decisions of the Ministry of Water Resources in Iraq: The Role of Human Resources and Technology

2023-11-24T07:41:12+00:00

Introduction

Email communication in the administrative field represents an essential means for making sound administrative decisions. It is a necessity for achieving individual collaboration (fahmi&ali, 2022). Continuous interaction with the institutional environment, where challenges are significant, such as competition and change, has become a part of customers' work styles and trends today. Technological changes lead successful organizations to make changes in their administrative processes to adapt to the environment (putra&ali, 2022). As change and development occur permanently, there is a need for new communication and development methods (Haitao, 2021) to increase efficiency, effectiveness, success, and organizational development. Today, electronic communications are one of the important and indispensable resources for making administrative decisions. The communication process is closely related in human interaction to achieve communication, transfer, and exchange of information, events, and experiences.

Electronic communications are considered essential within the organization. Instructions and guidance cannot be conveyed and passed to employees effectively without a proper network. An efficient network helps employees understand and comprehend their rights, duties, and roles, increasing the productivity and effectiveness of the organization (Lertpiromsuk, 2022). The communication process in administrative departments is like a thread that connects different departments and serves as a means of direction and connection between employees in public and private institutions (Chelladurai, & Kim, 2022).

Ways to activate and improve job empowerment among academic leader’s in Iraqi universities

2023-11-24T09:13:05+00:00

The study aimed to explore strategies for enhancing and augmenting job empowerment levels among academic leaders in Jordanian universities. The research followed a qualitative approach, wherein the researcher conducted interviews with 15 academic career leaders from this group. These strategies encompassed several aspects:

Facilitating administrative communication to bridge the gap between university administration and academic leadership while accommodating individual desires, needs, and preferences.
Leveraging modern tools and methods for job empowerment.
Empowering self-management through the formation of a dedicated team to make informed decisions.
Fostering a positive work environment to enhance personal and professional equilibrium.
Actively seeking and implementing feedback mechanisms, a critical requirement for Jordanian universities.

The interview results produced seven recommendations to activate and enhance empowerment among academic leaders:

Introducing university academic leaders to pertinent laws and regulations while providing training for their effective implementation.
Conducting regular assessments of the empowerment experience to identify shortcomings and communicate them to staff.
Acknowledging and celebrating the successes of employees.

The Influence of Management Support, Regulatory Frameworks and Technological Infrastructure on Information Security Culture in Government Institutions in Tanzania

2023-11-26T08:57:41+00:00

This study delves into the intricate dynamics of information security culture within the Ministry of Finance in Tanzania, investigating the influential roles of leadership and management support, regulatory frameworks, and technological infrastructure. A cross-sectional research design was used with a quantitative research approach. A sample size of 84 respondents was drawn from a population of 503. Utilising a comprehensive survey that covers variables like commitment, compliance, and resource accessibility, the research reveals crucial findings. Leadership and management support foster a robust information security culture, directly impacting employee awareness, responsibility, and proactive security behaviours. Concurrently, compliance with regulatory frameworks emerges as pivotal, necessitating continuous training programs to ensure understanding and adherence. The study also underscores the profound impact of technological infrastructure on information security, emphasising the importance of accessible and reliable resources in fortifying the organisation's security posture. The research sheds light on the current information security culture within the Ministry of Finance. It furnishes actionable recommendations for sustained improvement, offering a valuable contribution to the broader discourse on cybersecurity within government institutions.

Availability And Utilization Of Instructional Resources On Academic Performance Of Business Education Students In Tertiary Institutions In Delta State

2023-11-27T07:35:03+00:00

This study examined availability and utilization of instructional resources on academic performance of Business Education students in tertiary institutions in Delta State. It was guided by three research questions and three null hypotheses. The researcher adopted the descriptive survey as the design for the study. The population of the study comprised nine hundred and thirty-seven (937) Business Education respondents from the 2022/2023 academic session of the four (4) public tertiary institutions offering Business Education programme in the state. Three hundred and seventy-five (375) undergraduate Business Education students were the sample size for the study. The researcher adopted the simple random sampling technique in the selection of sampled participants. The instrument for data collection was the questionnaire. Data generated were analyzed using the mean and standard deviation for the raised research questions. On the other hand, the Pearson Product Moment Correlation Coefficient (PPMCC) was used to test the formulated hypotheses. Findings of the study revealed amongst others that there is a significant positive correlation between the availability and utilization of instructional resources and Business Education student’s performance in tertiary institutions in Delta State. The study concluded that instructional resources is a vital ingredient that should be made available to student and employed in the pedagogical process as it is capable of enhancing students performance. The study recommended amongst others that government should furnish institutions with modern instructional resources and make its usage compulsory in the teaching learning process.