International Journal of Business Strategies最新文献

{"title":"The Moderating Effect of Firm Characteristics on the Relationship between Corporate Governance and Financial Performance of Business Enterprises in Uganda","authors":"John Rwakihembo, Peter Oceng, John Baguma Muhunga Kule, Nixon Kamukama, Nsambu Frederick Kijjambu","doi":"10.47672/ijbs.2098","DOIUrl":"https://doi.org/10.47672/ijbs.2098","url":null,"abstract":"Purpose: This study aimed to establish the moderating effect of firm characteristics on the relationship between corporate governance and the financial performance of companies in Uganda. \u0000Materials and Methods: The study applied a positivist paradigm and a cross-sectional design. Data were obtained from a sample of 394 private companies drawn from central and western Uganda. Companies were stratified by region, sectors, and subsectors; and then selected using simple random sampling from each stratum. A structured questionnaire was distributed to board members, Chief Executive Officers, accountants, Internal Auditors, and managers who were selected purposively. Principle Component Analysis and varimax rotation were employed for data extraction and reduction. The hierarchical regression technique was employed for data analysis. \u0000Findings: The study results confirmed firm characteristics moderate the relationship between corporate governance and the financial performance of companies in Uganda. The interaction term was found to be enhancing, with the moderator strengthening the effect of corporate governance on financial performance. \u0000Implications to Practice and Policy: From the results, it is deduced that besides ensuring an effective governance system, managers and owners of private limited companies should pay more attention to enhancing firm attributes such as size, age, and reputation.","PeriodicalId":107578,"journal":{"name":"International Journal of Business Strategies","volume":"32 10","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141338898","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}

{"title":"How to Integrate Strategy and Culture for Transformative Change","authors":"A. D. M. Bukusi","doi":"10.47672/ijbs.1925","DOIUrl":"https://doi.org/10.47672/ijbs.1925","url":null,"abstract":"Purpose: This paper demonstrates that strategy and culture are important collaborators in the successful design and implementation of transformative change for sustainable corporate transformation and ethical institutional development. \u0000Materials and Methods: The researcher explores select, classic, contemporary and current scholarly literature on the theory of change. The research reviews theory articulated by Kurt Lewin on change management, systems theory, theory U and complexity in relation to their efficacy in facilitating organization change in global and local contexts. The study draws from ubuntu philosophy and the African business experience to propose a conceptual framework for the integration of strategy and culture to establish transformative change.  \u0000Findings: The study finds a distinction in the context in which the theory of change is applied at the global and local levels. Business leaders need to use different approaches to change initiatives in the two contexts. The study also shows why culture has the power to frustrate transformative change and the implementation of new strategy. Subsequently, the paper proposes that sensitivities to culture should be built into strategy design in order to mitigate its inertial power during strategy implementation. The study submits that global change theory presumes the stability of the macro-operating environments in which strategy is developed. It also assumes the existence of supportive institutional culture, predictable environmental forces and the availability of well-developed macroeconomic infrastructure to underwrite desirable change initiatives. Conventional models suggest that the only intervening agency to establish change is the design and implementation of a new strategy. However, continental business microenvironments are made up of unstable, diverse, complex and volatile microeconomic disparities and cultural undercurrents that resist the implementation of change. In other words, the outcomes of strategy implementation in microenvironments, do not always mirror the predictive designs of global change theory. The study suggests that while global contexts may also benefit from the proposed model, culture should be integrated into the design and implementation of corporate strategy, in local contexts, to facilitate sustainable change.   \u0000Implications to Theory, Practice and Policy: This paper recommends that; 1) Business and institutional leaders should carefully evaluate the strategic initiatives and development models they adopt and establish whether they indeed have the capacity to create and sustain transformative change within their operating environment, 2) Because proposed change always invites a response from culture, businesses must put in place mitigating measures to ensure that undue cultural inertia does not hinder ethical institutional advance, 3) Business leaders must remain alive to the fact that strategists, however brilliant, are not in control of the environment","PeriodicalId":107578,"journal":{"name":"International Journal of Business Strategies","volume":"42 11","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140727994","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}

{"title":"The Influence of Virtual Events on Metaverse Commercial Real Estate Values: A Review","authors":"Bader Mohammed Rashed Bin Nesaif","doi":"10.47672/ijbs.1799","DOIUrl":"https://doi.org/10.47672/ijbs.1799","url":null,"abstract":"Purpose: This review paper examines the complex relationship between virtual events and the commercial real estate prices in the dynamic Metaverse, which is a network of interconnected virtual communities enabling real-time interactions. Virtual events have emerged as a prominent element of our digital reality, surpassing geographical limitations and reshaping the understanding of interaction and professional connections. This paper aims to explore the intricate interplay among technology, virtual events, and the commercial real estate ecosystem within the Metaverse. \u0000Materials and Methods: It will analyse several case studies, identify emerging trends, and assess the economic ramifications of these dynamics. This observation highlights the capacity of virtual events to influence the real estate environment of the Metaverse, presenting prospects for developers and investors. However, it also underscores the need for comprehensive regulatory frameworks to guarantee equity and long-term viability. \u0000Findings: The increasing recognition of virtual events by corporations and organisations has led to a growing need for appropriate virtual venues inside the Metaverse. Consequently, this surge in demand has directly influenced the worth of virtual commercial real estate. The ongoing development of the Metaverse holds the potential to create a forthcoming reality in which the physical and virtual domains coexist and fundamentally transform our methods of engaging with the surrounding environment. \u0000Implications to Theory, Practice and Policy: Utilise digital twin technology for interactive property replicas, enabling potential buyers to explore properties virtually before visiting. Enhance efficiency and transparency in property transactions by exploring blockchain and smart contracts; leverage the metaverse for collaborative design and conduct virtual training for real estate agents to optimize technology utilisation.","PeriodicalId":107578,"journal":{"name":"International Journal of Business Strategies","volume":"24 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140438588","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}

{"title":"Influence of Customer Focus Strategy on Financial Performance of Deposit-Taking Saccos in Kenya","authors":"K. Mutuku, Prof. Oloko Margaret, Prof. Muturi Willy","doi":"10.47672/ijbs.1795","DOIUrl":"https://doi.org/10.47672/ijbs.1795","url":null,"abstract":"Purpose: The purpose of the study was to assess the influence of customer focus strategy on financial performance of deposit-taking SACCOs in Kenya. \u0000Materials and Methods: A descriptive research cross-sectional approach was applied. The target population of this study was 174 DT-SACCOs in Kenya. The sample size was 174 respondents. Structured questionnaires were used to collect primary data from the selected respondents. Data collection method was by use of questionnaires. Quantitative data was analyzed descriptively and inferentially. Data was coded and analyzed using the Statistical Package for Social Sciences (SPSS v23.0). Results were then presented in tables, diagrams and charts. \u0000Findings: The results showed that Customer focus strategy had a positive and significant relationship to financial performance (r=0.526, p=0.000; R2=0.277, β=0.913). The findings indicate that organizations that prioritize customer focus are more likely to achieve improved financial outcomes. \u0000Implications to Theory, Practice and Policy: The study recommended that organizations prioritize customer focus strategies to enhance their financial performance. By emphasizing customer focus, organizations can improve their financial performance by cultivating customer loyalty, driving revenue growth, and differentiating themselves in the marketplace. Additionally, this approach contributes to policy by guiding lawmakers to create customer-centric regulatory frameworks that promote sustainable business growth. Furthermore, scholars can benefit from this study by gaining insights into the relationship between customer-focused strategies and financial performance, thereby enriching theoretical understandings in the field of business management.","PeriodicalId":107578,"journal":{"name":"International Journal of Business Strategies","volume":"17 23","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140450494","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}

{"title":"Innovation and Realization of Universal Health Care Coverage in Kenya: A Case of National Hospital Insurance Fund","authors":"Ahmed A. Abdille, P. Waithaka","doi":"10.47672/ijbs.1522","DOIUrl":"https://doi.org/10.47672/ijbs.1522","url":null,"abstract":"Purpose: The National Hospital Insurance Fund (NHIF) plays a role of health financing which is a key pillar of universal health care coverage in Kenya. However, as of 2014, the Universal Health Care (UHC) index in Kenya was at [52%] compared to [55.0%] in 2019, which represent a mere improvement in access to health by [3%] in a span of 6 years. Thus, a lot has to be done in ensuring that everybody has access to affordable and quality health care services. Although innovation is an important construct, there is scanty of literature and evidence to link it with realization of universal health care coverage in the economy. Thus, the effect of innovation on realization of UHC Coverage by NHIF was explored. Specifically, process innovation and technological innovation in relation to realization of UHC by NHIF was determined. Diffusion of innovation theory and the technology acceptance model theory guided the inquiry. \u0000Methodology: Explanatory descriptive survey design was embraced targeting [155] respondents. In total, [112] respondents were selected through stratified random technique.  Information in primary mode was obtained through questionnaire that had semi-structured items. The questionnaire was pilot tested among [12] respondents selected away from the study sample. Processing of the gathered views was done descriptively and inferentially. Tables and figures were used in presenting the analyzed findings. \u0000Findings: It was noted that process innovation and technological innovation all have significant influence on realization of Universal Health Care coverage by National Hospital Insurance Fund. The study concludes that innovation significantly predicts realization of universal health care. \u0000Recommendations: The study recommends that policy makers at National Hospital Insurance Fund should regularly review the existing policies and amount of premiums contributed by members especially the self-employed people so that the same is affordable. Information and communication technology managers working at National Hospital Insurance Fund should invest in latest and modern state of the art technologies and replace the existing and obsolete ones. \u0000 ","PeriodicalId":107578,"journal":{"name":"International Journal of Business Strategies","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121756284","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}

{"title":"Business Strategies and Firm Profitability of Selected Mobile Operating Firms in Nigeria","authors":"O. F., Egwakhe J.A., Akpa V.O.","doi":"10.47672/ijbs.1489","DOIUrl":"https://doi.org/10.47672/ijbs.1489","url":null,"abstract":"Purpose: Firms economic and financial growth are the major goals of organizations across the globe to beat competition and survive in the unfriendly business environment. However, despite the positive impact of the mobile telecommunication sector to social and economic development, the mobile operating firms are plagued with challenges militating against the expected growth rate. This is evident in decline in market growth, dwindling profitability and decline in productivity. This study examined business strategies and firm profitability of mobile operating firms in Nigeria. \u0000Methodology: The study adopted survey research design. The population of the study was 436 management staff of the selected mobile operating firms in Nigeria. The enumeration sampling method was used. A structured adapted and validated questionnaire was administered. Cronbach’s alpha reliability coefficients for the constructs ranged from 0.71- 0.79. The response rate was 83.3%. Data were analyzed using descriptive and inferential (multiple regression) statistics. \u0000Findings: The study revealed business strategies have significant effect on profitability (Adj. R2 = 0.469; F (4, 358) = 81.082, P < 0.05). The study concluded that business strategies (cost leadership, product differentiation, product leadership and service delivery) influenced market growth, firm profitability and productivity of selected mobile operating firms in Nigeria. \u0000Recommendation: The study recommended that for mobile operator’s companies to achieve targeted profitability, business strategies measures such as cost leadership, product differentiation, product leadership and service delivery should be given high level of priority. \u0000 ","PeriodicalId":107578,"journal":{"name":"International Journal of Business Strategies","volume":"100 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114513369","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}

{"title":"Firm Age and Financial Performance: The Firm Life-Cycle Theoretical Perspective of Private Limited Companies In Uganda","authors":"Dr. John Rwakihembo, Dr. Wilbroad Aryatwijuka, Peter Kalinda, Dr. Pereez Nimusiima","doi":"10.47672/ijbs.1475","DOIUrl":"https://doi.org/10.47672/ijbs.1475","url":null,"abstract":"Purpose: While the financial performance of private companies has invoked intense interest globally, this study aimed to investigate the relationship between firm age and the financial performance of private limited companies in Uganda. \u0000Methodology: The study adopted a positivist paradigm and a cross-sectional design. A structured self-administered questionnaire was deployed to gather quantitative data from Accountants, Auditors, CEOs, and Board Members who were purposively selected. Three hundred ninety-four private companies in Central and Western Uganda were sampled. The relationship was assessed using Pearson correlation and standard regression analysis techniques. \u0000Findings: The study established a positive relationship between firm age and financial performance. It was established that firm age accounts for 14% of the variance in financial performance among private limited companies in Uganda. The study recommends that managers prioritize factors that guarantee the long-term existence of businesses by devising sound investment and operational policies that match the life-cycle stages of their firms. \u0000Recommendations: This study cements our insights on a firm age-financial performance nexus in Uganda’s private sector and highlights the significance of age towards financial performance. Findings provide insights into devising promising business approaches and guide management in setting priorities to achieve long-term business survival and better financial performance. \u0000 ","PeriodicalId":107578,"journal":{"name":"International Journal of Business Strategies","volume":"110 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124576525","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}

{"title":"Digitalization of Sustainable Business Practices and their Influence on Customer Experiences: A Systematic Review","authors":"G. Siampondo","doi":"10.47672/ijbs.1410","DOIUrl":"https://doi.org/10.47672/ijbs.1410","url":null,"abstract":"Purpose: Digitalization research is increasingly receiving interest among academics and researchers in recent years. The current systematic review provides a detailed analysis of fragmented literature on digitalization of business sustainable practices with the primary objective of structuring the boundary conditions for the investigation of the phenomenon. \u0000Methodology: The review applies a multi-dimensional framework for the synthesis and analysis of the research, and to discern the three primary thematic areas of digitalization including structural change and value creation, the use of digital technologies, and consumer behaviour. Based on the approach of the analysis of the articles, the adopted methodological framework was important in achieving the objectives of the review. \u0000Finding: The study found that the internal and external perspectives of digitalization research are applicable in the Business-to-Business (B2B) and Business-to-Customer (B2C) by promoting the adoption of sustainable business practices and improving collaborative and positive relationships with the consumers to enhance customer experience. Digitization of business practices has the potential of enhancing connectivity, promoting financial inclusion and improving access to trade and public services. Also, it is reported that digitalization can be used as a tool for improving the absorption of knowledge to enhance innovation and strategic renewal. \u0000Recommendation: Companies should consider long-term prospects and digital disruption before embracing new technology. Businesses should redesign the customer journey to fit consumers' demands and focus on creating connections. To succeed, organizations must personalize the consumer experience. To collect client data and provide a unique experience, companies need a CRM. Consumers desire a seamless, anytime multi-channel experience. Companies may provide fast, tailored, and easy-to-access services by integrating all interactions into a single digital profile. \u0000 ","PeriodicalId":107578,"journal":{"name":"International Journal of Business Strategies","volume":"50 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128608888","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}

{"title":"An Exploration of the Impact of Mergers and Acquisitions in the Nigerian Banking Sector: A Study of Access Bank and Diamond Bank","authors":"Sam Kilimvi Aitaa, Oluwabusayo Ologesin Mabel","doi":"10.47672/ijbs.1337","DOIUrl":"https://doi.org/10.47672/ijbs.1337","url":null,"abstract":"Purpose: The purpose of this study was to evaluate the impact of mergers and acquisitions on the financial performance of companies. \u0000Methodology: Two Nigerian deposit money banks, Access Bank and Diamond Bank were considered as case study to evaluate if they could perform better as a result of corporate restructuring when using merger and acquisition as a technique. The banks were considered because they had more than one M & A transactions between 2005 and 2019. The study carefully considered financial parameters such as return on assets, return on equity to draw conclusion. Quantitative research methodology was used as predestined by the purpose of this research. Secondary data in the form of published accounts were reviewed for the analysis. Descriptive statistics was employed for the data analysis, and the independent sample test was performed to assess the study's hypothesis. Additionally, the association between the transactions and the performance of the business was examined using Pearson's correlation coefficient. \u0000Findings: The study found that merger and acquisition may increase a company's profitability but does not necessarily translate into increase in shareholder value. Businesses must manage the acquired assets and debts efficiently to increase shareholding value. With regard to the effect of mergers and acquisitions on the financial performance of deposit money banks, this study supplements the empirical data already available on specific financial indicators that improve post mergers and acquisitions performance. \u0000Recommendation: It is recommended that the acquired asset profile needs to be effectively utilized so that the return on assets and returns on equity is improved after the merger.","PeriodicalId":107578,"journal":{"name":"International Journal of Business Strategies","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130033653","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}

{"title":"The Moderating Effect of Inter- Organization Systems on the Relationship between Supply Chain Relationship Management and Performance of Pharmaceutical Firms in Kenya","authors":"Ezekiel Kiriinya Akwalu","doi":"10.47672/ijbs.1194","DOIUrl":"https://doi.org/10.47672/ijbs.1194","url":null,"abstract":"systems on the relationship between supply chain relationship management and performance of pharmaceutical firms in Kenya \u0000Methodology: This research adopted a descriptive research design. The target population of interest in this study were the 22 local pharmaceutical manufacturing and 149 importing firms that act as subsidiaries making a total of 171. The study sample was drawn from the list of 171 pharmaceutical firms, where various categories with the relevant information for the study were drawn. The study adopted a census sampling technique. The data was analyzed using SPSS 22 version by making use of multiple regressions analysis which helped to generate a weighted estimation equation (OLS) that was used to predict values for dependent variable from the values of the independent variable. \u0000Findings: The results showed that inter-organization systems significantly moderated the relationship between supply chain relationship management practices and organizational performance. \u0000Recommendations: Based on the study findings, it was recommended that management in pharmaceutical firms should integrate their systems with those of customers such as electronic inventory management, electronic customer feedback; integrate electronic sharing of market information among other IT systems. This is because the study confirmed that integration of IT systems by pharmaceutical companies would lead to improvement in terms of speed and quality services, waste elimination, increased inventory management, responsiveness, accuracy, customer feedback and reduced lead-times","PeriodicalId":107578,"journal":{"name":"International Journal of Business Strategies","volume":"34 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117174846","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}